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Vero Beach South 32968
136 39th Drive
$330,000
● House - Off Market

136 39th Drive

Vero Beach, FL 32968
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,895 Ft²
$1,969
Est. Monthly
$25
HOA / Fees
7.23%
Cap Rate

About This Property

Wonderful Woodlands! Fabulous 3/2 pool home in move-in condition. Lovely community in the heart of Vero Beach. No large HOA, only 25 monthly. Light open plan, high ceilings, fabulous screened pool patio. Pool in as is condition, priced to sell! Sizes approx./subject to error.
Unit Size
1,895 Ft²
Days on Market
110 days
Land Size
-
Price per sqft
$193
Property Type
House
Property Taxes
$151
HOA Dues
$25
Year Built
1989

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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: 2 years ago (Indian River #286576)

Price History

Date / Event Date Event Price
Jul 8, 2025 Sold
Premium
Sold
Jun 21, 2025 In contract -
In contract
May 6, 2025 Price Decreased $365,000
↓ $34K (8.5%)
Price Decreased
Mar 20, 2025 Listed by Dale Sorensen Real Estate Inc. $399,000
Listed by Dale Sorensen Real Estate Inc.
Dec 31, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,325
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,335
  • Gross Building Area: 2,335
  • Building Area: 1,895
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,895
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLANDS
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: WOODLANDS SUBDIVISION BLK C LOT 10 PBI 12-49

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050706

Zoning

  • Zoning: RS-6

Geography

  • Parcel: 33-39-15-00021-0003-00010.0
  • Block: C
  • Lot: 10
  • Meridian: SEC 15 TWN 33S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6043
  • Longitude: -80.4266

    Address

  • Full Address: 136 39th Dr
  • Address - House Number: 136
  • Address - Street Name: 39th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R030
  • 4-Digit Zip Code: 2423
  • Zip Code: 32968

Valuation

    Tax

  • Total Area: 2,121
  • Tax Year: 2022
  • Tax Amount: $166,916
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 459,809
  • High Value: 546,403
  • Low Value: 373,215

    Market Valuation

  • Market Total Value: $311,633
  • Market Land Value: $32,241
  • Market Improvement Value: $279,392

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $146,284

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2001
  • Current Sale Recording Date: Dec 31, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 16, 1998
  • Previous Sale Contract Date: Jan 15, 1998
  • Previous Sale Amount: $137,000
  • 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 Vero Beach South

Stats & Trends

Median Asking:

$333,900

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1661 ft²

Average Home Age

36.2 years

Currently For Sale

176 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 2005 5th Street, Vero Beach, FL, 32962

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,151 ft²
2005 5th Street, Vero Beach, FL, 32962 Listing by Sandra Ballantyne

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Stacey Lynn Morabito, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 286576
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 136 39th Drive built and last sold?
The property at 136 39th Drive was built in 1989 and last sold on Dec 3, 2001 for $157,000.
How much is this home worth?
The estimated value of the home located at 136 39th Drive is $0.
What are some comparable homes to 136 39th Drive?
There are currently no comparable homes to 136 39th Drive.
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