Don't miss this rare opportunity to own a fully functional and income-generating triplex in the heart of Vero Beach, just half a mile from downtown and only two miles from the beach. Whether you're an investor seeking strong returns or an owner-occupant looking to house hack, this property offers flexibility, comfort, and excellent income potential.
The property features three units with private entrances and separate electric meters. Unit 1 is a 310 sq ft studio with a long-term month-to-month tenant currently paying $895 per month. Unit 2 is another 310 sq ft studio operating as a successful Airbnb with stylish finishes, averaging approximately $1,650 per month in short-term rental income, and is being offered fully furnished. Unit 3 is a spacious 2-bedroom, 1-bathroom unit currently owner-occupied, with rental potential estimated between $2,200 and $2,500 per month. This unit has been updated with modern finishes in 2024 and also comes fully furnished, making it truly move-in ready.
The property has been thoughtfully designed to provide comfort and privacy for all residents. The 2-bedroom unit includes its own fenced patio and private yard, while the studio units share a fenced outdoor common space. Laundry is available individually for the 2-bedroom unit with a separate laundry with shared exterior access for the studios. The lot is shaded with mature trees, enhancing the serene setting, and there's even a full RV 20-amp hookup on site for added versatility. Best of all, there's NO HOA, offering complete freedom and flexibility for the new owner. For qualified buyers, an assumable mortgage may be available, making this an even more attractive opportunity. This is the perfect blend of location, lifestyle, and investment potential.