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5 Unit Efficiency Apartment Building

2105 19th Avenue, Vero Beach, Florida 32960
Sold: $600,200
5 Unit Efficiency Apartment Building

Property Details

Property Type
Residential
Building Type
Freestanding
Building Size
2,578 sqft
Land Size
0.29 acres
Units
5
Sewer
City
Water
City
Zoning
RM-10/12
Electric
FPL
Year Built
1961

Property Description

PROPERTY SUMMARY

  • Five-Unit Efficiency+ Rental!
  • All Units Equipped with Central Air, Full Kitchen, Hot Water Heater’s, and Full Bathroom.
  • All Kitchens have been Recently Renovated.
  • Concrete Block with New Metal Roof from 2022!
  • Upgraded Thermo-Pane Windows.
  • AC’s and Water Heater’s all Replaced in Past Five Years.
  • Property to the Adjacent North also Available!

BUILDING SIZE: 2,578 SF with Five ‘Efficiency Plus’ Units
YEAR BUILT: 1961
PROPERTY SIZE: .29 Acres
PROPERTY TAXES: $4,161.08 (2022)
UTILITIES: City Water and Sewer, FPL
ZONING: RM-10/12 - Residential Multifamily Med. & High Density
CURRENT NOI: $30,740.54
PROJECTED NOI: $41,240.54
ASKING PRICE: $599,000

Location