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Gifford 32967
4160 E 16th Square
$440,000
● House - Off Market

4160 E 16th Square

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,716 Ft²
$3,131
Est. Monthly
$315
HOA / Fees
4.30%
Cap Rate

About This Property

Discover this charming home in the small, friendly neighborhood of Casa Bella! Flanked by million-dollar residences, it is just seven minutes from the beach, shopping, and dining! This home offers the perfect blend of convenience and tranquility. Inside, enjoy spacious open living areas and a practical split bedroom layout. The yard and common area are maintained by the association, so you can be certain your property always has great curb appeal!  Outside, a private paved patio provides a perfect retreat.  Don't miss this rare opportunity!
Unit Size
1,716 Ft²
Days on Market
60 days
Land Size
0.14 acres
Price per sqft
$277
Property Type
House
Property Taxes
$483
HOA Dues
$315
Year Built
2003

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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 (Indian River #280235)

Price History

Date / Event Date Event Price
Sep 30, 2024 Sold
Premium
Sold
Aug 1, 2024 Listed by Engel & Voelkers Vero Beach $475,000
Listed by Engel & Voelkers Vero Beach
Oct 30, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 25
  • 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: 5
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 11
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,053
  • Lot Size Frontage Feet: 582
  • Total Building Area: 2,178
  • Gross Building Area: 2,178
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASA BELLA OF VERO BEACH
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: CASA BELLA OF VERO BEACH LOT 30 OF CASA BELLA OF VERO BEACH PER OR 1507 PG 776 A PART OF INDIAN RIVER COURTS PD PH 2 PBI 16-39

Neighborhood

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

Zoning

  • Zoning: RM-8

Geography

  • Parcel: 32-39-26-00013-0000-00030.0
  • Lot: 30
  • Meridian: SEC 26 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6689
  • Longitude: -80.3991

    Address

  • Full Address: 4160 E 16th Sq
  • Address - House Number: 4160
  • Street Direction: E
  • Address - Street Name: 16th
  • Address - Suffix Type: Sq
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 8100
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 1,966
  • Tax Year: 2022
  • Tax Amount: $483,879
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 579,765
  • High Value: 688,951
  • Low Value: 470,580

    Market Valuation

  • Market Total Value: $334,457
  • Market Land Value: $42,500
  • Market Improvement Value: $291,957

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $334,457
  • Assessed Land Value: $42,500
  • Assessed Improvements Value: $291,957

    Sales

  • Current Sale Contract Date: Oct 28, 2003
  • Current Sale Recording Date: Oct 30, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 Gifford

Stats & Trends

Median Asking:

$462,500

Sale Price/ft²

$275

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1887 ft²

Average Home Age

23.2 years

Currently For Sale

145 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 101 E Park Shores Circle, Indian River Shores, FL, 32963

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,640 ft²
101 E Park Shores Circle #2W, Indian River Shores, FL, 32963 Listing by Magdalena A Zych
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

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Barbara S Rosenbaum, Engel & Voelkers Vero Beach
Last Updated: 3 years ago
Data Source: RAIRC, MLS# 280235
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 4160 East 16th Square built and last sold?
The property at 4160 East 16th Square was built in 2003 and last sold on Oct 28, 2003 for $244,900.
How much is this home worth?
The estimated value of the home located at 4160 East 16th Square is $478,018.
What are some comparable homes to 4160 East 16th Square?
There are currently no comparable homes to 4160 East 16th Square.
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