For SaleRisky Deal2 days on market
5880 40th Lane
5880 40th Lane, Vero Beach, FL 32966, Vero Beach, FL 32966
$375,000
Estimate®:$364,100
Listing Price
5880 40th Lane, Vero Beach, FL 32966
Loc: Vero Beach, FL
Days Listed
2
Tax Assessed
$189k
Estimate®
$364k
Market Rate
Lot Size
0.28 acres
Rent Estimate
$2,655/mo
Est. Cash Flow base
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
1.3 mi away
7
Storm Grove Middle School
6-8
2.2 mi away
5
Vero Beach High School
9-12
3.9 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
gated community entranceneighborhood signagelandscapedtropicalresidentialwell-maintainedpalm treesmasonry wallsuburbanFlorida styleglass blockmanicured lawninvitingcommunity identity
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.20%
Total ROI
71.9%
Cash Flow
$-321/mo
DSCR
0.84
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-321/mo net cash flow with a 5.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Vero Beach, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $375,000 | $195 |
| 2016-07-21 | Sold | $215,000 | $112 |
| 1998-09-16 | Sold | $25,000 | $13 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,426.96 | $183,911 |
| 2024 | $2,142.09 | $178,728 |
| 2023 | $2,039.91 | $173,522 |
| 2022 | $1,980.34 | $168,468 |
| 2021 | $1,962.54 | $163,561 |
| 2020 | $1,947.64 | $161,302 |
| 2019 | $1,947.64 | $157,675 |
| 2018 | $1,942.95 | $154,735 |
| 2017 | $2,856.62 | $173,900 |
| 2016 | $2,856.62 | $156,360 |
| 2015 | $2,205.97 | $145,340 |
| 2014 | $2,114.35 | $132,870 |
| 2013 | $0 | $130,020 |
| 2012 | $1,549 | $127,850 |
| 2011 | $1,651 | $134,290 |
| 2010 | $1,705 | $137,520 |
| 2009 | $1,700 | $142,150 |
| 2008 | $1,616 | $142,010 |
| 2007 | $1,783 | $201,380 |
| 2006 | $0 | $217,280 |
| 2005 | $0 | $152,190 |
| 2004 | $0 | $152,190 |
| 2003 | $0 | $136,880 |
| 2002 | $1,865.26 | $124,210 |
| 2001 | $1,840.21 | $123,280 |
| 2000 | $1,834.57 | $115,460 |
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