For SaleRisky Deal2 days on market
506 Conn Way
506 Conn Way, Vero Beach, FL 32963, Vero Beach, FL 32963
$1,450,000
Listing Price
506 Conn Way, Vero Beach, FL 32963
Loc: Vero Beach, FL
Days Listed
2
Tax Assessed
$1717k
Lot Size
0.31 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Beachland Elementary School
PK-5
0.5 mi away
7
Gifford Middle School
6-8
3.2 mi away
5
Vero Beach High School
9-12
3.3 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
Single Family Residence1953Central, ElectricCentral Air, Ceiling Fan(s), Electric1 Attached Garage space0.31 Acres2 Days$771
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.63%
Total ROI
81.3%
Cash Flow
$-719/mo
DSCR
0.90
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-719/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.6%)
- • 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 | $1,450,000 | $771 |
| 2026-08-31 | Contingent | $1,450,000 | $771 |
| 2026-08-18 | Price change | $1,450,000 | $771 |
| 2026-07-06 | Price change | $1,580,000 | $840 |
| 2026-03-13 | Price change | $1,650,000 | $878 |
| 2026-01-19 | Listed for sale | $1,700,000 | $904 |
| 2021-03-15 | Sold | $1,275,000 | $678 |
| 2017-04-28 | Sold | $475,000 | $253 |
| 2016-11-02 | Sold | $310,000 | $165 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $24,811.94 | $1,448,983 |
| 2024 | $22,423.21 | $1,579,002 |
| 2023 | $19,967.86 | $1,400,878 |
| 2022 | $17,107.26 | $1,088,642 |
| 2021 | $5,425.51 | $354,729 |
| 2020 | $4,794.96 | $289,857 |
| 2019 | $4,794.96 | $289,878 |
| 2018 | $4,922.67 | $330,618 |
| 2017 | $6,901.54 | $396,312 |
| 2016 | $6,901.54 | $360,760 |
| 2015 | $5,995.89 | $295,360 |
| 2014 | $5,381.94 | $228,790 |
| 2013 | $0 | $221,950 |
| 2012 | $3,480 | $199,470 |
| 2011 | $3,608 | $207,120 |
| 2010 | $4,462 | $257,870 |
| 2009 | $5,059 | $305,210 |
| 2008 | $5,394 | $341,460 |
| 2007 | $5,725 | $352,670 |
| 2006 | $0 | $430,010 |
| 2005 | $0 | $321,050 |
| 2004 | $0 | $321,050 |
| 2003 | $0 | $220,020 |
| 2002 | $3,929.59 | $202,070 |
| 2001 | $3,130.04 | $158,210 |
| 2000 | $2,866.36 | $139,600 |
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