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Indian River 32966
7775 15th Street
$340,000
● House - Off Market

7775 15th Street

Vero Beach, FL 32966
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,701 Ft²
$2,198
Est. Monthly
$235
HOA / Fees
6.55%
Cap Rate

About This Property

This Pointe West Central Village gem is a 4 Bedroom, 2 Bath detached home featuring a 2 car garage accessed via a private back alley. Gently maintained, with a new roof installed July 2024, updated appliances, island kitchen, ample storage, volume ceilings, charming front porch, and a south-facing screened-in patio. Individual lawn care included allows you to enjoy leisurely walks along the tree-lined streets with sidewalks, visit the playground, or take a swim in the community pool. Low monthly maintenance of $227. Pet friendly. Conveniently located - dining, shopping & 20 mins to the Beach.
Unit Size
1,701 Ft²
Days on Market
135 days
Land Size
0.13 acres
Price per sqft
$216
Property Type
House
Property Taxes
$158
HOA Dues
$235
Year Built
2005

Payment Calculator

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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 #281833)

Price History

Date / Event Date Event Price
Mar 5, 2025 Sold
Premium
Sold
Feb 4, 2025 In contract -
In contract
Oct 21, 2024 Listed by Alex MacWilliam, Inc. $367,500
Listed by Alex MacWilliam, Inc.
Jun 29, 2009 Sold
Premium
Sold
Jun 28, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,142
  • Gross Building Area: 2,302
  • Building Area: 1,701
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,701
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POINTE WEST CENTRAL VILLAGE PHASE IV
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: POINTE WEST CENTRAL VILLAGE PHASE IV LOT 137 PBI 18-46

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050905

Zoning

  • Zoning: PDTND

Geography

  • Subdivision Phase Number: 4
  • Parcel: 33-38-12-00006-0000-00137.0
  • Lot: 137
  • Meridian: SEC 12 TWN 33S RNG 38E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6296
  • Longitude: -80.4877

    Address

  • Full Address: 7775 15th St
  • Address - House Number: 7775
  • Address - Street Name: 15th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R066
  • 4-Digit Zip Code: 1228
  • Zip Code: 32966

Valuation

    Tax

  • Total Area: 2,043
  • Tax Year: 2022
  • Tax Amount: $183,903
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2511
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 64
  • Final Value: 436,848
  • High Value: 546,545
  • Low Value: 327,152

    Market Valuation

  • Market Total Value: $256,596
  • Market Land Value: $38,250
  • Market Improvement Value: $218,346

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $158,394

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2009
  • Current Sale Recording Date: Jun 29, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2002009
  • Previous Sale Recording Date: Jun 28, 2005
  • Previous Sale Contract Date: Jun 16, 2005
  • Previous Sale Amount: $206,900
  • Previous Sale Document Type: 20
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

1959 ft²

Average Home Age

28.5 years

Currently For Sale

1707 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 7865 15th Lane, Vero Beach, FL, 32966

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,622 ft²
7865 15th Lane, Vero Beach, FL, 32966 Listing by Jared Michael Haugland

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Cheryl I Gerstner, Alex MacWilliam, Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 281833
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 7775 15th Street built and last sold?
The property at 7775 15th Street was built in 2005 and last sold on Jun 5, 2009 for $169,000.
How much is this home worth?
The estimated value of the home located at 7775 15th Street is $372,563.
What are some comparable homes to 7775 15th Street?
There are currently no comparable homes to 7775 15th Street.
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