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Indian River 32967
5199 Eleuthra Circle
$575,000
● House - Off Market

5199 Eleuthra Circle

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,018 Ft²
$3,725
Est. Monthly
$478
HOA / Fees
2.61%
Cap Rate

About This Property

Enjoy the screened lanai w/heated pool & private garden views in this 3BR/3BA loaded w/upgrades! Freshly painted inside & out, tile floors in living areas, custom built-ins, entertainment ctr, new lighting & Noguchi chandeliers. Kitchen features white cabinetry, stainless steel appliances, leather-finish quartzite counters & bar-height seating area. Primary suite has walk-in closet/safe room, remote shade, Japanese toilet in ladies bath. Plus new toilets & faucets, indoor/outdoor sound system, newer A/C, 2-car garage. Community amenities: clubhouse, heated pool, fitness ctr, tennis/pickleball.
Unit Size
2,018 Ft²
Days on Market
82 days
Land Size
-
Price per sqft
$295
Property Type
House
Property Taxes
$325
HOA Dues
$478
Year Built
2009

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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: 2 years ago (Indian River #287184)

Price History

Date / Event Date Event Price
Jul 2, 2025 Sold
Premium
Sold
May 24, 2025 In contract -
In contract
May 9, 2025 Price Decreased $595,000
↓ $24K (3.9%)
Price Decreased
Apr 11, 2025 Listed by RE/MAX Crown Realty VB $619,000
Listed by RE/MAX Crown Realty VB
Sep 25, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 11
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 502
  • Total Building Area: 2,459
  • Gross Building Area: 2,459
  • Building Area: 2,018
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,018
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ISLES AT WATERWAY VILLAGE PD PLAT 1C
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: ISLES AT WATERWAY VILLAGE PD PLAT 1C LOT 250 PBI 23-27

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Parcel: 32-39-16-00009-0000-00250.0
  • Lot: 250
  • Meridian: SEC 16 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6909
  • Longitude: -80.4415

    Address

  • Full Address: 5199 Eleuthra Cir
  • Address - House Number: 5199
  • Address - Street Name: Eleuthra
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R052
  • 4-Digit Zip Code: 7638
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 2,346
  • Tax Year: 2022
  • Tax Amount: $362,558
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 562,435
  • High Value: 679,687
  • Low Value: 445,183

    Market Valuation

  • Market Total Value: $314,395
  • Market Land Value: $34,000
  • Market Improvement Value: $280,395

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $285,764

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2015
  • Current Sale Recording Date: Sep 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120150057961
  • Previous Sale Recording Date: Oct 09, 2013
  • Previous Sale Contract Date: Oct 07, 2013
  • Previous Sale Amount: $290,000
  • 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:

$389,000

Sale Price/ft²

$229

Below Asking

0.03%

Average Days on Market

86

Average Home Size

1967 ft²

Average Home Age

28.3 years

Currently For Sale

1525 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 4819 51st Court, Vero Beach, FL, 32967

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
4819 51st Court, Vero Beach, FL, 32967 Listing by Rhonda L Beasley

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Diane Litzinger, RE/MAX Crown Realty VB
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 287184
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 5199 Eleuthra Circle built and last sold?
The property at 5199 Eleuthra Circle was built in 2009 and last sold on Sep 17, 2015 for $339,000.
How much is this home worth?
The estimated value of the home located at 5199 Eleuthra Circle is $595,843.
What are some comparable homes to 5199 Eleuthra Circle?
There are currently no comparable homes to 5199 Eleuthra Circle.
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