Multifamily Investment Opportunity Now Available in the Heart of Vero Beach. Two Buildings constructed on one .29 acre parcel zoned multifamily 2-9 units. The Front building is being operated as a triplex. The back building is a duplex. Gross Operating Income ~ $44,400. Owner Pays Taxes, Insurance, Maintenance and Utilities. Net Operating Income ~ $32,000. Long Term Tenants (rents are below market ~20%) Financials are available for review along with Sellers Disclosure. Do Not Disturb Tenants.(information deemed reliable and not warranted)

Carport Spaces 0.00 Construction FrameMixedWoodside Exterior Features None Lot Description 1/4 To 1/2 AcrePaved RoadWest Of Us-1 Lot Dimensions 65.0 Ft X 210.0 Ft Private Pool YN No Roof Comp Shingle Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Water Frontage 0 Waterfront Description None Waterfront YN No

Cooling Ceiling FanWall-Win A/C Flooring Laminate Heating Window/Wall Unit1 Bedrooms 1 Unit1 Desc A/C Unit Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 850 Unit2 Bedrooms 2 Unit2 Desc A/C Unit Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 1170 Unit3 Desc A/C Unit Unit3 Info Efficiency Unit3 Sq Ft 418 Unit4 Desc A/C Unit Unit4 Info Efficiency Unit4 Sq Ft 418

Annual Net Operating Income 32000.00 Annual Total Expenses 12400.00 Application Fee 0.00 Auction No Available Info AccountingLeases Built Desc Resale Development Name Malaluka Gardens & Vicinity Gated Community No Gross Operating Income 44400.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions Other Sellers Package Incomplete Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Special Info Sold As-Is Sq Ft Total 2586.00 Subdivision Amenities None Tax Amount 2442.73 Tax Year 2021 Taxes County OnlyNo Homestead Tenant Pays None Terms Considered CashConventionalExchangeOwner Unit1 Monthly Income 750.00 Unit2 Monthly Income 1100.00 Unit3 Monthly Income 750.00 Unit4 Monthly Income 700.00 Utilities ElectricPublic WaterSeptic Zoning Mf(2-9 U)

1150 Old Dixie Highway

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1150 Old Dixie Highway Vero Beach, FL 32960

Property Description

Carport Spaces	0.00
Construction	Frame Mixed Woodside
Exterior Features	None
Lot Description	1/4 To 1/2 Acre Paved Road West Of Us-1
Lot Dimensions	65.0 Ft X 210.0 Ft
Private Pool YN	No
Roof	Comp Shingle
Unit1 Parking	Open Parking
Unit2 Parking	Open Parking
Unit3 Parking	Open Parking
Unit4 Parking	Open Parking
Water Frontage	0
Waterfront Description	None
Waterfront YN	No

Cooling	Ceiling Fan Wall-Win A/C
Flooring	Laminate
Heating	Window/Wall
Unit1 Bedrooms	1
Unit1 Desc	A/C Unit
Unit1 Full Baths	1
Unit1 Furnished	No
Unit1 Sq Ft	850
Unit2 Bedrooms	2
Unit2 Desc	A/C Unit
Unit2 Full Baths	1
Unit2 Furnished	No
Unit2 Sq Ft	1170
Unit3 Desc	A/C Unit
Unit3 Info	Efficiency
Unit3 Sq Ft	418
Unit4 Desc	A/C Unit
Unit4 Info	Efficiency
Unit4 Sq Ft	418

Annual Net Operating Income	32000.00
Annual Total Expenses	12400.00
Application Fee	0.00
Auction	No
Available Info	Accounting Leases
Built Desc	Resale
Development Name	Malaluka Gardens & Vicinity
Gated Community	No
Gross Operating Income	44400.00
Hoa Fee Per Month	0.00
Homeowners Association	None
HOPA	No Hopa
List Office Board Code	Realtor Association Of The Palm Beaches (Rapb)
Multifamily Type	Quad Plex
Possession	At Closing
REO	No
Restrictions	Other
Sellers Package	Incomplete
Separate Electric Meters	No
Separate Water Meters	No
Short Sale	No
Short Sale Addendum	No
Short Sale AU	N/A
Source Of Expenses	Owner
Special Assessment	No
Special Info	Sold As-Is
Sq Ft Total	2586.00
Subdivision Amenities	None
Tax Amount	2442.73
Tax Year	2021
Taxes	County Only No Homestead
Tenant Pays	None
Terms Considered	Cash Conventional Exchange Owner
Unit1 Monthly Income	750.00
Unit2 Monthly Income	1100.00
Unit3 Monthly Income	750.00
Unit4 Monthly Income	700.00
Utilities	Electric Public Water Septic
Zoning	Mf(2-9 U)