$545,000

4437 31st Ave Unit 1 Vero Beach, FL 32967

$6,472
Closing credit¹
2,600 sqft
$210 / sqft
Multi-Family

Property details

About 4437 31st Ave Unit 1

Prime Investment Opportunity: Quadplex w/ Impressive Cash Flow Near the Beach! This exceptional investment property sits tucked away in privacy + consists of 2 building each w/ 2 fully remodeled top-to-bottom 2/1 units. 4 fully occupied units - all new finishes in 2022: new roofs, 4 A/Cs, water heaters, appliances + tile. W/D hookup in each unit; separate electric meters. Centrally located close to medical facilities, shopping + dining. Reliable, steady income; ideal addition for any real estate portfolio offering long-term stability + immediate returns yielding a 9.7% cap rate.

Highlights

Home typeQuadruplex
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Electric
Size2,600 sqft
Year built1964
MLS #RX-11049467

Virtual tour

Summary

  • MLS Number: RX-11049467
  • Office Name: Billero & Billero Properties
  • Office Phone: (772) 231-0001
  • Listing Agent: Hollie M Billero Buldo
  • Agent Phone: (772) 633-3203

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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drone / aerial view

$545,000

4437 31st Ave Unit 1

$6,472

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

3

St. Peter's Academy

Public Charter KG-6

0.5 mi

4250 38th Ave

2

Dodgertown Elementary School

Public District PK-5

0.7 mi

4350 43rd Ave

4

North County Charter School

Public Charter KG-5

2.8 mi

6640 Old Dixie Hwy

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 $22,792. The most common annual income of people living in Vero Beach, FL is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

70%
<35k
29%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

56%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • KmartKmart
  • Wal-MartWal-Mart
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • SonicSonic
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • ChevroletChevrolet

What do the neighbors listen to?

  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

This home is located at 4437 31st Ave Unit 1 in Vero Beach, FL and zip code 32967. This 2,600 square foot home was built in 1964. Features: 0 bathroom. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $545,000.

While more than 25 listings in Vero Beach, FL in March 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 200 were sold below. The number of homes for sale in Vero Beach, FL increased by 8.5% between February and March 2025. While the average time on the market in March 2025 was 103 days, the median list price was $412,737.

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

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