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South Beach 32963
960 Windsong Way
$760,000
● House - Off Market

960 Windsong Way

Vero Beach, FL 32963
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,032 Ft²
$4,096
Est. Monthly
$104
HOA / Fees
2.74%
Cap Rate

About This Property

One of the lowest priced single family homes in Vero's South Beach! Desirable Castaway Cove – Lovely Oak Canopied streets & granted access to Vero's best beach. Plus - access the river at the end of the street with a paddle board or kayak! 2BR/2.5BA home. Plenty of room in back to expand and/or add a pool. Vaulted ceilings, island kitchen, side entry 2 car garage. Ready for New Owner's personal touch. Low HOA fees. Great entry level opportunity to be in million $ plus neighborhood. Sizes are approx/subj to error.
Unit Size
2,032 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$374
Property Type
House
Property Taxes
$260
HOA Dues
$104
Year Built
1987

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 #272219)

Price History

Date / Event Date Event Price
Oct 14, 2024 No longer available -
No longer available
Oct 14, 2023 Listed by Dale Sorensen Real Estate Inc. $760,000
Listed by Dale Sorensen Real Estate Inc.
Apr 10, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,053
  • Total Building Area: 2,516
  • Gross Building Area: 2,516
  • Building Area: 2,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,032
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASTAWAY COVE WAVE TWO
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: CASTAWAY COVE WAVE TWO LOT 39 PBI 10-44

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050508

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 33-40-08-00004-0000-00039.0
  • Lot: 39
  • Meridian: SEC 08 TWN 33S RNG 40E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6172
  • Longitude: -80.3497

    Address

  • Full Address: 960 Windsong Way
  • Address - House Number: 960
  • Address - Street Name: Windsong
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R018
  • 4-Digit Zip Code: 2543
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 2,289
  • Tax Year: 2022
  • Tax Amount: $310,446
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.0802
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 94
  • Final Value: 739,559
  • High Value: 798,934
  • Low Value: 680,183

    Market Valuation

  • Market Total Value: $429,560
  • Market Land Value: $228,824
  • Market Improvement Value: $200,736

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $250,144

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2000
  • Current Sale Recording Date: Apr 10, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$985,000

Sale Price/ft²

$471

Below Asking

0.03%

Average Days on Market

100

Average Home Size

2704 ft²

Average Home Age

40 years

Currently For Sale

62 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 1935 Cobia Drive, Vero Beach, FL, 32960

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
1935 Cobia Drive #103E, Vero Beach, FL, 32960 Listing by Bradley Milliken
Unit for rent at 1140 Cheval Drive, Vero Beach, FL, 32960

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,723 ft²
1140 Cheval Drive, Vero Beach, FL, 32960 Listing by Claudia Marie Hart

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Rita A Curry, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 272219
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 960 Windsong Way built and last sold?
The property at 960 Windsong Way was built in 1987 and last sold on Apr 5, 2000 for $195,000.
How much is this home worth?
The estimated value of the home located at 960 Windsong Way is $0.
What are some comparable homes to 960 Windsong Way?
There are currently no comparable homes to 960 Windsong Way.
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