1505 Coral Avenue, Vero Beach, FL 32963,Vero Beach,Indian River,Residential Income

$2,390,000

Description

///Seller Financing/// Prime opportunity with a motivated seller! Excellent investment in the prestigious city of Vero Beach. Concrete block duplex on a valuable corner lot zoned Multi-Family (2–9 units) with 3,299 A/C SF and steps from the beach. Aluminum roof for added durability and low maintenance. Each unit features its own private patio, offering added outdoor living space and privacy.Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a privateenclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes toDisney’s Vero Beach Resort, Costa d’Este Beach Resort, and Orchid Island Golf & Beach Club. Conveniently located 2 hours from Miami, 1 hour from West Palm Beach, and Orlando. Ideal for investors seeking long-termappreciation, a high rental income, or future development flexibility.

Address

Open on Google Maps

Address: Coral
City: Vero Beach
State/county: Indian River
Zip/Postal Code: 32963

Details

Updated on July 20, 2026 at 5:55 pm

Property ID A12000945
Price $2,390,000
Property Size 3099 Sq Ft
Year Built 1976
Type Duplex
Property Status Residential Income

Additional details

BuildingAreaTotal 3099
CLIP 4711959317
ConstructionMaterials Block
ContractStatusChangeDate 2026-04-14
Cooling Central Air
CumulativeDaysOnMarket 97
CurrentPrice 2390000
DaysOnMarket 97
DaysOnMarketReplication 97
DaysOnMarketReplicationDate 2026-07-20
DaysOnMarketReplicationIncreasingYN 1
Directions Take FL-713 N and US 1 S/U.S. Rte 1 N to Coral Ave in Vero Beach.
DocumentsAvailable Other
DocumentsCount 0
ElementarySchool Beachland
Flooring Tile
GrossIncome 11300
Heating Central, Electric, Separate Meters
HighSchool Vero Beach
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 305-282-8255
ListAgentEmail businessloanjenny@gmail.com
ListAgentFirstName Jenny
ListAgentFullName Jenny D Palacios
ListAgentKey 26764788
ListAgentKeyNumeric 26764788
ListAgentLastName Palacios
ListAgentMiddleName D
ListAgentMlsId SEF3468360
ListAgentNationalAssociationId 279640464
ListAgentOfficePhone 305-595-8166
ListAgentPreferredPhone 305-282-8255
ListAgentStateLicense 3468360
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail victorulloa@keyes.com
ListOfficeKey 5903823
ListOfficeKeyNumeric 5903823
ListOfficeMlsId SEFKEYE09
ListOfficeName The Keyes Company
ListOfficePhone 305-595-8166
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-04-14
ListingKey 1157577309
ListingKeyNumeric 1157577309
ListingTerms Conventional, Owner Will Carry
MLSAreaMajor 6311 - Beach City (IR)
MajorChangeTimestamp July 8, 2026 at 09:22am
MajorChangeType Price Change
MapCoordinateSource Imported
MiddleOrJuniorSchool Gifford
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 20, 2026 at 03:31pm
NumberOfUnitsInCommunity 2
NumberOfUnitsTotal 2
OnMarketDate 2026-04-14
OnMarketTimestamp 2026-04-14T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-20T11:29:20.887-00:00
OriginalEntryTimestamp April 14, 2026 at 04:32pm
OriginalListPrice 2997900
OriginatingSystemID M00000151
OriginatingSystemKey 570580827
OriginatingSystemListAgentMemberKey 1200114
OriginatingSystemListOfficeKey 1262410
OriginatingSystemModificationTimestamp 2026-07-20T11:29:20.887-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 334005000120070000070
ParkingTotal 6
Permission IDX
PhotosChangeTimestamp July 20, 2026 at 03:31pm
PhotosCount 82
Possession Negotiable
PostalCity Vero Beach
PostalCode 32963
PostalCodePlus4 2341
PreviousListPrice 2997900
PriceChangeTimestamp July 8, 2026 at 09:22am
PropertyCondition Resale
PropertySubTypeAdditional Duplex
Roof Aluminum
Sewer Septic Tank
SourceSystemID TRESTLE
SourceSystemKey 1157577309
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp April 14, 2026 at 12:00am
StoriesTotal 1
StreetName Coral
StreetNumber 1505
StreetNumberNumeric 1505
StreetSuffix Avenue
StructureType Duplex
SubdivisionName THE OCEAN CORPORATION SUB
TaxAnnualAmount 17163
TaxLegalDescription OCEAN CORPORATION SUB BLK 7 LOT 7 PBI 3-9
TaxYear 2025
UniversalPropertyId US-12061-N-334005000120070000070-R-N
Utilities Cable Available
VideosChangeTimestamp 2026-07-20T15:31:43.070-00:00
VideosCount 0
Zoning R-1A