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Winter Beach 32967
6161 56th Avenue
$675,000
● House - Off Market

6161 56th Avenue

Vero Beach, FL 32967
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,931 Ft²
$4,157
Est. Monthly
$263
HOA / Fees
2.64%
Cap Rate

About This Property

TOTAL HOUSE RE-PIPE! Beautiful home w/Spacious courtyard design & NEW Salt water POOL/SPA (2022). Luxury vinyl flooring & designer Owner's suite bath. 4/4 with 12' volume ceilings. Primary suite/2 bedrooms on main floor, oversized playroom/bedroom/bath on 2nd level. Large kitchen w/SS appliances, granite counters, white wood cabinets, built-in bar. Dining area overlooks pool w/LAKE VIEW. Formal dining room for extra seating. Perfect layout to live/work from home & entertain family/friends. Epoxy garage floor, electric shades, storm protection. Gated w/Low monthly maintenance. Great value!
Unit Size
2,931 Ft²
Days on Market
295 days
Land Size
0.22 acres
Price per sqft
$234
Property Type
House
Property Taxes
$530
HOA Dues
$263
Year Built
2005

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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 #278435)

Price History

Date / Event Date Event Price
Mar 12, 2025 Sold
Premium
Sold
Jan 27, 2025 In contract -
In contract
Jan 18, 2025 Relisted $685,000
Relisted
Jan 12, 2025 In contract -
In contract
Dec 9, 2024 Price Decreased $675,000
↓ $20K (2.9%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • 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: 25
  • 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: 462
  • Parking Space Count: 2
  • Patio Type: 19
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,393
  • Gross Building Area: 3,558
  • Building Area: 2,931
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,931
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE TRACE SUB (PBI 17-34), REPLAT OF
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: EAGLE TRACE SUB (PBI 17-34), REPLAT OF BLK B LOT 16 PBI 19-12

Neighborhood

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

Zoning

  • Zoning: RS-6

Geography

  • Parcel: 32-39-09-00012-0002-00016.0
  • Block: B
  • Lot: 16
  • Meridian: SEC 09 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.7066
  • Longitude: -80.4445

    Address

  • Full Address: 6161 56th Ave
  • Address - House Number: 6161
  • Address - Street Name: 56th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R031
  • 4-Digit Zip Code: 5397
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 3,173
  • Tax Year: 2022
  • Tax Amount: $494,638
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 520,105
  • High Value: 618,540
  • Low Value: 421,670

    Market Valuation

  • Market Total Value: $340,595
  • Market Land Value: $34,000
  • Market Improvement Value: $306,595

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $340,595
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $306,595

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120210030784
  • Previous Sale Recording Date: Dec 13, 2005
  • Previous Sale Contract Date: Nov 28, 2005
  • Previous Sale Amount: $385,000
  • 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 Winter Beach

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$239

Below Asking

0.03%

Average Days on Market

95

Average Home Size

2411 ft²

Average Home Age

14 years

Currently For Sale

81 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.
RAIRC

Listed by: Claire H Higgins, Engel & Voelkers Vero Beach
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 278435
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 6161 56th Avenue built and last sold?
The property at 6161 56th Avenue was built in 2005 and last sold on Apr 28, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 6161 56th Avenue is $0.
What are some comparable homes to 6161 56th Avenue?
There are currently no comparable homes to 6161 56th Avenue.
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