See Home Value
$2,500,000
● House - Off Market

5505 12th Street

Vero Beach, FL 32966
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,804 Ft²
$12,898
Est. Monthly
0.88%
Cap Rate

About This Property

Prime Investment Opportunity! Zoned A1 Now/Future use for RM3, Former Aquaculture Farm

2 Parcels totaling 19.86 acres directly off 58th Avenue & 12th street, 1 minute drive to Home Depot/Walmart/Target

Owner/User Farm Development with existing 4K sqft residence and 7K sqft of warehouse.

(Sizes are Approx)
Unit Size
3,804 Ft²
Days on Market
-
Land Size
19.68 acres
Price per sqft
$657
Property Type
House
Property Taxes
$622
HOA Dues
-
Year Built
1967

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Indian River #279129)

Price History

Date / Event Date Event Price
Dec 17, 2024 No longer available -
No longer available
Jun 16, 2024 Listed by Florida Statewide Realty, LLC $2,500,000
Listed by Florida Statewide Realty, LLC
Sep 6, 2022 No longer available -
No longer available
Aug 8, 2022 Sold
Sold
Jun 3, 2022 In contract -
In contract
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 8,232,840
  • Total Building Area: 3,480
  • Gross Building Area: 3,480
  • Building Area: 3,480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RIVER FARMS COMPANY S/D
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 60
  • Legal Description 1: INDIAN RIVER FARMS COMPANY S/D PBS 2-25 SEC 9 TWN 33 RNG 39 BEING THE N 345.71 FT OF THE E 630 FT OF TR 12 SEC 9

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050702

Zoning

  • Zoning: A-1

Geography

  • Subdivision Tract Number: 12
  • Parcel: 33-39-09-00001-0120-00001.1
  • Meridian: SEC 09 TWN 33S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6224
  • Longitude: -80.4435

    Address

  • Full Address: 5505 12th St
  • Address - House Number: 5505
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 4714
  • Zip Code: 32966

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $62,523
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 918,186
  • High Value: 1,096,373
  • Low Value: 740,000

    Market Valuation

  • Market Total Value: $388,984
  • Market Land Value: $127,500
  • Market Improvement Value: $261,484

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,268

    Sales

  • Current Sale Contract Date: Jul 27, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Price:
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 49307
  • Previous Sale Recording Date: Feb 26, 1999
  • Previous Sale Contract Date: Feb 26, 1999
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: BAL
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Vero Beach South


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Frequently Asked Questions

When was property at 5505 12th Street built and last sold?
The property at 5505 12th Street was built in 1967 and last sold on Jul 27, 2022 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 5505 12th Street is $2,439,693.
What are some comparable homes to 5505 12th Street?
There are currently no comparable homes to 5505 12th Street.