4410 38th Avenue

Vero Beach, FL 32967

$325,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.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.
  1. Listed by Nicholas W Gentile • LPT Realty
  2. Listed by Kacey Smith • LPT Realty

Amenities

  • Air Conditioning

Location

Listing Courtesy of LPT Realty
Add your commute
LISTING UPDATED: 04/17/2024 03:29 PM

Property Details for 4410 38th Avenue

StatusActive
MLS #RX-10957155
Days on Market77
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial/Industry / Mixed Use
Year Built1955
Lot Size-
CountyIndian River County

Location

Listing Courtesy of LPT Realty
Add your commute

Building Information for 4410 38th Avenue

Stories-Residences-Year Built1955Lot Size-

Payment Calculator

$1,869 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,774

Property Taxes

$95

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4410 38th Avenue

Summary
Location and General Information
  • Geo Area: PB07
  • Street Number: 4410
  • Municipal Code: Vero Beach
  • State: FL
  • City Postal ID: 32967
  • MLS Area: 5940
  • MLS Sub Area: PB07
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • Tax Year: 2023
Property
Lot Information
  • Area: 5940
  • Parcel ID: 32392700000300000005.0
  • Property Group ID: 19990816212135227274000000
  • Square Ft Source: Appraisal
  • Zoning: CL
Property and Assessments
  • Acres: 0.17
  • For Sale: Yes
  • Legal Desc: BEG 565 FT S & 605 FT W OF NE COR OF NW1/4 RUN N 80 FT; RUN E 90 FT; S 80 FT; W 90 FT TO POB
  • Legal Description: BEG 565 FT S & 605 FT W OF NE COR OF NW1/4 RUN N 80 FT; RUN E 90 FT; S 80 FT; W 90 FT TO POB
Utilities
  • Utilities: Electric
Interior and Exterior Features
Interior Features
  • Roof: Comp Shingle
  • Cooling: Electric
  • Flooring: Concrete, Tile
  • Heating: Electric
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Tenant Pays: Electric, Water

Property History for 4410 38th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4410 38th Avenue

Taxable ValueLand$12,240Additions$22,255Total$34,495
Tax Record2023$1,144 ($95 / month)
Home Facts
Total Finished SqFt1,512 SqFtAbove Grade Finished SqFt1,512 SqFtStories1Lot Size7,405 SqFtStyleRestaurantYear Built1955Year Renovated1979ZoningCLCountyINDIAN RIVERAPN32-39-27-00000-3000-00005.0

Schools near 4410 38th Avenue

This home is within Indian River.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 6
Rating
School
Distance
Dodgertown Elementary School
PublicPK to 5

Gifford Middle School
Public6 to 8

Vero Beach High School
Public9 to 12

St. Peter's Academy
CharterK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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4410 38th Avenue is a mixed use property for sale in Vero Beach, FL 32967. This property was listed for sale on February 6, 2024 by LPT Realty, it's currently listed at $325,000. This listing's school district is Indian River. Nearby schools include Dodgertown Elementary School, Gifford Middle School and Vero Beach High School. 4410 38th Avenue is a 0-bed, 0-bath, mixed use property built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.