Model Home for Sale - Photos Are of the Actual Home! Experience
elevated Florida living in this professionally designed 4-bedroom,
3-bath model home offering 2,493 sq. ft. of stylish, functional
space. The open-concept layout showcases a spacious great room,
designer kitchen, and dining area that's perfect for entertaining.
Retreat to the luxurious primary suite featuring a tray ceiling and
oversized walk-in closet. A dedicated tech center and flex room
provide endless possibilities for a home office, gym, or playroom.
Located in the gated Hampton Park community, this single-story home
includes a 3-car garage and Meritage Homes' renowned
energy-efficient features. Enjoy convenient access to I-95,
shopping, dining, downtown Vero Beach, and beautiful Treasure Coast
beaches. Don't m
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.
Last updated: 20 days ago (Beaches MLS #B26089436)
Price History
Date / Event
Date
Event
Price
Oct 21, 2026
In contract
-
In contract
Oct 16, 2026
Listed by Meritage Homes Of Fl Realty
$544,990
Listed by Meritage Homes Of Fl Realty
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage
Garage Spaces: 3
Open Parking Spaces: 3
Interior Details
Full Bathrooms: 3
Interior Features: Kitchen Island, Pantry, Walk-In Closet(s), DualSinks
Appliances: Cooktop, Dishwasher, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Washer
Flooring Type: Carpet, Tile, Wood
Laundry Features: Laundry Room
Rooms: 3
Exterior Details
Square Footage: 2493
Square Footage Source: $0
Security Features: Gated Community
Property Condition: New Construction
Architectural Style: Ranch
Year Built: 2024
Waterfront Features: Pond
Builder Name: Meritage Homes
Building Area Total: 3093
Levels: One
Window Features: Blinds
Construction Materials: Block, CBSConcreteBlockStructure
Pool Features: Association
Lot Features: LessThanQuarterAcre
Lot Size Area: 6534
Lot Size Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Lot Size Dimensions: 130 x 65
Water Source: Public
Financial Details
Tax Assessed Value: $437,806
Tax Annual Amount: $636
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
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