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Indian River 32967
7175 49th Street
$1,275,000
● Land - Off Market

7175 49th Street

Vero Beach, FL 32967
bedrooms
Studio
bathrooms
0 Bath
$6,912
Est. Monthly

About This Property

Located on 49th Street just west of 66th Ave, this serene 20-acre parcel offers the perfect setting for peaceful country living. Build your dream estate, multiple estates, or a family compound. Enjoy the convenience of being close to shopping and just 20 minutes from the beach. The property features a 6' flow well and benefits from an agricultural tax exemption. It can be split at least once more, providing additional development opportunities. With no wetlands, currently use for cows and excellent draining pasture, this land is ready for your vision. Don't miss out on this unique opportunity!
Unit Size
-
Days on Market
383 days
Land Size
20.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$42
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 #278738)

Price History

Date / Event Date Event Price
Jun 18, 2025 Sold
Premium
Sold
May 5, 2025 In contract -
In contract
May 31, 2024 Listed by Alex MacWilliam, Inc. $1,399,000
Listed by Alex MacWilliam, Inc.

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
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 871,200
  • Total Building Area: 4,210
  • Gross Building Area: 4,210
  • Building Area: 4,210
  • Building Area Measurement: T

    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: INDIAN RIVER FARMS COMPANY S/D
  • Land Acres: 0000020000
  • Standard Land Use Code: 7012
  • County Land Use Code: 6000
  • State Land Use Code: 60
  • Legal Description 1: INDIAN RIVER FARMS CO SUB W 20 AC OF TR 11 PBS 2-12

Neighborhood

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

Zoning

  • Zoning: A-1

Geography

  • Subdivision Tract Number: 11
  • Parcel: 32-39-19-00001-0110-00002.0
  • Meridian: SEC 19 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6808
  • Longitude: -80.474

    Address

  • Full Address: 7175 49th St
  • Address - House Number: 7175
  • Address - Street Name: 49th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Vero Beach
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $50,575
  • Tax Rate Code Area: 7

    Market Valuation

  • Market Total Value: $425,000
  • Market Land Value: $425,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,400
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

1955 ft²

Average Home Age

28.5 years

Currently For Sale

1739 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 6354 Astor Place, Vero Beach, FL, 32966

$3,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,510 ft²
6354 Astor Place, Vero Beach, FL, 32966 Listing by Angie Neris

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# 278738
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 7175 49th Street built and last sold?
The property at 7175 49th Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7175 49th Street is $1,412,990.
What are some comparable homes to 7175 49th Street?
There are currently no comparable homes to 7175 49th Street.
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