$1,050,000
●
Condo -
Off Market
5000 Highway A1a #430
Vero Beach, FL 32963
2 Beds
2 Baths
1,980 Ft²
$7,486
Est. Monthly
$1,445
HOA / Fees
-0.13%
Cap Rate
About This Property
Welcome to Unit 430 at Oceangate, an exquisite 2/2 oceanfront condo
in one of Vero Beach's most sought-after centrally located
buildings! Spanning 1980 SF, this spacious res offers expansive
living space & breathtaking ocean views from all living areas &
bedrms. The primary is a tranquil retreat feat ocean views, ample
closet space, & an en-suite bath. A 2nd BR & bath provide plenty of
space for family or guests. All bldg engineering studies completed
& passed. New roof. Seawall in place. Oceangate's resort-style
amenities incl a heated pool, prvt beach access, & beautifully
updated clubhouse.
Unit Size
1,980 Ft²
Days on Market
-
Land Size
-
Price per sqft
$530
Property Type
Condo
Property Taxes
$885
HOA Dues
$1,445
Year Built
-
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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 #284740)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Dec 4, 2025 | Listed by One Sotheby's Int'l Realty | $799,000 | |
| Listed by One Sotheby's Int'l Realty | |||
| | |||
|
Welcome to Oceangate! Enjoy the best of coastal living in this spacious 1,980 SF condo located in a newly updated boutique oceanfront bldg in the heart of Vero Beach! This beautifully maintained residence offers peace of mind w/all major structural work completed, incl a new roof, seawall in place, & a successful Milestone Inspection! This light-filled 2/2 unit features expansive ocean views, generous living spaces, & a shared 2-car gar. Located within walking distance from shopping, dining, & cultural attractions, this central location is the prime opportunity for a perfect island lifestyle!
| |||
| Aug 26, 2025 | Listed by One Sotheby's Int'l Realty | $950,000 | |
| Listed by One Sotheby's Int'l Realty | |||
| | |||
|
Welcome to Oceangate! Enjoy the best of coastal living in this spacious 1,980 SF condo located in a newly updated boutique oceanfront bldg in the heart of Vero Beach! This beautifully maintained residence offers peace of mind w/all major structural work completed, incl a new roof, seawall in place, & a successful Milestone Inspection! This light-filled 2/2 unit features expansive ocean views, generous living spaces, & a shared 2-car gar. Located within walking distance from shopping, dining, & cultural attractions, this central location is the prime opportunity for a perfect island lifestyle!
| |||
Show More
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 1
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: ThreeOrMore
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Laundry Closet
Rooms: 5
Exterior Details
Year Built: 1975
Parcel Number: 32402900011002000430.0
Waterfront Features: Ocean Access, Ocean Front, Seawall
Home Type: Residential
Architectural Style: Multi Level
Roof: RolledHotMop
Construction Materials: Block, Concrete
Pool Features: Electric Heat, Heated, Pool, Community
Lot Information: Other
Lot Size Dimensions: NA
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $345,049
Tax Year: 2024
Tax Annual Amount: $10,623
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Location Details
Association Fee Includes: CommonAreas, Insurance, MaintenanceGrounds, MaintenanceStructure, PestControl, RecreationFacilities, ReserveFund, Sewer, Trash, Water
Association Fee: $1,445
Association Fee Frequency: Monthly
Community Features: Barbecue, Clubhouse, Elevator, Property Manager On Site, Pool
Security Features: Smoke Detectors
Subdivision: Oceangate
Elementary School District: Indian River County Schools
Middle or Junior School District: Indian River County Schools
High School District: Indian River County Schools
Subdivision Name: Oceangate
Directions: From Beachland Blvd (SR60) North on A1A to building on East across from Village Beach Market.
Other Details
Listing Terms: Cash, NewLoan
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/16/2025
|
2 Bed
|
2 Bath
|
1860 ft²
|
$700,000
2 Bed
2 Bath
1860 ft²
|
-
-
|
Beth Petrone
Dale Sorensen Real Estate Inc.
| |
|
01/16/2025
|
2 Bed
|
2 Bath
|
1980 ft²
|
$1,050,000
2 Bed
2 Bath
1980 ft²
|
-
-
|
Talle L Genoni
One Sotheby's Int'l Realty
| |
|
09/13/2025
|
2 Bed
|
2 Bath
|
1980 ft²
|
$775,000
2 Bed
2 Bath
1980 ft²
|
$765,000
-1.29%
11/20/2025
|
Christine M Hughes
Dale Sorensen Real Estate Inc.
| |
|
04/28/2025
|
2 Bed
|
2 Bath
|
1860 ft²
|
$875,000
2 Bed
2 Bath
1860 ft²
|
-
-
|
Barbara Dietrich
Alex MacWilliam, Inc.
| |
|
12/04/2024
|
2 Bed
|
2 Bath
|
1980 ft²
|
$925,000
2 Bed
2 Bath
1980 ft²
|
-
-
|
Mike Thorpe
One Sotheby's Int'l Realty
| |
|
11/19/2024
|
2 Bed
|
2 Bath
|
1860 ft²
|
$1,195,000
2 Bed
2 Bath
1860 ft²
|
$865,000
-27.62%
05/30/2025
|
Courtney Dietrich
Alex MacWilliam, Inc.
| |
|
10/02/2024
|
2 Bed
|
2 Bath
|
1860 ft²
|
$890,000
2 Bed
2 Bath
1860 ft²
|
-
-
|
Becky Rossway
Berkshire Hathaway Florida
| |
|
02/01/2024
|
2 Bed
|
2 Bath
|
1860 ft²
|
$945,000
2 Bed
2 Bath
1860 ft²
|
-
-
|
Becky Rossway
Berkshire Hathaway Florida
| |
|
11/30/2023
|
2 Bed
|
2 Bath
|
-
|
$1,025,000
2 Bed
2 Bath
|
-
-
|
Cathy Curley
Dale Sorensen Real Estate Inc.
| |
|
07/13/2023
|
2 Bed
|
2 Bath
|
-
|
$900,000
2 Bed
2 Bath
|
-
-
|
Kimberly A Taylor
Dale Sorensen Real Estate Inc.
| |
|
06/22/2023
|
2 Bed
|
2 Bath
|
-
|
$1,025,000
2 Bed
2 Bath
|
-
-
|
Cathy Curley
Dale Sorensen Real Estate Inc.
| |
|
06/06/2023
|
2 Bed
|
2 Bath
|
1980 ft²
|
$874,000
2 Bed
2 Bath
1980 ft²
|
$832,000
-4.81%
11/06/2023
|
Tareek S Beasley
Keller Williams Realty of VB
| |
|
05/31/2023
|
2 Bed
|
2 Bath
|
-
|
$950,000
2 Bed
2 Bath
|
-
-
|
David M Decker
Dale Sorensen Real Estate Inc.
| |
|
01/22/2023
|
2 Bed
|
2 Bath
|
-
|
$1,100,000
2 Bed
2 Bath
|
-
-
|
Cheryl P Goff
RE/MAX Crown Realty VB
| |
|
06/27/2022
|
3 Bed
|
2 Bath
|
-
|
$1,275,000
3 Bed
2 Bath
|
-
-
|
Elizabeth M Sorensen
Dale Sorensen Real Estate Inc.
| |
|
05/27/2022
|
2 Bed
|
2 Bath
|
1980 ft²
|
$997,777
2 Bed
2 Bath
1980 ft²
|
$999,000
+0.12%
07/28/2022
|
Suzanne Wilson
Susie Wilson Real Estate PA
| |
|
03/25/2022
|
2 Bed
|
2 Bath
|
-
|
$1,200,000
2 Bed
2 Bath
|
-
-
|
Bill Carroll
Classic Homes of Treas Coast
| |
|
02/03/2022
|
2 Bed
|
2 Bath
|
-
|
$895,000
2 Bed
2 Bath
|
-
-
|
Cathy Curley
Dale Sorensen Real Estate Inc.
| |
|
09/24/2021
|
2 Bed
|
2 Bath
|
-
|
$775,000
2 Bed
2 Bath
|
-
-
|
Becky Rossway
Berkshire Hathaway Florida
| |
|
05/19/2021
|
2 Bed
|
2 Bath
|
-
|
$570,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/22/2020
|
2 Bed
|
2 Bath
|
-
|
$599,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/11/2019
|
2 Bed
|
2 Bath
|
-
|
$500,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
01/23/2019
|
2 Bed
|
2 Bath
|
-
|
$629,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/16/2018
|
2 Bed
|
2 Bath
|
-
|
$589,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
11/01/2018
|
2 Bed
|
2 Bath
|
-
|
$599,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
09/20/2018
|
3 Bed
|
2 Bath
|
-
|
$760,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
07/31/2017
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
|
12/03/2014
|
2 Bed
|
2 Bath
|
1860 ft²
|
$339,000
2 Bed
2 Bath
1860 ft²
|
$339,000
04/21/2015
|
Brian Lemen
LYNQ Real Estate
|
Building Info
About Vero Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
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- 3 Baths
- 2,300 ft²
$1,800 /mo
- 2 Beds
- 2 Baths
- 1,000 ft²
Listed by: Talle L Genoni, One Sotheby's Int'l Realty
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 284740
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 284740
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