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For sale
  • Price cut: $300K (7/8)
    $2,390,000

    1505 Coral Ave, Vero Beach, FL 32963

    7beds
    4baths
    3,099sqft
    : 
    $15,775/mo
    Get pre-qualified
    Duplex
    Built in 1976
    -- sqft lot
    $2,128,900 Zestimate®
    $771/sqft
    $-- HOA

    What's special

    Private enclosed patioValuable corner lot
    ///Seller Financing/// Prime opportunity with a motivated seller! Excellent investment in the prestigious city of Vero Beach. Concrete block duplex on a valuable corner lot zoned Multi-Family (2–9 units) with 3,299 A/C SF and steps from the beach. Aluminum roof for added durability and low maintenance. Each unit features its own private patio, offering added outdoor living space and privacy. Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a private enclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes to Disney’s Vero Beach Resort, Costa d’Este Beach Resort, and Orchid Island Golf & Beach Club. Conveniently located 2 hours from Miami, 1 hour from West Palm Beach, and Orlando. Ideal for investors seeking long-term appreciation, a high rental income, or future development flexibility.
    115 days
    |
    393
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenny Palacios 305-282-8255,

    The Keyes Company

    Source: MIAMI,MLS#: A12000945MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Features
      • Flooring: Tile
      • Windows: Complete Accordian Shutters
      Interior area
      • Total structure area: 3,099
      • Total interior livable area: 3,099 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      Features
      • Stories: 1
      Lot
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 33400500012007000007.0
      • Zoning: R-1A

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • CBS Construction
      • Roof: Aluminum
      Condition
      • Year built: 1976

      Utilities & green energy

      • Sewer: Septic Tank

      Community & HOA

      Community
      • Subdivision: The Ocean Corporation Sub
      HOA
      • Has HOA: No
      Location
      • Region: Vero Beach

      Financial & listing details

      • Price per square foot: $771/sqft
      • Tax assessed value: $1,218,396
      • Annual tax amount: $17,163
      • Date on market: 4/14/2026
      • Listing terms: Conventional,Owner Will Carry

        Estimated market value

        $2,128,900

        $2.02M - $2.24M

        $5,433/mo

        Price history

        DateEventPrice
        7/8/2026Price change$2,390,000-11.2%$771/sqft
        Source: MIAMI #A12000945 Report a problem
        6/30/2026Price change$2,690,000-10.3%$868/sqft
        Source: MIAMI #A12000945 Report a problem
        4/14/2026Listed for sale$2,997,900+0%$967/sqft
        Source: MIAMI #A12000945 Report a problem
        4/14/2026Listing removed$2,997,000$967/sqft
        Source: MIAMI #A11945590 Report a problem
        2/26/2026Price change$2,997,000-12.5%$967/sqft
        Source: MIAMI #A11945590 Report a problem
        1/14/2026Listed for sale$3,425,000+1%$1,105/sqft
        Source: MIAMI #A11945590 Report a problem
        12/19/2025Listing removed$3,390,000$1,094/sqft
        Source: MIAMI #A11914560 Report a problem
        11/14/2025Listed for sale$3,390,000$1,094/sqft
        Source: MIAMI #A11914560 Report a problem
        11/14/2025Listing removed$3,390,000$1,094/sqft
        Source: MIAMI #A11867047 Report a problem
        9/11/2025Listed for sale$3,390,000+182.5%$1,094/sqft
        Source: MIAMI #A11867047 Report a problem
        4/27/2022Sold$1,200,000+126.6%$387/sqft
        Source: Public Record Report a problem
        6/26/2020Listing removed$2,500$1/sqft
        Source: Suncoast Realty & Rental Mgmt #233046 Report a problem
        6/20/2020Listed for rent$2,500$1/sqft
        Source: Suncoast Realty & Rental Mgmt #233046 Report a problem
        5/29/2020Sold$529,500-10.1%$171/sqft
        Source: Realtor Association of Indian River County #231949 Report a problem
        4/26/2020Listed for sale$589,000+248.5%$190/sqft
        Source: Vero Beach #231949 Report a problem
        9/18/1997Sold$169,000$55/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$19,327 +12.6%$1,177,975 +10%
        2024$17,163 +1.7%$1,070,886 0%
        2023$16,877 +95.5%$1,070,960 +84.2%
        2022$8,632 +13.3%$581,458 +24.6%
        2021$7,616 +176.4%$466,627 +48.7%
        2020$2,755 $313,858 +9.8%
        2019$2,755 +9.3%$285,809 +1.8%
        2018$2,521 +11.6%$280,852 +4.8%
        2017$2,259 $267,995 +12.1%
        2016$2,259 -1.1%$239,010 +7.2%
        2015$2,284 +12.7%$222,950 +7.9%
        2014$2,027 $206,700 +3.1%
        2013-- $200,490
        2012$1,816 -18.3%$200,490 -10.6%
        2011$2,224 -5.4%$224,240 -6.6%
        2010$2,350 -8.7%$240,090 -14.1%
        2009$2,575 -26.2%$279,610 -25.4%
        2008$3,489 -16.3%$374,840 -26%
        2007$4,169 $506,720 -2.6%
        2006-- $520,260 +74%
        2005-- $298,940
        2004-- $298,940 +30.3%
        2003-- $229,410 +5.8%
        2002$4,248 +31.9%$216,770 +34.7%
        2001$3,221 +13.1%$160,970 +17.6%
        2000$2,849 $136,840
        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32963

        Getting around

        16 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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