$645,000
●
House -
Off Market
5031 Monroe Circle
Vero Beach, FL 32967
2 Beds
2 Baths
1,862 Ft²
$4,691
Est. Monthly
$1,446
HOA / Fees
About This Property
This exquisite gated community home boasts 2 BR, 2 BA + flex rm
with tray ceilings & french doors. The gourmet kitchen features
white cabinets w/soft-close drawers, under-cabinet lighting, &
white quartz countertops. Pendant lights over the expanded kitchen
island. Enjoy premium lake views from the extended screened lanai,
ship lap walls in the LR & owner's bath. Add'l highlights incl:
mudroom, laundry rm, impact glass, hardwood flrs, plantation
shutters, 8' doors & crown molding. Resort-style club house w/pool,
hot tub, fitness, tennis, pickleball & bocce. Close to restaurants,
shops & beach
Unit Size
1,862 Ft²
Days on Market
56 days
Land Size
0.18 acres
Price per sqft
$349
Property Type
House
Property Taxes
$53
HOA Dues
$1,446
Year Built
2020
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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: 3 months ago (Beaches MLS #F10437484)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 19, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Listed by Keller Williams Realty of VB | $650,000 | |
| Listed by Keller Williams Realty of VB | |||
| | |||
|
This exquisite gated community home boasts 2 BR, 2 BA + flex rm with tray ceilings & french doors. The gourmet kitchen features white cabinets w/soft-close drawers, under-cabinet lighting, & white quartz countertops. Pendant lights over the expanded kitchen island. Enjoy premium lake views from the extended screened lanai, ship lap walls in the LR & owner's bath. Add'l highlights incl: mudroom, laundry rm, impact glass, hardwood flrs, plantation shutters, 8' doors & crown molding. Resort-style club house w/pool, hot tub, fitness, tennis, pickleball & bocce. Close to restaurants, shops & beach
| |||
| May 8, 2020 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Indian River
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Listed by: Paul C Rambala
Keller Williams Realty of VB
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10437484
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.
Keller Williams Realty of VB
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10437484
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