1850 40TH AVENUE
Vero Beach, FL 32960
$5,900,000
Plum Hollow Condos is a 39 unit community located in Vero Beach, Florida. The property consists of 23 one-bedroom one-bath units that are each 700 square feet and 16 two-bedroom/two-bath units that are each 1,000 square feet. This asset was built in 1975 of concrete block construction and sits on approximately 1.875 acres of land. Utilities are separately metered for electric and water and paid for by the tenants. The property features an on-site pool and the units all feature central air conditioning with large private balconies.
Listing Courtesy of: FLORIDA REALTY INVESTMENTS
407-207-2220
| Listing Id: | TB8565164 |
|---|---|
| List Price: | $5,900,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Bedrooms Total: | 55 |
| Bathrooms Full: | 55 |
| Living Area: | 26,056 |
| Condo Fees: | 150.0 |
| Tax Annual Amount: | $802 |
| Lot Size Square Feet: | 81,952 |
| Lot Size Acres: | 1.88 |
| Waterfront?: | No |
| City: | Vero Beach |
| County Or Parish: | Indian River |
| Subdivision Name: | Plum Hollow Condo |
| Postal Code: | 32960 |
| Year Built: | 1975 |
| Number Of Units Total: | 39 |
| Additional Parcels?: | Yes |
| Bathrooms Total Integer: | 55 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Slab |
| Construction Materials: | Concrete |
| Cooling: | Central Air |
| Directions: | Vero Beach, FL |
| Exterior Features: | Other |
| Garage?: | No |
| Heating: | Electric |
| Interior Features: | Other |
| Laundry Features: | Other |
| Listing Contract Date: | 2026-11-05 |
| Ownership: | Condominium |
| Living Area Source: | Owner |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 1.88 |
| Postal Code Plus4: | 2589 |
| MLS Area Major: | 32960 - Vero Beach |
| MLS Area Major: | 32960 - Vero Beach |
| Original List Price: | $5,900,000 |
| Parcel Number: | 33-39-03-00035-0002-00102.0 |
| Pool Features: | Above Ground |
| Township: | 33 |
| Road Surface Type: | Asphalt |
| Roof: | Membrane |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Additional Parcels Description: | X |
| Association?: | No |
| Utilities: | Electricity Connected, Sewer Connected, Water Connected |
| Water Source: | Public |
| Number Of Lots: | 39 |
| Public Survey Range: | 39 |
| Public Survey Section: | 03 |
| Zoning: | X |
| Spa?: | No |
| Alternate Key Folio Num: | 333903000350002001020 |
| Annual Net Income: | 422586.00 |
| Calculated List Price By Calcula: | 226.44 |
| Cddyn: | No |
| Condo Fees Term: | Monthly |
| Flood Zone Code: | X |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 2420.68 |
| Lot Size Square Meters: | 7614 |
| Monthly Condo Fee Amount: | $150 |
| Sdeo yn: | No |
| Total Acreage: | 1 to less than 2 |
| Total Annual Fees: | $1,800 |
| Total Monthly Fees: | $150 |
| Total Num Buildings: | 3 |
| Unit Count: | 3 |
| Unit Number Yn: | Yes |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 407-207-2220 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Fireplace?: | No |
| Pool Private?: | Yes |
| New Construction?: | No |
| New Construction?: | No |
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Property Last Updated: November 06, 2026 06:33 AM - ET
