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Winter Beach 32967
5539 53rd Avenue
$405,000
● House - Off Market

5539 53rd Avenue

Vero Beach, FL 32967
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,432 Ft²
$2,577
Est. Monthly
$293
HOA / Fees
5.47%
Cap Rate

About This Property

Enjoy the sophisticated ease of single-story living in this lakefront home that masterfully blends generous, entertainment-ready spaces. Crown moldings, arched doorways & easy-to-maintain tile & LVP flooring provide elegance without the fuss. Your private oasis awaits out back, where a huge covered paver patio offers front-row seats to serene lake views. The master suite is a true retreat w/its soaking tub, walk-in shower, & dual vanities. New appliances give peace-of-mind. And that resort life? A clubhouse, fitness center, pool, tennis, & playground are all part of the package.
Unit Size
2,432 Ft²
Days on Market
145 days
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$271
HOA Dues
$293
Year Built
2008

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: 12 months ago (Indian River #288809)

Price History

Date / Event Date Event Price
Nov 4, 2025 Sold
Premium
Sold
Oct 3, 2025 In contract -
In contract
Sep 23, 2025 Price Decreased $409,900
↓ $25K (5.8%)
Price Decreased
Sep 3, 2025 Price Decreased $435,000
↓ $4K (0.9%)
Price Decreased
Aug 16, 2025 Price Decreased $439,000
↓ $6K (1.4%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 11
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 647
  • Total Building Area: 2,852
  • Gross Building Area: 2,852
  • Building Area: 2,432
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,432
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VEROLAGO PHASE 2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: VEROLAGO PHASE 2 LOT 450 PBI 20-23

Neighborhood

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

Zoning

  • Zoning: RS-6

Geography

  • Subdivision Phase Number: 2
  • Parcel: 32-39-16-00005-0000-00450.0
  • Lot: 450
  • Meridian: SEC 16 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6954
  • Longitude: -80.4403

    Address

  • Full Address: 5539 53rd Ave
  • Address - House Number: 5539
  • Address - Street Name: 53rd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 2461
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 2,774
  • Tax Year: 2022
  • Tax Amount: $301,992
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 601,712
  • High Value: 715,030
  • Low Value: 488,394

    Market Valuation

  • Market Total Value: $342,888
  • Market Land Value: $38,250
  • Market Improvement Value: $304,638

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $242,584

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 28, 2008
  • Current Sale Recording Date: Apr 10, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1915290
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 Winter Beach

Stats & Trends

Median Asking:

$595,000

Sale Price/ft²

$239

Below Asking

0.03%

Average Days on Market

97

Average Home Size

2413 ft²

Average Home Age

14.3 years

Currently For Sale

73 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 4819 51st Court, Vero Beach, FL, 32967

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
4819 51st Court, Vero Beach, FL, 32967 Listing by Rhonda L Beasley

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Cecelia C Meeks, Compass Florida LLC
Last Updated: 12 months ago
Data Source: RAIRC, MLS# 288809
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 5539 53rd Avenue built and last sold?
The property at 5539 53rd Avenue was built in 2008 and last sold on Mar 28, 2008 for $307,800.
How much is this home worth?
The estimated value of the home located at 5539 53rd Avenue is $419,859.
What are some comparable homes to 5539 53rd Avenue?
There are currently no comparable homes to 5539 53rd Avenue.
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