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Gifford 32967
4530 40th AVENUE
$65,000
● House - Off Market

4530 40th AVENUE

VERO BEACH, FL 32967
bedrooms
2 Beds
bathrooms
1 Bath
square feet
672 Ft²
$73,236
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

CASH ONLY, not assignable contracts. Great RE Investment opportunity, fixer up ready to be renovated.
Unit Size
672 Ft²
Days on Market
49 days
Land Size
0.20 acres
Price per sqft
$104
Property Type
House
Property Taxes
$56
HOA Dues
-
Year Built
1962

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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: 3 years ago (Stellar MLS #G5060381)

Price History

Date / Event Date Event Price
Oct 27, 2022 Sold
Premium
Sold
Sep 6, 2022 Listed by LA ROSA RTY WINTER GARDEN LLC $69,990
Listed by LA ROSA RTY WINTER GARDEN LLC
Jan 19, 2021 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 17
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 3
  • Garage Square Area: 304
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 672
  • Gross Building Area: 672
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NULL
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SEC 22 TWN 32 S RGE 39 E BEING MORE PART DESC AS FOLL FROM THE SW COR OF SEC 22 RUN S89-59-30E ALONG SEC LINE FOR A DIST OF 995.5 FT TH RUN N00-43-35W FOR A DIST OF 165.12 TO THE POB TH RUN E 100 FT TH N00-43-35W FOR A DIST OF 85 FT TH RUN W 100 FT T

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050303

Zoning

  • Zoning: RS-6

Geography

  • Parcel: 32-39-22-00000-5000-00033.0
  • Meridian: SEC 22 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6757
  • Longitude: -80.4264

    Address

  • Full Address: 4530 40th Ave
  • Address - House Number: 4530
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1184
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 747
  • Tax Year: 2022
  • Tax Amount: $71,109
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 7G

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 72,799
  • High Value: 88,428
  • Low Value: 57,171

    Market Valuation

  • Market Total Value: $37,151
  • Market Land Value: $7,948
  • Market Improvement Value: $29,203

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,151
  • Assessed Land Value: $7,948
  • Assessed Improvements Value: $29,203

    Sales

  • Current Sale Contract Date: Oct 25, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 64078
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Jan 06, 2021
  • Previous Sale Amount: $26,000
  • 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 Gifford

Stats & Trends

Median Asking:

$466,853

Sale Price/ft²

$272

Below Asking

0.03%

Average Days on Market

101

Average Home Size

1867 ft²

Average Home Age

23.9 years

Currently For Sale

132 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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STELLAR

Listed by: Oscar Brea, PA
LA ROSA RTY WINTER GARDEN LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# G5060381
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 4530 40th Avenue built and last sold?
The property at 4530 40th Avenue was built in 1962 and last sold on Oct 25, 2022 for $65,000.
How much is this home worth?
The estimated value of the home located at 4530 40th Avenue is $0.
What are some comparable homes to 4530 40th Avenue?
There are currently no comparable homes to 4530 40th Avenue.
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