1150 Old Dixie Highway, Vero Beach, FL 32960

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Sold Price
$325,000
List Price
$375,000
Closing Date
Nov 10, 2025
MLS#
290976
Status
CLOSED
County
Indian River
City
Vero Beach
Subdivision
Malaluka Gardens
Property Subtype
Apartment

Property Description

Excellent potential exists for the savvy Buyer with this multi-family property. Build sweat equity, repairs are needed! Front House has 3 units, can easily convert to 2 for financing after repairs. Back Duplex has 2 units. All units are occupied by stable tenants on month-to-month leases. Excellent income immediately. Roofs are 2013, 2024. Plumbing and electrical should be updated. This property is CASH ONLY and sold AS-IS. Interior viewing only scheduled after outside visual inspection! Do not disturb tenants. Owner illness necessitates sale. Price reflects the need for extensive repairs!

Additional Information

Days on Market
41
Year Built
1910
Stories
2
Cooling
Central Air, 3+ Units
Heating
Central
Exterior Features
Shed
Roof
Rolled/Hot Mop, Shingle
Pool Description
None
Parking Spaces
6

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Calculator source: Real Geeks

Listing courtesy of LOKATION. Selling Office: NON MLS.