85
Map
$419,000
↓ $11K (2.6%)
●
House -
For Sale
5585 40th Avenue
Vero Beach, FL 32967
3 Beds
2 Baths
1,810 Ft²
Upcoming Open House
1PM - 3PM, Sun, Oct 4
-
Book now
$2,851
Est. Monthly
$283
HOA / Fees
About This Property
This 3-bedroom, 2-bath single-family home in Verolago Phase 4
offers 1,810 square feet of comfortable living space on one level.
The open floor plan is well-suited to modern living, with a
well-appointed living room that serves as the heart of the home. A
two-car garage provides secure parking and storage, while the
single-story design eliminates stairs and simplifies maintenance.
Located in the Vero Beach community, this residence delivers solid
value and practical comfort for buyers seeking a straightforward,
move-in-ready home.
Unit Size
1,810 Ft²
Days on Market
184 days
Land Size
0.20 acres
Price per sqft
$231
Property Type
House
Property Taxes
$510
HOA Dues
$283
Year Built
2017
Listed By
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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 days ago (Beaches MLS #B26010306)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | Price Decreased |
$419,000
↓ $11K
(2.6%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$429,990
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Apr 8, 2026 | Price Decreased |
$439,990
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by LPT Realty, LLC | $459,888 | |
| Listed by LPT Realty, LLC | |||
| Nov 12, 2024 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage, Garage Door Opener, Paver Block
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: High Ceilings, Kitchen Island, Pantry, Soaking Tub, Walk-In Closet(s), Bathtub, DualSinks, SplitBedrooms, SeparateShower
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Oven, Range, Refrigerator, Water Softener Owned, Water Softener, Water Heater, Washer
Flooring Type: Tile
Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room, Sink, LaundryTub
Rooms: 6
Exterior Details
Square Footage: 1810
Square Footage Source: $0
Security Features: Closed Circuit Camera(s), Gated Community
Property Condition: Resale
Architectural Style: Ranch
Year Built: 2017
Waterfront Features: None
Building Area Total: 1810
Levels: One
Window Features: Blinds, Storm Window(s)
Construction Materials: Block, Concrete, Stucco, CBSConcreteBlockStructure
Patio and Porch Features: Covered, Patio, Porch, Screened
Pool Features: Association
Lot Features: Cul-De-Sac, LessThanQuarterAcre
Lot Size Area: 8712
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Lot Size Dimensions: 60.0 ft x 148.0 ft
Water Source: Public
Financial Details
Tax Assessed Value: $403,003
Tax Annual Amount: $6,122
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Security, CommonAreas, RecreationFacilities, ReserveFund
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Playground, Park, Pool, Tennis Court(s), Pickleball, Sidewalks
HOA Fee: $283
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Winter Beach
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Listed by: Jeffrey M Schecht
LPT Realty, LLC
Last Updated: 2 days ago
Data Source: Beaches MLS, MLS# B26010306
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.
LPT Realty, LLC
Last Updated: 2 days ago
Data Source: Beaches MLS, MLS# B26010306
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017