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Multi Family - for Sale

4410 38TH, VERO BEACH, FL 32967

Asking Price$525,000

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  • Days on market:

    93 day(s)
  • Original Price:

    $525,000
  • Tax Legal Description:

    BEG 565 FT S & 605 FT W OF NE COR OF NW1/4 RUN N 80 FT; RUN E 90 FT; S 80 FT; W 90 FT TO POB
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Construction Type:

    Block
  • Cooling Description:

    Central Air
  • Special Listing Conditions:

    None

Description

$525,000

Unique mixed-use commercial property | restaurant + 7-unit rooming house exceptional investment or owner-user opportunity in vero beach! this 7,200 sq ft mixed-use commercial property offers a turnkey restaurant space and a 7-unit licensed rooming house, all on a prime corner lot with excellent street visibility. the restaurant features an established business with a full commercial kitchen and takeout counters. adjacent is a well-maintained rooming home with seven income-producing units, shared living areas, and a common kitchen. each unit is currently rented, providing stable cash flow. ideal for live/work ownership, hospitality, operators, or investor seeking a diversified income stream. high rental, demand and strong cap rate potential. properties like this with built-in revenue and flexible zoning are a hot commodity, in the vero beach market.

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