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South Beach 32963
1325 Poseidon Point
$370,000
● House - Off Market

1325 Poseidon Point

Vero Beach, FL 32963
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$805,520
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

3-story island retreat is located east of A1A, steps from deeded beach access, & is surrounded by lush tropical foliage. Great room offers a soaring exposed beam ceiling, fireplace & abundant natural light. Enjoy an office overlooking the deck w/ arbor. Private master suite opens to multi-level deck w/ beautiful tree top views & a peek of the river. Sizes are approximate subject to error
Unit Size
-
Days on Market
103 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$286
HOA Dues
$750
Year Built
1988

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: 11 months ago (Indian River #137008)

Price History

Date / Event Date Event Price
Aug 27, 2013 Sold
Premium
Sold
May 4, 2013 Listed by Treasure Coast Sotheby's Intl $414,000
Listed by Treasure Coast Sotheby's Intl
May 8, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 538
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,121
  • Lot Size Frontage Feet: 721
  • Total Building Area: 2,921
  • Gross Building Area: 2,921
  • Building Area: 2,383
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,383
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ATLANTIS SUBDIVISION
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: ATLANTIS SUBDIVISION LOT 4 PBI 11-95 & 95A

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050509

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 33-40-27-00022-0000-00004.0
  • Lot: 4
  • Meridian: SEC 27 TWN 33S RNG 40E
  • Municipality: UNINCORPORATED
  • Latitude: 27.5785
  • Longitude: -80.3294

    Address

  • Full Address: 1325 Poseidon Pt
  • Address - House Number: 1325
  • Address - Street Name: Poseidon
  • Address - Suffix Type: Pt
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R002
  • 4-Digit Zip Code: 3144
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 2,553
  • Tax Year: 2022
  • Tax Amount: $302,261
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 1,095,484
  • High Value: 1,322,352
  • Low Value: 868,615

    Market Valuation

  • Market Total Value: $487,623
  • Market Land Value: $223,077
  • Market Improvement Value: $264,546

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $244,309

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2013
  • Current Sale Recording Date: Aug 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120130055592
  • Previous Sale Recording Date: May 08, 2001
  • Previous Sale Contract Date: May 04, 2001
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 71
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:

$962,000

Sale Price/ft²

$467

Below Asking

0.03%

Average Days on Market

95

Average Home Size

2720 ft²

Average Home Age

39.9 years

Currently For Sale

61 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 300 Harbour Drive, Vero Beach, FL, 32963

$10,000 /mo

  • 2 Beds
  • 2 Baths
  • 2,100 ft²
300 Harbour Drive #106B, Vero Beach, FL, 32963 Listing by Marsha M Sherry
Unit for rent at 1815 Mooringline Drive, Vero Beach, FL, 32963

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,880 ft²
1815 Mooringline Drive #2E, Vero Beach, FL, 32963 Listing by Abigail Vollmann

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Mike Thorpe, Treasure Coast Sotheby's Intl
Last Updated: 11 months ago
Data Source: RAIRC, MLS# 137008
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 1325 Poseidon Point built and last sold?
The property at 1325 Poseidon Point was built in 1988 and last sold on Aug 10, 2013 for $370,000.
How much is this home worth?
The estimated value of the home located at 1325 Poseidon Point is $0.
What are some comparable homes to 1325 Poseidon Point?
There are currently no comparable homes to 1325 Poseidon Point.
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