Exterior of a small, light blue stucco house with a white door and porch. A chair and ottoman sit in the overgrown yard.

Compact Income Producing Property

$80,000

3 Rooms
1 Bathroom
~45 m² Living area

Description

Compact income-producing property along the CR 510 corridor—one of Indian River County’s fastest-growing routes. This 480± SF single-family residence sits on a 0.14± acre parcel zoned RM-10, allowing both single-family and multifamily use. Currently generating a 5% cap rate, the property provides immediate cash flow with redevelopment potential. Ideal for investors seeking a manageable, high-demand holding in a rapidly expanding area. Sizes approximate.

Features

Air-conditioning