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Winter Beach 32967
5832 Lake Pine Road
$1,050,000
● House - Off Market

5832 Lake Pine Road

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,758 Ft²
$5,389
Est. Monthly
$233
HOA / Fees
2.07%
Cap Rate

About This Property

Put this one at the top of your list because it has all the extras. Immaculate home in a much sought after golf community. Top features include, 14X35 salt water, heated pool w/sun shelf & spa.  58' long covered patio w/panoramic & retractable screens & outdoor shower. 3 bay garage + 13X11 separate workshop w/epoxy flooring. Oversized corner lot w/lush tropical landscaping for ultimate privacy & garden lighting. Magnificent chef's kitchen w/gas cook top, double oven & massive island. Great room has a wall built-in w/electric fireplace. An abundance of storage throughout & so much more.
Unit Size
2,758 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$381
Property Type
House
Property Taxes
-
HOA Dues
$233
Year Built
2021

Payment Calculator

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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 #282913)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Premium
Sold
Nov 22, 2024 In contract -
In contract
Nov 15, 2024 Listed by RE/MAX Crown Realty VB $1,050,000
Listed by RE/MAX Crown Realty VB
Oct 6, 2021 Sold
Premium
Sold
Oct 23, 2020 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 650
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Depth Feet: 1,494
  • Lot Size Frontage Feet: 1,344
  • Total Building Area: 3,300
  • Gross Building Area: 3,300
  • Building Area: 2,650
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BENT PINE PRESERVE PHASE 1
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: BENT PINE PRESERVE PHASE 1 LOT 61 PBI 30-67

Neighborhood

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

Zoning

  • Zoning: RM-4

Geography

  • Subdivision Phase Number: 1
  • Parcel: 32-39-16-00012-0000-00061.0
  • Lot: 61
  • Meridian: SEC 16 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6989
  • Longitude: -80.4422

    Address

  • Full Address: 5832 Lake Pine Rd
  • Address - House Number: 5832
  • Address - Street Name: Lake Pine
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 1859
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $808,265
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 843,881
  • High Value: 1,002,806
  • Low Value: 684,956

    Market Valuation

  • Market Total Value: $656,480
  • Market Land Value: $68,000
  • Market Improvement Value: $588,480

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $603,522

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3120210070219
  • Previous Sale Recording Date: Oct 23, 2020
  • Previous Sale Contract Date: Oct 23, 2020
  • Previous Sale Amount: $303,050
  • Previous Sale Document Type: 68
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

Rentals Near You

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RAIRC

Listed by: Rebecca R Durando, RE/MAX Crown Realty VB
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 282913
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 5832 Lake Pine Road built and last sold?
The property at 5832 Lake Pine Road was built in 2021 and last sold on Oct 6, 2021 for $783,900.
How much is this home worth?
The estimated value of the home located at 5832 Lake Pine Road is $0.
What are some comparable homes to 5832 Lake Pine Road?
There are currently no comparable homes to 5832 Lake Pine Road.
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