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Indian River 32967
5904 Brae Burn Circle
$255,000
● House - Off Market

5904 Brae Burn Circle

Vero Beach, FL 32967
bedrooms
4 Beds
bathrooms
4 Baths
$516,516
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Simply outstanding, elegant home in small gated community, boasting main house with 3Br/3Ba, & a guest/cabana with a 1BR & 1Ba. Gas cooking & impact glass! Located in a golf area, also convenient to shopping & ten minutes to beach. Over 2800SF of living space! Sizes are approximate subject to error.
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$279
HOA Dues
$250
Year Built
2006

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: 3 years ago (Space Coast MLS #671006)

Price History

Date / Event Date Event Price
May 20, 2021 Sold
Premium
Sold
Aug 5, 2016 Sold
Premium
Sold
Aug 1, 2013 Sold
Premium
Sold
Jun 11, 2013 Listed by Treasure Coast Sotheby's Int'l $265,000
Listed by Treasure Coast Sotheby's Int'l

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • 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: 5
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,294
  • Gross Building Area: 3,294
  • Building Area: 2,854
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,854
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRAE BURN ESTATES
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: BRAE BURN ESTATES SUB LOT 38 PBI 19-97

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 32-39-08-00006-0000-00038.0
  • Lot: 38
  • Meridian: SEC 08 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.7053
  • Longitude: -80.449

    Address

  • Full Address: 5904 Brae Burn Cir
  • Address - House Number: 5904
  • Address - Street Name: Brae Burn
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R031
  • 4-Digit Zip Code: 5258
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 3,227
  • Tax Year: 2022
  • Tax Amount: $521,295
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 686,703
  • High Value: 828,046
  • Low Value: 545,359

    Market Valuation

  • Market Total Value: $464,517
  • Market Land Value: $38,250
  • Market Improvement Value: $426,267

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $403,932

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120210036559
  • Previous Sale Recording Date: Aug 05, 2016
  • Previous Sale Contract Date: Aug 05, 2016
  • Previous Sale Amount: $293,500
  • 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:

$390,000

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1959 ft²

Average Home Age

28.4 years

Currently For Sale

1696 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 4819 51st Court, Vero Beach, FL, 32967

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
4819 51st Court, Vero Beach, FL, 32967 Listing by Rhonda L Beasley

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Michael G Thorpe, Treasure Coast Sotheby's Int'l
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 671006
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 5904 Brae Burn Circle built and last sold?
The property at 5904 Brae Burn Circle was built in 2006 and last sold on May 14, 2021 for $495,000.
How much is this home worth?
The estimated value of the home located at 5904 Brae Burn Circle is $0.
What are some comparable homes to 5904 Brae Burn Circle?
There are currently no comparable homes to 5904 Brae Burn Circle.
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