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Indian River Shores 32963
370 Indian Harbor Road
$7,400,000
● House - Off Market

370 Indian Harbor Road

Vero Beach, FL 32963
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,211 Ft²
$41,840
Est. Monthly
$270
HOA / Fees
-0.44%
Cap Rate

About This Property

John's Island! Nestled serenely along the lush fairways of the North Course, this exquisite  residence offers a harmonious blend of sophistication and comfort. The living and dining area serves as the heart of the home, boasting a series of French doors that seamlessly merge indoor and outdoor living.Step out onto the verandah, complete with fireplace and sparkling lap pool. Situated on 0.43 ac this residence is the epitome of luxury living. Impeccably styled, meticulously crafted, and thoughtfully appointed, it offers an unparalleled lifestyle experience. Spectacular Moulton Layne design
Unit Size
5,211 Ft²
Days on Market
227 days
Land Size
0.43 acres
Price per sqft
$1,439
Property Type
House
Property Taxes
$4,743
HOA Dues
$270
Year Built
2009

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #277384)

Price History

Date / Event Date Event Price
Nov 26, 2024 Sold
Premium
Sold
Apr 13, 2024 Listed by Douglas Elliman Florida LLC $7,500,000
Listed by Douglas Elliman Florida LLC
Oct 6, 2020 Sold
Premium
Sold
Apr 20, 2012 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 4,453
  • Gross Building Area: 4,453
  • Building Area: 3,878
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,878
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHNS ISLAND PLAT 4
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: JOHNS ISLAND PLAT 4 LOT 428 PBI 8-62B

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050507

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 32-39-01-00002-0000-00428.0
  • Lot: 428
  • Meridian: SEC 01 TWN 32S RNG 39E
  • Municipality: TOWN OF INDIAN RIVER SHORES
  • Latitude: 27.7208
  • Longitude: -80.3838

    Address

  • Full Address: 370 Indian Harbor Rd
  • Address - House Number: 370
  • Address - Street Name: Indian Harbor
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 3509
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 4,579
  • Tax Year: 2022
  • Tax Amount: $4,497,569
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 5,671,729
  • High Value: 6,775,431
  • Low Value: 4,568,028

    Market Valuation

  • Market Total Value: $4,161,646
  • Market Land Value: $1,445,000
  • Market Improvement Value: $2,716,646

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,161,646
  • Assessed Land Value: $1,445,000
  • Assessed Improvements Value: $2,716,646

    Sales

  • Current Sale Contract Date: Oct 05, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120200059640
  • Previous Sale Recording Date: Apr 20, 2012
  • Previous Sale Contract Date: Apr 12, 2012
  • Previous Sale Amount: $2,300,000
  • Previous Sale Document Type: 71
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 Indian River Shores

Stats & Trends

Median Asking:

$1,322,500

Sale Price/ft²

$479

Below Asking

0.04%

Average Days on Market

107

Average Home Size

2726 ft²

Average Home Age

34.5 years

Currently For Sale

85 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

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RAIRC

Listed by: Michael T Merrill, Douglas Elliman Florida LLC
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 277384
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 370 Indian Harbor Road built and last sold?
The property at 370 Indian Harbor Road was built in 2009 and last sold on Oct 5, 2020 for $3,725,000.
How much is this home worth?
The estimated value of the home located at 370 Indian Harbor Road is $0.
What are some comparable homes to 370 Indian Harbor Road?
There are currently no comparable homes to 370 Indian Harbor Road.
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