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New listingMLS listing sourceMIAMI REALTORS® MLS
New listingMLS® A12000945
$1,988,050

1505 Coral Avenue, Vero Beach, FL 32963

Beds
—
Baths
0
Sqft
3,099
Est. payment$12,740/mo
Home type
Duplex
Year built
1976
Lot size
—
Price / sqft
$642
HOA
$0/mo
Community
THE OCEAN CORPORATION SUB

Property description

Prime opportunity with a motivated seller! Excellent investment in the prestigious city of Vero Beach. Concrete block duplex on a corner lot zoned Multi-Family (2–9 units) with 3,099 A/C SF and steps from the beach. Aluminum roof. Each unit features its own private patio, offering added outdoor living space and privacy.Unit 1 offers a spacious 3BD/2BA + den. Unit 2 is smartly divided into two 3BD/2BA units, each with a privateenclosed patio. Strong rental demand and flexible income configuration in a high-end coastal market. Minutes toDisney’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-termappreciation, a high rental income, or future development flexibility.

Listing activity

Days on market
162
Listed
Apr 14, 2026
MLS listing updated
Sep 23, 2026
Feed last checked
8 minutes ago

Listed by Jenny D Palacios · The Keyes Company

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Tile

Heating & cooling

Heating
Separate Meters, Central, Electric
Cooling
Central Air
Property

Exterior

Stories
1
Building area
3,099 sqft
Pool
No
Waterfront property
No

Lot

Zoning
R-1A
Construction

Type & style

Home type
Duplex
Structure type
Duplex
Year built
1976
New construction
No

Materials

Construction
CBS
Roof
Aluminum
Property condition
Resale
Utilities & green energy

Utilities

Sewer
Septic Tank
Utilities
Cable Available
Community & HOA

Community

Subdivision
THE OCEAN CORPORATION SUB
MLS area
6311 - Beach City (IR)

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Vero Beach
County
Indian River
ZIP code
32963
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12000945
Possession
Negotiable
Original list price
$2,997,900
Parcel number
334005000120070000070
Annual property tax
$17,163
Tax year
2025
Tax legal description
OCEAN CORPORATION SUB BLK 7 LOT 7 PBI 3-9
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
3099
Construction Materials
CBS
County Or Parish
Indian River
Days On Market
162
Elementary School
Beachland
High School
Vero Beach
List Price
1988050
Listing Contract Date
2026-04-14
Living Area
3099
MLSArea Major
6311 - Beach City (IR)
Middle Or Junior School
Gifford
Mls Status
Active
On Market Date
2026-09-23
Photos Count
42
Postal Code
32963
Price Change Timestamp
2026-09-04T14:42:12Z
Property Sub Type
Duplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-23T18:08:29Z
Stories Total
1
Subdivision Name
THE OCEAN CORPORATION SUB
Tax Annual Amount
17163
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Apr 14, 2026ListedMIAMI REALTORS® MLS$2,997,900$967/sqft
Sep 4, 2026Price reducedMIAMI REALTORS® MLS$1,988,050$642/sqft

Public tax history

YearProperty taxesAssessment
2025$17,163—

Payment calculator

Estimated monthly payment$12,740/moIllustrative estimate, not a loan offer.
Principal & interest
$10,316
Property taxes
$1,430
Insurance
$994
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

THE OCEAN CORPORATION SUB

Vero Beach · Indian River County · 32963

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

BeachlandElementary
—
GiffordMiddle
—
Vero BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of The Keyes Company. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.