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Indian River 32967
8337 Paladin Sq
$620,000
● House - Off Market

8337 Paladin Sq

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,246 Ft²
$3,677
Est. Monthly
$125
HOA / Fees
2.79%
Cap Rate

About This Property

Welcome to Summer Lake North, located in a quite small gated community. Mere minutes from the beach, river, dining & shopping. This exquisite home features 3 bedrooms + den, 2 baths, & guest half bath. a screened in saltwater heated pool w/ a sun shelf, perfect for relaxation. Inside Highlights you will discover an open design w/ tile plank flooring, hurricane impact glass, large pocket sliders, white gourmet kitchen w/ a double wall oven, white quartz counters & a spacious island, stunning laundry room w/ cabinets & wash sink, and an oversized 2-car garage with epoxy floor & workshop.
Unit Size
2,246 Ft²
Days on Market
62 days
Land Size
0.31 acres
Price per sqft
$289
Property Type
House
Property Taxes
$364
HOA Dues
$125
Year Built
2020

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 #283625)

Price History

Date / Event Date Event Price
Feb 13, 2025 Sold
Premium
Sold
Jan 22, 2025 In contract -
In contract
Jan 7, 2025 Price Decreased $649,000
↓ $11K (1.7%)
Price Decreased
Dec 13, 2024 Listed by Keller Williams Realty of VB $660,000
Listed by Keller Williams Realty of VB
Jun 4, 2020 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • 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: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 597
  • Parking Space Count: 0
  • Patio Type: 11
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,553
  • Lot Size Frontage Feet: 816
  • Total Building Area: 2,843
  • Gross Building Area: 2,878
  • Building Area: 2,246
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,246
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALADIN PLACE II
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: PALADIN PLACE II SUB LOT 35 PBI 21-74

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050812

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 31-39-32-00007-0000-00035.0
  • Lot: 35
  • Meridian: SEC 32 TWN 31S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.745
  • Longitude: -80.4504

    Address

  • Full Address: 8337 Paladin Sq
  • Address - House Number: 8337
  • Address - Street Name: Paladin
  • Address - Suffix Type: Sq
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R069
  • 4-Digit Zip Code: 5466
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $410,785
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 588,780
  • High Value: 699,663
  • Low Value: 477,897

    Market Valuation

  • Market Total Value: $410,626
  • Market Land Value: $29,750
  • Market Improvement Value: $380,876

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $324,165

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3120200030678
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Oct 10, 2018
  • Previous Sale Amount: $35,000
  • 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:

$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

1699 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 5790 Marina Drive, Sebastian, FL, 32958

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,060 ft²
5790 Marina Drive #2, Sebastian, FL, 32958 Listing by Lorena K Santoro
Unit for rent at 8012 Us Highway 1, Vero Beach, FL, 32967

$2,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,026 ft²
8012 Us Highway 1, Vero Beach, FL, 32967 Listing by Jaime Aguilar

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Erin Rambala, Keller Williams Realty of VB
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 283625
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 8337 Paladin Square built and last sold?
The property at 8337 Paladin Square was built in 2020 and last sold on Jun 4, 2020 for $335,100.
How much is this home worth?
The estimated value of the home located at 8337 Paladin Square is $0.
What are some comparable homes to 8337 Paladin Square?
There are currently no comparable homes to 8337 Paladin Square.
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