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Winter Beach 32967
5560 61st Place
$625,000
● House - Off Market

5560 61st Place

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,236 Ft²
$3,673
Est. Monthly
$270
HOA / Fees
4.13%
Cap Rate

About This Property

Welcome to your dream home! This exquisite 3/3 CBS home offers the perfect blend of luxury & comfort. Enjoy Florida lifestyle with a screened pool and a summer kitchen. Discover tile floors and new countertops throughout. The spacious master suite features his and her walk-in closets, walk in shower, split floor plan. The kitchen and living area seamlessly open to each other, creating an inviting atmosphere. Additional features include impact windows, a 2.5-car garage with an extra AC storage room, built-in breakfast nook. Covered lanai offers a  space to relax & enjoy the lake view.
Unit Size
2,236 Ft²
Days on Market
151 days
Land Size
0.22 acres
Price per sqft
$288
Property Type
House
Property Taxes
$236
HOA Dues
$270
Year Built
2018

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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: 9 months ago (Indian River #291037)

Price History

Date / Event Date Event Price
Feb 10, 2026 Sold
Premium
Sold
Jan 30, 2026 In contract -
In contract
Jan 15, 2026 Price Decreased $644,900
↓ $5K (0.8%)
Price Decreased
Sep 27, 2025 Relisted $650,000
Relisted
Sep 12, 2025 Listed by One Sotheby's Int'l Realty $650,000
Listed by One Sotheby's Int'l Realty
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 669
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,905
  • Gross Building Area: 2,905
  • Building Area: 2,236
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE TRACE PHASE 2 SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: EAGLE TRACE PHASE 2 SUB BLK C LOT 30 PBI 22-8

Neighborhood

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

Zoning

  • Zoning: RS-6

Geography

  • Subdivision Phase Number: 2
  • Parcel: 32-39-09-00013-0003-00030.0
  • Block: C
  • Lot: 30
  • Meridian: SEC 09 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.7053
  • Longitude: -80.4432

    Address

  • Full Address: 5560 61st Pl
  • Address - House Number: 5560
  • Address - Street Name: 61st
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R031
  • 4-Digit Zip Code: 6434
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $262,561
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 535,241
  • High Value: 636,042
  • Low Value: 434,441

    Market Valuation

  • Market Total Value: $328,367
  • Market Land Value: $42,500
  • Market Improvement Value: $285,867

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $214,473

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2018
  • Current Sale Recording Date: Jul 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3120180043941
  • Previous Sale Recording Date: Sep 14, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 71
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:

$575,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

98

Average Home Size

2403 ft²

Average Home Age

14.5 years

Currently For Sale

68 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 6580 Canterbridge Drive, Vero Beach, FL, 32967

$2,850 /mo

  • 4 Beds
  • 2 Baths
  • 1,934 ft²
6580 Canterbridge Drive, Vero Beach, FL, 32967 Listing by Milena Melikovna Rios

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Peggy Ann Brown, One Sotheby's Int'l Realty
Last Updated: 9 months ago
Data Source: RAIRC, MLS# 291037
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 5560 61st Place built and last sold?
The property at 5560 61st Place was built in 2018 and last sold on Jul 17, 2018 for $358,300.
How much is this home worth?
The estimated value of the home located at 5560 61st Place is $0.
What are some comparable homes to 5560 61st Place?
There are currently no comparable homes to 5560 61st Place.
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