32
Map
$1,999,000
↓ $100K (4.8%)
●
House -
For Sale
985 Clipper Road
Vero Beach, FL 32963
3 Beds
3 Baths,
1
Half Bath
2,935 Ft²
Upcoming Open House
1PM - 3PM, Sun, Oct 4
-
Book now
$10,299
Est. Monthly
$90
HOA / Fees
0.77%
Cap Rate
About This Property
East of A1A & steps from Vero's best beach. 3BR/3.5BA. 2025 CBK
constr, metal roof & impact windows situated on .4 acre lot in
gated south beach community. Walls of glass open home to outdoor
oasis. Covered lanai & summer kitchen extend living area outside.
Sun shines year-round on south exp heated saltwater pool w/sunshelf
& spa. Light-filled, open plan designed for effortless living.
Premium appointments - 10'+ ceilings, tile flrs, quartz counters,
large island kitchen & walk-in pantry. Private casita w/BR&BA.
Bonus rm over 3CarGar possible 4thBR. Low HOA fee. Size are
approx/subj to error.
Unit Size
2,935 Ft²
Days on Market
471 days
Land Size
0.40 acres
Price per sqft
$681
Property Type
House
Property Taxes
$394
HOA Dues
$90
Year Built
-
Listed By
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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: 3 days ago (Indian River #289029)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2026 | Price Decreased |
$1,999,000
↓ $100K
(4.8%) | |
| Price Decreased | |||
| May 9, 2026 | Price Decreased |
$2,099,000
↓ $100K
(4.6%) | |
| Price Decreased | |||
| Feb 14, 2026 | Price Decreased |
$2,199,000
↓ $251K
(10.2%) | |
| Price Decreased | |||
| Jun 20, 2025 | Listed by Dale Sorensen Real Estate Inc. | $2,450,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Jun 10, 2025 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener, ThreeCarGarage, ThreeOrMoreSpaces
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Bathtub, ClosetCabinetry, GardenTubRomanTub, PrimaryDownstairs
Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer, BuiltInOven
Flooring Type: Carpet, Tile
Door Features: Sliding Doors
Laundry Features: Lower Level, Laundry Room, In Unit, LaundryTub
Rooms: 13
Exterior Details
Square Footage: 2935
Square Footage Source: $0
Security Features: Security System Leased, Gated Community, Smoke Detector(s)
Architectural Style: TwoStory
Year Built: 2025
Waterfront Features: Beach Access, None
Levels: Two
Window Features: Insulated Windows, DoubleHung, None, Sliding
Construction Materials: Block, Concrete, Steel Siding
Patio and Porch Features: Covered, Deck, Patio, Porch
Pool Features: Fenced, Gas Heat, Heated, Private, Salt Water, Pool
Pool is Private
Lot Features: ModerateTrees, QuarterToHalfAcreLot
Lot Size Area: 0.4
Lot Size Units: Acres
Lot Size Acres: 0.4
Lot Size Square Feet: 17424
Lot Size Dimensions: 162x116
Tax Lot: 24
Water Source: Public
Financial Details
Tax Assessed Value: $336,222
Tax Annual Amount: $4,724
Utilities Details
Cooling Type: Central Air, Electric, TwoUnits, ThreeOrMoreUnits
Heating Type: Central, Electric, MultipleHeatingUnits
Sewer : CountySewer
Location Details
HOA/Condo/Coop Fee Includes: Security, CommonAreas, Other
HOA/Condo/Coop Amenities: DuesPaidAnnually
HOA Fee: $90
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About South Beach
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Listed by: Rita A Curry, Dale Sorensen Real Estate Inc.
Last Updated: 3 days ago
Data Source: RAIRC, MLS# 289029
Last Updated: 3 days ago
Data Source: RAIRC, MLS# 289029
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