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Vero Beach 32963
4604 Sunset Drive
$1,250,000
● House - Off Market

4604 Sunset Drive

Vero Beach, FL 32963
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,252 Ft²
$8,229
Est. Monthly
1.26%
Cap Rate

About This Property

Custom-built courtyard home offering an additional 1,200 sq ft of outdoor living with pool, outdoor kitchen, fireplace, and two-room guesthouse with kitchen. Private beach access. Chef's kitchen with Wolf gas range, walk-in pantry, and dual ice makers. Two en-suites with his & her baths. Impact windows, new metal roof, new shutters, whole-house generator, 3 A/Cs, smart tankless water heater. OVERSIZED GARAGE WITH commercial grade impact garage door and bonus room.  NO HOA, no compromises. Sizes are approx/subj to error.
Unit Size
3,252 Ft²
Days on Market
149 days
Land Size
-
Price per sqft
$461
Property Type
House
Property Taxes
$868
HOA Dues
-
Year Built
2007

Payment Calculator

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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: 2 years ago (Indian River #287449)

Price History

Date / Event Date Event Price
Sep 17, 2025 Sold
Premium
Sold
Aug 28, 2025 In contract -
In contract
Aug 2, 2025 Relisted $1,499,000
Relisted
Jul 25, 2025 In contract -
In contract
Apr 21, 2025 Listed by Dale Sorensen Real Estate Inc. $1,499,000
Listed by Dale Sorensen Real Estate Inc.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 11
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,202
  • Total Building Area: 3,924
  • Gross Building Area: 3,924
  • Building Area: 3,252
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,252
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BETHEL ISLE UNIT 2 REPLAT
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: BETHEL ISLE UNIT 2 REPLAT BLK 5 LOT 4 PBI 5-33

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050505

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 32-40-29-00005-0050-00004.0
  • Block: 5
  • Lot: 4
  • Meridian: SEC 29 TWN 32S RNG 40E
  • Municipality: CITY OF VERO BEACH
  • Latitude: 27.6686
  • Longitude: -80.3641

    Address

  • Full Address: 4604 Sunset Dr
  • Legal Unit: 2
  • Address - House Number: 4604
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C006
  • 4-Digit Zip Code: 1218
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 4,078
  • Tax Year: 2022
  • Tax Amount: $959,169
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.0802
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 1,805,778
  • High Value: 1,950,755
  • Low Value: 1,660,801

    Market Valuation

  • Market Total Value: $916,906
  • Market Land Value: $371,775
  • Market Improvement Value: $545,131

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $646,054

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2017
  • Current Sale Recording Date: Sep 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120170054288
  • Previous Sale Recording Date: Jun 01, 2001
  • Previous Sale Contract Date: May 30, 2001
  • Previous Sale Amount: $35,000
  • 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 Vero Beach

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$333

Below Asking

0.04%

Average Days on Market

94

Average Home Size

1959 ft²

Average Home Age

47.5 years

Currently For Sale

206 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 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: Cathy Curley, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 287449
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 4604 Sunset Drive built and last sold?
The property at 4604 Sunset Drive was built in 2007 and last sold on Sep 8, 2017 for $740,000.
How much is this home worth?
The estimated value of the home located at 4604 Sunset Drive is $0.
What are some comparable homes to 4604 Sunset Drive?
There are currently no comparable homes to 4604 Sunset Drive.
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