$1,988,050
1505 Coral Avenue
Vero Beach, FL 32963
Explore the area: Vero Beach homes for sale · Indian River County real estate
Price Check
How this price compares
- List price
- $1,988,050
- Price per sq ft
- $642
- Original price
- $2,997,900
- Days on market
- 176
This multi-family property in ZIP 32963 is listed at $1,988,050, or $642 per square foot. The asking price has come down 33.7% from its original $2,997,900. It has been on the market for 176 days.
Estimated monthly payment
$10,448 /mo
Principal and interest only, based on $397,610 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,988,050
- Days on Site
- 176 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 3,099 sqft
- Total Sq Ft
- 3,099 sqft
- Year Built
- 1976
- Property Type
- Multi-Family
- MLS #
- A12000945
- Property Tax
- $17,163 (2025)
- Subdivision
- THE OCEAN CORPORATION SUB
- County
- Indian River
- Status
- Active
About This Property
Prime coastal investment opportunity in Vero Beach. Seller financing is available. Concrete block duplex on a corner lot zoned Multi-Family (2–9 units) with 3,099 A/C SF, 7 bedrooms, 4 baths, and an aluminum roof, just steps from the beach. Each unit features its own private patio, offering added outdoor living space and privacy. The layout offers multiple income possibilities in a desirable coastal market.Conveniently located near 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, strong rental income potential, and future development flexibility.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1976
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 3,099
- Total Sq Ft
- 3,099
- Structure Type
- Duplex
- Sewer
- Septic Tank
- Zoning
- R-1A
Interior Features
- Cooling
- Central Air
- Heating
- Central / Electric / Separate Meters
- Flooring
- Tile
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Aluminum
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Conventional / Owner Will Carry
- MLS Area
- 6311 - Beach City (IR)
Schools
- Elementary School
- Beachland
- Middle School
- Gifford
- High School
- Vero Beach
About the Community
- Homes for Sale
- 1
- Under Contract
- 0
- Median List Price
- $1,988,050
- Median $/Sq Ft
- $642
- Avg Days on Market
- 176
Frequently Asked Questions
- How do I schedule a tour of 1505 Coral Avenue, Vero Beach, FL 32963?
- Use the Tour button on this listing to request a showing of 1505 Coral Avenue, Vero Beach, FL 32963. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1505 Coral Avenue, Vero Beach, FL 32963 still available?
- 1505 Coral Avenue, Vero Beach, FL 32963 is currently listed as Active, and has been on the market 176 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1505 Coral Avenue, Vero Beach, FL 32963?
- With 20% down ($397,610) on the $1,988,050 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1505 Coral Avenue, Vero Beach, FL 32963 is about $10,448/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1505 Coral Avenue, Vero Beach, FL 32963?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1505 Coral Avenue, Vero Beach, FL 32963. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1505 Coral Avenue, Vero Beach, FL 32963?
- 1505 Coral Avenue, Vero Beach, FL 32963 is zoned for Beachland (elementary), Gifford (middle), Vero Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1505 Coral Avenue, Vero Beach, FL 32963?
- Often, yes. The right offer on 1505 Coral Avenue, Vero Beach, FL 32963 depends on how it's priced against comparable multi-family sales in Vero Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,988,050
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Listed by Jenny D Palacios, The Keyes Company
Map & Location
Cities in Indian River County
Zip Codes in Indian River County
Property Types
Recent Sales
Recently sold homes in ZIP 32963
These are the last 6 recorded closings in ZIP 32963, with the price each home actually sold for rather than what it was listed at. They closed at a median of $431 per square foot. The most recent closed on October 6, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$800,000
Sold · October 6, 2026
1700 Ocean Drive 306
2 bed · 2 bath · 1,480 sqft · $541/sqft
$39,000 under the asking price
Sold$3,000,000
Sold · September 30, 2026
956 Surf Lane
0 bed · 0 bath
$185,000 under the asking price
Sold$185,000
Sold · September 22, 2026
5400 A1A Highway D18
1 bed · 1.5 bath · 1,000 sqft · $185/sqft
$10,000 under the asking price
Sold$970,000
Sold · September 17, 2026
1365 ADMIRALS Walk
4 bed · 3 bath · 2,249 sqft · $431/sqft
$25,000 under the asking price
Sold$2,500,000
Sold · September 15, 2026
775 Acacia Road
4 bed · 4.5 bath · 2,638 sqft · $948/sqft
$99,000 under the asking price
Sold$520,000
Sold · September 15, 2026
839 Camelia Lane 8
2 bed · 2.5 bath · 1,467 sqft · $354/sqft
$35,000 under the asking price
See every recorded sale in ZIP 32963 or find out what your ZIP 32963 home is worth.
