36
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$9,000,000
↓ $1M (10%)
●
House -
For Sale
3632 Ocean Drive
Vero Beach, FL 32963
5 Beds
6 Baths,
2
Half Baths
5,458 Ft²
$49,667
Est. Monthly
-0.02%
Cap Rate
About This Property
Oceanfront Central Vero Beach! An exquisite fusion of Mediterranean
& Caribbean architecture & flair, designed & built in 2015. Enter a
long-covered colonnade that spans the garden, pool & summer
kitchen. Double arched front door with a fanlight offers an elegant
and light filled foyer. Natural Shellock tiles on all outside
patios, walkways and stairs. Tile and wood graces the floors.
Mahagony built-in bookcases and floors, distinguish the
library/den/music room with warmth. Upstairs primary bedroom with
covered balcony and his and hers baths and closets. 3 car ac'd
garage. Walk to shops.
Unit Size
5,458 Ft²
Days on Market
372 days
Land Size
-
Price per sqft
$1,649
Property Type
House
Property Taxes
$5,475
HOA Dues
-
Year Built
2015
Listed By
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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: 8 days ago (Indian River #291534)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2026 | Price Decreased |
$9,000,000
↓ $1M
(10%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed by One Sotheby's Int'l Realty | $10,000,000 | |
| Listed by One Sotheby's Int'l Realty | |||
| Jul 6, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Apr 7, 2025 | Listed by One Sotheby's Int'l Realty | $10,500,000 | |
| Listed by One Sotheby's Int'l Realty | |||
| | |||
|
Oceanfront Central Beach home built 2015 to latest hurricane code, one owner. Exquisite ocean views throughout. Fusion of Mediterranean & Caribbean architecture. Enter through a long-covered colonnade spanning garden, pool, summer kitchen & exquisite ocean view. Double arched front doors with fanlight, elegant & light filled foyer. Natural Shell pavers on all patios, walkways & stairs. Lg rms throughout this 5 bed, 6 full baths & 2 half baths home. Living area boosts marble & wood floors & mahogany built-in bookcases. Large primary bedroom w/covered oceanfront balcony. A must-see Sizes approx.
| |||
| Jul 7, 2011 | Sold | ||
| Sold | |||
Property Highlights
Garage
Elevator
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached, Garage, Garage Door Opener, Paver Block, AirConditionedGarage, ThreeCarGarage, ThreeOrMoreSpaces
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 6
Interior Features: Built-in Features, Crown Molding, Elevator, High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum, ClosetCabinetry, FrenchDoorsAtriumDoors
Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Solar Hot Water, Water Purifier, Washer, BuiltInOven
Flooring Type: Tile, Wood
Door Features: French Doors
Laundry Features: Lower Level, Laundry Room, In Unit, LaundryTub
Rooms: 9
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 5458
Square Footage Source: $0
Security Features: Closed Circuit Camera(s), Gated Community
Architectural Style: TwoStory
Year Built: 2015
Waterfront Features: Ocean Access, Ocean Front
Levels: Two
Window Features: Blinds, Window Treatments
Construction Materials: Block, Concrete
Patio and Porch Features: Covered, Porch
Pool Features: Fenced, Electric Heat, Heated, Private, Pool
Pool is Private
Lot Features: HalfToOneAcreLot
Lot Size Units: Acres
Lot Size Dimensions: 75X335
Tax Lot: 10
Water Source: Public
Financial Details
Tax Assessed Value: $4,041,139
Tax Annual Amount: $65,700
Utilities Details
Cooling Type: Central Air, ThreeOrMoreUnits
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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: Janice Beth Jolly, One Sotheby's Int'l Realty
Last Updated: 8 days ago
Data Source: RAIRC, MLS# 291534
Last Updated: 8 days ago
Data Source: RAIRC, MLS# 291534
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