This three-unit multifamily property, located at 1865 18th Avenue in Vero Beach, Florida, represents a compelling investment opportunity with immediate income and long-term upside. Situated just blocks from downtown, the properties are mostly occupied and well-positioned to benefit from rising rental demand, a growing tourism economy, and strategic city improvements. The property is being offered at $540,000. Additional upside exists through renovations, rent increases, and converting the two fully finished storage units into livable units. The Vero Beach area supports strong seasonal and year-round visitor demand, with Airbnb and short-term rental units averaging 57 to 61 percent occupancy and daily rates between $163 and $266, generating up to $35,000 annually per unit. The properties also benefit from ongoing city-led infrastructure upgrades, including sidewalk and drainage improvements along US-1 and expanded marina facilities catering to recreational tourism. Local attractions such as Historic Dodgertown, the Vero Beach Museum of Art, and year-round events like tennis tournaments and seasonal expos further enhance demand for vacation and short-term lodging. Combined with low multifamily vacancy and steady rent growth, these dynamics position the portfolio for durable cash flow and capital appreciation. This is an ideal opportunity for investors seeking stabilized income with optionality to boost returns through repositioning and short-term rental integration in a growing Florida coastal market.