For SaleRisky Deal111 days on market
1401 W 56th Sq
1401 W 56th Sq, Vero Beach, FL 32966, Vero Beach, FL 32966
$625,000
Listing Price
1401 W 56th Sq, Vero Beach, FL 32966
Loc: Vero Beach, FL
Days Listed
111
Tax Assessed
$527k
Lot Size
0.44 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.
8
Glendale Elementary School
PK-5
0.8 mi away
7
Storm Grove Middle School
6-8
5 mi away
5
Vero Beach High School
9-12
2.5 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
ranch stylesingle-storyspacious front lawnstone accentssidingarched windowscovered entrywaysuburbanpalm treeslandscaped shrubberyresidentialtraditionalpitched roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.96%
Total ROI
88.5%
Cash Flow
$-137/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-137/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 |
|---|---|---|---|
| 2026-09-23 | Price change | $625,000 | $223 |
| 2026-08-24 | Price change | $635,000 | $226 |
| 2026-08-11 | Price change | $639,000 | $228 |
| 2026-06-15 | Pending sale | $520,000 | $185 |
| 2026-06-05 | Listed for sale | $520,000 | $185 |
| 2014-10-14 | Sold | $360,000 | $128 |
| 2014-05-06 | Price change | $385,000 | $137 |
| 2014-02-06 | Listed for sale | $399,000 | $142 |
| 2009-04-08 | Sold | $325,000 | $116 |
| 2001-09-20 | Sold | $241,000 | $86 |
| 1997-11-26 | Sold | $235,000 | $84 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $407.79 | $358,376 |
| 2024 | $185.63 | $348,276 |
| 2023 | $172.54 | $338,132 |
| 2022 | $168.99 | $328,283 |
| 2021 | $155.12 | $318,721 |
| 2020 | $144.89 | $314,321 |
| 2019 | $144.89 | $307,255 |
| 2018 | $140.4 | $301,526 |
| 2017 | $127.6 | $295,324 |
| 2016 | $127.6 | $289,250 |
| 2015 | $120.61 | $287,240 |
| 2014 | $120.61 | $253,450 |
| 2013 | $0 | $249,710 |
| 2012 | $4,053 | $282,910 |
| 2011 | $4,521 | $312,200 |
| 2010 | $4,128 | $287,170 |
| 2009 | $4,130 | $261,120 |
| 2008 | $4,698 | $312,910 |
| 2007 | $5,661 | $338,700 |
| 2006 | $0 | $345,560 |
| 2005 | $0 | $252,780 |
| 2004 | $0 | $252,780 |
| 2003 | $0 | $229,640 |
| 2002 | $3,855.31 | $228,240 |
| 2001 | $4,255.73 | $223,550 |
| 2000 | $3,731.23 | $188,810 |
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