4410 38th Avenue

Vero Beach, FL 32967

$325,000
Price
Beds
1,512 Sq. Ft.
$215 / Sq. Ft.
1,512
Sq. Ft.
$215
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. Owner Financing availableOver 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
  1. Listed by Nicholas W Gentile • LPT Realty
  2. Listed by Kacey Smith • LPT Realty

Property Details for 4410 38th Avenue

Subdivision
.
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water

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-10960985
Days on Market65
Taxes$1,144 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1955
Lot Size0.17 AC / 7,200 SF
CountyIndian River County

Location

Listing Courtesy of LPT Realty
Add your commute

Building Information for 4410 38th Avenue

Stories1Residences-Year Built1955Building Size-Lot Size0.17 AC / 7,200 SF

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
  • Property Condition: Resale
  • Geo Area: PB07
  • Street Number: 4410
  • Subdivision Complex Bldg: .
  • Municipal Code: Vero Beach
  • State: FL
  • City Postal ID: 32967
  • MLS Area: 5940
  • MLS Sub Area: PB07
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 3%
  • HOPA: No Hopa
  • Tax Year: 2023
  • HOA Dues: $0
Property
Lot Information
  • Area: 5940
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Lot Dimensions: 80.0 ft x 90.0 ft
  • Parcel ID: 32392700000300000005.0
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 1,512
  • Square Ft Source: Tax Rolls
  • Zoning: CL
Property and Assessments
  • 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
  • Sq Ft Liv Area: 1512.0
  • 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
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick
  • Exterior Features: None
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
  • Gated Community YN: No
Interior Features
  • Roof: Other
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Central
  • Flooring: Concrete, Tile
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $54,247.66
  • Income & Expenses: Annual Total Expense: $6,352.34
  • Income & Expenses: Gross Operating Inc: $5,050.00
  • Tenant Pays: Electric
Unit 1
  • Unit 1 Desc: Range - Gas
  • Unit 1 Info: Hotel
  • Unit 1 Info: Bedrooms: 7
  • Unit 1 Info: Full Bath: 2
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 4,200
  • Unit 1 Info: SqFt: 1128.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: Range - Electric
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $850
  • Unit 2 Info: SqFt: 384.0
  • Unit 2 Parking: Open Parking
Rental
Rental Information
  • Pets on Premises: No

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.

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4410 38th Avenue is a multi-family home for sale in Vero Beach, FL 32967. This property was listed for sale on February 19, 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, 1,512 sqft multi-family home 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.