36
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$3,850,000
●
House -
For Sale
4324 Diamond Shores Way
Hutchinson Island, FL 32963
4 Beds
5 Baths,
1
Half Bath
3,911 Ft²
$19,424
Est. Monthly
$519
HOA / Fees
About This Property
Skip the 2yr build at Diamond Shores, this oceanfront home is
move-in ready now, plus it has the upgrades most buyers wait yrs to
add. Wake up to a secluded beachfront w/coffee on the terrace, head
down to the sand, & finish the day w/a dip in the heated pool. The
owner didn't stop at the builder's spec: waterfall quartz island &
custom pantry anchors a kitchen blt for hosting, fireplace & LED
tray ceiling lighting set the mood in the living space, epoxy
garage flr, & outdoor shower for rinsing off after the beach.
Includes solar panels & Tesla charger that are no longer offered by
the builder
Unit Size
3,911 Ft²
Days on Market
26 days
Land Size
0.11 acres
Price per sqft
$984
Property Type
House
Property Taxes
-
HOA Dues
$519
Year Built
-
Listed By
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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: 22 days ago (Indian River #299489)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Listed by Compass Florida LLC | $3,850,000 | |
| Listed by Compass Florida LLC | |||
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | Sold | ||
| Sold | |||
| Jun 28, 2023 | No longer available | - | |
| No longer available | |||
| May 16, 2023 | Price Increased |
$3,750,000
↑ $150K
(4.2%) | |
| Price Increased | |||
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Property Highlights
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener, ThreeCarGarage, ThreeOrMoreSpaces
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Wet Bar, Elevator, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Wine Cooler, Washer, BuiltInOven
Flooring Type: Tile, Wood
Door Features: Sliding Doors
Laundry Features: Laundry Room, LaundryTub
Rooms: 11
Exterior Details
Square Footage: 3911
Square Footage Source: $0
Security Features: Gated Community
Architectural Style: ThreeStory
Year Built: 2023
Waterfront Features: Ocean Access, Ocean Front, IntracoastalAccess
Levels: Three Or More
Other Structures: Cabana
Window Features: Tinted Windows, None
Construction Materials: Block, Concrete
Patio and Porch Features: Covered, Deck, Patio, Porch
Pool Features: Gas Heat, Heated, Private, Pool
Pool is Private
Lot Features: LessThanQuarterAcre
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Lot Size Dimensions: 42x125
Tax Lot: 13
Water Source: Public
Financial Details
Tax Assessed Value: $429,429
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), ThreeOrMoreUnits
Heating Type: Central, Electric
Sewer : CountySewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, CommonAreas
HOA/Condo/Coop Amenities: DuesPaidMonthly
HOA Fee: $519
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Vero Beach
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Listed by: Sven Frisell, Compass Florida LLC
Last Updated: 22 days ago
Data Source: RAIRC, MLS# 299489
Last Updated: 22 days ago
Data Source: RAIRC, MLS# 299489
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