38
Map
$455,000
●
House -
Off Market
5954 Ridge Lake Circle
Vero Beach, FL 32967
5 Beds
3 Baths
3,002 Ft²
$2,487
Est. Monthly
$88
HOA / Fees
About This Property
Welcome to your perfect retreat in Vero Beach! This stunning home
is nestled in a gated community & offers 5 spacious bedrooms + a
loft, providing ample space for all your needs. With 3 full
bathrooms, there's no need to wait in line for your turn! Enjoy
breathtaking views of the lake right from your living room. Stay
cool & comfortable with two brand new A/C units. The kitchen is a
chef's dream, featuring double ovens, 2 sinks & two refrigerators,
making meal prep a breeze. Escape to your very own oasis in this
sought-after neighborhood, while being close to all of Vero's
amenities.
Unit Size
3,002 Ft²
Days on Market
133 days
Land Size
0.18 acres
Price per sqft
$150
Property Type
House
Property Taxes
$189
HOA Dues
$88
Year Built
2008
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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 months ago (Beaches MLS #R10946172)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | In contract | - | |
| In contract | |||
| Jan 1, 2024 | Listed by Keller Williams Rlty Vero Bch | $450,000 | |
| Listed by Keller Williams Rlty Vero Bch | |||
   | |||
|
Welcome to your perfect retreat in Vero Beach! This stunning home is nestled in a gated community & offers 5 spacious bedrooms + a loft, providing ample space for all your needs. With 3 full bathrooms, there's no need to wait in line for your turn! Enjoy breathtaking views of the lake right from your living room. Stay cool & comfortable with two brand new A/C units. The kitchen is a chef's dream, featuring double ovens, 2 sinks & two refrigerators, making meal prep a breeze. Escape to your very own oasis in this sought-after neighborhood, while being close to all of Vero's amenities.
| |||
| Aug 8, 2023 | No longer available | - | |
| No longer available | |||
| Jul 21, 2023 | Listed by Keller Williams Realty of Vero Beach | $530,000 | |
| Listed by Keller Williams Realty of Vero Beach | |||
| | |||
|
Welcome to your perfect retreat in Vero Beach! This stunning home is nestled in a gated community & offers 5 spacious bedrooms + a loft, providing ample space for all your needs. With 3 full bathrooms, there's no need to wait in line for your turn! Enjoy breathtaking views of the lake right from your living room. Stay cool & comfortable with two brand new A/C units. The kitchen is a chef's dream, featuring double ovens, 2 sinks & two refrigerators, making meal prep a breeze. Escape to your very own oasis in this sought-after neighborhood, while being close to all of Vero's amenities. The manager has listed the unit size as 3002 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indian River
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Listed by: Tyler Faoro
Keller Williams Realty of Vero
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R10946172
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.
Keller Williams Realty of Vero
Last Updated: 2 months ago
Data Source: Beaches MLS, MLS# R10946172
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