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Indian River Shores 32963
900 River Trail
$1,400,000
● House - Off Market

900 River Trail

Indian River Shores, FL 32963
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,253 Ft²
$9,101
Est. Monthly
$509
HOA / Fees
0.71%
Cap Rate

About This Property

CBS 3Br plus office, could be 4th Br, on very private .57 Acre lakefront lot with long water views and beautiful sunrises. Features include 2024 metal roof, impact doors & shutters, high ceilings, freshly painted, updated bathrooms and kitchen, newer wood flooring, fireplace, resurfaced dolphin pool, gas cooktop, this is a must see.  Located in Indian Trails, this guard-gated community offers all the amenities for a Florida lifestyle- Beachfront clubhouse, marina with boat slips located on Jungle Trail, 5 har-tru tennis courts, clubhouse with fitness center and heated pool. Low HOA dues too!
Unit Size
3,253 Ft²
Days on Market
92 days
Land Size
0.57 acres
Price per sqft
$484
Property Type
House
Property Taxes
$858
HOA Dues
$509
Year Built
2000

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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 #283120)

Price History

Date / Event Date Event Price
Feb 21, 2025 Sold
Premium
Sold
Jan 23, 2025 In contract -
In contract
Nov 21, 2024 Listed by One Sotheby's Int'l Realty $1,575,000
Listed by One Sotheby's Int'l Realty
Aug 4, 2015 Sold
Premium
Sold
Sep 1, 1998 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 10
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 906
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 71

    Dimensions

  • Lot Size Square Feet: 24,829
  • Lot Size Depth Feet: 1,478
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 4,159
  • Gross Building Area: 4,159
  • Building Area: 3,253
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,253
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN TRAILS SUB UNIT 2
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: INDIAN TRAILS UNIT TWO SUB LOT 89 PBI 13-12

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050506

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 31-39-35-00004-0000-00089.0
  • Lot: 89
  • Meridian: SEC 35 TWN 31S RNG 39E
  • Municipality: TOWN OF INDIAN RIVER SHORES
  • Latitude: 27.7418
  • Longitude: -80.3957

    Address

  • Full Address: 900 River Trl
  • Legal Unit: TW
  • Address - House Number: 900
  • Address - Street Name: River
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R020
  • 4-Digit Zip Code: 3936
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 3,865
  • Tax Year: 2022
  • Tax Amount: $956,627
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.0802
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 1,757,467
  • High Value: 1,899,390
  • Low Value: 1,615,545

    Market Valuation

  • Market Total Value: $974,226
  • Market Land Value: $296,183
  • Market Improvement Value: $678,043

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $826,630

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2015
  • Current Sale Recording Date: Aug 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120150047295
  • Previous Sale Recording Date: Sep 01, 1998
  • Previous Sale Contract Date: Sep 01, 1998
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Shores

Stats & Trends

Median Asking:

$1,272,500

Sale Price/ft²

$479

Below Asking

0.03%

Average Days on Market

106

Average Home Size

2643 ft²

Average Home Age

34.9 years

Currently For Sale

82 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 8012 U.s. 1, Vero Beach, FL, 32967

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,026 ft²
8012 U.S. 1, Vero Beach, FL, 32967 Listing by Jaime Aguilar

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Sherry Brown, One Sotheby's Int'l Realty
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 283120
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 900 River Trail built and last sold?
The property at 900 River Trail was built in 2000 and last sold on Jul 30, 2015 for $720,000.
How much is this home worth?
The estimated value of the home located at 900 River Trail is $1,621,603.
What are some comparable homes to 900 River Trail?
There are currently no comparable homes to 900 River Trail.
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