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4410 38th Avenue

Vero Beach, FL 32967
  • $324,900
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: RX-10960985
Price Reduced
$324,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,512
    SQFT
  • $215
    $/SQFT
Neighborhood:
.
Type:
Multi-Family
Built:
1955
County:
Area:

School Ratings & Info

Description

Over 15% cap rate!! Very unique property with a restaurant & a 7 bedroom boarding house. 100% leased out with over $5,000 per month in gross income. Owner Financing available

Monthly Payment Calculator

www.curatedresidences.com/homes/147727612
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4410 38th Avenue Vero Beach, FL 32967

  • Price: $324,900
  • Status: Active
  • On Site: 98 Days
  • MLS #: RX-10960985
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1,512
SQFT
$215
$/SQFT
1955
Built
Neighborhood:
.
County:
Indian River
Area:
Vero Beach
Property Description
Over 15% cap rate!! Very unique property with a restaurant & a 7 bedroom boarding house. 100% leased out with over $5,000 per month in gross income. Owner Financing available
Exterior Features

Carport Spaces 0.00 Construction Concrete Exterior Features None Lot Description < 1/4 Acre Lot Dimensions 80.0 ft x 90.0 ft Private Pool YN No Roof Other Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring ConcreteTile Heating Central Unit1 Bedrooms 7 Unit1 Desc Range - Gas Unit1 Full Baths 2 Unit1 Furnished No Unit1 Info Hotel Unit1 Sq Ft 1128 Unit2 Desc Range - Electric Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 384

Property Features

Annual Net Operating Income 54247.66 Annual Total Expenses 6352.34 Auction No Available Info None Built Desc Resale Gated Community No Gross Operating Income 5050.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Duplex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 1512.00 Subdivision Amenities None Tax Amount 1143.78 Tax Year 2023 Taxes City/County Tenant Pays Electric Terms Considered CashConventionalOwner Unit1 Monthly Income 4200.00 Unit2 Monthly Income 850.00 Utilities Electric Zoning CL

Listing provided courtesy of Lpt Realty: . Listing information © 2024 BeachesMLS
 
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