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Indian River 32966
6290 12th Street
$330,000
● Land - Off Market

6290 12th Street

Vero Beach, FL 32966
bedrooms
Studio
bathrooms
0 Bath
square feet
200,000 Ft²
$1,729
Est. Monthly

About This Property

This 5+/- acre lot offers the perfect blend of seclusion and convenience with no restrictions, no HOA, and no timetable to build. Situated on a paved road just west of 58th Ave, this lot is remote and quiet while remaining close to all of Vero Beach's shopping and necessities. Build your dream estate with ample room for all your ideas. Power is available on the west property line, and there's potential of a flow well. Two adjacent 5-acre lots are also available (not included), offering the opportunity to create a 15-acre estate complete with a 6,400 sq. ft. metal building.  Don't miss out!
Unit Size
200,000 Ft²
Days on Market
176 days
Land Size
4.60 acres
Price per sqft
$2
Property Type
Land
Property Taxes
$10
HOA Dues
-
Year Built
-

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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 #280580)

Price History

Date / Event Date Event Price
Feb 7, 2025 Sold
Premium
Sold
Jan 20, 2025 In contract -
In contract
Jan 13, 2025 Price Decreased $350,000
↓ $10K (2.8%)
Price Decreased
Dec 19, 2024 Price Decreased $360,000
↓ $15K (4%)
Price Decreased
Dec 11, 2024 Price Decreased $375,000
↓ $24K (6%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 200,376
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: SCHACHT (A OF E)
  • Land Acres: 0000004600
  • Standard Land Use Code: 7012
  • County Land Use Code: 6000
  • Legal Description 1: SCHACHT (A OF E) LOT 1 PBI 30-57

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050709

Zoning

  • Zoning: A-1

Geography

  • Parcel: 33-39-08-00004-0000-00001.0
  • Lot: 1
  • Meridian: SEC 08 TWN 33S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.625
  • Longitude: -80.4568

    Address

  • Full Address: 6290 12th St
  • Address - House Number: 6290
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Vero Beach
  • Zip Code: 32966

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,492
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 7

    Market Valuation

  • Market Total Value: $136,850
  • Market Land Value: $136,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,242

    Sales

  • Current Sale Contract Date: Sep 10, 2019
  • Current Sale Recording Date: Sep 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120190053240
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:

$389,900

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

86

Average Home Size

1963 ft²

Average Home Age

28.3 years

Currently For Sale

1521 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 1905 77th Drive, VERO BEACH, FL, 32966

$2,075 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
1905 77th Drive, VERO BEACH, FL, 32966 Listing by Miguel Brito Sime
Unit for rent at 1820 Waterford Drive, Vero Beach, FL, 32966

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,324 ft²
1820 Waterford Drive #3, Vero Beach, FL, 32966 Listing by Cindy L Leonard

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: T.P. Kennedy, Alex MacWilliam, Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 280580
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 6290 12th Street built and last sold?
The property at 6290 12th Street was built in and last sold on Sep 10, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 6290 12th Street is $0.
What are some comparable homes to 6290 12th Street?
There are currently no comparable homes to 6290 12th Street.
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