by Global Lifestyle Properties

See Home Value
Vero Beach 32963
505 Tulip Lane
$2,500,000
● House - Off Market

505 Tulip Lane

Vero Beach, FL 32963
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,536 Ft²
$12,827
Est. Monthly
0.69%
Cap Rate

About This Property

Direct riverfront POINT LOT! 137'+ of deep water frontage with unobstructed views of the Indian River Lagoon. Privately landscaped with feature lighting. On culdesac, NO HOA. Quality CBS construction + hardy board on 2nd level. Reinforced seawall, Trex dock with 9000lb lift equipped with water & electricity plus a fish cleaning station. Premier boating lifestyle, fit for a large craft! 3536SF of light-filled living space and wide water views from every room. Indoor/outdoor entertaining in this spacious 3bed 3.5bath floorplan. Private elevator, Impact windows, heated pool/spa, Flood zone X500.
Unit Size
3,536 Ft²
Days on Market
45 days
Land Size
0.39 acres
Price per sqft
$665
Property Type
House
Property Taxes
$1,288
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

Last updated: 2 months ago (Beaches MLS #F10529733)

Price History

Date / Event Date Event Price
Mar 16, 2026 Sold
Sold
Feb 17, 2026 In contract -
In contract
Feb 12, 2026 Price Decreased $2,350,000
↓ $400K (14.6%)
Price Decreased
Feb 1, 2026 Relisted $2,750,000
Relisted
Jan 17, 2026 In contract -
In contract
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Property Highlights

Garage
Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 536
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,241
  • Lot Size Frontage Feet: 1,038
  • Total Building Area: 4,072
  • Gross Building Area: 4,072
  • Building Area: 3,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PELICAN COVE
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PELICAN COVE BLK 5 A PORT OF LOT 13 DESC AS FOLL: FROM THE SW COR OF LOT 12; SAID POINT BEING THE BEGINNING OF A CURVE HAVING A RADIUS OF 50.00 FT & CONCAVE TO THE SW; RUN THR OUGH A CENTRAL ANGLE 83 DEG 12 MIN 16 SEC AN ARC DIST OF 72.60 FT FOR THE

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050504

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 33-40-05-00008-0050-00013.0
  • Block: 5
  • Lot: 13,12
  • Meridian: SEC 05 TWN 33S RNG 40E
  • Municipality: CITY OF VERO BEACH
  • Latitude: 27.6335
  • Longitude: -80.3623

    Address

  • Full Address: 505 Tulip Ln
  • Address - House Number: 505
  • Address - Street Name: Tulip
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 2209
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 3,935
  • Tax Year: 2022
  • Tax Amount: $1,435,481
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 2,667,019
  • High Value: 3,198,179
  • Low Value: 2,135,860

    Market Valuation

  • Market Total Value: $1,714,840
  • Market Land Value: $747,380
  • Market Improvement Value: $967,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $952,282

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 14, 2000
  • Current Sale Recording Date: Jan 14, 2000
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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


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Nearby Rentals

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$2,150 /mo

  • 2 Beds
  • 2 Baths
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1166 6th Avenue #15C, VERO BEACH, FL, 32960 Listing by Gene Billero
Unit for rent at 542 10th Place, Vero Beach, FL, 32960

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,290 ft²
542 10th Place, Vero Beach, FL, 32960 Listing by Peter G Robinson


Frequently Asked Questions

When was property at 505 Tulip Lane built and last sold?
The property at 505 Tulip Lane was built in 2004 and last sold on Jan 14, 2000 for $350,000.
How much is this home worth?
The estimated value of the home located at 505 Tulip Lane is $0.
What are some comparable homes to 505 Tulip Lane?
There are currently no comparable homes to 505 Tulip Lane.