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2570 42nd Street 1-3, Vero Beach, FL 32967 (MLS# R10972815)

2570 42nd Street 1-3, Vero Beach, FL 32967

$260,000
Property Type: Residential Income Square Footage: 2,500 Status: Closed
Current Price: $260,000 List Date: 3/28/2024 Last Modified: 5/23/2026

Overview

Description

Triplex rarely vacant, mostly updated. 2021 roof. 7% Cap rate with room to grow. All 3 properties 13260.00 per month. 11 unit portfolio available.

Listing Details MLS# R10972815

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
2500
Building Area Source
Owner
Living Area Main
2100
Year Built
1966
Gated Community YN
No
Senior Community YN
No
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Accounting Statements; Copy Of Lease(s) Electric: Three Phase Exterior Features: None Flooring: Ceramic Tile; Vinyl Property Condition: Resale Structure Type: Triplex Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Accountant Provided; Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional; Owner Will Carry; Trade Possession: Negotiable Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Storm Protection Details: None Tax Information: County Only Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Contingencies: None Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
395000

Location and Legal

Country
United States
County Or Parish
Indian River
County Parish Name
Indian River
Street Number
2570
Street Name
42nd
Street Suffix
Street
Unit Number
1-3
City Name
Vero Beach
State Or Province
FL
Postal Code
32967
Postal Zip
32967
Subdivision Name
n/a
Area
6331 - County Central (IR)
Geographic Area
INRV - Indian River
Special Assessment YN
No
Parcel Number
323926000003000000290
Zoning
RM-10/RM-10
Directions
rigth on 42nd ave east to address

Financial Information

Tax Annual Amount
974.27
Tax Year
2023
Tax Legal Description
SEC 26 TWN 32 RNG 39 BEING MORE FULLY DESC AS FOLL BEG AT A POINT 1090 FT W OF THE SE COR OF THE ANNIE GRAY BATTLE TRAC

Status Change Information

Major Change Timestamp
2024-12-01T06:00:00Z
Major Change Type
Status Change
Status Change Date
2024-09-12
Under Contract Date
2024-07-01
Close Date
2024-09-09
Close Price
260000
Buyer Financing
Cash

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
6300
Gross Income
38520
Net Operating Income
32200

Unit 1 Details

Actual Rent
1175
Baths Full
Yes
Furnished
Unfurnished
SqFt
700

Unit 2 Details

Actual Rent
900
Baths Full
Yes
Furnished
Unfurnished
SqFt
700

Unit 3 Details

Actual Rent
1135
Baths Full
Yes
Furnished
Unfurnished
SqFt
700

Price Calculations

Current Price To SqFt
123.8
Original List Price To Close Price
1.51

Originating Details

Originating System Key
20240328180405376476000000
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
Vinyl
Yes

Property Condition

Resale
Yes

Documents Available

Accounting Statements
Yes
Copy Of Lease(s)
Yes

Structure Type

Triplex
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Sewer
Yes
Water
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Window/Wall
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner Will Carry
Yes
Trade
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Accountant Provided
Yes
Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes

Restrictions

No Restrictions
Yes

Storm Protection Details

None
Yes

Tax Information

County Only
Yes

Contingencies

None
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Other Equipment

Air Conditioning Unit
Yes

Unit 3 Parking Features

Open Parking
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: Nugget Realty
IDX
Last Updated: May - 23 - 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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