See Home Value
$350,000
● House - Off Market

505 11th Avenue

Vero Beach, FL 32962
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,778 Ft²
$2,276
Est. Monthly
5.97%
Cap Rate

About This Property

Step into this inviting home with a screened-in lanai, featuring a sparkling pool, outdoor shower, built-in storage, and a buffet with a kitchen pass-through. Inside, enjoy vaulted ceilings, real wood floors, and a cozy wood-burning coral mantle fireplace. The kitchen boasts granite counters and an island, while the master suite offers direct pool access. Additional perks include storm-coated windows, a 2-car garage with built-in storage, Samsung W/D, and recent updates like a Trane A/C (2022) and enhanced septic (2023).
Unit Size
1,778 Ft²
Days on Market
217 days
Land Size
0.33 acres
Price per sqft
$222
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1984

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Cap Rate Calculator

Last updated: 2 years ago (Indian River #285071)

Price History

Date / Event Date Event Price
Sep 8, 2025 Sold
Sold
Aug 27, 2025 In contract -
In contract
May 16, 2025 Price Decreased $395,000
↓ $25K (6%)
Price Decreased
Mar 11, 2025 Price Decreased $420,000
↓ $20K (4.6%)
Price Decreased
Feb 3, 2025 Listed by One Sotheby's Int'l Realty $440,000
Listed by One Sotheby's Int'l Realty
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,317
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,178
  • Gross Building Area: 2,178
  • Building Area: 1,778
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,778
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINECREST SUB UNIT 1
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PINECREST UNIT 1 BLK B LOT 17 PBI 10-56

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050602

Zoning

  • Zoning: RS-6

Geography

  • Parcel: 33-39-13-00012-0002-00017.0
  • Block: B
  • Lot: 17
  • Meridian: SEC 13 TWN 33S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6107
  • Longitude: -80.3962

    Address

  • Full Address: 505 11th Ave
  • Legal Unit: 1
  • Address - House Number: 505
  • Address - Street Name: 11th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C006
  • 4-Digit Zip Code: 1522
  • Zip Code: 32962

Valuation

    Tax

  • Total Area: 2,000
  • Tax Year: 2022
  • Tax Amount: $391,760
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 394,612
  • High Value: 468,928
  • Low Value: 320,296

    Market Valuation

  • Market Total Value: $267,250
  • Market Land Value: $39,270
  • Market Improvement Value: $227,980

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $267,250
  • Assessed Land Value: $39,270
  • Assessed Improvements Value: $227,980

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120210007115
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Vero Beach South


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Frequently Asked Questions

When was property at 505 11th Avenue built and last sold?
The property at 505 11th Avenue was built in 1984 and last sold on Jan 29, 2021 for $310,000.
How much is this home worth?
The estimated value of the home located at 505 11th Avenue is $0.
What are some comparable homes to 505 11th Avenue?
There are currently no comparable homes to 505 11th Avenue.