$450,000

1150 Old Dixie Hwy Vero Beach, FL 32960

$5,344
Closing credit¹
Condo

Property details

About 1150 Old Dixie Hwy

5 units in 2 separate buildings, priced at less than $100k per unit! 4 of the units are currently occupied by stable tenants on month-to-month leases. Vacant unit being used as "model" unit for selling purposes. Excellent income but property needs exterior repairs. Plumbing and electrical could also be updated. Roofs are 2013, 2024. In desirable location in walking distance to Publix and other stores. Property is also ZONED COMMERCIAL for someone wanting to go that route now or in the future. Owner illness has resulted in upkeep oversight and necessitates sale. Do not disturb tenants.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Year built1910
MLS #282970

Summary

  • MLS Number: 282970
  • MLS Name: IndianRiver
  • Office Name: LOKATION
  • Office Phone: (954) 545-5583
  • Listing Agent: Michael R Staller

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 2:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of home's exterior

$450,000

1150 Old Dixie Hwy

$5,344

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 18, 2014
Home Sold
$130,000
Oct 20, 2014
Home Sold
$105,000

Tax history

YearAssessmentProperty Tax
2023$237,997$3,395
2022$173,323$2,890
2021$154,860$2,890
2020$133,634$2,442
2018$120,045$2,290
2017$117,655$2,255

History based on county public records data.

Nearby schools

6

Vero Beach Elementary School

Public District PK-5

0.7 mi

1770 12th St

6

Citrus Elementary School

Public District PK-5

1.7 mi

2771 4th Pl

9

Rosewood Magnet School

Public Magnet KG-5

2.0 mi

3850 16th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,391. Most Vero Beach, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

35%
<35k
44%
35k-100k
20%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
12%
Single, with Kids
31%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • ChipotleChipotle
  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle

What do the neighbors drive?

  • MazdaMazda
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1150 Old Dixie Hwy

This home is located at 1150 Old Dixie Hwy in Vero Beach, FL and zip code 32960. Features: 0 bathroom. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $450,000.

Over 10 listings were sold over their listed price in February 2025 in Vero Beach, FL. In the same period over 184 listings were sold below the listed price and 56 listings were sold for the listed price. Between January and February 2025, Vero Beach, FL real estate market has seen increase in the number of listings by 13.4%. While the average time on the market in February 2025 was 104 days, the median list price was $417,393.

From Rocket Homes Real Estate and based on county public records data.

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