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Gifford 32967
4750 50th Drive
$320,000
● House - Off Market

4750 50th Drive

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,603 Ft²
$325,575
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Great opportunity! This 3 bedroom, 2 bathroom home features a split-bedroom floor plan, volume ceilings, separate living and family rooms, an updated kitchen with granite counters and 42'' upper cabinetry, tile flooring throughout, interior laundry room, a 2 car garage, a covered patio, and a large fenced yard.
Unit Size
1,603 Ft²
Days on Market
97 days
Land Size
0.20 acres
Price per sqft
$200
Property Type
House
Property Taxes
$96
HOA Dues
$25
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: 5 months ago (Beaches MLS #R10854694)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Dec 30, 2022 Listed by MV Realty PBC LLC $320,000
Listed by MV Realty PBC LLC
May 21, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 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: 6
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,067
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,065
  • Gross Building Area: 2,281
  • Building Area: 1,603
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,603
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINDSEY LANES SUBDIVISION - PHASE II - A
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LINDSEY LANES PHASE II-A BLK E LOT 9 PBI 16-11

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050304

Zoning

  • Zoning: RS-6

Geography

  • Subdivision Phase Number: 2
  • Parcel: 32-39-21-00006-0005-00009.0
  • Block: E
  • Lot: 9
  • Meridian: SEC 21 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6803
  • Longitude: -80.4383

    Address

  • Full Address: 4750 50th Dr
  • Address - House Number: 4750
  • Address - Street Name: 50th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 0990
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 1,941
  • Tax Year: 2022
  • Tax Amount: $115,253
  • Tax Rate Code Area: 7G

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 340,738
  • High Value: 413,887
  • Low Value: 267,589

    Market Valuation

  • Market Total Value: $212,524
  • Market Land Value: $19,890
  • Market Improvement Value: $192,634

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,455

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21109
  • Previous Sale Recording Date: May 21, 2003
  • Previous Sale Contract Date: May 01, 2003
  • Previous Sale Amount: $129,500
  • 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:

$477,000

Sale Price/ft²

$277

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1849 ft²

Average Home Age

23.6 years

Currently For Sale

141 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

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,510 ft²
6354 Astor Place, Vero Beach, FL, 32966 Listing by Angie Neris
Unit for rent at 4825 47th Court, Vero Beach, FL, 32967

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,593 ft²
4825 47th Court, Vero Beach, FL, 32967 Listing by Cheryl L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Gregory Francis Williams
MV Realty PBC LLC
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10854694
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 4750 50th Drive built and last sold?
The property at 4750 50th Drive was built in 2003 and last sold on Mar 30, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 4750 50th Drive is $327,992.
What are some comparable homes to 4750 50th Drive?
There are currently no comparable homes to 4750 50th Drive.
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