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Indian River 32967
5245 Turtle Creek Circle
$650,000
● House - Off Market

5245 Turtle Creek Circle

Vero Beach, FL 32967
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,867 Ft²
$3,971
Est. Monthly
$500
HOA / Fees
1.98%
Cap Rate

About This Property

This stunningly 2019 upgraded seasonally occupied Lakes At Waterway Village home is offered  exquisitely furnished ready to enjoy. Beautiful full lake and green space views. 2/2 plus flex den. Upgraded gourmet kitchen. 110sqft extended dressing room off primary bedroom. Extended garage. Seamless Florida indoor/outdoor living is accessed via the zero corner pocket sliding doors onto extended screened/covered lanai fitted w hurricane shades. Community offers resort amenities with active social calendar  - Clubhouse, Barefoot Bar, Pool, Gym, Tennis courts, Bocce and, & Pickleball. Gated community
Unit Size
1,867 Ft²
Days on Market
97 days
Land Size
-
Price per sqft
$348
Property Type
House
Property Taxes
$278
HOA Dues
$500
Year Built
2019

Payment Calculator

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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 #284335)

Price History

Date / Event Date Event Price
Apr 23, 2025 Sold
Premium
Sold
Jan 17, 2025 In contract -
In contract
Jan 16, 2025 Listed by Engel & Voelkers Vero Beach $650,000
Listed by Engel & Voelkers Vero Beach
Jan 17, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 551
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 569
  • Total Building Area: 2,418
  • Gross Building Area: 2,811
  • Building Area: 1,867
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,867
  • 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 S, T
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LAKES AT WATERWAY VILLAGE PD PODS S, T LOT 102 PBI 29 72

Neighborhood

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

Zoning

  • Zoning: PD

Geography

  • Parcel: 32-39-15-00004-0000-00102.0
  • Lot: 102
  • Meridian: SEC 15 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6916
  • Longitude: -80.4306

    Address

  • Full Address: 5245 Turtle Creek Cir
  • Address - House Number: 5245
  • Address - Street Name: Turtle Creek
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R052
  • 4-Digit Zip Code: 7644
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $310,603
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 607,013
  • High Value: 721,329
  • Low Value: 492,696

    Market Valuation

  • Market Total Value: $446,295
  • Market Land Value: $38,250
  • Market Improvement Value: $408,045

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $248,723

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2019
  • Current Sale Recording Date: Jan 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120190003621
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

85

Average Home Size

1953 ft²

Average Home Age

28.8 years

Currently For Sale

1666 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 5090 Fairways Circle, Vero Beach, FL, 32967

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 994 ft²
5090 Fairways Circle #H105, Vero Beach, FL, 32967 Listing by Jillian M Arce
Unit for rent at 5095 Fairways Circle, Vero Beach, FL, 32967

$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 994 ft²
5095 Fairways Circle #I105, Vero Beach, FL, 32967 Listing by Tareek S Beasley

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: John Chuter, Engel & Voelkers Vero Beach
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 284335
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 5245 Turtle Creek Circle built and last sold?
The property at 5245 Turtle Creek Circle was built in 2019 and last sold on Jan 16, 2019 for $369,700.
How much is this home worth?
The estimated value of the home located at 5245 Turtle Creek Circle is $0.
What are some comparable homes to 5245 Turtle Creek Circle?
There are currently no comparable homes to 5245 Turtle Creek Circle.
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