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Indian River 32967
5072 Monroe Circle
$600,000
● House - Off Market

5072 Monroe Circle

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,046 Ft²
$617,259
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

A true 3bed+den/office w/ murphy bed. This home has a coastal flare throughout! Offering so many upgrades that incl. impact windows/doors, zero-corner slider, wood-look tile plank flooring, plantation shutters, extended screened in patio w/hot tub & more. Resort-style club house, pool, hot tub, fitness, tennis, pickleball, bocce. Close to restaurants, shops + 10 min to beach!
Unit Size
2,046 Ft²
Days on Market
44 days
Land Size
0.15 acres
Price per sqft
$293
Property Type
House
Property Taxes
$529
HOA Dues
$1,328
Year Built
2019

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #F10366325)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Jan 25, 2023 Listed by Keller Williams Realty of VB $599,000
Listed by Keller Williams Realty of VB
Oct 6, 2021 No longer available -
No longer available
Mar 8, 2021 Sold
Premium
Sold
Jan 22, 2021 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 547
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Frontage Feet: 65,340
  • Total Building Area: 2,434
  • Gross Building Area: 2,818
  • Building Area: 1,887
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,887
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKES AT WATERWAY VILLAGE PD - PODS M,N,
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LAKES AT WATERWAY VILLAGE PD PODS M,N,O,P LOT 260 PBI 30-44

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050811

Zoning

  • Zoning: PD

Geography

  • Parcel: 32-39-21-00015-0000-00260.0
  • Lot: 260
  • Meridian: SEC 21 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6858
  • Longitude: -80.4343

    Address

  • Full Address: 5072 Monroe Cir
  • Address - House Number: 5072
  • Address - Street Name: Monroe
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R052
  • 4-Digit Zip Code: 7649
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $634,624
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 608,057
  • High Value: 732,605
  • Low Value: 483,508

    Market Valuation

  • Market Total Value: $440,396
  • Market Land Value: $29,750
  • Market Improvement Value: $410,646

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $440,396
  • Assessed Land Value: $29,750
  • Assessed Improvements Value: $410,646

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11500
  • Previous Sale Recording Date: Mar 08, 2021
  • Previous Sale Contract Date: Mar 05, 2021
  • Previous Sale Amount: $425,000
  • 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 Indian River

Stats & Trends

Median Asking:

$390,000

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1959 ft²

Average Home Age

28.5 years

Currently For Sale

1706 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 5866 37th Street, Vero Beach, FL, 32966

$4,300 /mo

  • 4 Beds
  • 3 Baths
  • 2,511 ft²
5866 37th Street, Vero Beach, FL, 32966 Listing by Jeffrey R Ripple

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Paul C Rambala
Keller Williams Realty of VB
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# F10366325
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 5072 Monroe Circle built and last sold?
The property at 5072 Monroe Circle was built in 2019 and last sold on Mar 7, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 5072 Monroe Circle is $0.
What are some comparable homes to 5072 Monroe Circle?
There are currently no comparable homes to 5072 Monroe Circle.
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