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South Beach 32963
1020 Clipper Rd. Road
$435,000
● House - Off Market

1020 Clipper Rd. Road

Vero Beach, FL 32963
bedrooms
3 Beds
bathrooms
2 Baths
$704,854
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

This lovely home is situated a short walk to the ocean. Come and enjoy the Florida lifestyle and all that Vero Beach has to offer. Separate family room and an open living/dining room combination. Have your morning coffee out on the screened porch which is perfect for relaxing. Gated community & a 2 car garage make this the perfect retreat. All sizes are approximate and subject to errors
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
1978

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Space Coast MLS #831114)

Price History

Date / Event Date Event Price
Apr 1, 2019 Sold
Premium
Sold
Nov 30, 2018 Listed by Sea Turtle Real Estate, LLC $475,000
Listed by Sea Turtle Real Estate, LLC
Mar 19, 2013 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,176
  • Gross Building Area: 2,464
  • Building Area: 1,696
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASTAWAY COVE
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: CASTAWAY COVE LOT 86 PBI 9-85 & 85A

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050508

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 33-40-08-00003-0000-00086.0
  • Lot: 86
  • Meridian: SEC 08 TWN 33S RNG 40E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6181
  • Longitude: -80.3487

    Address

  • Full Address: 1020 Clipper Rd
  • Address - House Number: 1020
  • Address - Street Name: Clipper
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R008
  • 4-Digit Zip Code: 2539
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 2,071
  • Tax Year: 2022
  • Tax Amount: $769,947
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 920,988
  • High Value: 1,094,434
  • Low Value: 747,542

    Market Valuation

  • Market Total Value: $571,867
  • Market Land Value: $367,540
  • Market Improvement Value: $204,327

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $571,867
  • Assessed Land Value: $367,540
  • Assessed Improvements Value: $204,327

    Sales

  • Current Sale Contract Date: Apr 01, 2019
  • Current Sale Recording Date: Apr 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120190018948
  • Previous Sale Recording Date: Mar 19, 2013
  • Previous Sale Contract Date: Feb 27, 2013
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Beach

Stats & Trends

Median Asking:

$985,000

Sale Price/ft²

$471

Below Asking

0.03%

Average Days on Market

93

Average Home Size

2604 ft²

Average Home Age

40.2 years

Currently For Sale

65 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2800 Indian River Boulevard, FL, 32960

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
2800 Indian River Boulevard #1, FL, 32960 Listing by Peter G Robinson
Unit for rent at 1845 Robalo Drive, Vero Beach, FL, 32960

$2,350 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
1845 Robalo Drive #D202, Vero Beach, FL, 32960 Listing by Agnieszka Szynert
Unit for rent at 36 Vista Gardens Trail, Vero Beach, FL, 32962

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
36 Vista Gardens Trail #202, Vero Beach, FL, 32962 Listing by Eric M Attio

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Barbara Holt PA, Sea Turtle Real Estate, LLC
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 831114
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1020 Clipper Road built and last sold?
The property at 1020 Clipper Road was built in 1978 and last sold on Apr 1, 2019 for $435,000.
How much is this home worth?
The estimated value of the home located at 1020 Clipper Road is $0.
What are some comparable homes to 1020 Clipper Road?
There are currently no comparable homes to 1020 Clipper Road.
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