OFF_MARKETExcellent Deal2 days on market

519 Bay Dr

519 Bay Dr, Vero Beach, FL 32963, Vero Beach, FL 32963
$14,000,000

Listing Price

Property image 1
519 Bay Dr, Vero Beach, FL 32963
Loc: Vero Beach, FL
Days Listed
2
Tax Assessed
$2684k
Lot Size
0.79 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Beachland Elementary School

PK-5
0.9 mi away
7

Gifford Middle School

6-8
3.9 mi away
5

Vero Beach High School

9-12
2.6 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
8.42%
Total ROI
31.7%
Cash Flow
$27,412/mo
DSCR
1.39
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-19Listed for sale$14,000,000$2,367
2022-09-28Listing removed$0
2022-08-18Price change$5,200,000$879
2022-05-20Pending sale$4,600,000$778
2022-05-19Sold$4,700,000$795
2022-03-28Contingent$4,600,000$778
2022-03-24Listed for sale$4,600,000$778
2000-08-02Sold$950,000$161

Tax History

YearProperty TaxTax Assessment
2025$42,937.75$2,683,554
2024$39,484.27$2,496,135
2023$39,363.08$2,522,698
2022$19,600.33$1,288,770
2021$19,374.38$1,251,233
2020$19,358.73$1,233,957
2019$19,358.73$1,206,214
2018$19,437.59$1,183,723
2017$19,299.13$1,159,376
2016$19,299.13$1,135,530
2015$19,090.54$1,127,640
2014$19,563.44$1,118,700
2013$0$1,102,170
2012$18,326$1,105,340
2011$18,749$1,130,970
2010$19,730$1,191,100
2009$21,630$1,356,260
2008$20,692$1,360,400
2007$22,620$1,396,230
2006$0$1,494,860
2005$0$1,089,700
2004$0$1,089,700
2003$0$745,210
2002$12,606.3$657,060
2001$11,894.1$612,230
2000$9,987.59$521,630
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
6
Sq Ft
5,915
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $14,000,000Rent Basis: Modeled Estimate ($112,000/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $7,000/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.60%

NOI: $924,581/yr

Cash-on-Cash Yield
1.6%

On $3,220,000 invested

DSCR Ratio
1.06x

Tight qualification

5-Yr Leveraged ROI
+102.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$2,192/mo
Homeowner / Hazard Insurance-$7,000/mo
Vacancy Reserve (5% of rent)-$5,600/mo
Repairs & Maintenance (10% of rent)-$11,200/mo
Property Management (8% of rent)-$8,960/mo
Total Pure Operating Expenses-$34,952/mo
Net Investor Cash Flow
Gross Scheduled Rent+$112,000/mo
Less: Operating Expenses-$34,952/mo
Net Operating Income (NOI)+$77,048/mo
Less: Debt Service (30yr @ 6.75%)-$72,643/mo
Net Cash Flow
$4,405/mo
$52,865/year
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519 Bay Dr | Vero Beach, FL | Haven AI Analysis | Haven by ScoutHavens