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Indian River 32967
6230 Arrowhead Lane
$950,000
● House - Off Market

6230 Arrowhead Lane

Vero Beach, FL 32967
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,657 Ft²
$6,252
Est. Monthly
$161
HOA / Fees
1.49%
Cap Rate

About This Property

Black Bear Reserve is an intimate gated community featuring custom homes on oversized parcels. Situated on a 3/4-acre corner lot with both preserve & lake frontage, it commands a premier location in the community. This spacious pool home offers 4 Beds, 4.5 Baths, an Office and a 3-car garage. Other exceptional quality features include 2nd story concrete block construction, impact windows, brand new Trane A/C, a paver driveway, a heated & screen-enclosed pool with a hot tub & a full cabana bathroom. Soaring ceilings & a large outdoor living space perfect for a large or growing family.Rmszapprox
Unit Size
3,657 Ft²
Days on Market
170 days
Land Size
0.76 acres
Price per sqft
$287
Property Type
House
Property Taxes
$935
HOA Dues
$161
Year Built
2009

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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: 12 months ago (Indian River #287924)

Price History

Date / Event Date Event Price
Oct 24, 2025 Sold
Premium
Sold
Sep 10, 2025 In contract -
In contract
Jun 3, 2025 Relisted $1,050,000
Relisted
May 24, 2025 In contract -
In contract
May 7, 2025 Listed by Dale Sorensen Real Estate Inc. $1,050,000
Listed by Dale Sorensen Real Estate Inc.
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • 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: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 783
  • Parking Space Count: 2
  • Patio Type: 11
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 33,106
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 4,440
  • Gross Building Area: 4,440
  • Building Area: 3,657
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,657
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACK BEAR RESERVE SUBDIVISION
  • Land Acres: 0000000760
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: BLACK BEAR RESERVE SUB LOT 12 PBI 17-86

Neighborhood

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

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 32-39-20-00005-0000-00012.0
  • Lot: 12
  • Meridian: SEC 20 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6773
  • Longitude: -80.4556

    Address

  • Full Address: 6230 Arrowhead Ln
  • Address - House Number: 6230
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R036
  • 4-Digit Zip Code: 6173
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 4,016
  • Tax Year: 2022
  • Tax Amount: $771,999
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 993,728
  • High Value: 1,200,892
  • Low Value: 786,564

    Market Valuation

  • Market Total Value: $687,670
  • Market Land Value: $93,713
  • Market Improvement Value: $593,957

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $577,667

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2018
  • Current Sale Recording Date: May 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120180026456
  • Previous Sale Recording Date: Mar 17, 2008
  • Previous Sale Contract Date: Feb 29, 2008
  • Previous Sale Amount: $125,000
  • 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 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

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: Melanie Walsh, Dale Sorensen Real Estate Inc.
Last Updated: 12 months ago
Data Source: RAIRC, MLS# 287924
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 6230 Arrowhead Lane built and last sold?
The property at 6230 Arrowhead Lane was built in 2009 and last sold on May 1, 2018 for $679,000.
How much is this home worth?
The estimated value of the home located at 6230 Arrowhead Lane is $1,050,180.
What are some comparable homes to 6230 Arrowhead Lane?
There are currently no comparable homes to 6230 Arrowhead Lane.
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