960 6th Street

Vero Beach, FL 32962

$665,000
Last Sold Price
8
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Two duplexes sold together as a fantastic 4 unit investment opportunity. Each unit is a 2 bedroom, 2 bath with separate outdoor spaces and 2 dedicated parking spaces per unit. Current cap rate of 6.4% with an easily achievable 7.8%. Great location and long term rental history - Current rates: Unit 960 - $1,100 month-to-month, Unit 962 - $1,450 lease through Sept 2025, Unit 964 - $1,200 through Mar 2025, Unit 966 - $1,450 through Aug 25. Recent updates include a 2024 A/C in Unit 964, 2024 drain field,...Two duplexes sold together as a fantastic 4 unit investment opportunity. Each unit is a 2 bedroom, 2 bath with separate outdoor spaces and 2 dedicated parking spaces per unit. Current cap rate of 6.4% with an easily achievable 7.8%. Great location and long term rental history - Current rates: Unit 960 - $1,100 month-to-month, Unit 962 - $1,450 lease through Sept 2025, Unit 964 - $1,200 through Mar 2025, Unit 966 - $1,450 through Aug 25. Recent updates include a 2024 A/C in Unit 964, 2024 drain field, tile floors throughout. Photos are of one unit and differ slightly from one unit to the other.
  1. Listed by Ashleigh C Lovell • Dale Sorensen Real Estate Inc. • 772-538-1098
  2. Listed by Heather A Pauley • Keller Williams Realty of VB

Property Details for 960 6th Street

Subdivision Name
Colonial Heights
Waterfront
No
Waterfront Features
None
Furnished
Unfurnished
LISTING UPDATED: 01/10/2025 01:18 PM

Property Details for 960 6th Street

StatusClosed
MLS #283348
Days on Market19
Taxes$7,108 / year
HOA Fees-
Condo/Co-op Fees$1,000 semi-monthly
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1988
Lot Size0.54 AC / 23,522 SF
CountyIndian River County

Building Information for 960 6th Street

Stories1Residences-Year Built1988Building Size-Lot Size0.54 AC / 23,522 SF

Property Information for 960 6th Street

Summary
Location and General Information
  • Community Features: None
  • Directions: From US1 go West on 8th Street to Old Dixie. Turn right on 6th Place go straight to Duplexes.
  • Postal City: Vero Beach
  • Zoning: ,
  • Zoning Description: Residential
Parking
  • Parking Features: OffStreet
  • Parking Total: 8
Taxes and HOA Information
  • Association Name: SRS Property Partners LLC
  • Tax Annual Amount: $7,108.00
  • Tax Assessed Value: 470165
  • Tax Legal Description: COLONIAL HEIGHTS SUB LOT 24 PBI 10-97
  • Tax Lot: 24
  • Tax Year: 2024
Property
Lot Information
  • Lot Features: HalfToOneAcreLot
  • Lot Size Acres: 0.54
  • Lot Size Area: 0.54
  • Lot Size Dimensions: 83x166
  • Lot Size Range: 1/2 to 1 Acre
  • Lot Size Units: Acres
  • Parcel Number: 33391300013000000024.0
  • Possible Use: Residential
Property and Assessments
  • Construction Materials: Frame, Stucco
  • Development Name: COLONIAL HEIGHTS
  • Human Modified: Yes
  • Number Of Separate Electric Meters: 4
  • Property Sub Type: Quadruplex
  • Security Features: SmokeDetectors
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1988
  • Property Type: ResidentialIncome
Utilities
  • Cooling: CentralAir
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: SepticTank
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Pool Features: None
  • Roof: Metal
  • Window Features: SingleHung
Interior Features
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Tile
  • Interior Features: Pantry
  • Laundry Features: InUnit
  • Levels: One
MultiFamily
Unit 1
  • Unit Type 1: TwoBedroom
  • Unit Type Beds Total 1: 2.0
Unit 2
  • Unit Type 2: TwoBedroom
  • Unit Type Beds Total 2: 2.0
Unit 3
  • Unit Type 3: TwoBedroom
  • Unit Type Beds Total 3: 2.0
Unit 4
  • Unit Type 4: TwoBedroom
  • Unit Type Description 4: 10 Units or Less,2bedrm Unit(S),Bath In Each Unit
  • Unit Type Beds Total 4: 2.0
Rental Information
Rent Information
  • Tenant Pays: AirConditioning, CableTv, Electricity, Water

Property History for 960 6th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 960 6th Street

Taxable ValueLand$59,981Additions$410,184Total$470,165
Tax Record2024$7,108 ($592 / month)
Home Facts
Total Finished SqFt3,344 SqFtAbove Grade Finished SqFt3,344 SqFtStories1Lot Size23,522 SqFtStyleMulti-Family Res (5+ Units)Year Built1988ZoningRM-6CountyINDIAN RIVERAPN33-39-13-00013-0000-00024.0

Schools near 960 6th Street

This home is within Indian River.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Citrus Elementary School
PublicK to 5

Gifford Middle School
Public6 to 8

Vero Beach High School
Public9 to 12

IR Prep for Indian River
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dale Sorensen Real Estate Inc.; Keller Williams Realty of VB

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.