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Indian River 32967
8645 94th Avenue
$14,000
● Land - Off Market

8645 94th Avenue

Vero Beach, FL 32967
bedrooms
Studio
bathrooms
0 Bath
$28,434
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

This lakefront lot will not last long. Bring your plans for dream home and start thinking about watching the sun set over the lake every evening.
Unit Size
-
Days on Market
538 days
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$33
HOA Dues
-
Year Built
-

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: 6 months ago (Beaches MLS #R10146675)

Price History

Date / Event Date Event Price
Dec 12, 2016 Sold
Premium
Sold
Jun 20, 2015 Listed by Laurel Agency, Inc. $16,900
Listed by Laurel Agency, 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: 71

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 825
  • 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: V
  • Subdivision: VERO LAKE ESTATES UNIT C
  • Land Acres: 0000000250
  • Standard Land Use Code: 8001
  • County Land Use Code: 0000
  • State Land Use Code: 00
  • Legal Description 1: VERO LAKE ESTATES UNIT C BLK A LOT 4 PBI 5-31

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050903

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 31-38-27-00002-0010-00004.0
  • Block: A
  • Lot: 4
  • Meridian: SEC 27 TWN 31S RNG 38E
  • Municipality: UNINCORPORATED
  • Latitude: 27.7516
  • Longitude: -80.5198

    Address

  • Full Address: 8645 94th Ave
  • Legal Unit: C
  • Address - House Number: 8645
  • Address - Street Name: 94th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R069
  • 4-Digit Zip Code: 3598
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $44,367
  • Tax Rate Code Area: 3C

    Market Valuation

  • Market Total Value: $38,569
  • Market Land Value: $38,569

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,569
  • Assessed Land Value: $38,569

    Sales

  • Current Sale Contract Date: Dec 07, 2016
  • Current Sale Recording Date: Dec 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120160069531
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:

$389,000

Sale Price/ft²

$229

Below Asking

0.03%

Average Days on Market

86

Average Home Size

1966 ft²

Average Home Age

28.4 years

Currently For Sale

1530 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 9024 100th Court, Vero Beach, FL, 32967

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,852 ft²
9024 100th Court, Vero Beach, FL, 32967 Listing by Junior Joseph

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Kelly Marie Machado
Laurel Agency, Inc.
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10146675
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 8645 94th Avenue built and last sold?
The property at 8645 94th Avenue was built in and last sold on Dec 7, 2016 for $14,000.
How much is this home worth?
The estimated value of the home located at 8645 94th Avenue is $17,069.
What are some comparable homes to 8645 94th Avenue?
There are currently no comparable homes to 8645 94th Avenue.
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