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1505 Coral Ave, Vero Beach, FL, 32963

7beds
4baths
3,099sqft
$2,390,000
$771price/sqft
$20,201/moest. monthly cost
$808,040/yrincome needed

About This Home

///Seller Financing/// Prime opportunity with a motivated seller! Excellent investment in the prestigious city of Vero Beach. Concrete block duplex on a valuable corner lot zoned Multi-Family (2–9 units) with 3,299 A/C SF and steps from the beach. Aluminum roof for added durability and low maintenance. Each unit features its own private patio, offering added outdoor living space and privacy. Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a private enclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes to Disney’s Vero Beach Resort, Costa d’Este Beach Resort, and Orchid Island Golf & Beach Club. Conveniently located 2 hours from Miami, 1 hour from West Palm Beach, and Orlando. Ideal for investors seeking long-term appreciation, a high rental income, or future development flexibility.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

7/10
7/10
Gifford Middle SchoolGrades 6-84.9 mi
5/10
Vero Beach High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1976

Materials

  • Roof: Aluminum
  • Construction materials: CBS Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Features

  • Window features: Complete Accordian Shutters
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,099
  • Total interior livable area: 3,099 sqft

Property

Details

  • Parcel number: 33400500012007000007.0
  • Zoning: R-1A

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 6