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1777 Highland Ave, Vero Beach, FL 32960 (MLS# R10803442)

1777 Highland Ave, Vero Beach, FL 32960

$1,600,000
Property Type: Residential Income Square Footage: 5,594 Status: Closed
Current Price: $1,600,000 List Date: 5/26/2022 Last Modified: 5/17/2026

Overview

Description

2 buildings 1775 & 1777 Highland ave. Mostly updated units with waiting list. Vero Beach,FL! 2 CBS bldgs w/total of 12-1 bd/bath units,kitchen,living rooms.Tenant pays own electric,garbage,cable,phone,internet. Owner pays water&sewer&garbage. (Interior showings to be qualified buyers,drive by showings only.) Do not disturb tenants. No owner financing!Includes 1775 Highland Ave ID:3339 100047027000004.0 2021 gross income 131856.71 Very close to downtown All units are 1 bed 1 bath. Plumbing updated 3 years ago. Interiors mostly updated.

Listing Details MLS# R10803442

General Property Information

Number Of Units Total
12
Property Sub Type
Quadruplex
Building Area Main
5594
Building Area Source
Other
Living Area Main
4296
Year Built
1964
Gated Community YN
No
Senior Community YN
No
Stories
2
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Accounting Statements; Copy Of Lease(s); Deposit - Security; Deposit Held Electric: Three Phase Exterior Features: None Flooring: Ceramic Tile; Terrazzo Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Possession: Negotiable Restrictions: No Restrictions Road Frontage Type: West of US-1 Roof: Composition Sewer: Public Sewer Storm Protection Details: None Tax Information: No Homestead Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Listing Agent Must Accompany; Occupied Occupant Details: Tenant Occupied Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Contingencies: Inspection Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1750000

Location and Legal

County Or Parish
Indian River
County Parish Name
Indian River
Street Number
1777
Street Name
Highland Ave
City Name
Vero Beach
State Or Province
FL
Postal Code
32960
Postal Zip
32960
Subdivision Name
Highland Park Sub
Area
5940 - Other Florida County
Parcel Number
33390100047027000001.0
Zoning
RM-10/12/RM-10
Directions
Old Dixie or 14th Ave. to 17th Place. (Corner of Highland Ave and 17th Pl.)
Multiple Offers Accepted
Yes

Financial Information

Tax Annual Amount
9000
Tax Year
2021
Tax Legal Description
HIGHLAND PARK SUB BLK/BLDG: BLK 27 LOT/UNIT : LOTS 1,2,& 3 PBI/OR BK:

Status Change Information

Major Change Timestamp
2022-08-19T11:44:15Z
Major Change Type
Status Change
Status Change Date
2022-08-19
Under Contract Date
2022-06-05
Close Date
2022-08-17
Close Price
1600000
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
28000
Gross Income
131856.71
Net Operating Income
103856.71

Showing Details

Pet(s) on Premises
Yes

Unit 1 Details

Actual Rent
925
Baths Full
Yes
Furnished
Unfurnished
SqFt
500

Unit 2 Details

Actual Rent
925
Baths Full
Yes
Furnished
Unfurnished
SqFt
500

Unit 3 Details

Actual Rent
925
SqFt
500

Unit 4 Details

Actual Rent
925
SqFt
500

Price Calculations

Current Price To SqFt
372.43
Original List Price To Close Price
1.09

Originating Details

Originating System Key
20220526195627092280000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Electric

Three Phase
Yes

Exterior Features

None
Yes

Flooring

Ceramic Tile
Yes
Terrazzo
Yes

Property Condition

Resale
Yes

Documents Available

Accounting Statements
Yes
Copy Of Lease(s)
Yes
Deposit - Security
Yes
Deposit Held
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Garden
Yes

Heating

Window/Wall
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

West of US-1
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Listing Agent Must Accompany
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Storm Protection Details

None
Yes

Tax Information

No Homestead
Yes

Occupant Details

Tenant Occupied
Yes

Contingencies

Inspection
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Appliances

Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Listing Office: Nugget Realty
IDX
Last Updated: May - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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