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$2,997,900 Just Listed
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Property Description
////OWNER FINANCING////. Excellent investment opportunity in the prestigious city of Vero Beach. Concrete block duplex on a valuable corner lot zoned Multi-Family (2-9 units) with 3,299 A/C SF and steps from the beach. Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a private enclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes to Disney's Vero Beach Resort, Costa d'Este Beach Resort, and Orchid Island Golf & Beach Club. Conveniently located 2 hours from Miami, 1 hour from West Palm Beach, and Orlando. Ideal for investors seeking long-term appreciation, a high rental income, or future development flexibility.
Full Property Details
Full Property Details for 1505 Coral Ave
General
- Price: $2,997,900
- Taxes: $17,163 (2025)
- Status: Active
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A12000945
- Updated: Today (4/14/2026)
- Added to Site: Today
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.: $967.38
- 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
Get Pre-Approved Today
Schools
Schools serving 1505 Coral Ave
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Beachland Elementary School 3350 Indian River Drive East, Vero Beach, FL 32963 | PK-5 | 1.9 mi |
Gifford Middle School 4530 28th Court, Vero Beach, FL 32967 | 6-8 | 4.9 mi |
Vero Beach High School 1707 16th Street, Vero Beach, FL 32960 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1505 Coral Ave
Date
Details
Price
Change
Source
4/14/2026
Listed
$2,997,900
149.83%
MLS
4/22/2022
Sold
$1,200,000
—
Public Record
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
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1505 Coral Ave
1505 Coral Ave, Vero Beach, FL 32963 (MLS# A12000945) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1505 Coral Ave is currently listed for $2,997,900 and was received on April 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.

