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$2,997,000 -$428,000 (-12.5%) Price Reduced

  • For Sale
  • Active
  • Duplex
  • 3,099 Sq. Ft.
  • Updated 6 days ago
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Exclusive Multifamily Investment in Vero Beach - Seller Financing Available! Discover a prime coastal duplex in the prestigious city of Vero Beach, just steps from the ocean. This concrete block duplex sits on a coveted corner lot, zoned for Multi-Family (2-9 Units), offering high rental income and future development upside. With 3,299 SF under A/C, the property offers flexible layouts: UNIT 1 is a spacious 4 Bed, 2 Bath, while UNIT 2 is thoughtfully divided into two separate 3 Bed, 2 Bath units. Positioned in a high-demand coastal market, just minutes from Disney's Vero Beach Resort, Costa d'Este Beach Resort, and Orchid Island Golf & Beach Club, it's easily accessible-2 hours to Miami, 1 hour to West Palm Beach, and a short drive from Orlando. Ideal for investors seeking stable rental yields, long-term appreciation, or a redevelopment opportunity in one of Florida's most desirable coastal destinations. Don't miss out!

Full Property Details for 1505 Coral Ave

General

  • Price: $2,997,000
  • Taxes: $17,163 (2025)
  • Status: Active
  • Type: Duplex
  • Source: Greater_Miami
  • MLS ID: A11945590
  • Updated: 2/25/2026
  • Added to Site: 49 day(s) ago

Rental Information

  • Rent Includes: Electricity

Interior

  • Flooring: Tile

Parking

  • Total Spaces: 6

Location

  • Area: The Ocean Corporation Sub
  • County: Indian River County
  • Subdivision: THE OCEAN CORPORATION SUB
  • Building Name: THE OCEAN CORPORATION SUB
  • Driving Directions: Take FL-713 N and US 1 S/U.S. Rte 1 N to Coral Ave in Vero Beach.

Community

  • Community Name: The Ocean Corporation Sub
  • Units Assoc/Comm: 2

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank

Structural Information

  • Architectural Style: Detached
  • Structure Type: Duplex
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Aluminum
  • Windows: Complete Accordian Shutters
  • Stories/Levels: 1
  • Building Size: 3099
  • Square Feet: 3,099
  • Living Area: 3,099 Sq. Ft.
  • Year Built: 1976

Unit Information

  • Units in Complex: 2

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: R-1A

Financial Considerations

  • Price Per Sq. Ft.: $967.09
  • Tax Amount: $17,163
  • Tax Year: 2025
  • Terms: Conventional, Owner Will Carry

Disclosures and Reports

  • Documents Avail.: Other Available Information
  • Legal Description: OCEAN CORPORATION SUB BLK 7 LOT 7 PBI 3-9
  • Property ID: 33400500012007000007

Listed by The Keyes Company

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Listing agent

— 1505 Coral Ave —

  • The Keyes Company

305-282-8255

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1505 Coral Ave

School District:Indian River County School District
NameGradesDistance
Beachland Elementary School
3350 Indian River Drive East, Vero Beach, FL 32963
PK-51.9 mi
Gifford Middle School
4530 28th Court, Vero Beach, FL 32967
6-84.9 mi
Vero Beach High School
1707 16th Street, Vero Beach, FL 32960
9-123.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1505 Coral Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/25/2026
Price Reduced
$2,997,000
-12.5%
MLS
1/14/2026
Listed
$3,425,000
185.42%
MLS
4/22/2022
Sold
$1,200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1505 Coral Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,327
13%
$1,218,396
14%
2024
$17,163
2%
$1,070,886
—
2023
$16,877
96%
$1,070,960
84%
2022
$8,632
13%
$581,458
25%
2021
$7,616
—
$466,627
49%
2021
$7,616
202%
$313,858
14%
2019
$2,521
4%
$275,411
6%
2018
$2,417
7%
$260,368
-3%
2017
$2,259
4%
$267,995
12%
2016
$2,168
7%
$239,010
7%
2015
$2,027
25%
$222,950
8%
2014
$1,623
-12%
$206,700
3%
2013
$1,848
—
$200,490
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by The Keyes Company

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1505 Coral Ave, Vero Beach, FL 32963 (MLS# A11945590) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1505 Coral Ave is currently listed for $2,997,000 and was received on January 14, 2026. Want to learn more about 1505 Coral Ave? Do you have questions about finding other Duplex real estate for sale in Vero Beach? You can browse all Vero Beach real estate or contact a Coldwell Banker agent to request more information.

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