401 18th St, Vero Beach, FL 32960
FOR SALE
NEW - 1 DAY AGO
3.1 ACRES

401 18th St
Vero Beach, FL 32960

  • 64 Beds

$11,950,000

Est. Mortgage $72,149/mo*

$11,950,000

Est. Mortgage $72,149/mo*
64 Beds
(on 3.10 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Rarely offered premier income asset. 27 units constructed between 2022-2025. Low maintenance concrete block with metal roofs. Location off 17th Street South Causeway to Vero's widest beach and park. Steps to US-1 and shopping. Fully leased, high-end finishes including marble floors and granite countertops. NDA required prior to releasing detailed financials.

Home Highlights

Parking
Garage
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
No Info
Listed
1 day ago

Home Details for 401 18th St

Interior Features

Beds & Baths
Number of Bedrooms: 64
Appliances & Utilities
Laundry: None
Heating & Cooling
Heating: Central,Electric,Heat PumpHas CoolingAir Conditioning: Central Air,Electric,Reverse CycleHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: BlindsFlooring: Marble
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Marble
Security
Security: Fire Sprinkler System

Exterior Features

Exterior Home Features
Roof: MetalExterior: None
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 20Parking: Garage,Garage Door Opener
Pool
Pool: None
Frontage
Waterfront: NoneRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 1

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Block, Concrete, Stucco
Property Information
Usage of Home: Mixed UseParcel Number: 33390100027002000001.0

Price & Status

Price
List Price: $11,950,000

Active Status

MLS Status: Active

Location

Direction & Address
City: Vero BeachCommunity: Other

Agent Information

Listing Agent
Listing ID: 297147

Community

Community Features: None

HOA

HOA Name: NAAssociation for this Listing: Indian River

Lot Information

Lot Area: 3.1 Acres

Offer

Listing Terms: Cash, New Loan

Business

Expense
Tenant Pays: Cable TV, Electricity, Sewer, Water

Rental Terms, Policies & Fees

Owner Pays: Common Area Maintenance, Grounds Care, Insurance

Miscellaneous

Mls Number: 297147Living Area Range: OVER 9000Living Area Range Units: Square FeetAttribution Contact: 772-492-1002Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12061-N-333901000270020000010-R-N

Additional Information

NoneDays On Market Replication: 7
Last check for updates: about 4 hours ago
Listing courtesy of Mike Thorpe, (772) 492-1002
One Sotheby's Int'l Realty
Originating MLS: Indian River
Source: Realtor Association of Indian River County, MLS#297147

Price History for 401 18th St

DatePriceEventSource
05/08/2026$11,950,000Listed For SaleRealtor Association of Indian River County #297147
03/05/2018$735,000Sold
N/A
08/06/1998$212,500Sold
N/A

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Property Tax and Assessment

Year2024
Tax$40,284
Assessment$2,315,463
Home facts updated by county records

Comparable Sales for 401 18th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.27
Multi-Family Home
$750,000
09/05/25
8
-
-
0.31
Multi-Family Home
$592,000
07/21/25
2
2
1,458
1.02
Multi-Family Home
$325,000
11/10/25
6
-
-
1.10
Multi-Family Home
$500,000
07/11/25
4
3
1,828
1.03
Multi-Family Home
$365,000
04/06/26
3
2
1,316
1.20
Multi-Family Home
$420,000
05/21/25
5
-
-
1.47
Multi-Family Home
$725,000
01/07/26
8
-
-
1.32
Multi-Family Home
$500,000
08/28/25
4
-
-

Assigned Schools

These are the assigned schools for 401 18th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Vero Beach

At least 540 Trulia users voted on each feature.
  • 86 % Say it's dog friendly

  • 85 % Say car is needed

  • 85 % Say parking is easy

  • 73 % Say there's holiday spirit

  • 73 % Say yards are well-kept

  • 73 % Say it's quiet

  • 67 % Say people would walk alone at night

  • 54 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say there are sidewalks

  • 51 % Say kids play outside

  • 49 % Say streets are well-lit

  • 48 % Say there's wildlife

  • 33 % Say it's walkable to grocery stores

  • 32 % Say it's walkable to restaurants

  • 29 % Say there are community events

Learn more about our methodology.
  • Vm5n575pn9
    "Plenty of open areas to take your pet for walks, runs , nice beaches to take your animals for a nice dip"
  • Leslie Merritts
    "I live in a gated community. It’s mostly seniors. It’s dog friendly, nice sidewalks, neighborly, and low crime. "
  • Leslie Merritts
    "There aren’t many kids. Mostly retired people. Peaceful, happy, well maintained. Great HOA, but a little pricy. "
  • Knowlessdameonn
    "Most people pick up after their pants everyone keeps their lawn mowed, and everyone is dog friendly I have never had a problem with anyone. All of my neighbors have dogs. My dog has got out in. My neighbor has caught my dog before and brought my dog back to me."
  • Michellesoss
    "Vero is more of an older, quiet people town. We need more young families. There are good schools here and plenty of ocean and riverfront open spaces. Any family who loves the water, boating, fishing, surfing, or simply sitting beach side building sand, castles, and this is for you.."
  • Knowlessdameonn
    " An amazing neighborhood mostly older retirement community with nice family oriented folks also, you can get anywhere within 15 minutes and the beach is within 10 to 15 minutes from anywhere you live nearby and I’m happy to call this place home."
  • Jennifer Boyer
    "What they would like is there is plenty of directions to walk your dog in!!! that’s one of the best things about this neighborhood very dog walkable!!!"
  • Waking-motet9w
    "The beach is within 15 minutes and it’s a safe community with a small town feel. There is growth on the horizon."
  • julie
    "Friendly, active retirement community. Pickleball, aqua-aerobics, pool, nature trail eco club, bridge, bingo, movies, holiday parties. "
  • Pkskw947dd
    "The housing is expensive and the roads are not made for the traffic and 10 years ago I could walk down 15 th ave and 23 rd st and feel safe now homeless strung out on drugs or they follow you around asking for money or if you want any drugs "
  • Jerrycapobianco61
    "We have good restaurants and beautiful beaches also Riverside park that has bands play every Thursday Friday Saturday "
  • Suzanvadensmith
    "I can walk to anything I need and we have a very convenient, free bus service. I do not own a car and I work two jobs and have no difficulty getting where I need to be."
  • Leslie Merritts
    "Everyone here loves dogs. Neighbors walk dogs together. Many dog friendly restaurants nearby. There’s a dog park nearby. "
  • J Vas
    "Nice, quiet neighborhood with a good mix of families and empty nesters. Everyone keeps to themselves, but are helpful when help is needed. "
  • Adamgehrke
    "I have lived in my neighborhood for over twenty years and wish those from big cities would stop trying to make it like the big city that they fled from "
  • Trulia User
    "Nice sidewalks, older homes beautiful yards, lots of friendly people. Big trees, boats, cars. Close to beaches, downtown, shopping, Riverside Park, airport and Outlet malls. Good location for growing family. Art in the Park. Near the Airport and county buildings!"
  • Trulia User
    "My commute works well for me. I travel US 1 to Port st Lucie daily. I take Indian River Boulevard most mornings."
  • KarmaBytes
    "It’s a quiet neighborhood. There are some kids here, and there is an elementary school, middle school and high school very close by. "
  • Trulia User
    "Nice walking area, with many fire hydrants, trees and squirrels. People pass by and wave. Very friendly."
  • Trulia User
    "Lived here for a year , everyone minds their business and stays indoors . Not a real family neighborhood with kids and parents talking outside . "
  • Amy G.
    "We’ve lived hear for 4 years and it’s a nice small beach town. It doesn’t have every store, but it has most of them and lots of great places to eat. "
  • Knightmaverick13
    "My neighborhood is great. I am raising my 10 year old daughter and she loves it as well! With all the amenities close by we never run out of things to do. I highly recommend Vero Beach as a great place to live. "
  • Missy W. M.
    "Dog owners walk their dogs and clean up after them for the most part. There are always a couple who don’t clean up or their dogs are aggressive, but they are rare. "
  • Barbara R.
    "There is a weekend Farmers Market and yearly special events such as Gardenfest! and Under The Oaks art show."
  • Lisa M.
    "We have lived here for a little over four years and absolutely love the area. We are 17 minutes from anything we need."
  • Michelle H.
    "There’s nothing not to like in this neighborhood. Everyone is friendly and most want to interact with you and your pet. Most dog owners pick up the feces so the area is fairly free of dog poop. You can rest easy about your dog picking up parasites from other pets."
  • Ritz S.
    "Nice suburban area mostly with families/seniors living here. Lots of green spaces and shaded sidewalks"
  • Kerryadams11
    "There is a dog in every other house. Very dog friendly community. Vero Beach is a very dog friendly town."
  • Heather L.
    "1st Friday fests on Beach side. Saturday farmers market. small town restaurants. $4 matinee at the AMC theater. "
  • Pepper S.
    "I'm retired, I don't have a "commute" in the true sense of the word. But Vero is a small town with easy driving no matter what your your purpose."
  • Phillfam5
    "Great place to raise a family! Small beach town with big time amenities like museums, theaters, festivals, lots of parks, races, etc. Something going on all the time. Variety of choices for schools, public, private, charter and magnet schools. "
  • Ted B.
    "30 minute drive with about 10 minutes stopped at lights along the way. Scenic aspects all along the way. "
  • Dccolclough
    "We’ve lived here for 17 years and love it! We know all our neighbors and we look out for each other all the time. "
  • Dccolclough
    "It’s a great community with a steady increase to property values. Very safe, great people and schools."
  • Robin M.
    "this is a very safe feeling town with all necessities very close. I love living here. Shopping, beach, restaurants, arcades, movies..all within 5 minutes. "
  • Lisarodrigues0005
    "Location is awesome . Close to shopping , parks, the water . Public transportation or walkable to just about everything. "
  • Carla101718
    "Thanksgiving the whole neighborhood is invited to the store to have a free plate of dinner hosted by the store owner and family, in wabasso. "
  • John25ston
    "It’s a great area to raise a family! The people are friendly and there are plenty of outdoor activities to do."
  • Richard A. L.
    "It’s like a good suburban neighborhood in a town full of gated communities. 10 minutes from the beaches, 3 minutes to the supermarket and 3 minutes to a stretch of shopping, movie theaters, restaurants and more. Neighbors take cares if their homes. "
  • Trulia User
    "Riverside theatre free band nights art museum great restaurants great weather friendly people in Publix "

LGBTQ Local Legal Protections

Mike Thorpe, One Sotheby's Int'l Realty
Agent Phone: (772) 492-1002
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
401 18th St, Vero Beach, FL 32960 is a 64 bedroom multi-family built in 2022. This property is currently available for sale and was listed by Realtor Association of Indian River County on May 8, 2026. The MLS # for this home is MLS# 297147.