5730 59Th Ave Vero Beach, FL 32967

This exceptional multifamily property, located at 5730 59th Ave, Vero Beach, FL 32967, presents a compelling investment opportunity. Boasting 1,800 square feet of living space, this newly constructed (2024) building offers a modern European design and elevated hurricane-proof architecture. The property sits on a double lot, eliminating HOA fees and restrictions, and providing significant potential for future expansion or development. Its energy-efficient construction ensures low maintenance and worry-free rental income generation, making it ideal for both Airbnb and annual leasing strategies. Situated in a desirable no-flood zone, this turnkey property is covered by a warranty, minimizing risk for the investor. Enjoy convenient access to a wealth of amenities, including proximity to the beach (15 minutes), shopping and dining (5 minutes), and I-95 (8 minutes). The property's 8% capitalization rate makes it an attractive investment, particularly for those seeking a 1031 exchange opportunity. This is a rare chance to acquire a high-yield, low-maintenance property in a prime Vero Beach location. Maximize your return on investment with this exceptional turnkey opportunity. The property is located in Indian River County.