For SaleRisky Deal8 days on market
1480 Mulligan Drive
1480 Mulligan Drive, Vero Beach, FL 32966, Vero Beach, FL 32966
$399,900
Listing Price
1480 Mulligan Drive, Vero Beach, FL 32966
Loc: Vero Beach, FL
Days Listed
8
Tax Assessed
$321k
Lot Size
8,276 sqft
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.
6
Dodgertown Elementary School
PK-5
4 mi away
7
Storm Grove Middle School
6-8
4.9 mi away
5
Vero Beach High School
9-12
4.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylestucco exteriorcovered front porchsymmetrical facadesingle-storylandscaped lawnpalm treesresidentialsuburbangabled roofcalm atmospherewell-maintainedarchitectural columns
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.95%
Total ROI
88.1%
Cash Flow
$-93/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-93/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Vero Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $399,900 | $228 |
| 2026-09-15 | Listing removed | $399,900 | $228 |
| 2026-08-31 | Price change | $399,900 | $228 |
| 2026-08-25 | Price change | $420,000 | $240 |
| 2026-07-31 | Listed for sale | $440,000 | $251 |
| 2021-04-29 | Sold | $293,043 | $167 |
| 2021-01-07 | Pending sale | $302,043 | $172 |
| 2021-01-07 | Price change | $298,043 | $170 |
| 2021-01-06 | Pending sale | $302,043 | $172 |
| 2020-12-15 | Listed for sale | $298,043 | $170 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,508.4 | $344,725 |
| 2024 | $4,172.22 | $335,532 |
| 2023 | $4,216.79 | $329,893 |
| 2022 | $3,979.3 | $271,650 |
| 2021 | $445.77 | $29,325 |
| 2020 | $452.36 | $29,325 |
| 2019 | $452.36 | $9,350 |
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