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Gifford 32967
2126 Falls Circle
$945,000
● House - Off Market

2126 Falls Circle

Vero Beach, FL 32967
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,064 Ft²
$6,251
Est. Monthly
$559
HOA / Fees
0.79%
Cap Rate

About This Property

Sought after Grand Harbor community, immaculately cared for this elegant home with 2-bedrooms, large den and 2.5 lavishly appointed bathrooms. This residence showcases upscale details, coffered ceilings, impact windows, & modern Control4 technology. Also providing a private pool complete with a cascading waterfall and fire pit nestled within an expansive courtyard & a grand summer kitchen that includes a Lynx grill, 2 burner cooktop & a refrigerator for the most meticulous chef. Bask in the sunlight & savor the tranquil lake views, recognizing this residence as a genuine sanctuary of serenity.
Unit Size
2,064 Ft²
Days on Market
186 days
Land Size
-
Price per sqft
$484
Property Type
House
Property Taxes
$786
HOA Dues
$559
Year Built
2017

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: 2 years ago (Indian River #277815)

Price History

Date / Event Date Event Price
Nov 1, 2024 Sold
Premium
Sold
Oct 6, 2024 In contract -
In contract
Apr 29, 2024 Listed by One Sotheby's Int'l Realty $999,000
Listed by One Sotheby's Int'l Realty
Nov 18, 2022 Sold
Premium
Sold
Jun 1, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • 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: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,602
  • Lot Size Frontage Feet: 687
  • Total Building Area: 2,526
  • Gross Building Area: 2,526
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAND HARBOR PLAT 31
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: GRAND HARBOR PLAT 31 LOT 43 PBI 27-24

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050305

Zoning

  • Zoning: RM-8

Geography

  • Parcel: 32-39-23-00028-0000-00043.0
  • Lot: 43
  • Meridian: SEC 23 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6802
  • Longitude: -80.4046

    Address

  • Full Address: 2126 Falls Cir
  • Address - House Number: 2126
  • Address - Street Name: Falls
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 7056
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $706,685
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 1,006,962
  • High Value: 1,087,444
  • Low Value: 926,479

    Market Valuation

  • Market Total Value: $493,302
  • Market Land Value: $72,250
  • Market Improvement Value: $421,052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $493,302
  • Assessed Land Value: $72,250
  • Assessed Improvements Value: $421,052

    Sales

  • Current Sale Contract Date: Nov 14, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 67658
  • Previous Sale Recording Date: Jun 01, 2017
  • Previous Sale Contract Date: May 30, 2017
  • Previous Sale Amount: $656,600
  • Previous Sale Document Type: 68
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 Gifford

Stats & Trends

Median Asking:

$462,500

Sale Price/ft²

$275

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1887 ft²

Average Home Age

23.2 years

Currently For Sale

145 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 1590 S 42nd Circle, Vero Beach, FL, 32967

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,329 ft²
1590 S 42nd Circle #101, Vero Beach, FL, 32967 Listing by Karen S Londos

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Vanessa Bynum, One Sotheby's Int'l Realty
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 277815
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 2126 Falls Circle built and last sold?
The property at 2126 Falls Circle was built in 2017 and last sold on Nov 14, 2022 for $860,000.
How much is this home worth?
The estimated value of the home located at 2126 Falls Circle is $0.
What are some comparable homes to 2126 Falls Circle?
There are currently no comparable homes to 2126 Falls Circle.
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