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South Beach 32963
935 Treasure Lane
$1,250,000
● House - Off Market

935 Treasure Lane

Vero Beach, FL 32963
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,432 Ft²
$8,294
Est. Monthly
1.48%
Cap Rate

About This Property

Move in, relax & have fun! This stunning home is hurricane ready & full of recent updates and improvements. The best of indoor/outdoor living, perfect for entertaining-stunning pool area w/LED lights & jets, large enclosed lanai w/pocket sliders, sound system, gas fire pit & STEPS TO THE BEACH. Gorgeous kitchen is recently remodeled, split floor plan for privacy. You'll be safe & sound w/impact windows & doors +whole house generator. In exemplary condition: 2022 AC, 2017 roof, recently refurbished heated pool, 2021 fire pit, 2024 water heater. Spacious w/3 beds, office & enclosed lanai.
Unit Size
2,432 Ft²
Days on Market
72 days
Land Size
0.39 acres
Price per sqft
$648
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1979

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 #286085)

Price History

Date / Event Date Event Price
May 16, 2025 Sold
Premium
Sold
Apr 18, 2025 In contract -
In contract
Mar 5, 2025 Listed by Berkshire Hathaway Florida $1,575,000
Listed by Berkshire Hathaway Florida
Mar 29, 2017 Sold
Premium
Sold
Sep 9, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 1,038
  • Total Building Area: 2,525
  • Gross Building Area: 2,525
  • Building Area: 2,063
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,063
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE MOORINGS UNIT 1
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: MOORINGS UNIT 1 LOT 20 PBI 8-6 & 6A

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050509

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 33-40-27-00001-0000-00020.0
  • Lot: 20
  • Meridian: SEC 27 TWN 33S RNG 40E
  • Municipality: UNINCORPORATED
  • Latitude: 27.5849
  • Longitude: -80.3314

    Address

  • Full Address: 935 Treasure Ln
  • Legal Unit: 1
  • Address - House Number: 935
  • Address - Street Name: Treasure
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R002
  • 4-Digit Zip Code: 3044
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 2,420
  • Tax Year: 2022
  • Tax Amount: $624,803
  • Tax Rate Code Area: 7U

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 1,056,225
  • High Value: 1,274,964
  • Low Value: 837,487

    Market Valuation

  • Market Total Value: $639,525
  • Market Land Value: $342,906
  • Market Improvement Value: $296,619

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $473,618

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 17, 2017
  • Current Sale Recording Date: Mar 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3120170016319
  • Previous Sale Recording Date: Sep 09, 2015
  • Previous Sale Contract Date: Jun 27, 2015
  • Previous Sale Amount: $451,200
  • Previous Sale Document Type: 30

    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 South Beach

Stats & Trends

Median Asking:

$995,000

Sale Price/ft²

$471

Below Asking

0.03%

Average Days on Market

93

Average Home Size

2604 ft²

Average Home Age

40.2 years

Currently For Sale

65 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 3526 Angler Drive, Fort Pierce, FL, 34946

$2,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,809 ft²
3526 Angler Drive, Fort Pierce, FL, 34946 Listing by Kirk Andersen

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Bethany Burt, Berkshire Hathaway Florida
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 286085
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 935 Treasure Lane built and last sold?
The property at 935 Treasure Lane was built in 1979 and last sold on Mar 17, 2017 for $430,000.
How much is this home worth?
The estimated value of the home located at 935 Treasure Lane is $1,569,903.
What are some comparable homes to 935 Treasure Lane?
There are currently no comparable homes to 935 Treasure Lane.
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