36
Map
$489,000
●
House -
For Sale
5985 Ridge Lake Circle
Vero Beach, FL 32967
3 Beds
2 Baths,
1
Half Bath
2,520 Ft²
$2,854
Est. Monthly
$92
HOA / Fees
About This Property
Exceptional Family Home! Room for a pool! Offering 3BR/2.5BA, plus
den/office can be 4th bedroom, large family room off kitchen,
upstairs loft area, 2020 AC, new Refrigerator, newer paint inside &
out, updated tile on main floor, new carpet, updated granite in
kitchen, updated bathrooms. A real 3-car garage, LARGE corner lot
with fenced yard, great for pets and kids! Low HOA fees! Near
Sandridge golf club and the fairgrounds, 15 min to the beach.
Unit Size
2,520 Ft²
Days on Market
46 days
Land Size
0.21 acres
Price per sqft
$194
Property Type
House
Property Taxes
$361
HOA Dues
$92
Year Built
2008
Listed By
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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: 13 days ago (Indian River #299842)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2026 | Listed by Berkshire Hathaway Florida | $489,000 | |
| Listed by Berkshire Hathaway Florida | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 15, 2025 | Listed by Berkshire Hathaway Florida | $489,000 | |
| Listed by Berkshire Hathaway Florida | |||
| | |||
|
Impressive Two-Story Home offers 3-Bedrooms, 2-Full baths, 1-Half Bath, plus Den/Office can be 4th bedroom. The large family room off the open kitchen is perfect for entertaining, an upstairs loft area with closet (could be dry-walled for 5th bedroom). Newer 2020 AC, new paint inside & out, new tile on main floors, new granite on kitchen counters, new refrigerator, updated bathrooms. True 3-car garage with deep driveway and a large fenced corner lot perfect for kids or pets to safely play. Gated Community Located Near Sand Ridge Golf Club, Fairgrounds, Shopping and Schools, 20min to the beach.
| |||
| Mar 6, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 29, 2025 | Listed by Berkshire Hathaway Florida | $465,900 | |
| Listed by Berkshire Hathaway Florida | |||
| | |||
|
Impressive Two-Story Home offers 3-Bedrooms, 2-Full baths, 1-Half Bath, plus Den/Office can be 4th bedroom. The large family room off the open kitchen is perfect for entertaining, an upstairs loft area with closet (could be dry-walled for 5th bedroom). Newer 2020 AC, new paint inside & out, new tile on main floors, new carpet, new granite on kitchen counters, updated bathrooms. True 3-car garage with deep driveway and a large fenced corner lot perfect for kids or pets to safely play. Gated Community Located Near Sandridge Golf Club, Fairgrounds, Shopping and Schools, 20 min to the beach.
| |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Attached, Driveway, ThreeCarGarage, ThreeOrMoreSpaces
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
Flooring Type: Concrete, Tile, Wood
Laundry Features: Laundry Closet, Lower Level
Rooms: 9
Exterior Details
Square Footage: 2520
Square Footage Source: $0
Security Features: Gated Community
Architectural Style: TwoStory
Year Built: 2008
Waterfront Features: None
Levels: Two
Window Features: Blinds
Construction Materials: Block, Concrete, Stucco
Pool Features: None
Lot Features: Corner Lot, LessThanQuarterAcre
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9147.6
Lot Size Dimensions: 78x120
Tax Lot: 35
Water Source: Public
Financial Details
Tax Annual Amount: $4,329
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : CountySewer
Location Details
HOA/Condo/Coop Fee Includes: CommonAreas
HOA/Condo/Coop Amenities: DuesPaidMonthly
HOA Fee: $92
HOA Fee Frequency: Monthly
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: Cheryl L Burge, Berkshire Hathaway Florida
Last Updated: 13 days ago
Data Source: RAIRC, MLS# 299842
Last Updated: 13 days ago
Data Source: RAIRC, MLS# 299842
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