tomo logo

$450,000

Beds
Unknown
sq ft
Unknown

1150 Old Dixie Hwy, Vero Beach, FL 32960

1150 Old Dixie Hwy

Vero Beach, FL 32960

  • 136 days on market
    • Price drop $25,000↓
5 units in 2 separate buildings, priced at less than $100k per unit! All units are currently occupied by stable tenants on month-to-month leases. Excellent income but property needs exterior repairs, although interiors are in better condition. Plumbing and electrical could also be updated. Roofs are 2013, 2024. In desirable location in walking distance to Publix and other stores. Property is also ZONED COMMERCIAL for someone wanting to go that route now or in the future. Owner illness has resulted in upkeep oversight and necessitates sale. Advance notice needed for showing inside units.

Details

Property type

Apartment

Est. home value

$403,023

Lot size

Unknown

Price per sq ft

Unknown

Year built

1910

Annual property taxes

$3,395

Price History

03/03/2025
IndianRiver

IndianRiver #282970

Price change
$450,000
-5.26%
03/03/2025
IndianRiver

IndianRiver #282970

Listed
$475,000
02/14/2025
IndianRiver

IndianRiver #282970

Pending
$475,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rita M Chanfrau

Loan start date

November 2014

Original loan amount

$97,500

Est. remaining balance

Not provided

Interest rate

4.23%

Loan type

Commercial, 3 year

Seller

Bluestar Financial Services Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 2:10 PM

Listing updated: 03/31/2025 at 2:50 PM

Listed by: Michael R Staller, LOKATION Phone #: (954) 545-5583

MLS: IndianRiver #282970

IndianRiver logo

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