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Indian River 32966
6450 36th Lane
$517,500
● House - Off Market

6450 36th Lane

Vero Beach, FL 32966
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,942 Ft²
$3,136
Est. Monthly
$198
HOA / Fees
3.84%
Cap Rate

About This Property

Located in the private, gated community of Oak Chase, this 3-bed, 2-bath home offers exceptional value with high-cost upgrades already completed including a durable metal roof, whole-home re-pipe, and freshly painted interior/exterior. The 3-car garage & oversized paver driveway are impressive. Inside, you'll find 1,942 sq ft living space, a split floor plan, 14' ceilings, & tile flooring. The kitchen features granite countertops, solid wood cabinetry, & a gas cooktop. Step outside to your heated, saline pool.  Set on a quiet cul-de-sac, this home combines quality finishes & smart updates.
Unit Size
1,942 Ft²
Days on Market
105 days
Land Size
-
Price per sqft
$275
Property Type
House
Property Taxes
$310
HOA Dues
$198
Year Built
2004

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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 #290171)

Price History

Date / Event Date Event Price
Nov 20, 2025 Sold
Premium
Sold
Oct 27, 2025 In contract -
In contract
Sep 11, 2025 Price Decreased $535,000
↓ $25K (4.5%)
Price Decreased
Aug 7, 2025 Listed by One Sotheby's Int'l Realty $560,000
Listed by One Sotheby's Int'l Realty
Aug 17, 2016 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 828
  • Parking Space Count: 3
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,261
  • Lot Size Frontage Feet: 865
  • Total Building Area: 2,770
  • Gross Building Area: 2,770
  • Building Area: 1,942
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,942
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK CHASE PHASE III SUBDIVISION
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: OAK CHASE PHASE III LOT 113 PBI 16-89

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050708

Zoning

  • Zoning: RS-3

Geography

  • Subdivision Phase Number: 3
  • Parcel: 32-39-32-00015-0000-00113.0
  • Lot: 113
  • Meridian: SEC 32 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6604
  • Longitude: -80.4591

    Address

  • Full Address: 6450 36th Ln
  • Address - House Number: 6450
  • Address - Street Name: 36th
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R016
  • 4-Digit Zip Code: 7812
  • Zip Code: 32966

Valuation

    Tax

  • Total Area: 2,478
  • Tax Year: 2022
  • Tax Amount: $346,221
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 597,797
  • High Value: 708,662
  • Low Value: 486,932

    Market Valuation

  • Market Total Value: $418,135
  • Market Land Value: $51,000
  • Market Improvement Value: $367,135

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $279,117

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2016
  • Current Sale Recording Date: Aug 17, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120160047467
  • Previous Sale Recording Date: May 27, 2005
  • Previous Sale Contract Date: May 16, 2005
  • Previous Sale Amount: $429,000
  • 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:

$389,900

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

86

Average Home Size

1970 ft²

Average Home Age

28.3 years

Currently For Sale

1503 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 2466 44th Avenue, Vero Beach, FL, 32966

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,520 ft²
2466 44th Avenue, Vero Beach, FL, 32966 Listing by Dominique Renesca
Unit for rent at 3103 Anthem Way, Vero Beach, FL, 32966

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,529 ft²
3103 Anthem Way, Vero Beach, FL, 32966 Listing by Harold Molina

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Scott B Oberlink, One Sotheby's Int'l Realty
Last Updated: 12 months ago
Data Source: RAIRC, MLS# 290171
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 6450 36th Lane built and last sold?
The property at 6450 36th Lane was built in 2004 and last sold on Aug 12, 2016 for $307,500.
How much is this home worth?
The estimated value of the home located at 6450 36th Lane is $537,332.
What are some comparable homes to 6450 36th Lane?
There are currently no comparable homes to 6450 36th Lane.
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