$270,000
●
Condo -
Off Market
532 7th Square #101
Vero Beach, FL 32962
2 Beds
2 Baths
1,114 Ft²
$2,126
Est. Monthly
$679
HOA / Fees
5.33%
Cap Rate
About This Property
Enjoy the Sunshine from any room in this light and bright Updated
Condo. With Real Hardwood floors throughout, An Open kitchen for
someone who loves to cook, this condo is tastefully decorated and
very well maintained. New Glass Enclosure Master Shower and
Bathroom, New Stainless Appliances, Hot Water Heater and Washing
Machine. This can be a great seasonal retreat or a perfect option
for someone who wants to downsize and be in a great location near
shopping and the beach!
Unit Size
1,114 Ft²
Days on Market
-
Land Size
-
Price per sqft
$242
Property Type
Condo
Property Taxes
$121
HOA Dues
$679
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: 2 years ago (Indian River #284635)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 9, 2026 | Sold | ||
| Sold | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Listed by Alex MacWilliam, Inc. | $240,000 | |
| Listed by Alex MacWilliam, Inc. | |||
| | |||
|
Offered Turnkey, Enjoy the Sunshine from any room in this light and bright Updated Condo. With Real Hardwood floors throughout, An Open kitchen for someone who loves to cook, this condo is tastefully decorated and very well maintained. New Glass Enclosure Master Shower and Bathroom, New Stainless Appliances, Hot Water Heater and Washing Machine. This can be a great seasonal retreat or a perfect option for someone who wants to downsize and be in a great location near shopping and the beach!
| |||
| Jun 23, 2025 | No longer available | - | |
| No longer available | |||
| Mar 10, 2025 | Price Decreased |
$270,000
↓ $15K
(5.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s)
Appliances: Dryer, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Wood
Laundry Features: Laundry Closet, In Unit
Rooms: 6
Exterior Details
Has Property Attached
Square Footage: 1114
Square Footage Source: $0
Security Features: Gated Community
Architectural Style: TwoStory
Year Built: 2005
Waterfront Features: Lake Front, Pond
Levels: Two
Window Features: Blinds, Window Treatments, Sliding
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Patio
Pool Features: Electric Heat, Heated, Community, Pool
Lot Features: LessThanQuarterAcre
Lot Size Units: Acres
Lot Size Dimensions: N/A
Tax Lot: N/A
Water Source: Public
Financial Details
Tax Assessed Value: $133,978
Tax Annual Amount: $1,448
Utilities Details
Cooling Type: Electric, OneUnit
Heating Type: Electric
Sewer : CountySewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, CommonAreas, RecreationFacilities, ReserveFund
HOA Fee: $679
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 |
|---|---|---|---|---|---|---|---|
|
11/01/2025
|
2 Bed
|
2 Bath
|
1114 ft²
|
$240,000
2 Bed
2 Bath
1114 ft²
|
$220,000
-8.33%
02/09/2026
|
Bill Baysura
Dale Sorensen Real Estate Inc.
| |
|
01/23/2025
|
2 Bed
|
2 Bath
|
1114 ft²
|
$285,000
2 Bed
2 Bath
1114 ft²
|
-
-
|
Bill Baysura
Dale Sorensen Real Estate Inc.
| |
|
09/09/2020
|
2 Bed
|
3 Bath
|
-
|
$210,000
2 Bed
3 Bath
|
-
-
|
-
| |
|
03/07/2020
|
2 Bed
|
3 Bath
|
-
|
$210,000
2 Bed
3 Bath
|
-
-
|
-
| |
|
05/01/2013
|
2 Bed
|
2 Bath
|
-
|
$125,000
2 Bed
2 Bath
|
$117,000
-6.40%
06/18/2013
|
Robbie Berlingieri
Billero & Billero - Beach Offc
| |
|
01/05/2012
|
2 Bed
|
2 Bath
|
-
|
$99,500
2 Bed
2 Bath
|
$90,000
-9.55%
05/15/2012
|
Kim Small
Keller Williams - Vero Beach
|
Building Info
About Vero Beach South
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Listed by: Bill Baysura, Alex MacWilliam, Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 284635
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 284635
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