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Vero Beach South 32968
746 46th Square
$490,000
● House - Off Market

746 46th Square

Vero Beach, FL 32968
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,172 Ft²
$2,767
Est. Monthly
$56
HOA / Fees
4.66%
Cap Rate

About This Property

ACCEPTING BACK UP OFFERS Move-in ready 3BR/2BA plus DEN/OFFICE/4th BR split plan on .29 acre lot in quaint community!This home offers a huge, private fenced yard with sparkling POOL, chef inspired kitchen with newer SMART S/S app., updated baths with new custom vanities and Calcutta marble counters. Major updates incl.: 2021 ROOF, 2021 HWH 2025 A/C, new pool safety drains, new well pump, newer pool pump/filter, fresh paint & more. Wired for WH generator w/500 gal. buried propane tank. Ideally located less than 2 miles to shopping/ approx. 15 min to beach. Owner/Agent Rmsizeapprx
Unit Size
2,172 Ft²
Days on Market
99 days
Land Size
0.29 acres
Price per sqft
$239
Property Type
House
Property Taxes
$162
HOA Dues
$56
Year Built
2002

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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: 11 months ago (Indian River #290379)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Premium
Sold
Oct 16, 2025 In contract -
In contract
Oct 9, 2025 Price Decreased $519,000
↓ $16K (3%)
Price Decreased
Sep 26, 2025 Price Decreased $535,000
↓ $10K (1.8%)
Price Decreased
Sep 11, 2025 Price Decreased $545,000
↓ $5K (0.9%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,384
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,592
  • Gross Building Area: 2,592
  • Building Area: 2,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,172
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERON CREST SUBDIVISION
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: HERON CREST SUB LOT 46 PBI 16-23

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050702

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 33-39-16-00012-0000-00046.0
  • Lot: 46
  • Meridian: SEC 16 TWN 33S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.614
  • Longitude: -80.4358

    Address

  • Full Address: 746 46th Sq
  • Address - House Number: 746
  • Address - Street Name: 46th
  • Address - Suffix Type: Sq
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R007
  • 4-Digit Zip Code: 1178
  • Zip Code: 32968

Valuation

    Tax

  • Total Area: 2,485
  • Tax Year: 2022
  • Tax Amount: $179,348
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 483,877
  • High Value: 575,004
  • Low Value: 392,750

    Market Valuation

  • Market Total Value: $316,401
  • Market Land Value: $29,750
  • Market Improvement Value: $286,651

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $155,148

    Sales

  • Current Sale Contract Date: May 31, 2002
  • Current Sale Recording Date: Jun 07, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 03, 2001
  • Previous Sale Contract Date: Nov 30, 2001
  • Previous Sale Amount: $29,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Vero Beach South

Stats & Trends

Median Asking:

$334,900

Sale Price/ft²

$216

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1668 ft²

Average Home Age

35.6 years

Currently For Sale

197 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 3105 18th Street, Vero Beach, FL, 32960

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,512 ft²
3105 18th Street, Vero Beach, FL, 32960 Listing by Renato Fernandes Vargas

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Beth Renee Petrone, Dale Sorensen Real Estate Inc.
Last Updated: 11 months ago
Data Source: RAIRC, MLS# 290379
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 746 46th Square built and last sold?
The property at 746 46th Square was built in 2002 and last sold on May 31, 2002 for $178,214.
How much is this home worth?
The estimated value of the home located at 746 46th Square is $0.
What are some comparable homes to 746 46th Square?
There are currently no comparable homes to 746 46th Square.
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