For sale

$11,950,000

401 18th St, Vero Beach, FL 32960

64beds

0baths

--sqft

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Multi Family

Built in 2022

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Granite countertopsMetal roofsHigh-end finishesMarble floors

Rarely offered premier income asset. 27 units constructed between 2022-2025. Low maintenance concrete block with metal roofs. Location off 17th Street South Causeway to Vero's widest beach and park. Steps to US-1 and shopping. Fully leased, high-end finishes including marble floors and granite countertops. NDA required prior to releasing detailed financials.

61 days

223

10

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 64
Bathrooms: 0

Heating

Central, Electric, Heat Pump

Cooling

Central Air, Electric, Reverse Cycle

Appliances

Laundry: None

Features

Flooring: Marble
Windows: Blinds
Has fireplace: No

Interior area

Living area range: OVER 9000 Square Feet

Property

Parking

Total spaces: 20
Parking features: Garage, Garage Door Opener
Garage spaces: 1

Features

Levels: One
Stories: 1
Exterior features: None
Pool features: None
Waterfront features: None

Lot

Size: 3.1 Acres
Dimensions: 13503
Features: 3-5 Acres

Details

Parcel number: 33390100027002000001.0
Zoning: ,
Zoning description: Multiple

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block, Concrete, Stucco
Roof: Metal

Condition

Year built: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: None
Security: Fire Sprinkler System
Subdivision: Other

HOA

HOA name: NA

Location

Region: Vero Beach

Financial & listing details

Tax assessed value: $2,896,094
Annual tax amount: $51,108
Date on market: 5/1/2026
Listing terms: Cash,New Loan
Tenant pays: Cable TV, Electricity, Sewer, Water
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/8/2026	Listed for sale	$11,950,000+1525.9%
Source: Realtor Association of Indian River County #297147 Report a problem
3/5/2018	Sold	$735,000+245.9%
Source: Public Record Report a problem
8/6/1998	Sold	$212,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$51,108 +26.9%	$2,896,094 +25.1%
2024	$40,284 +4.2%	$2,315,463 -0.5%
2023	$38,669 +60.7%	$2,327,919 +60.4%
2022	$24,061 -1.3%	$1,451,602 -0.4%
2021	$24,378 +268.5%	$1,457,759 +217.5%
2020	$6,616	$459,122 +33.3%
2019	$6,616 +16%	$344,342
2018	$5,704 -3.4%	$344,342
2017	$5,902	$344,342 +0%
2016	$5,902 -1.1%	$344,340
2015	$5,964 -3.1%	$344,340 +6.2%
2014	$6,155	$324,090 +5.3%
2013	--	$307,880
2012	$5,266 +0.1%	$307,880
2011	$5,262 -33.2%	$307,880 -33.3%
2010	$7,876 -47.9%	$461,820 -50%
2009	$15,114 +4.8%	$923,650 -25%
2008	$14,415 -27.5%	$1,231,530 -1.3%
2007	$19,882	$1,247,730 -9.4%
2006	--	$1,377,370 +242.9%
2005	--	$401,730 -39.6%
2004	--	$665,200 +236.6%
2003	--	$197,630

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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