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Indian River 32967
7310 57th Street
$1,275,000
● Land - Off Market

7310 57th Street

Vero Beach, FL 32967
bedrooms
Studio
bathrooms
0 Bath
$6,917
Est. Monthly

About This Property

Location is the key, close to town but still in the county.  This 20-acre parcel can be divided into 4 parcels.  Build your dream home, bring the horses and the in-laws.
Unit Size
-
Days on Market
276 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 #281198)

Price History

Date / Event Date Event Price
Jun 12, 2025 Sold
Premium
Sold
May 5, 2025 In contract -
In contract
Sep 9, 2024 Listed by One Sotheby's Int'l Realty $1,400,000
Listed by One Sotheby's Int'l Realty
Dec 8, 2023 Sold
Premium
Sold
Jan 6, 2021 Sold
Premium
Sold
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
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 871,200
  • 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: 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 COMPANY S/D PBS 2 - 25 SEC 18 TWP 32 RNG 39 THE E 27.09 AC OF TR 5 LESS THE W 7 AC AS REC IN OR 3229/665

Neighborhood

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

Zoning

  • Zoning: A-1

Geography

  • Subdivision Tract Number: 5
  • Parcel: 32-39-18-00001-0050-00003.0
  • Meridian: SEC 18 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6992
  • Longitude: -80.4751

    Address

  • Full Address: 7310 57th St
  • Address - House Number: 7310
  • Address - Street Name: 57th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R069
  • 4-Digit Zip Code: 5853
  • 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

    Sales

  • Current Sale Contract Date: Dec 06, 2023
  • Current Sale Recording Date: Dec 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 60773
  • Previous Sale Recording Date: Jan 06, 2021
  • Previous Sale Contract Date: Dec 29, 2020
  • Previous Sale Amount: $400,000
  • 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

28.4 years

Currently For Sale

1510 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

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RAIRC

Listed by: Peggy Ann Brown, One Sotheby's Int'l Realty
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 281198
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 7310 57th Street built and last sold?
The property at 7310 57th Street was built in and last sold on Dec 6, 2023 for $895,000.
How much is this home worth?
The estimated value of the home located at 7310 57th Street is $1,414,000.
What are some comparable homes to 7310 57th Street?
There are currently no comparable homes to 7310 57th Street.
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