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2441 Granada Avenue, Vero Beach, FL 32960 (MLS# R11091463)

2441 Granada Avenue, Vero Beach, FL 32960

$500,000

Virtual Tour

https://www.propertypanorama.com/2441-Granada-Avenue-Vero-Beach-FL-32960/unbranded

Property Type: Residential Income Square Footage: 1,828 Status: Closed

Current Price: $500,000 List Date: 5/17/2025 Last Modified: 5/19/2026

Overview

Description

Don't miss this rare opportunity to own a fully functional and income-generating triplex in the heart of Vero Beach, just half a mile from downtown and only two miles from the beach. Whether you're an investor seeking strong returns or an owner-occupant looking to house hack, this property offers flexibility, comfort, and excellent income potential. The property features three units with private entrances and separate electric meters. Unit 1 is a 310 sq ft studio with a long-term month-to-month tenant currently paying $895 per month. Unit 2 is another 310 sq ft studio operating as a successful Airbnb with stylish finishes, averaging approximately $1,650 per month in short-term rental income, and is being offered fully furnished. Unit 3 is a spacious 2-bedroom, 1-bathroom unit currently

Supplements: owner-occupied, with rental potential estimated between $2,200 and $2,500 per month. This unit has been updated with modern finishes in 2024 and also comes fully furnished, making it truly move-in ready. The property has been thoughtfully designed to provide comfort and privacy for all residents. The 2-bedroom unit includes its own fenced patio and ... (Read more)

Listing Details MLS# R11091463

General Property Information

Property Sub Type: Triplex
Building Area Main: 1828
Building Area Source: Public Records
Living Area Main: 1828
Year Built: 1951
Gated Community YN: No
Lot Size Area: 8712
Lot Size Acres: 0.2
Lot Size Dimensions: 58.0 ft x 149.0 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: Accounting Statements; Appraisal Electric: Three Phase Exterior Features: Outdoor Shower Fencing: Fenced Flooring: Concrete; Tile; Vinyl; Wood Property Condition: Resale Structure Type: Triplex Tenant Pays: None Source Of Expenses: Owner Provided Construction Materials: Block Cooling: Central Air; Wall/Window Unit(s) Heating: Central Individual; Radiant; Window/Wall Listing Terms: Assumable; Cash; Conventional; FHA; USDA Loan Lot Features: Room for Pool Other Structures: Shed(s) Possession: Negotiable; Subject To Tenant Rights Restrictions: No Restrictions Roof: Composition Storm Protection Details: None Tax Information: No Homestead Utilities: Water Available Water Access: None Water Source: Public Showing Requirements: Appointment Only Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Microwave; Range; Refrigerator Unit 2 Interior Features: Built-in Shelves Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen; Laundry Room Unit 3 Appliances: Dishwasher; Microwave; Range; Refrigerator Unit 3 Interior Features: Built-in Shelves; Pantry Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 3 Rooms: Family Room; Kitchen; Laundry Room Contingencies: Appraisal; Financing; Inspection Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 510000

Location and Legal

Country: United States
County Or Parish: Indian River
County Parish Name: Indian River
Street Number: 2441
Street Name: Granada
Street Suffix: Avenue
City Name: Vero Beach
State Or Province: FL
Postal Code: 32960
Postal Zip: 32960
Subdivision Name: ROYAL PARK
Area: 6321 - City of Vero Beach (IR)
Geographic Area: INRV - Indian River
Parcel Number: 333901000050050000030
Zoning: RM-10/
Directions: West on Royal Palm Rd., Turn right on Granada Ave, Home is third building on the right hand side.

Financial Information

Tax Annual Amount: 5740.35
Tax Year: 2024
Tax Legal Description: ROYAL PARK SUB BLK 5 LOT 3 PBS 4-88

Status Change Information

Major Change Timestamp: 2025-07-15T18:49:20Z
Major Change Type: Status Change
Status Change Date: 2025-07-15
Under Contract Date: 2025-05-26
Close Date: 2025-07-11
Close Price: 500000
Buyer Financing: Assumed

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 15440
Gross Income: 29940
Net Operating Income: 14000

Showing Details

Pet(s) on Premises: Yes

Unit 1 Details

Actual Rent: 895
Baths Full: Yes
Furnished: Unfurnished
SqFt: 310

Unit 2 Details

Actual Rent: 1650
Baths Full: Yes
Furnished: Furnished
SqFt: 310

Unit 3 Details

Actual Rent: 2545
Baths Full: Yes
Furnished: Furnished
SqFt: 1208

Price Calculations

Current Price To SqFt: 273.52
Original List Price To Close Price: 1.02

Originating Details

Originating System Key: 20250513172359783302000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Electric

Three Phase: Yes

Exterior Features

Outdoor Shower: Yes

Flooring

Concrete: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Property Condition

Resale: Yes

Documents Available

Accounting Statements: Yes
Appraisal: Yes

Fencing

Fenced: Yes

Structure Type

Triplex: Yes

Tenant Pays

None: Yes

Other Structures

Shed(s): Yes

Possession

Negotiable: Yes
Subject To Tenant Rights: Yes

Utilities

Water Available: Yes

Heating

Central Individual: Yes
Radiant: Yes
Window/Wall: Yes

Water Access

None: Yes

Construction Materials

Block: Yes

Listing Terms

Assumable: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
USDA Loan: Yes

Lot Features

Room for Pool: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Air: Yes
Electric: Yes
Wall/Window Unit(s): Yes

Showing Requirements

Appointment Only: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

None: Yes

Tax Information

No Homestead: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Open: Yes

Contingencies

Appraisal: Yes
Financing: Yes
Inspection: Yes

Unit 1 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Patio/Porch

Patio/Porch: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Interior Features

Built-in Shelves: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 3 Appliances

Dishwasher: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Interior Features

Built-in Shelves: Yes
Pantry: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Open Parking: Yes

Unit 3 Patio/Porch

Patio/Porch: Yes

Unit 3 Rooms

Family Room: Yes
Kitchen: Yes
Laundry Room: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Ranch Realty

Last Updated: May - 19 - 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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2441 Granada Avenue, Vero Beach, FL 32960 (MLS# R11091463)