For SaleNeutral Deal460 days on market
985 Clipper Rd
985 Clipper Rd, Vero Beach, FL 32963, Vero Beach, FL 32963
$1,999,000
Listing Price
985 Clipper Rd, Vero Beach, FL 32963
Loc: Vero Beach, FL
Days Listed
460
Tax Assessed
$336k
Lot Size
0.40 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
2.9 mi away
7
Gifford Middle School
6-8
5.7 mi away
5
Vero Beach High School
9-12
3.5 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 Residence2025Central, Electric, Multiple Heating UnitsCentral Air, Electric, 2 Units, 3+ Units3 Garage spaces$90 monthly0.40 Acres460 Days$681
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.63%
Total ROI
102.9%
Cash Flow
$667/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $667/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • 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 |
|---|---|---|---|
| 2026-06-12 | Price change | $1,999,000 | $681 |
| 2026-05-08 | Price change | $2,099,000 | $715 |
| 2026-02-13 | Price change | $2,199,000 | $749 |
| 2025-06-20 | Listed for sale | $2,450,000 | $835 |
| 2025-06-10 | Listing removed | $2,450,000 | $835 |
| 2024-06-11 | Listed for sale | $2,450,000 | $835 |
| 2024-06-11 | Listing removed | $0 | – |
| 2024-01-15 | Listed for sale | $2,450,000 | $835 |
| 2023-03-17 | Listing removed | $0 | – |
| 2022-03-17 | Listed for sale | $499,000 | $170 |
| 2022-01-21 | Sold | $365,000 | $124 |
| 2022-01-21 | Pending sale | $389,000 | $133 |
| 2021-01-20 | Listing removed | $0 | – |
| 2020-01-10 | Price change | $399,000 | $136 |
| 2019-05-17 | Price change | $425,000 | $145 |
| 2018-06-05 | Listed for sale | $445,000 | $152 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,723.59 | $336,222 |
| 2024 | $4,734.4 | $336,222 |
| 2023 | $4,680.64 | $336,222 |
| 2022 | $5,010.65 | $380,258 |
| 2021 | $4,939.66 | $380,258 |
| 2020 | $4,148.59 | $281,060 |
| 2019 | $4,148.59 | $281,060 |
| 2018 | $4,251.87 | $281,060 |
| 2017 | $3,396.54 | $247,994 |
| 2016 | $3,383.4 | $219,580 |
| 2015 | $3,396.54 | $219,580 |
| 2014 | $3,383.4 | $173,600 |
| 2013 | $0 | $157,060 |
| 2012 | $2,672 | $165,510 |
| 2011 | $2,778 | $177,220 |
| 2010 | $3,347 | $206,760 |
| 2009 | $3,358 | $216,610 |
| 2008 | $4,066 | $275,680 |
| 2007 | $5,701 | $379,060 |
| 2006 | $0 | $418,440 |
| 2005 | $0 | $161,050 |
| 2004 | $0 | $161,050 |
| 2003 | $0 | $115,830 |
| 2002 | $1,658.08 | $89,500 |
| 2001 | $1,667.76 | $89,500 |
| 2000 | $1,438.45 | $74,590 |
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