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4410 38th Ave - 1,512 sqft Building | Vero Beach, FL 2 Unit Apartment Building Offered at $656,082 CAD Vero Beach, FL 32967
INVESTMENT HIGHLIGHTS
- 1,512 SF Commercial Building – Dual-Use Property with Income Potential Two-building setup featuring a restaurant and 7-room boarding house
- Flexible Commercial Zoning (CL – Commercial Light) Permits a wide range of uses including retail, office, medical, restaurant/QSR
- Prime Location – 4410 38th Ave, Vero Beach, FL 32967 (Indian River County) Situated near Downtown Vero Beach and local beaches
- Fully Serviced Corner Lot – 7,405 SF (0.17 AC) Connected to water, sewer, and electric, with excellent road access and no flood zone concerns.
EXECUTIVE SUMMARY
Address: 4410 38th Ave, Vero Beach, FL, 32967
County: Indian River County
Zoning: CL (Commercial Light)
Parcel ID: 32-39-27-00000-3000-00005.0
Building size: 1,512 sqft
Land size (sqft): 7,405
Land size (acre): 0.17
Layout: 2 buildings (Restaurant & Boarding House)
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Potential Development: Retail Store/Plaza, Office Building, Medical Office building, General Commercial buildings, Restaurant/Cafe/ QSR, etc.
Investment Highlights
Potential Gross Rent: $4,744.00/month
Potential NOI: $56,928.00
Rentable Sqft: 1,266
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
County: Indian River County
Zoning: CL (Commercial Light)
Parcel ID: 32-39-27-00000-3000-00005.0
Building size: 1,512 sqft
Land size (sqft): 7,405
Land size (acre): 0.17
Layout: 2 buildings (Restaurant & Boarding House)
Sewer: Connected
Water: Connected
Electric: Connected
Flood Zone: No
Road Access: Yes
Opportunity zone: False
Potential Development: Retail Store/Plaza, Office Building, Medical Office building, General Commercial buildings, Restaurant/Cafe/ QSR, etc.
Investment Highlights
Potential Gross Rent: $4,744.00/month
Potential NOI: $56,928.00
Rentable Sqft: 1,266
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
PROPERTY FACTS
| Price | $656,082 CAD | Lot Size | 0.17 AC |
| Price Per Unit | $328,041 CAD | Building Size | 1,512 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1955 |
| Zoning | CL - Mixed Use | ||
| Price | $656,082 CAD |
| Price Per Unit | $328,041 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.17 AC |
| Building Size | 1,512 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1955 |
| Zoning | CL - Mixed Use |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 32-39-27-00000-3000-00005.0 | Improvements Assessment | $34,245 CAD |
| Land Assessment | $17,201 CAD | Total Assessment | $51,446 CAD |
PROPERTY TAXES
Parcel Number
32-39-27-00000-3000-00005.0
Land Assessment
$17,201 CAD
Improvements Assessment
$34,245 CAD
Total Assessment
$51,446 CAD
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4410 38th Ave - 1,512 sqft Building | Vero Beach, FL
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