For SaleRisky Deal1 days on market
2165 Galleon Dr APT I2
2165 Galleon Dr APT I2, Vero Beach, FL 32963, Vero Beach, FL 32963
$425,000
Estimate®:$411,500
Listing Price
2165 Galleon Dr APT I2, Vero Beach, FL 32963
Loc: Vero Beach, FL
Days Listed
1
Tax Assessed
$489k
Estimate®
$412k
Market Rate
Lot Size
4,356 sqft
Rent Estimate
$3,555/mo
Est. Cash Flow base
Type
condo
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
5.6 mi away
7
Gifford Middle School
6-8
8.3 mi away
5
Vero Beach High School
9-12
5.6 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
townhousestucco exteriormulti-leveloutdoor staircasescreened balconycontemporary stylelandscaped groundstropical foliagesuburbanmulti-unit buildingshaded walkwayresidentialcovered entrance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.00%
Total ROI
89.3%
Cash Flow
$-80/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-80/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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $425,000 | $315 |
| 2026-05-16 | Listing removed | $450,000 | $333 |
| 2025-12-18 | Price change | $450,000 | $333 |
| 2025-10-22 | Listed for sale | $475,000 | $352 |
| 2025-09-01 | Listing removed | $475,000 | $352 |
| 2025-07-07 | Price change | $475,000 | $352 |
| 2025-03-21 | Price change | $496,900 | $368 |
| 2025-02-15 | Listed for sale | $539,000 | $399 |
| 2024-08-08 | Listing removed | $0 | – |
| 2024-05-13 | Price change | $525,000 | $389 |
| 2024-01-23 | Listed for sale | $565,000 | $419 |
| 2023-08-10 | Listing removed | $0 | – |
| 2023-02-10 | Listed for sale | $569,000 | $421 |
| 2012-06-01 | Sold | $125,013 | $93 |
| 2012-05-06 | Price change | $144,000 | $107 |
| 2012-05-04 | Price change | $9,000 | $7 |
| 2012-03-23 | Price change | $29,000 | $21 |
| 2012-03-16 | Price change | $144,000 | $107 |
| 2011-11-18 | Price change | $168,000 | $124 |
| 2011-10-26 | Price change | $179,000 | $133 |
| 2011-09-15 | Listed for sale | $194,500 | $144 |
| 1999-07-30 | Sold | $142,000 | $105 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,522.66 | $209,140 |
| 2024 | $2,432.5 | $203,246 |
| 2023 | $2,320.51 | $197,326 |
| 2022 | $2,255.12 | $191,579 |
| 2021 | $2,244.3 | $185,999 |
| 2020 | $2,232.47 | $183,431 |
| 2019 | $2,232.47 | $179,307 |
| 2018 | $2,231.37 | $175,964 |
| 2017 | $2,158.17 | $172,345 |
| 2016 | $2,234.66 | $168,800 |
| 2015 | $2,158.17 | $167,630 |
| 2014 | $2,234.66 | $166,300 |
| 2013 | $0 | $135,360 |
| 2012 | $2,496 | $150,830 |
| 2011 | $2,479 | $150,830 |
| 2010 | $2,250 | $135,360 |
| 2009 | $3,059 | $193,380 |
| 2008 | $2,167 | $180,870 |
| 2007 | $2,330 | $234,600 |
| 2006 | $0 | $323,000 |
| 2005 | $0 | $161,500 |
| 2004 | $0 | $161,500 |
| 2003 | $0 | $161,500 |
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