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2646 58th Ct 2 Unit Apartment Building Offered at $329,000 Vero Beach, FL 32966
EXECUTIVE SUMMARY
Great Opportunity to pick up 2 Units in Vero Beach with Solid CBS Construction. Newer Vinyl Casement Double Pained Windows. Vaulted Ceilings. New Drain Field. New Septic Tank. All New Exterior Drain. Newer Mini Split A/C systems in each apartment. Separate electric meters for each apartment. The dead end street adds to the tranquility and cuts down traffic. Solid tenants with good rental history. Owner retains the enclosed garage area along with a workshop for storage and misc. use. This can easily increase income on this already profitable property.
Please DO NOT DISTURB TENANTS
Please DO NOT DISTURB TENANTS
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $329,000 | Lot Size | 0.31 AC |
| Price Per Unit | $164,500 | Building Size | 1,400 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Gross Rent Multiplier | 9.7 | No. Stories | 1 |
| No. Units | 2 | Year Built/Renovated | 1955/2020 |
| Property Type | Multifamily | Parking Ratio | 2.86/1,000 SF |
| Zoning | RS3 - While RS-3 usually implies larger lots for detached homes, the broader city code mentions single-family, duplex, and multi-family allowances | ||
| Price | $329,000 |
| Price Per Unit | $164,500 |
| Sale Type | Investment |
| Gross Rent Multiplier | 9.7 |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.31 AC |
| Building Size | 1,400 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2020 |
| Parking Ratio | 2.86/1,000 SF |
| Zoning | RS3 - While RS-3 usually implies larger lots for detached homes, the broader city code mentions single-family, duplex, and multi-family allowances |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Ceiling Fans
- Tile Floors
- Vaulted Ceiling
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Double Pane Windows
- Lawn
- Office
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Community-Wide WiFi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,200 | 500 |
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2646 58th Ct
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