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Winter Beach 32967
5582 49th Avenue
$430,000
● House - Off Market

5582 49th Avenue

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,810 Ft²
$2,757
Est. Monthly
$292
HOA / Fees
3.52%
Cap Rate

About This Property

Fast close! One-of-a-kind lakefront 3BR 2 BA plus office/extra storage AND 3 CAR garage in popular gated community w/fab amenities including pool and gym, AND low HOA that includes lawn care, located just 5 minutes to shopping and about 7 to the beach! Over 1800 sf plus  a huge extended screened porch, tinted/impact glass, extended oversized single level kitchen island, beautiful engineered wood floors in BRs, plantation shutters, custom closets, upgraded master bath w/large shower and bench seat. Meticulously maintained, exterior painted 2024, tile roof cleaned 2025. Not in a flood zone!
Unit Size
1,810 Ft²
Days on Market
112 days
Land Size
0.25 acres
Price per sqft
$249
Property Type
House
Property Taxes
$255
HOA Dues
$292
Year Built
2015

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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 #288243)

Price History

Date / Event Date Event Price
Sep 9, 2025 Sold
Premium
Sold
Aug 16, 2025 In contract -
In contract
Aug 7, 2025 Price Decreased $450,000
↓ $29K (6.1%)
Price Decreased
Jul 4, 2025 Price Decreased $479,000
↓ $21K (4.2%)
Price Decreased
Jun 15, 2025 Price Decreased $500,000
↓ $25K (4.8%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 11
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,597
  • Lot Size Frontage Feet: 1,124
  • Total Building Area: 2,190
  • Gross Building Area: 2,262
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VEROLAGO PHASE 2
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: VEROLAGO PHASE 2 LOT 371 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: 32-39-16-00005-0000-00371.0
  • Lot: 371
  • Meridian: SEC 16 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6963
  • Longitude: -80.4372

    Address

  • Full Address: 5582 49th Ave
  • Address - House Number: 5582
  • Address - Street Name: 49th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 2463
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $283,630
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 476,827
  • High Value: 561,967
  • Low Value: 391,687

    Market Valuation

  • Market Total Value: $301,429
  • Market Land Value: $38,250
  • Market Improvement Value: $263,179

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $229,494

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2015
  • Current Sale Recording Date: Nov 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3120150067652
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 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: Kelly Fischer, EXP Realty, LLC
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 288243
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 5582 49th Avenue built and last sold?
The property at 5582 49th Avenue was built in 2015 and last sold on Oct 29, 2015 for $270,800.
How much is this home worth?
The estimated value of the home located at 5582 49th Avenue is $455,067.
What are some comparable homes to 5582 49th Avenue?
There are currently no comparable homes to 5582 49th Avenue.
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