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About This Home

This 7-bedroom, 4-bathroom multi-family at 1505 Coral Ave in Vero Beach, FL is listed for $2,997,900 ($967 per sqft). Built in 1976, the home offers 3,099 sqft of living space on a N/A lot.

Agent Description

////OWNER FINANCING////. Excellent investment opportunity 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.

Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a private

enclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes to

Disney’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-term

appreciation, a high rental income, or future development flexibility.

Key Features

  • Built in 1976
  • 6 parking spaces

Property Details

4 full
6 spaces
1976

Monthly Cost Estimate

$16,033/mo

20% down · 6.5% · 30 years

Principal$2,168
Interest$12,991
Insurance$874

Estimates only. Actual payments may vary.

Location

1505 Coral Ave

Vero Beach, FL 32963

The Ocean Corporation Sub

Features & Amenities

Exterior Features

Storm/Security Shutters

Property Details

Flooring

Tile

Construction

Block

Heating

CentralElectric (Heating)

Cooling

Central Air

Questions & Answers

This 7-bedroom, 4-bathroom multi-family at 1505 Coral Ave is listed at $2,997,900 ($967/sqft). The estimated monthly payment is $12,991 based on 20% down at 6.5% interest.

Key features include: Built in 1976, 6 parking spaces. Exterior Features: Storm/Security Shutters.

This property is listed by Jenny Palacios and can be reached at 18004383973 or businessloanjenny@gmail.com.

JP

Jenny Palacios

Agent at The Keyes Company

(800) 438-3973

Listed by The Keyes Company · View on Broker Site

MLS# A12000945· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1505 Coral Ave, Vero Beach, FL 32963

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