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Vero Beach 32963
529 Camelia Lane
$727,500
● House - Off Market

529 Camelia Lane

Vero Beach, FL 32963
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,058 Ft²
$3,666
Est. Monthly
3.77%
Cap Rate

About This Property

Rare chance to secure a 100x140 lot (0.32 acres) in the heart of Central Beach, just steps to Riverside Park & a short walk to the ocean. Non-HOA property offered at land value for $699K-a true value in one of Vero's most sought-after neighborhoods. Existing vintage home on site offers flexibility to create your vision. Lot features mature trees & serene setting. Cash offers only-Proof of Funds required. Rare lifestyle opportunity in Central Beach at a price point that won't last. (Sizes are approx)
Unit Size
1,058 Ft²
Days on Market
16 days
Land Size
0.32 acres
Price per sqft
$661
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1952

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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 #291484)

Price History

Date / Event Date Event Price
Oct 16, 2025 Sold
Premium
Sold
Sep 30, 2025 Listed by Dale Sorensen Real Estate Inc. $699,000
Listed by Dale Sorensen Real Estate Inc.
Aug 5, 1998 Sold
Premium
Sold
Mar 21, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 14
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 17
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 207
  • Parking Space Count: 1
  • Patio Type: 12
  • Porch Type: 36
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,265
  • Gross Building Area: 1,265
  • Building Area: 1,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,058
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VERO BEACH ESTATES
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: VERO BEACH ESTATES BLK 16 LOTS 30 & 31 PBS 5-8

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050504

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 32-40-32-00006-0160-00030.0
  • Block: 16
  • Lot: 30,31
  • Meridian: SEC 32 TWN 32S RNG 40E
  • Municipality: CITY OF VERO BEACH
  • Latitude: 27.6509
  • Longitude: -80.3637

    Address

  • Full Address: 529 Camelia Ln
  • Address - House Number: 529
  • Address - Street Name: Camelia
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 1839
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 1,368
  • Tax Year: 2022
  • Tax Amount: $251,737
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 953,570
  • High Value: 1,132,254
  • Low Value: 774,887

    Market Valuation

  • Market Total Value: $541,268
  • Market Land Value: $433,500
  • Market Improvement Value: $107,768

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $192,126

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 1998
  • Current Sale Recording Date: Aug 05, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 21, 1997
  • Previous Sale Contract Date: Mar 12, 1997
  • Previous Sale Amount: $129,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Vero Beach

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$334

Below Asking

0.04%

Average Days on Market

96

Average Home Size

1980 ft²

Average Home Age

47.1 years

Currently For Sale

182 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 400 18th Street, Vero Beach, FL, 32960

$2,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,130 ft²
400 18th Street #B6, Vero Beach, FL, 32960 Listing by Cindy Campbell Hawthorne
Unit for rent at 2800 Indian River Boulevard, FL, 32960

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
2800 Indian River Boulevard #1, FL, 32960 Listing by Peter G Robinson

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Christine M Hughes, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 291484
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 529 Camelia Lane built and last sold?
The property at 529 Camelia Lane was built in 1952 and last sold on Jul 24, 1998 for $155,000.
How much is this home worth?
The estimated value of the home located at 529 Camelia Lane is $0.
What are some comparable homes to 529 Camelia Lane?
There are currently no comparable homes to 529 Camelia Lane.
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