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$240,000
●
Condo -
Off Market
512 7th Square #201
Vero Beach, FL 32962
3 Beds
3 Baths
2,042 Ft²
$2,949
Est. Monthly
$1,339
HOA / Fees
3.98%
Cap Rate
About This Property
Live above it all in this Vero Beach penthouse at Fountainhead
Penthouses! This 3BR/3BA condo with 1-car garage offers 10–12' ceilings, impact windows, and quad sliders to a 680 SF private
rooftop terrace-perfect for entertaining or relaxing. Renovated
open kitchen with granite counters flows into living and dining
areas. Tile & carpet flooring. New A/C, new water heater, newer
tile roof and exterior paint. Community pool, clubhouse & fitness
center. Minutes to beaches, shopping & dining.
Unit Size
2,042 Ft²
Days on Market
230 days
Land Size
-
Price per sqft
$130
Property Type
Condo
Property Taxes
$308
HOA Dues
$1,339
Year Built
1991
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Cap Rate Calculator
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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: 5 days ago (Indian River #295416)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Sep 7, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Price Decreased |
$265,000
↓ $30K
(10.2%) | |
| Price Decreased | |||
| Feb 27, 2026 | Listed by One Sotheby's Int'l Realty | $295,000 | |
| Listed by One Sotheby's Int'l Realty | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: High Ceilings, Kitchen Island, Walk-In Closet(s)
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Door Features: Sliding Doors
Laundry Features: Laundry Closet
Rooms: 7
Exterior Details
Has Property Attached
Square Footage: 2042
Square Footage Source: $0
Security Features: Gated Community, Smoke Detector(s)
Architectural Style: TwoStory
Year Built: 2004
Waterfront Features: Lake Front, Pond
Levels: Two
Window Features: Blinds, SingleHung, Sliding
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Patio
Pool Features: Community, Pool
Lot Features: LessThanQuarterAcre
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $237,169
Tax Annual Amount: $3,701
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : CountySewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, CommonAreas, Parking, RecreationFacilities, ReserveFund
HOA/Condo/Coop Amenities: DuesPaidMonthly
HOA Fee: $1,339
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
01/01/2026
|
2 Bed
|
2 Bath
|
1323 ft²
|
$229,000
2 Bed
2 Bath
1323 ft²
|
-
-
|
Jennifer Martin
Keller Williams Rlty Vero Bch
| |
|
02/27/2026
|
3 Bed
|
3 Bath
|
2042 ft²
|
$295,000
3 Bed
3 Bath
2042 ft²
|
$240,000
-18.64%
10/15/2026
|
Scott Oberlink
One Sotheby's Int'l Realty
| |
|
02/18/2021
|
2 Bed
|
2 Bath
|
1323 ft²
|
$214,900
2 Bed
2 Bath
1323 ft²
|
$220,900
+2.79%
04/12/2021
|
Magdalena A Zych
Vero Beachside Sales Rentals
|
Building Info
About Vero Beach South
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Listed by: Scott B Oberlink, One Sotheby's Int'l Realty
Last Updated: 5 days ago
Data Source: RAIRC, MLS# 295416
Last Updated: 5 days ago
Data Source: RAIRC, MLS# 295416
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