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$525,000   Price Analysis
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4410 38th Ave
Vero Beach, FL 32967
7 bed 3 bath 1,512 SqFt ($347/SqFt)
7,200SqFt lot. Built 1955
Listed 2024-06-27, Taxes $730
USDA Eligible
near Vero Beach, FL
 

AMAZAING

This is an unique property with a restaurant and a 7 bedroom living quarters ( Boarding House).

With 100% leased-out, income average $5000.00 per month n gross income.


Presented by Barbara Moore at
Avalar Realty Group Inc.
Listing Agent Photo

Property MLS #RX-10999625 from BeachesMLSFlex

Bedrooms: 7

Cooling Features: Central
Heating Features: Central

Full Bathrooms: 3

Flooring: Tile

Lot Description: < 1/4 Acre
Lot Size Acres: 0.1652893
Lot Size Dimensions: 80.0 ft x 90.0 ft
Lot Size Square Feet: 7200

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 5050.00
Tenant Pays: Electric

Number of Units: 7
Bedrooms in Unit-1: 7
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 1
Unit-1 Description: Range - Electric
Unit-2 Description: Hotel
Unit-1 Furnished Description: Yes
Unit-2 Furnished Description: No
Unit-1 Square Feet: 1128
Unit-2 Square Feet: 384

Annual Tax Amount: 1143.78
Source Listing Status: Active
County: Indian River
Directions: Head west toward US-1 N/ Hwy 1, Turn R on US-1 N/N 4th St/N US Hwy 1, Turn R on US-1 N/N 4th St/N US Hwy 1 cont. straight on US-1 N, Turn R on IR Blvd, L on 45th St, L on 38th St. to property.
Tax Year: 2023
Source Property Type: Residential Income
Area: 5940
Source Neighborhood: 5940
Zoning: CL
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$21,680 + $12,240
$33,920
$730
2021$22,216 + $12,240
$34,456
$724
2020$22,752 + $12,240
$34,992
$730
2019$unknown + $unknown
$34,613
$736
2018$unknown + $unknown
$31,466
$713
2017$16,365 + $12,240
$28,605
$637
2016$16,040 + $12,240
$28,280
$665
2015$17,020 + $12,240
$29,260
$701
2014$unknown + $unknown
$27,810
$644
2013$unknown + $unknown
$28,200
$636
2012$unknown + $unknown
$29,040
$637
2011$unknown + $unknown
$30,000
$652
2010$unknown + $unknown
$32,550
$689
2009$unknown + $unknown
$33,500
$682
2008$unknown + $unknown
$34,050
$666
2007$unknown + $unknown
$22,960
$511

Listed 2024-06-27
$525,000
BeachesMLSFlex
Listing removed 2024-06-24
$0
BeachesMLSFlex
Listed 2024-06-21
$300,000
BeachesMLSFlex
Listing removed 2024-06-13
$0
BeachesMLSFlex
Price Changed 2024-05-14
$324,900
BeachesMLSFlex
Price Changed 2024-04-17
$325,000
BeachesMLSFlex
Price Changed 2024-04-08
$350,000
BeachesMLSFlex
Price Changed 2024-04-03
$600,000
BeachesMLSFlex
Listed 2024-02-19
$350,000
BeachesMLSFlex

Net Operating Income: 54250.00
Operating Expense: 6400.00

Total Square Feet Living: 1512
Year Built: 1955
Construction Materials: Concrete
Living Area Source: Tax Rolls
Property Age: 69
Property Condition: Resale
Levels or Stories: 1.0
Structure Type: Duplex
Total Area Sqft: 1512
Year Built Details: Resale

Electric: Yes
Electric

Dodgertown Elementary School is a public elementary school located approximately 0.3 miles away.
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Gifford Middle School is a public middle school located approximately 0.6 miles away.
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Vero Beach High School is a public high school located approximately 3.2 miles away.
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Ebenezer Christian Academy of Vero Beach is a private elementary, middle and high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.