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$370,000
● House - Off Market

Vero Beach, FL
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,272 Ft²
$2,322
Est. Monthly

About This Property

On 0.67 acres across three parcels, this 3-bed, 2-bath home in Vero Lake Estates features vaulted wood ceilings, a bright open layout, and a kitchen with newer appliances and breakfast bar. Enjoy a laundry room, 2-car garage, private pool with deck, fenced yard, shed, and chicken coop. A brand-new roof and non-flood zone location offer peace of mind, all while being close to local amenities.
Unit Size
1,272 Ft²
Days on Market
154 days
Land Size
-
Price per sqft
$311
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
-

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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: 9 months ago (Indian River #290261)

Price History

Date / Event Date Event Price
Jan 12, 2026 Sold
Premium
Sold
Dec 18, 2025 In contract -
In contract
Oct 2, 2025 Price Decreased $395,000
↓ $5K (1.3%)
Price Decreased
Aug 11, 2025 Listed by LPT Realty, LLC $400,000
Listed by LPT Realty, LLC

Property Highlights

Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: High Ceilings, Kitchen Island, FrenchDoorsAtriumDoors
Appliances: Dishwasher, Range, Refrigerator
Flooring Type: Laminate, Tile
Door Features: French Doors
Laundry Features: In Unit
Rooms: 5
Exterior Details
Square Footage: 1272
Square Footage Source: $0
Architectural Style: OneStory
Year Built: 2002
Waterfront Features: None
Levels: One
Window Features: None
Construction Materials: Frame
Patio and Porch Features: Patio
Pool Features: Private, Pool
Pool is Private
Lot Features: HalfToOneAcreLot
Lot Size Units: Acres
Lot Size Dimensions: 0.67
Tax Lot: 25
Water Source: Well
Financial Details
Tax Assessed Value: $306,811
Tax Annual Amount: $4,583
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

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RAIRC

Listed by: Jim Fisher, LPT Realty, LLC
Last Updated: 9 months ago
Data Source: RAIRC, MLS# 290261
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.
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