For SaleRisky Deal8 days on market
1485 Gracewood Ln
1485 Gracewood Ln, Vero Beach, FL 32963, Vero Beach, FL 32963
$2,750,000
Listing Price
1485 Gracewood Ln, Vero Beach, FL 32963
Loc: Vero Beach, FL
Days Listed
8
Tax Assessed
$1060k
Lot Size
0.52 acres
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.
7
Beachland Elementary School
PK-5
3.4 mi away
7
Gifford Middle School
6-8
6.2 mi away
5
Vero Beach High School
9-12
3.8 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 Residence1996Electric, Multiple Heating UnitsElectric, 1 Unit, 3+ Units2 Attached Garage spaces$250 monthly0.52 Acres8 Days$850
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.21%
Total ROI
93.9%
Cash Flow
$-33/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-33/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $2,750,000 | $850 |
| 2026-09-20 | Contingent | $2,750,000 | $850 |
| 2026-09-15 | Listed for sale | $2,750,000 | $850 |
| 2012-06-05 | Sold | $950,000 | $293 |
| 2011-10-19 | Listed for sale | $995,000 | $307 |
| 2011-01-18 | Listing removed | $975,000 | $301 |
| 2010-09-09 | Listed for sale | $975,000 | $301 |
| 2010-09-07 | Sold | $895,000 | $276 |
| 2004-01-19 | Sold | $899,000 | $278 |
| 1996-06-25 | Sold | $520,000 | $161 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $14,694.23 | $1,059,830 |
| 2024 | $14,105.98 | $1,029,961 |
| 2023 | $13,523.53 | $999,962 |
| 2022 | $13,213.33 | $970,837 |
| 2021 | $13,266.59 | $942,561 |
| 2020 | $13,267.86 | $929,547 |
| 2019 | $13,267.86 | $929,547 |
| 2018 | $13,667.8 | $906,526 |
| 2017 | $14,937.34 | $929,106 |
| 2016 | $14,123.35 | $938,540 |
| 2015 | $14,937.34 | $846,280 |
| 2014 | $14,123.35 | $784,730 |
| 2013 | $0 | $713,570 |
| 2012 | $11,743 | $723,230 |
| 2011 | $12,389 | $763,830 |
| 2010 | $9,540 | $622,520 |
| 2009 | $9,941 | $674,760 |
| 2008 | $11,593 | $819,570 |
| 2007 | $11,838 | $776,460 |
| 2006 | $0 | $966,810 |
| 2005 | $0 | $741,650 |
| 2004 | $0 | $741,650 |
| 2003 | $0 | $749,310 |
| 2002 | $12,480.2 | $669,550 |
| 2001 | $9,986.4 | $531,840 |
| 2000 | $8,629.18 | $443,520 |
Similar Properties Nearby
Explore other investment opportunities in Vero Beach.