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Vero Beach 32960
3175 11th
$265,000
● House - Off Market

3175 11th

Vero Beach, FL 32960
bedrooms
4 Beds
bathrooms
2 Baths
$444,897
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

One Street gated community in desirable Vero Beach Country Club area. This 4 bedroom 2 bath concrete block home features volume and cathedral ceilings, split plan with hickory wood floors in living areas, open floor plan, beautiful custom built wall unit, new A/C and washer and dryer. LOW HOA FEE
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$186
HOA Dues
$450
Year Built
2005

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: 3 years ago (Space Coast MLS #770927)

Price History

Date / Event Date Event Price
Mar 7, 2017 Sold
Premium
Sold
Feb 3, 2017 Sold
Premium
Sold
Dec 7, 2016 Listed by Sea Turtle Real Estate, LLC $270,000
Listed by Sea Turtle Real Estate, LLC
Apr 1, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,465
  • Lot Size Frontage Feet: 885
  • Total Building Area: 2,296
  • Gross Building Area: 2,486
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOMERSET SUBDIVISION
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SOMERSET SUBDIVISION LOT 5 PBI 15 - 25

Neighborhood

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

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 32-39-36-00016-0000-00005.0
  • Lot: 5
  • Meridian: SEC 36 TWN 32S RNG 39E
  • Municipality: CITY OF VERO BEACH
  • Latitude: 27.6514
  • Longitude: -80.3968

    Address

  • Full Address: 3175 11th Ter
  • Address - House Number: 3175
  • Address - Street Name: 11th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 6937
  • Zip Code: 32960

Valuation

    Tax

  • Total Area: 2,172
  • Tax Year: 2022
  • Tax Amount: $356,959
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 522,871
  • High Value: 614,899
  • Low Value: 430,842

    Market Valuation

  • Market Total Value: $337,078
  • Market Land Value: $76,500
  • Market Improvement Value: $260,578

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $258,315

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2017
  • Current Sale Recording Date: Feb 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120170006030
  • Previous Sale Recording Date: Apr 01, 2010
  • Previous Sale Contract Date: Mar 26, 2010
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$331

Below Asking

0.04%

Average Days on Market

95

Average Home Size

1974 ft²

Average Home Age

46.5 years

Currently For Sale

188 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 2800 Indian River Boulevard, FL, 32960

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
2800 Indian River Boulevard #1, FL, 32960 Listing by Peter G Robinson
Unit for rent at 962 E 13th Square, Vero Beach, FL, 32960

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,514 ft²
962 E 13th Square, Vero Beach, FL, 32960 Listing by Magdalena A Zych
Unit for rent at 3105 18th Street, Vero Beach, FL, 32960

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,512 ft²
3105 18th Street, Vero Beach, FL, 32960 Listing by Renato Fernandes Vargas

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Barbara Holt PA, Sea Turtle Real Estate, LLC
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 770927
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 3175 11th Terrace built and last sold?
The property at 3175 11th Terrace was built in 2005 and last sold on Jan 26, 2017 for $265,000.
How much is this home worth?
The estimated value of the home located at 3175 11th Terrace is $272,700.
What are some comparable homes to 3175 11th Terrace?
There are currently no comparable homes to 3175 11th Terrace.
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