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Indian River 32967
5857 Pine Ridge Circle
$610,000
● House - Off Market

5857 Pine Ridge Circle

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,933 Ft²
$3,730
Est. Monthly
$250
HOA / Fees
3.09%
Cap Rate

About This Property

Welcome to your tropical oasis-Upon entry take in the lush tropical plants surrounding the screened lanai, heated pool & covered/uncovered areas. After entering the main house take in ample natural light from multiple glass doors/windows. Main house offers 2 primary suites, lg living rm, hall/pool half-bath, formal dining rm/flex space, spacious kit., eat-in kit, den & laundry. BONUS-1 Bedroom-1 Full Bath & Kitchenette Guest House. Both properties were re-plumbed in 2025. Gated comm. offers small clubhouse, comm. pool & exercise room, ind lawn care & low HOA dues. Rm Sizes apprx/sub to error
Unit Size
2,933 Ft²
Days on Market
72 days
Land Size
0.28 acres
Price per sqft
$213
Property Type
House
Property Taxes
$411
HOA Dues
$250
Year Built
2006

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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 #289619)

Price History

Date / Event Date Event Price
Sep 26, 2025 Sold
Premium
Sold
Sep 13, 2025 In contract -
In contract
Aug 22, 2025 Price Decreased $625,000
↓ $30K (4.6%)
Price Decreased
Aug 1, 2025 Price Decreased $655,000
↓ $20K (3%)
Price Decreased
Jul 16, 2025 Listed by Dale Sorensen Real Estate Inc. $675,000
Listed by Dale Sorensen Real Estate Inc.
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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: 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: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,523
  • Lot Size Frontage Feet: 802
  • Total Building Area: 3,373
  • Gross Building Area: 3,373
  • Building Area: 2,933
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,933
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE RIDGE CLUB SUBDIVISION
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PINE RIDGE CLUB SUB LOT 13 PBI 17-20

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 32-39-17-00003-0000-00013.0
  • Lot: 13
  • Meridian: SEC 17 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6941
  • Longitude: -80.447

    Address

  • Full Address: 5857 Pine Ridge Cir
  • Address - House Number: 5857
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R031
  • 4-Digit Zip Code: 6064
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 3,237
  • Tax Year: 2022
  • Tax Amount: $465,644
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2637
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 62
  • Final Value: 736,071
  • High Value: 930,198
  • Low Value: 541,944

    Market Valuation

  • Market Total Value: $469,713
  • Market Land Value: $25,765
  • Market Improvement Value: $443,948

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $359,756

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 02, 2013
  • Current Sale Recording Date: Dec 10, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120130076918
  • Previous Sale Recording Date: Apr 07, 2009
  • Previous Sale Contract Date: Mar 30, 2009
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 71
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 Indian River

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$229

Below Asking

0.03%

Average Days on Market

86

Average Home Size

1967 ft²

Average Home Age

28.3 years

Currently For Sale

1525 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 6580 Canterbridge Drive, Vero Beach, FL, 32967

$2,750 /mo

  • 4 Beds
  • 2 Baths
  • 1,934 ft²
6580 Canterbridge Drive, Vero Beach, FL, 32967 Listing by Milena Melikovna Rios
Unit for rent at 6078 Sequoia Circle, Vero Beach, FL, 32967

$2,940 /mo

  • 3 Beds
  • 2 Baths
  • 1,533 ft²
6078 Sequoia Circle, Vero Beach, FL, 32967 Listing by Adriana Pena Chacon

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Doreen E Valley, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 289619
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 5857 Pine Ridge Circle built and last sold?
The property at 5857 Pine Ridge Circle was built in 2006 and last sold on Dec 2, 2013 for $312,600.
How much is this home worth?
The estimated value of the home located at 5857 Pine Ridge Circle is $0.
What are some comparable homes to 5857 Pine Ridge Circle?
There are currently no comparable homes to 5857 Pine Ridge Circle.
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