Dale Sorensen Real Estate
Dale Sorensen Real Estate

3206 Cardinal Drive

Vero Beach, FL, United States

960 6th Street

Description

Two duplexes sold together as a fantastic 4 unit investment opportunity. Each unit is a 2 bedroom, 2 bath with separate outdoor spaces and 2 dedicated parking spaces per unit. Current cap rate of 6.4% with an easily achievable 7.8%. Great location and long term rental history - Current rates: Unit 960 - $1,100 month-to-month, Unit 962 - $1,450 lease through Sept 2025, Unit 964 - $1,200 through Mar 2025, Unit 966 - $1,450 through Aug 25. Recent updates include a 2024 A/C in Unit 964, 2024 drain field, tile floors throughout. Photos are of one unit and differ slightly from one unit to the other.

Business Details

Year Established
1978
Regent Territory
Vero Beach, FL and Brevard County, FL

Service Areas

Vero Beach, FL, USA
Indian River, Florida, USA
Sebastian, FL, USA
North Hutchinson Island, Florida 32963, USA
Fort Pierce, FL, USA
Orchid Island, Florida 32963, USA
Vero Beach, FL 32963, USA
Indian River Shores, FL, USA
Cocoa Village, FL, USA
Indialantic, FL, USA
Melbourne, FL, USA
Cocoa, Florida
Cocoa Beach, Florida
Cape Canaveral, Florida
Merritt Island, Florida

Additional Resources