$220,000
●
Condo -
Off Market
520 7th Square #201
Vero Beach, FL 32962
3 Beds
3 Baths
2,042 Ft²
$2,819
Est. Monthly
$1,339
HOA / Fees
4.17%
Cap Rate
About This Property
This just-over-2,200 sq ft penthouse condo offers 3 bedrooms, 3
bathrooms, and a 1-car garage. A private interior laundry adds
everyday ease, while a versatile den/office space suits remote
work, study, or hobbies. Enjoy an expansive 800+ sq ft patio with
views overlooking a tranquil water feature and easy access to the
community pool. Thoughtful architectural details include abundant
natural light, vaulted ceilings in key living areas, and premium
finishes. Located near US-1 for effortless commuting, this home
blends resort-style living with everyday practicality in a premier
coastal setting.
Unit Size
2,042 Ft²
Days on Market
163 days
Land Size
-
Price per sqft
$120
Property Type
Condo
Property Taxes
$277
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: 6 months ago (Indian River #292345)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Price Decreased |
$244,900
↓ $30K
(10.9%) | |
| Price Decreased | |||
| Dec 18, 2025 | Price Decreased |
$274,900
↓ $24K
(8.1%) | |
| Price Decreased | |||
| Nov 3, 2025 | Listed by Keller Williams Realty of VB | $299,000 | |
| Listed by Keller Williams Realty of VB | |||
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: High Ceilings, Pantry, Walk-In Closet(s), Bathtub, GardenTubRomanTub, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Laundry Closet, In Unit
Rooms: 9
Exterior Details
Has Property Attached
Square Footage: 2042
Square Footage Source: $0
Security Features: Closed Circuit Camera(s), Gated Community, Key Card Entry, Smoke Detector(s)
Architectural Style: TwoStory
Year Built: 2006
Waterfront Features: Lake Front, Pond
Levels: Two
Window Features: Window Treatments, SingleHung, Sliding
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Patio
Pool Features: Community, Fenced, Electric Heat, Heated, Pool
Pool is Private
Lot Features: Other
Lot Size Units: Acres
Lot Size Dimensions: N/A
Tax Lot: N/A
Water Source: Public
Financial Details
Tax Assessed Value: $215,608
Tax Annual Amount: $3,329
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Individual
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 |
|---|---|---|---|---|---|---|---|
|
11/03/2025
|
3 Bed
|
3 Bath
|
2042 ft²
|
$299,000
3 Bed
3 Bath
2042 ft²
|
$220,000
-26.42%
04/15/2026
|
Shane Reynolds
Keller Williams - Vero Beach
| |
|
11/03/2025
| |
3 Bed
|
3 Bath
|
2042 ft²
|
$299,000
3 Bed
3 Bath
2042 ft²
|
$220,000
-26.42%
04/15/2026
|
Shane Reynolds
Keller Williams - Vero Beach
|
|
07/20/2021
|
3 Bed
|
2 Bath
|
-
|
$250,000
3 Bed
2 Bath
|
-
-
|
Robbie Berlingieri
Billero & Billero Properties
| |
|
03/02/2021
|
3 Bed
|
3 Bath
|
-
|
$299,000
3 Bed
3 Bath
|
-
-
|
-
| |
|
03/20/2017
|
2 Bed
|
2 Bath
|
1323 ft²
|
$167,000
2 Bed
2 Bath
1323 ft²
|
$167,000
05/17/2017
|
Kim Small
Keller Williams - Vero Beach
|
Building Info
About Vero Beach South
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Listed by: Shane Reynolds, Keller Williams Realty of VB
Last Updated: 6 months ago
Data Source: RAIRC, MLS# 292345
Last Updated: 6 months ago
Data Source: RAIRC, MLS# 292345
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