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Indian River 32968
6446 5th Place
$325,000
● House - Off Market

6446 5th Place

Vero Beach, FL 32968
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,330 Ft²
$1,793
Est. Monthly

About This Property

This 4-bedroom, 2-bathroom home comes with practical features. The volume ceilings give a sense of spaciousness, while the screened pool beckons for relaxation. The backyard offers a touch of privacy with some light woods. Inside, there are split bedrooms, elegant French doors, and a functional kitchen island. Additional benefits include two convenient storage sheds, along with a relatively new roof installed in 2018. A Must See!
Unit Size
1,330 Ft²
Days on Market
113 days
Land Size
0.24 acres
Price per sqft
$274
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

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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 #279786)

Price History

Date / Event Date Event Price
Nov 1, 2024 Sold
Premium
Sold
Jul 11, 2024 Listed by Compass Florida LLC $365,000
Listed by Compass Florida LLC
Jan 5, 2024 No longer available -
No longer available
Dec 15, 2023 Price Decreased $374,000
↓ $1K (0.3%)
Price Decreased
Oct 27, 2023 Price Decreased $375,000
↓ $25K (6.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 4
  • Garage Square Area: 192
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 8
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,575
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,330
  • Gross Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE TREE PARK UNIT NO 3
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PINE TREE PARK UNIT NO 3 BLK A LOT 17 PBI 3-50

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050704

Zoning

  • Zoning: RS-6

Geography

  • Parcel: 33-39-17-00004-0001-00017.0
  • Block: A
  • Lot: 17
  • Meridian: SEC 17 TWN 33S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6129
  • Longitude: -80.46

    Address

  • Full Address: 6446 5th Pl
  • Legal Unit: NO
  • Address - House Number: 6446
  • Address - Street Name: 5th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R007
  • 4-Digit Zip Code: 9649
  • Zip Code: 32968

Valuation

    Tax

  • Total Area: 1,506
  • Tax Year: 2022
  • Tax Amount: $112,633
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.0802
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 94
  • Final Value: 363,462
  • High Value: 392,643
  • Low Value: 334,282

    Market Valuation

  • Market Total Value: $222,508
  • Market Land Value: $37,791
  • Market Improvement Value: $184,717

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,584

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2011
  • Current Sale Recording Date: Oct 13, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2168356
  • Previous Sale Recording Date: Apr 21, 1999
  • Previous Sale Contract Date: Apr 19, 1999
  • Previous Sale Amount: $87,900
  • 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:

$390,925

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1952 ft²

Average Home Age

28.6 years

Currently For Sale

1640 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 7865 15th Lane, Vero Beach, FL, 32966

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,622 ft²
7865 15th Lane, Vero Beach, FL, 32966 Listing by Jared Michael Haugland

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Anjoel O Wright, Compass Florida LLC
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 279786
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 6446 5th Place built and last sold?
The property at 6446 5th Place was built in 1985 and last sold on Sep 30, 2011 for $100,000.
How much is this home worth?
The estimated value of the home located at 6446 5th Place is $0.
What are some comparable homes to 6446 5th Place?
There are currently no comparable homes to 6446 5th Place.
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