1875 40th Ave, Vero Beach, FL 32960 Property Records

Indian River County property record for 1875 40th Ave, Vero Beach, FL 32960

Property Summary

Property Type	Apartment House (2-4 Units)
Details	1 bd · 1 ba · 7,460 sqft · built 1971
Lot Size	0.42 acres (18,295 sqft)
Owner	Company Name on File
Last Sale	$2,350,000 (Apr 2024)
Tax Bill	$11,578 (2025)
Deeds & Mortgages	Dec 2024 Mortgage Apr 2024 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`33-39-03-00026-0070-00002.0`

Property Details

APN / Parcel Number

Primary APN	`33-39-03-00026-0070-00002.0`
Alternative APN	`68617`

Interior

Bedrooms	1 Bed
Full Baths	1 Bath
Units	10 Units
Stories	1 Story
Building Area	7,460 sqft Living Area
1st Floor Area	3,730 sqft
Flooring	Carpet

Exterior

Year Built	Built 1971
Effective Year Built	Effective 1999
Architectural Style	Multi-Family
Exterior Material	Stucco
Construction Type	Masonry / Concrete Block
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	18,295 sqft (0.42 acres)
Lot Dimensions	155 ft deep x 117 ft wide
View / Lot	Interior
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	Package A/C
Heating System	HVAC

Location & Zoning

Street Address	1875 40TH AVE
City	VERO BEACH
State	FL
Zip	32960-0586
Property Category	Commercial
Property Type	Residential > Multi-Unit > Apartment House (2-4 Units)
Local Zoning Code	RCLO
Legal Description	SUNNYSIDE PARK SUB BLK 7 LOTS 2 & 3 PBI 1-7
Legal Range	39E
Legal Township	33S
Legal Section	03
Legal Subdivision	SUNNYSIDE PARK
Legal Block	7
Legal Lot Number	2,3
Jurisdiction	INDIAN RIVER FL
Township / Civil Division	VERO BEACH
Census Block Group	4
Census Block	4004
Census Tract	50101

Owner

1875 40th Ave, a residential property, is owned by a company that bought it in April 2024.

Source: Indian River County records, as of October 2, 2026

Owner of Record	Company Name on File
Mailing Address	18445 NE 30TH PL, NORTH MIAMI BEACH, FL 33160-5216
Owner Type	Company
Vesting	Limited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Dec 16, 2024	Deed of Trust, Mortgage · Commercial Mortgage BRIGHSTAR CU
Apr 18, 2024	Warranty Deed, Transfer · Unknown PC INVESTMENT PROPERTIES LLC
Jan 17, 2018	Warranty Deed, Transfer · Commercial Mortgage VALLEY NATIONAL BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 18, 2024 · Amount on File
Deed Sale	Apr 18, 2024 · Amount on File
Prior Sale	Jan 17, 2018 · Amount on File
Deed Document Number	202418360
Deed Book / Page	3691 / 1514
Prior Transfer Date	Mar 8, 2010
Prior Transfer Doc	0024040751
Record Updated	Oct 29, 2026

December 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	INDIAN RIVER FL
Property Address	1875 40TH AVE, VERO BEACH, FL 32960-0586
Transaction Type	Mortgage
Record Updated	Apr 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	18445 NE 30TH PL, AVENTURA, FL 33160-5216

Mortgage

Document Number	0037430705
Date	Dec 16, 2024
Book Page	3743/705
Instrument	3120240059192

Lender

Name	BRIGHSTAR CU
Type	Credit Union
Address	HOLLYWOOD, FL 33024

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

April 2024: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	INDIAN RIVER FL
Recording Date	Apr 18, 2024
Property Address	1875 40TH AVE, VERO BEACH, FL 32960-0586
Document Number	0036911514
Book / Page	3691 / 1514
Map Reference	MB 1 PG 7
Instrument Date	Apr 15, 2024
Instrument	3120240018360
Transaction Type	Transfer
Record Updated	Jan 28, 2025
Title Company	ACCOMMODATION

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$16,450.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1326 SW 4TH CT, FORT LAUDERDALE, FL 33312-7535

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	18445 NE 30TH PL, AVENTURA, FL 33160-5216

Mortgage

Document Number	0036911516
Date	Apr 18, 2024
Book Page	3691/1516
Instrument	3120240018361

Lender

Name	PC INVESTMENT PROPERTIES LLC
Type	Non-Lending Institution
Address	PO BOX 427, FORT LAUDERDALE, FL 33302

Agreement

Type	Unknown
Amount	Amount on Record

January 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	INDIAN RIVER FL
Recording Date	Jan 17, 2018
Property Address	1875 40TH AVE, VERO BEACH, FL 32960-0586
Document Number	0030852495
Book / Page	3085 / 2495
Map Reference	MB1 PG7
Instrument Date	Jan 16, 2018
Instrument	3120180002849
Transaction Type	Transfer
Record Updated	Jul 28, 2022
Title Company	ATTORNEY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$4,431.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1885 BRIDGEPOINTE CIR UNIT 38, 1885, VERO BEACH, FL 32967-6847

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	6151 SW 64TH AVE, SOUTH MIAMI, FL 33143-2047

Mortgage

Document Number	3120180002850
Date	Jan 17, 2018
Instrument	3120180002850

Lender

Name	VALLEY NATIONAL BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1875 40th Ave was $11,578.

Source: Indian River County assessment roll, as of December 8, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Indian River County
Municipality	Vero Beach City
Unified School District	Indian River County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$11,578.00	$621,428 Land $127,173 Building $494,255	$621,428 Land $127,173 Building $494,255
2023	$7,458.00 (-0.12%)	$404,381 (-0.28%) Land $33,912 Building $370,469	$404,381 (-0.28%) Land $33,912 Building $370,469
2022	$7,467.00	$405,516 Land $30,830 Building $374,686	$405,516 Land $30,830 Building $374,686

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 1875 40th Ave in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2024.

Source: FEMA National Flood Hazard Layer, effective May 13, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 11 policies
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	11 in force
Nearby Flood Claims	1 (2024)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Oct 2024 · Hurricane Milton

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1875 40th Ave is low, with a 0.02% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 96% of the US · lower than 96% of Florida
Wildfire Likelihood	0.02% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF VERO BEACH serves 37,308 people · EPA ID FL3310206
Water Source	Groundwater
Last State Inspection	Mar 2025
Lead	5 ppb (2024) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Jul 2020
Treatment and Procedure	None last 10 years
Monitoring and Reporting	29 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 278 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20

May also be available: AT&T, T-Mobile.

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