by Global Lifestyle Properties
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Indian River 32967
4580 59th Drive
$349,000
● House - Off Market

4580 59th Drive

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$349,585
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to the quiet gated community of Emerald Estates! This home offers 3 bedrooms & 2 baths built in 2005 and is located across from the community's large lake. A/C & hot water heater 2022, new dishwasher, refrigerator 2021, repipe 2022.
Unit Size
1,700 Ft²
Days on Market
91 days
Land Size
0.28 acres
Price per sqft
$205
Property Type
House
Property Taxes
$14
HOA Dues
$19
Year Built
2005

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 months ago (Beaches MLS #R10877490)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
Mar 25, 2023 Listed by Berkshire Hathaway Florida $349,000
Listed by Berkshire Hathaway Florida
Dec 13, 2017 Sold
Premium
Sold
Aug 25, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 6
  • Construction Type: 12
  • Building Style: 25
  • 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: 420
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,120
  • Gross Building Area: 2,120
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD ESTATES SUB
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: EMERALD ESTATES SUB LOT 35 PBI 17-5

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 32-39-20-00004-0000-00035.0
  • Lot: 35
  • Meridian: SEC 20 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6771
  • Longitude: -80.4497

    Address

  • Full Address: 4580 59th Dr
  • Address - House Number: 4580
  • Address - Street Name: 59th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R036
  • 4-Digit Zip Code: 6167
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 1,968
  • Tax Year: 2022
  • Tax Amount: $16,899
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.0802
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 94
  • Final Value: 338,067
  • High Value: 365,209
  • Low Value: 310,926

    Market Valuation

  • Market Total Value: $257,601
  • Market Land Value: $25,500
  • Market Improvement Value: $232,101

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $191,112

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33344
  • Previous Sale Recording Date: Dec 13, 2017
  • Previous Sale Contract Date: Dec 12, 2017
  • Previous Sale Amount: $76,000
  • 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

Stats & Trends

Median Asking:

$390,000

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1959 ft²

Average Home Age

28.5 years

Currently For Sale

1699 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 6354 Astor Place, Vero Beach, FL, 32966

$3,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,510 ft²
6354 Astor Place, Vero Beach, FL, 32966 Listing by Angie Neris
Unit for rent at 4819 51st Court, Vero Beach, FL, 32967

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
4819 51st Court, Vero Beach, FL, 32967 Listing by Rhonda L Beasley

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Michelle T Clarke
Berkshire Hathaway Florida
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10877490
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 4580 59th Drive built and last sold?
The property at 4580 59th Drive was built in 2005 and last sold on Jun 27, 2023 for $349,000.
How much is this home worth?
The estimated value of the home located at 4580 59th Drive is $0.
What are some comparable homes to 4580 59th Drive?
There are currently no comparable homes to 4580 59th Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Vero Beach Homes for Sale
Vero Beach Houses for Sale
Vero Beach Condos for Sale
Vero Beach Townhouses for Sale
Vero Beach Multifamily for Sale
Vero Beach Land for Sale
Vero Beach Commercial for Sale
Vero Beach Homes with Basements
Nearby Cities
Palm Bay Homes for Sale
Port St. Lucie Homes for Sale
Melbourne Homes for Sale
West Melbourne Homes for Sale
Sebastian Homes for Sale
Micco Homes for Sale
Fort Pierce Homes for Sale
Florida Ridge Homes for Sale
Nearby Property Records
Indian River County, FL Property Records
St. Lucie County, FL Property Records
Okeechobee County, FL Property Records
Martin County, FL Property Records
Brevard County, FL Property Records
Osceola County, FL Property Records
Highlands County, FL Property Records
Glades County, FL Property Records
Neighborhoods
Barefoot Bay Real Estate
Port Malabar Country Club Real Estate
South Beach Real Estate
The Reserve Real Estate
Indialantic by The Sea Real Estate
Bowe Gardens Real Estate
Aquarina Real Estate
Indian River Estates Real Estate
Nearby Counties
Palm Bay Homes for Sale
Melbourne Homes for Sale
Port St. Lucie Homes for Sale
Fort Pierce Homes for Sale
Malabar Homes for Sale
Fellsmere Homes for Sale
Hutchinson Island Homes for Sale
Melbourne Shores-Floridana Beach Homes for Sale
Top Real Estate Agents
Top Agents in Vero Beach
Top Agents in Palm Bay
Top Agents in Palm Bay
Top Agents in Melbourne
Top Agents in Port St. Lucie
Top Agents in Port St. Lucie
Top Agents in Melbourne
Top Agents in 32909