$2,700,000
●
House -
For Sale
70 Caribe Way
Vero Beach, FL 32963
3 Beds
3 Baths
2,815 Ft²
$15,948
Est. Monthly
$1,064
HOA / Fees
About This Property
Step through a gracious foyer into this charming pool home tucked
away on a quiet cul-de-sac. This 3-bedroom, 3-bath home showcases
elegant built-in bookcases, soaring tray ceilings, and refined
crown molding throughout. The spacious kitchen is designed for both
comfort and entertaining. French doors open to a screened lanai
overlooking a south-facing lagoon pool surrounded by lush tropical
landscaping. Additional highlights include two new A/C systems and
all new impact windows and exterior doors. Maintenance-free street
offers the perfect opportunity to begin enjoying the Orchid
lifestyle.
Unit Size
2,815 Ft²
Days on Market
152 days
Land Size
-
Price per sqft
$959
Property Type
House
Property Taxes
$1,626
HOA Dues
$1,064
Year Built
1995
Listed By
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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: 3 days ago (Indian River #297421)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2026 | Listed by Orchid Island Realty | $2,700,000 | |
| Listed by Orchid Island Realty | |||
| May 28, 2021 | Sold | ||
| Sold | |||
| Mar 29, 2021 | Listed by Orchid Island Realty | $950,000 | |
| Listed by Orchid Island Realty | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $798,000 | |
| Listed | |||
| | |||
|
Gracious foyer entrance welcomes you to this marvelous pool home on shaded cul-de-sac. Delightfully appointed w/built in bookcases, high tray ceilings, crown molding. Large kitchen. French doors reveal a covered Lanai & free form pool surrounded by patio & tropical foliage. Split Br plan. Sizes appox/subj to err.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Built-in Features, Crown Molding, High Ceilings, Walk-In Closet(s), PrimaryDownstairs
Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer, BuiltInOven
Flooring Type: Laminate, Tile
Laundry Features: Laundry Room
Rooms: 6
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 2815
Square Footage Source: $0
Security Features: Gated with Guard, Security Guard
Architectural Style: OneStory
Year Built: 1995
Waterfront Features: Beach Access, None
Levels: One
Window Features: None
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Covered, Patio, Porch
Pool Features: Other, Private, Community, FreeForm, Pool
Pool is Private
Lot Features: Cul-De-Sac, LessThanQuarterAcre
Lot Size Units: Acres
Lot Size Dimensions: 60x145
Tax Lot: 98
Water Source: Public
Financial Details
Tax Annual Amount: $19,512
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric, ReverseCycle
Heating Type: Central, Electric
Sewer : CountySewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Pest Control, Security, CommonAreas
HOA Fee: $1,064
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Orchid
Similar Homes for Sale
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Listed by: Marci L Arnold, Orchid Island Realty
Last Updated: 3 days ago
Data Source: RAIRC, MLS# 297421
Last Updated: 3 days ago
Data Source: RAIRC, MLS# 297421
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