When was property at 5560 59th Terrace built and last sold?

The property at 5560 59th Terrace was built in 1971 and last sold on Jan 28, 2022 for $245,000.

How much is this home worth?

The estimated value of the home located at 5560 59th Terrace is $301,990.

What are some comparable homes to 5560 59th Terrace?

There are currently no comparable homes to 5560 59th Terrace.

Indian River

32967

5560 59th Terrace

Sold on Mar 17, 2025

Map

$279,000

● Land - Off Market

5560 59th Terrace

Vero Beach, FL 32967

Studio

0 Bath

$1,740

Est. Monthly

About This Property

Beautiful property & Rare find ~ 2.2 Acres with Utilities: Well, Septic/Drainfield, Electric, on a dead end street & No HOA. Property can be split into two 1.1 Acre Parcels, Trailer on property to use while you build. RV on the property can be purchased separately or included in the sale depending on the price. Plans available.

Unit Size

Days on Market

140 days

Land Size

2.20 acres

Price per sqft

Property Type

Land

Property Taxes

$271

HOA Dues

Year Built

1971

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R11032187)

Price History

Date / Event	Date	Event
Mar 17, 2025	Sold	Premium
Sold
Feb 17, 2025	In contract	-
In contract
Dec 31, 2024	Price Decreased	$299,000 ↓ $16K (5.1%)
Price Decreased
Oct 28, 2024	Listed by Billero & Billero Properties	$315,000
Listed by Billero & Billero Properties

	Beautiful property & Rare find ~ 2.2 Acres with Utilities: Well, Septic/Drainfield, Electric, on a dead end street & No HOA. Property can be split into two 1.1 Acre Parcels, Trailer on property to use while you build, Plans available.
Jan 11, 2023	No longer available	-
No longer available
Aug 30, 2022	Price Decreased	$299,900 ↓ $15K (4.8%)
Price Decreased
Jul 18, 2022	Listed by Billero & Billero Properties	$315,000
Listed by Billero & Billero Properties

	Beautiful property & Rare find ~ 2.2 Acres with Utilities on a dead end street & No HOA. Trailer on property to use while you build. (RV on property also that can be purchased separately.)
Feb 1, 2022	Sold	Premium
Sold
Dec 7, 2021	Listed by Live Oaks Realty Inc	$295,000
Listed by Live Oaks Realty Inc

	Don't miss out on this opportunity to purchase over 2 acres on a dead end street. Keep the trailer and live in it while you build your dream house or seller can have it removed at buyer's request. Room sizes are approx. and subject to error.
Aug 19, 2021	No longer available	-
No longer available
Aug 3, 2021	Listed by Billero & Billero Properties	$295,000
Listed by Billero & Billero Properties
Jul 27, 2020	Sold	Premium
Sold
Jul 2, 2020	No longer available	-
No longer available
Apr 10, 2020	Relisted	$185,000
Relisted
Apr 7, 2020	No longer available	-
No longer available
Mar 9, 2020	Listed by Billero & Billero Properties	$185,000
Listed by Billero & Billero Properties
Oct 3, 2019	No longer available	-
No longer available
Aug 20, 2019	No longer available	-
No longer available
Mar 22, 2019	Price Decreased	$178,500 ↓ $500 (0.3%)
Price Decreased
Jan 10, 2019	Price Decreased	$179,000 ↓ $10K (5.3%)
Price Decreased
Oct 28, 2018	Price Decreased	$189,000 ↓ $1K (0.5%)
Price Decreased
Jun 13, 2018	Listed	$190,000
Listed

	2.2 acres fully fenced and gated. 600 feet west of 58th Ave, adjacent to Pine Ridge and just west of Bent Pine, VeroLago, and Waterway Village. Property is owned to the center of the street. Current manufactured home could be updated or be home base while you build your dream home.
Apr 3, 2018	Listed	$190,000
Listed

	2.2 acres fully fenced and gated. 600 feet west of 58th Ave, adjacent to Pine Ridge and just west of Bent Pine, VeroLago, and Waterway Village. Property is owned to the center of the street. Current manufactured home could be updated or be home base while you build your dream home.
Apr 17, 2006	Sold	Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

General

Year Built: 1971

Effective Year Built: 1971
Building Count: 1
Bedroom Count: 0
Building Condition: 0
Building Quality: 7
Construction Type: 17
Building Style: 33
Exterior Walls Type: 10
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 35
Pool Type: 8
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 95,832

Lot Size Frontage Feet: 958,320
Total Building Area: 957
Gross Building Area: 957
Building Area: 957
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 957
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: 0000002200
Standard Land Use Code: 1006
County Land Use Code: 0200
State Land Use Code: 02
Mobile Home Indicator: T
Legal Description 1: INDIAN RIVER FARMS COMPANY S/D PBS 2 - 25 SEC 17 TWP 32 RGE 39 TR 9 MORE PART DESC AS FOLL THE S 292.41 FT OF THE N 1199.82 FT OF THE E 328.80 FT OF THE W 20 AC OF TR 9

Neighborhood

School District Name: Indian River County School District

Census Tract: 050811

Zoning

Zoning: RS-3

Geography

Subdivision Tract Number: 9

Parcel: 32-39-17-00001-0090-00010.0
Meridian: SEC 17 TWN 32S RNG 39E
Municipality: UNINCORPORATED
Latitude: 27.6942
Longitude: -80.4488

Address

Full Address: 5560 59th Ter

Address - House Number: 5560
Address - Street Name: 59th
Address - Suffix Type: Ter
State: FL
City Name: Vero Beach
Carrier Code: R031
4-Digit Zip Code: 6054
Zip Code: 32967

Valuation

Tax

Total Area: 917

Tax Year: 2022
Tax Amount: $140,842
Tax Rate Code Area: 7

Appraisal Valuation

Standard Deviation: 0.0802

Valuation Date: Jan 03, 2024
Confidence Score: 94
Final Value: 287,033
High Value: 310,078
Low Value: 263,989

Market Valuation

Market Total Value: $85,297

Market Land Value: $65,450
Market Improvement Value: $19,847

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $85,297
Assessed Land Value: $65,450
Assessed Improvements Value: $19,847

Sales

Current Sale Contract Date: Jan 28, 2022

Current Sale Recording Date: Feb 01, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 6666
Previous Sale Recording Date: Jul 27, 2020
Previous Sale Contract Date: Jul 27, 2020
Previous Sale Amount: $163,500
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Indian River

Stats & Trends

Median Asking:

$390,000

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

Average Home Size

1957 ft²

Average Home Age

28.4 years

Currently For Sale

1714 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

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Listed by: Christina H Ripple
Billero & Billero Properties
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R11032187

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.