$400,000
●
House -
Off Market
5593 1st Square
Vero Beach, FL 32968
3 Beds
3 Baths
2,278 Ft²
$2,427
Est. Monthly
$107
HOA / Fees
About This Property
Popular DR Horton Redbud floor plan, features triple split
bedrooms/baths. Oversized kitchen with double granite islands plus
eat in space too. Preferred great room plan is perfect for
entertaining. The deep flat back yard is pool sized, create a
perfect play ground. or ready to landscape onto a tropical garden.
Covered back patio to enjoy out of doors yet be protected from the
elements. Convenient location near 58th and all the major shopping
and dining available there. Why build when this home is move in
ready now. Low HOA fees. Short 15 mins to the pristine beaches of
Vero.Call today! 3/3/3
Unit Size
2,278 Ft²
Days on Market
234 days
Land Size
0.23 acres
Price per sqft
$191
Property Type
House
Property Taxes
$184
HOA Dues
$107
Year Built
2020
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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: 5 months ago (Beaches MLS #R10998221)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by RE/MAX Select Group | $435,000 | |
| Listed by RE/MAX Select Group | |||
| May 25, 2024 | Listed by RE/MAX Select Group | $475,000 | |
| Listed by RE/MAX Select Group | |||
| | |||
|
Popular DR Horton Redbud floor plan, features triple split bedrooms/baths. Oversized kitchen with double granite islands plus eat in space too. Preferred great room plan is perfect for entertaining. The deep flat back yard is pool sized, create a perfect play ground. or ready to landscape onto a tropical garden. Covered back patio to enjoy out of doors yet be protected from the elements. Convenient location near 58th and all the major shopping and dining available there. Why build when this home is move in ready now. Low HOA fees. Short 15 mins to the pristine beaches of Vero.Call today! 3/3/3
| |||
| May 26, 2023 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Vero Beach South
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Listed by: Joanne Montgomery
RE/MAX Select Group
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10998221
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.
RE/MAX Select Group
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10998221
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