4
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1085 42nd Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Nov 30, 2025 | In contract | - | |
| In contract | |||
| Nov 24, 2025 | Listed by EXP Realty, LLC | $65,000 | |
| Listed by EXP Realty, LLC | |||
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?? Build your vision in beautiful Vero Beach!
1085 42nd Ave is a prime vacant lot in a peaceful, established neighborhood with no HOA or restrictions—perfect for a custom home or investment property. Ready to build, with utilities nearby. Ideally located just minutes from beaches, shopping, schools, medical facilities, US-1 and I-95. Enjoy the balance of privacy, accessibility, and the charm of Vero Beach living surrounded by natural Florida landscaping. A rare opportunity to create exactly what you’ve been dreaming of!
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| May 23, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2023 | Listed by Sea Flag Homes | $65,000 | |
| Listed by Sea Flag Homes | |||
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Let's Make a Deal. Don't Miss This Rare Opportunity to Own A Beautiful Oversized Vacant Building Lot Located In The Heart Of Vero Beach, Public Water Available. This Prime Location Offers The Perfect Canvas For Creating Your Dream Home. Just Minutes from Downtown Schools, Shopping, Dining, And the Spectacular Treasure Coast Beaches.
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About Vero Beach South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017