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$369,000

Beds
3
Baths
2.0
sq ft
2,004

1735 18th St, Vero Beach, FL 32960

1735 18th St

Vero Beach, FL 32960

  • <1 day on market
Check out this new property in the Vero Beach Art Village! This 2004 SQFT home comes with 3 bedrooms, 2 bathrooms, a den with a closet, and an office, offering lots of space for creativity. It features a big kitchen with a double oven, brand new microwave and new dishwasher. Large screened in front patio for enjoying morning coffee and the sunrise. There's also a large yard with a private, fenced garden, and it's zoned for multifamily use. New roof 2020, AC was replaced in 2016. The new CAV-3 Zoning allows for mixed residential and art-related commercial use. Artists can live, work, and sell their art from home, supported by local cafes, bed and breakfast, and other small businesses focused on the arts. This unique, historic home has lots of character, front porch-hardwood floors.

Details

Property type

Single Family Residence

Est. home value

$437,301

Lot size

6,985 sq ft

Price per sq ft

$185

Year built

1946

Annual property taxes

$3,939

Price History

03/06/2025
SEF

SEF #A11758154

Listed
$369,000
+15.13%
05/17/2022
IndianRiver

IndianRiver #252278

Sold
$320,500
+98.45%
09/10/2018
Beaches

Beaches #R10437567

Sold
$161,500

Schools & Community

Elementary school: 

Vero Beach

Middle school: 

Vero Beach Junior High School

High school: 

Vero Beach

Negotiation Insights

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

Seller could get up to

$85,031
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$254,449
Cash to seller
$85,031

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Mutual Funding Corp

Loan start date

May 2022

Original loan amount

$266,400

Est. remaining balance

$254,449

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Gilbert Velasquez Jr and Ofelia Sanchez Velasquez

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: 03/12/2025 at 7:10 AM

Listing updated: 03/11/2025 at 9:45 PM

Listed by: Nancy Velasquez, Supreme Home & Estate Realty Phone #: (305) 781-2423

MLS: SEF #A11758154

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