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Indian River 32967
6090 57th Street
$735,000
● House - Off Market

6090 57th Street

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$4,110
Est. Monthly
2.63%
Cap Rate

About This Property

Come out to this "not too remote" 5+ acre homesite which still has all the charm of Old Florida yet has a wonderfully modern 2003 Tozzolo  built home w/ a 2020 metal roof! So many features: 3 bedrooms, 2 baths, 3 car garage; formal living room w/ beautiful custom-built wall unit & vaulted ceilings, formal dining area, family room; phenomenal kitchen; roomy primary bedroom w/ terrific bath; tile throughout; inside laundry room w/ upright freezer. The property boasts county water, shed, chick coop, plus a John Deere riding mower! There is 1/2 acre of seasonal wetlands in back & gopher tortoises.
Unit Size
1,900 Ft²
Days on Market
200 days
Land Size
5.45 acres
Price per sqft
$408
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
2003

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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 #279604)

Price History

Date / Event Date Event Price
Jan 21, 2025 Sold
Premium
Sold
Nov 13, 2024 In contract -
In contract
Jul 5, 2024 Listed by Custom Real Estate Srvcs IRC $775,000
Listed by Custom Real Estate Srvcs IRC
Mar 26, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 702
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 237,402
  • Lot Size Frontage Feet: 2,374,020
  • Total Building Area: 2,602
  • Gross Building Area: 2,602
  • Building Area: 1,900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN RIVER FARMS COMPANY S/D
  • Land Acres: 0000005450
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: INDIAN RIVER FARMS CO SUB PBS 2-12 E 20.02 A OF TR 7, LESS E 10.0 AC, LESS R/W AS DESC IN OR 584 PG 1117, LESS S 700 FT OF E 256 FT

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Subdivision Tract Number: 7
  • Parcel: 32-39-17-00001-0070-00003.1
  • Block: 17323
  • Lot: 7
  • Meridian: SEC 17 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6998
  • Longitude: -80.4517

    Address

  • Full Address: 6090 57th St
  • Address - House Number: 6090
  • Address - Street Name: 57th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R031
  • 4-Digit Zip Code: 6005
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 2,469
  • Tax Year: 2022
  • Tax Amount: $355,565
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 591,037
  • High Value: 700,871
  • Low Value: 481,203

    Market Valuation

  • Market Total Value: $380,564
  • Market Land Value: $162,138
  • Market Improvement Value: $218,426

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $273,114

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2014
  • Current Sale Recording Date: Mar 26, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120140016954
  • Previous Sale Recording Date: Aug 27, 2010
  • Previous Sale Contract Date: Aug 27, 2010
  • Previous Sale Document Type: 69
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

84

Average Home Size

1953 ft²

Average Home Age

28.5 years

Currently For Sale

1733 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

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RAIRC

Listed by: Lauren W Connolly, Custom Real Estate Srvcs IRC
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 279604
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 6090 57th Street built and last sold?
The property at 6090 57th Street was built in 2003 and last sold on Mar 19, 2014 for $80,100.
How much is this home worth?
The estimated value of the home located at 6090 57th Street is $0.
What are some comparable homes to 6090 57th Street?
There are currently no comparable homes to 6090 57th Street.
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