25
Map
$513,000
●
Condo -
Off Market
3500 Ocean Drive #310
Vero Beach, FL 32963
2 Beds
2 Baths
1,210 Ft²
$5,705
Est. Monthly
$2,445
HOA / Fees
About This Property
Two separate 1Br/1Ba condos in the Kimpton Vero Beach Hotel & Spa.
Double the potential rental with both condos being rented
separately. Each condo has ocean & Pool views. Fully furnished with
2 queen beds, 1 king bed, family room, balconies. Enjoy all the
ammenities including, heated pool/spa, fitness center, 2
restuarants, Medi-spa, valet, all this on beautiful downtown Ocean
Drive! Walk to boutique shops, art galleries, restaurants/bars.
Pet friendly too!
Unit Size
1,210 Ft²
Days on Market
88 days
Land Size
-
Price per sqft
$455
Property Type
Condo
Property Taxes
$559
HOA Dues
$2,445
Year Built
2006
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Cap Rate Calculator
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Operating Profit Per Year
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: 8 months ago (Beaches MLS #R11147825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Price Decreased |
$550,000
↓ $35K
(6%) | |
| Price Decreased | |||
| Jan 28, 2026 | Price Decreased |
$584,900
↓ $30K
(4.9%) | |
| Price Decreased | |||
| Dec 15, 2025 | Listed by One Sotheby's Int'l Realty | $615,000 | |
| Listed by One Sotheby's Int'l Realty | |||
Property Highlights
Parking Available
Garage
Elevator
Doorman
Air Conditioning
Parking Details
Parking Features: Garage
Interior Details
Full Bathrooms: 2
Interior Features: Wet Bar, Entrance Foyer, Soaking Tub, Bathtub, LivingDiningRoom, SeparateShower
Appliances: Microwave, Refrigerator
Rooms: 4
Exterior Details
Has Property Attached
Square Footage: 1210
Security Features: Security System, Fire Alarm, Key Card Entry, Smoke Detector(s), Security Lights, LobbySecured
Property Condition: Resale
Year Built: 2006
Waterfront Features: Ocean Access, Ocean Front
Building Area Total: 1210
Construction Materials: Metal Siding
Patio and Porch Features: Covered, Balcony
Pool Features: In Ground, Association
Water Source: Public
Financial Details
Tax Annual Amount: $6,708
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Electricity, Water, Insurance, Sewer, Trash, CommonAreas
HOA/Condo/Coop Amenities: Beach Rights, Beach Access, Elevator(s), Fitness Center, Pool, Parking, Spa/Hot Tub, Restaurant
HOA Fee: $2,445
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/20/2026
|
2 Bed
|
2 Bath
|
1745 ft²
|
$1,450,000
2 Bed
2 Bath
1745 ft²
|
-
-
|
Sheryl S Brown
One Sotheby's Int'l Realty
| |
|
10/15/2026
|
3 Bed
|
3 Bath
|
1630 ft²
|
$1,495,000
3 Bed
3 Bath
1630 ft²
|
-
-
|
Sheryl S Brown
One Sotheby's Int'l Realty
| |
|
10/15/2026
|
2 Bed
|
2 Bath
|
1749 ft²
|
$1,395,000
2 Bed
2 Bath
1749 ft²
|
-
-
|
Sheryl S Brown
One Sotheby's Int'l Realty
| |
|
12/15/2025
|
2 Bed
|
2 Bath
|
1210 ft²
|
$615,000
2 Bed
2 Bath
1210 ft²
|
$513,000
-16.59%
03/13/2026
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
05/27/2024
| |
2 Bed
|
1 Bath
|
745 ft²
|
$489,000
2 Bed
1 Bath
745 ft²
|
-
-
|
Eddie Branigan
Engel & Völkers Vero Beach
|
|
04/19/2024
|
Loft
|
-
|
-
|
$4,250,000
Loft
-
|
-
-
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
03/19/2024
|
3 Bed
|
2 Bath
|
1415 ft²
|
$615,000
3 Bed
2 Bath
1415 ft²
|
$607,000
-1.30%
06/07/2024
|
Jose Marrero
RE/MAX Town Centre
| |
|
01/13/2024
|
1 Bed
|
1 Bath
|
585 ft²
|
$435,000
1 Bed
1 Bath
585 ft²
|
$390,000
-10.34%
05/29/2025
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
08/23/2023
|
2 Bed
|
2 Bath
|
1150 ft²
|
$850,000
2 Bed
2 Bath
1150 ft²
|
$810,000
-4.71%
11/15/2023
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
03/15/2023
|
2 Bed
|
2 Bath
|
1745 ft²
|
$1,175,000
2 Bed
2 Bath
1745 ft²
|
$1,175,000
08/09/2023
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
01/03/2022
|
1 Bed
|
1 Bath
|
565 ft²
|
$379,900
1 Bed
1 Bath
565 ft²
|
$350,000
-7.87%
01/03/2022
|
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
| |
|
05/06/2020
|
2 Bed
|
2 Bath
|
-
|
$700,000
2 Bed
2 Bath
|
-
-
|
Joseph P Schlitt
Keller Williams Realty of VB
| |
|
01/16/2020
|
2 Bed
|
1 Bath
|
-
|
$350,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
11/26/2019
|
2 Bed
|
1 Bath
|
-
|
$299,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
07/31/2017
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
|
01/02/2015
|
Loft
|
2 Bath
|
-
|
$795,000
Loft
2 Bath
|
-
-
|
Matilde Sorensen
Dale Sorensen Real Estate Inc.
| |
|
03/15/2013
|
Loft
|
2 Bath
|
-
|
$350,000
Loft
2 Bath
|
$335,000
-4.29%
01/28/2015
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
09/07/2012
|
1 Bed
|
1 Bath
|
-
|
$239,999
1 Bed
1 Bath
|
$205,000
-14.58%
10/04/2012
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
07/30/2012
|
2 Bed
|
2 Bath
|
-
|
$330,000
2 Bed
2 Bath
|
$290,000
-12.12%
02/21/2013
|
Stuart Kennedy
Alex MacWilliam, Inc.
| |
|
07/30/2012
|
2 Bed
|
2 Bath
|
-
|
$275,000
2 Bed
2 Bath
|
$250,000
-9.09%
03/08/2013
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
07/05/2012
|
2 Bed
|
3 Bath
|
-
|
$434,900
2 Bed
3 Bath
|
$420,000
-3.43%
12/12/2012
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
06/09/2012
|
2 Bed
|
1 Bath
|
-
|
$235,000
2 Bed
1 Bath
|
$220,000
-6.38%
05/09/2013
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
04/18/2012
|
1 Bed
|
1 Bath
|
-
|
$250,000
1 Bed
1 Bath
|
$235,000
-6.00%
09/17/2012
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
03/16/2012
|
2 Bed
|
3 Bath
|
-
|
$365,000
2 Bed
3 Bath
|
$356,000
-2.47%
03/27/2014
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
03/16/2012
|
2 Bed
|
2 Bath
|
-
|
$247,500
2 Bed
2 Bath
|
$240,000
-3.03%
01/21/2014
|
Sherry Brown
One Sotheby's Int'l Realty
| |
|
03/13/2012
|
2 Bed
|
1 Bath
|
-
|
$258,000
2 Bed
1 Bath
|
$235,000
-8.91%
07/02/2012
|
Sherry Brown
One Sotheby's Int'l Realty
|
Building Info
About Vero Beach
Similar Homes for Sale
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$2,900 /mo
- 3 Beds
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- 1,614 ft²
$2,450 /mo
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- 2 Baths
- 1,130 ft²
Listed by: Sheryl S Brown
One Sotheby's Int'l Realty
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R11147825
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
One Sotheby's Int'l Realty
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R11147825
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