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Indian River 32966
3920 58th Circle
$405,000
● House - Off Market

3920 58th Circle

Vero Beach, FL 32966
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,969 Ft²
$2,266
Est. Monthly
$58
HOA / Fees
7.31%
Cap Rate

About This Property

Opportunity awaits in this 3BR/2BA pool home with a den and a 2 car garage! Enjoy very private water views, mature landscaping, and a screened pool perfect for relaxing. Roof 2019, repipe 2022. Inside offers a blank canvas to make it your own. Located in a non-gated community of unique homes with low HOA and a central location close to shops, dining, and more. Sizes are approx-subj to error.
Unit Size
1,969 Ft²
Days on Market
66 days
Land Size
-
Price per sqft
$208
Property Type
House
Property Taxes
$194
HOA Dues
$58
Year Built
2000

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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: 12 months ago (Indian River #290982)

Price History

Date / Event Date Event Price
Nov 14, 2025 Sold
Premium
Sold
Sep 30, 2025 In contract -
In contract
Sep 9, 2025 Listed by Dale Sorensen Real Estate Inc. $410,000
Listed by Dale Sorensen Real Estate Inc.
May 21, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • 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: 5
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 674
  • Total Building Area: 2,475
  • Gross Building Area: 2,625
  • Building Area: 1,969
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,969
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SYLVAN LAKES SUBDIVISION
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SYLVAN LAKES SUB LOT 59 PBI 13-17

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050811

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 32-39-29-00008-0000-00059.0
  • Lot: 59
  • Meridian: SEC 29 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6651
  • Longitude: -80.4478

    Address

  • Full Address: 3920 58th Cir
  • Address - House Number: 3920
  • Address - Street Name: 58th
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R016
  • 4-Digit Zip Code: 6522
  • Zip Code: 32966

Valuation

    Tax

  • Total Area: 2,301
  • Tax Year: 2022
  • Tax Amount: $221,437
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 462,679
  • High Value: 549,814
  • Low Value: 375,544

    Market Valuation

  • Market Total Value: $299,600
  • Market Land Value: $36,780
  • Market Improvement Value: $262,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,655

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2002
  • Current Sale Recording Date: May 21, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 21, 2002
  • Previous Sale Contract Date: May 21, 2002
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

83

Average Home Size

1965 ft²

Average Home Age

28.6 years

Currently For Sale

1738 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 2622 57th Circle, Vero Beach, FL, 32966

$2,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,700 ft²
2622 57th Circle #2262, Vero Beach, FL, 32966 Listing by Lorena K Santoro

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Kimberly A Taylor, Dale Sorensen Real Estate Inc.
Last Updated: 12 months ago
Data Source: RAIRC, MLS# 290982
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 3920 58th Circle built and last sold?
The property at 3920 58th Circle was built in 2000 and last sold on May 21, 2002 for $210,000.
How much is this home worth?
The estimated value of the home located at 3920 58th Circle is $0.
What are some comparable homes to 3920 58th Circle?
There are currently no comparable homes to 3920 58th Circle.
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