5690 Highway A1a Hwy Unit 101n · Indian River Shores, FL
Flood risk 7/10 · Major
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.59%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +11.6/30.0
- ARV discount +7.5/15.0
- Rent growth +5.0/5.0
- Schools +4.2/10.0
- 1% rule +3.6/10.0
- DSCR +3.4/10.0
- Livability +3.4/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$650,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Elevated oceanfront living @ its finest! Welcome to Victoria-a gated oceanfront enclave where privacy & sophistication converge. This exceptional end-corner residence offers 2,050+sqft of refined living w/ 2 expansive suites, 3.5 baths, & oversized wraparound terrace, delivering the comfort & scale of a single-family home. Highlights include accordion shutters, '25 roof, 2 under-bldg parking spaces, & lux upgrades. Milestone+SIRS studies completed & state certified for 10 yrs. A rare opportunity to own a spacious, oceanfront retreat in one of the Barrier Island’s most distinguished communities.
Key facts
- $654 HOA
- 2 garage spots
- Community pool
Property features AI
Finance
- Other: Pets allowed (restrictions on number/size apply)
- Financial info: Association fee paid monthly
- HOA & community: Community association (monthly fee); Association amenities include: private beach access and pavilion, clubhouse, pool, cabana, tennis courts, basketball court, elevators, lobby, community room, bike storage, storage, trash chute, street lights
Exterior
- Parking: Attached garage; 2 garage spaces (covered); Assigned parking; Deeded parking; Guest parking; Under-building parking
- Security: Closed-circuit cameras; Fire sprinkler system; Key card entry; Smoke detectors; Security fence; Entry phone/intercom; Gated community (no guard)
- Utilities: Public water; Public sewer; Three-phase electric; Cable available; Underground utilities; Water and sewer available
- Home design: Condominium; Multi/split levels (3 stories total); Faces southeast; Resale property
- Construction: Built with block/concrete/CBS construction; Flat roof; 3 total stories
- Exterior features: Covered patio; Open patio; Screened patio; Glass-enclosed patio; Open porch; Wrap-around porch; Many trees; Paved road frontage; Ocean access; Directly on sand / beachfront
Interior
- Kitchen: Dishwasher; Electric range; Microwave; Refrigerator; Disposal; Electric water heater
- Bedrooms: 2 main-level bedrooms
- Flooring: Carpet; Marble; Vinyl
- Bathrooms: 3 full bathrooms; 1 half bathroom (4 total bathrooms)
- Heating & cooling: Central heating (electric, individual units); Central air conditioning (electric, individual units)
- Interior features: Cathedral ceilings; Vaulted ceiling; Entrance foyer; Kitchen island; Wet bar; Walk-in closets; Split bedroom layout; Decorative fireplace
- Laundry & utility: Laundry closet inside unit
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/4.0-bath condo listed at $650k.
Deal economics
- At list price, monthly cash flow is $-264 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $603k (7.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $561k (13.7% below list).
- Recommended offer: $561k (13.7% below list) — sets the bar for 1% rule.
- Cap rate 5.9% vs local median 1.5% in Indian River Shores — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 68/100 on livability (#517 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A-; Watch: amenities F, commute F, cost of living F.
- Indian River (other): math 48% / reading 52% proficiency, ranked #35 of 73 in FL (top 48%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Beachland Elementary School (math 54% / reading 58%, grade C+, #832 of 2,144 statewide, top 40%, 523 students, 39% FRL); Gifford Middle School (math 46% / reading 45%, grade D+, #305 of 571 statewide, top 54%, 582 students, 72% FRL); Vero Beach High School (math 28% / reading 43%, grade F, #367 of 667 statewide, top 57%, 2,847 students, 50% FRL) — zoned schools at 54% FRL track the district average.
- Market conditions: Rents rising fast (+11.0%/yr); 498 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 564 units permitted in Indian River County in 2024 (281 in 5+ unit buildings).
- This rent runs 45% of the median local income ($150k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $20k of value loss. Plan a longer hold.
- Indian River County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 125 days — a 12% lower offer ($572k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 16y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $245k; list at $650k implies a 165% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 125 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.86% ✗
- Cap rate
- 5.93%
- Cash-on-cash
- -1.30%
- DSCR
- 0.94
- GRM
- 9.7
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- -13.5%
- Equity multiple
- 0.49×
- Total profit
- $-92,256
- Equity at exit
- $96,917
- IRR
- 2.1%
- Equity multiple
- 1.19×
- Total profit
- $33,891
- Equity at exit
- $56,200
Cash invested: $182,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Florida
- 87 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 32963
- Rents YoY
- 11.0%
- Active inventory
- 498
- Price-to-rent
- 9.7×
Monthly cashflow live
- Estimated rent
- $5,613 high interval (Pro) →
- Mortgage (P&I)
- −$3,409
- Tax from tax record
- −$298 /mo · $3,573/yr
- Insurance
- −$271
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$654
- Vacancy / Maint / Mgmt
- −$1,179
- Net cashflow
- $-264
Break-even live
Sensitivity live
| Price | -10% $104 | -5% $-80 | +0% $-264 | +5% $-448 | +10% $-632 |
|---|---|---|---|---|---|
| Rent | -10% $-707 | -5% $-485 | +0% $-264 | +5% $-42 | +10% $180 |
| Rate | -1.0pp $64 | -0.5pp $-98 | base $-264 | +0.5pp $-432 | +1.0pp $-604 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $162,500
- Closing costs
- $19,500
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 34 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5680 Highway A1A #112 Vero Beach, FL | 3.0 | 3.0 | 2620 | $7,000 | $2.67 | 22d | 1 | 0.01mi |
| 5680 Highway A1A #111 Vero Beach, FL | 3.0 | 3.0 | 2050 | $6,000 | $2.93 | 22d | 1 | 0.01mi |
| 5670 Jimmy Buffett Memorial Hwy Unit 315S Vero Beach, FL | 2.0 | 3.5 | 2050 | $7,000 | $3.41 | 22d | 1 | 0.01mi |
| 5690 Jimmy Buffett Memorial Hwy Unit 102N Vero Beach, FL | 1.0 | 3.5 | 1900 | $4,500 | $2.37 | 22d | 1 | 0.03mi |
| 5790 Jimmy Buffett Memorial Hwy Vero Beach, FL | 3.0 | 3.0 | 2300 | $8,500 | $3.70 | 22d | 1 | 0.08mi |
| 5601 Jimmy Buffett Memorial Hwy Unit 304N Indian River Shores, FL | 2.0 | 2.0 | 2115 | $1,999 | $0.95 | 22d | 1 | 0.19mi |
| 219 Park Shores Cir Unit 219B Vero Beach, FL | 2.0 | 2.5 | 1583 | $3,000 | $1.90 | 14d | 1 | 0.20mi |
| 5601 Jimmy Buffett Memorial Hwy Unit 206C Indian River Shores, FL | 3.0 | 2.0 | 2400 | $6,000 | $2.50 | 22d | 1 | 0.21mi |
| 5554 Jimmy Buffett Memorial Hwy Unit 201 Indian River Shores, FL | 2.0 | 2.0 | 1632 | $12,000 | $7.35 | 22d | 1 | 0.23mi |
| 5554 Jimmy Buffett Memorial Hwy Unit 202 Indian River Shores, FL | 2.0 | 2.5 | 1632 | $12,000 | $7.35 | 22d | 1 | 0.23mi |
| 5536 Jimmy Buffett Memorial Hwy Unit 211 Vero Beach, FL | 2.0 | 2.5 | 1632 | $6,000 | $3.68 | 22d | 1 | 0.25mi |
| 133 E Park Shores Cir Unit 4E Vero Beach, FL | 2.0 | 2.0 | 1540 | $3,500 | $2.27 | 14d | 1 | 0.26mi |
| 133 E Park Shores Cir Unit 7E Vero Beach, FL | 2.0 | 2.0 | 1640 | $3,000 | $1.83 | 14d | 1 | 0.26mi |
| 101 E Park Shores Cir Unit 2 Indian River Shores, FL | 2.0 | 2.0 | 1640 | $2,600 | $1.59 | 14d | 1 | 0.27mi |
| 131 Peppertree Dr #21 Vero Beach, FL | 2.0 | 2.0 | 1787 | $3,300 | $1.85 | 14d | 1 | 0.36mi |
| 270 S Peppertree Dr Vero Beach, FL | 3.0 | 3.0 | 2261 | $3,600 | $1.59 | 22d | 1 | 0.41mi |
| 100 River Oak Ln Vero Beach, FL | 3.0 | 3.0 | 2245 | $13,000 | $5.79 | 22d | 1 | 0.47mi |
| 926 Pebble Ln Vero Beach, FL | 3.0 | 2.0 | 2695 | $15,000 | $5.57 | 22d | 1 | 0.61mi |
| 5101 Highway A1A #109 Vero Beach, FL | 3.0 | 2.0 | 1848 | $5,500 | $2.98 | 22d | 1 | 0.70mi |
| 915 Surfsedge Way Vero Beach, FL | 3.0 | 3.5 | 3000 | $25,000 | $8.33 | 22d | 1 | 0.78mi |
| 4617 Pebble Bay S Vero Beach, FL | 3.0 | 2.5 | 2240 | $8,500 | $3.79 | 22d | 1 | 0.96mi |
| 902 Tides Rd Vero Beach, FL | 3.0 | 3.0 | 1810 | $8,500 | $4.70 | 14d | 1 | 1.07mi |
| 907 Tropic Dr Vero Beach, FL | 3.0 | 2.0 | 1830 | $10,000 | $5.46 | 22d | 1 | 1.17mi |
| 705 Bahia Mar Rd Vero Beach, FL | 3.0 | 2.0 | 2214 | $16,000 | $7.23 | 14d | 1 | 1.21mi |
| 926 Tropic Dr Vero Beach, FL | 1.0 | 1.0 | 2000 | $2,000 | $1.00 | 14d | 1 | 1.22mi |
| 5000 Highway A1A #320 Vero Beach, FL | 2.0 | 2.0 | 1980 | $5,000 | $2.53 | 22d | 1 | 1.25mi |
| 4836 Bethel Creek Dr Unit 4836 Vero Beach, FL | 2.0 | 2.5 | 1650 | $3,000 | $1.82 | 14d | 1 | 1.32mi |
| 4834 Bethel Creek Dr Vero Beach, FL | 2.0 | 2.5 | 1500 | $2,900 | $1.93 | 22d | 1 | 1.32mi |
| 4800 Highway A1A #506 Vero Beach, FL | 2.0 | 2.0 | 1850 | $4,500 | $2.43 | 22d | 1 | 1.35mi |
| 4800 Highway A1A #116 Vero Beach, FL | 2.0 | 2.0 | 1822 | $3,000 | $1.65 | 22d | 1 | 1.35mi |
| 4800 Highway A1A #207 Vero Beach, FL | 2.0 | 2.0 | 1850 | $7,000 | $3.78 | 22d | 1 | 1.35mi |
| 4800 Bethel Creek Dr Unit 5S Vero Beach, FL | 2.0 | 2.5 | 2215 | $5,500 | $2.48 | 14d | 1 | 1.37mi |
| 4601 Highway A1A #103 Vero Beach, FL | 2.0 | 2.0 | 1600 | $2,500 | $1.56 | 22d | 1 | 1.49mi |
| 4601 Highway A1A #202 Vero Beach, FL | 2.0 | 2.0 | 1440 | $3,250 | $2.26 | 22d | 1 | 1.49mi |
HOA detail condo
- Monthly dues
- $654 · $7,848/yr
- Likely covers
- security
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 33 events
-
2026-06-19days on market $650,000 Active 125 DOM
-
2026-06-18days on market $650,000 Active 124 DOM
-
2026-06-17days on market $650,000 Active 123 DOM
-
2026-06-16days on market $650,000 Active 122 DOM
-
2026-06-15days on market $650,000 Active 121 DOM
-
2026-06-14days on market $650,000 Active 119 DOM
-
2026-06-13days on market $650,000 Active 118 DOM
-
2026-06-10days on market $650,000 Active 116 DOM
-
2026-06-09days on market $650,000 Active 115 DOM
-
2026-06-08days on market $650,000 Active 114 DOM
-
2026-06-07days on market $650,000 Active 113 DOM
-
2026-06-05days on market $650,000 Active 110 DOM
-
2026-06-02days on market $650,000 Active 108 DOM
-
2026-06-01days on market $650,000 Active 107 DOM
-
2026-05-31days on market $650,000 Active 106 DOM
-
2026-05-30days on market $650,000 Active 105 DOM
-
2026-02-14$650,000 Active 635-char remark
Show marketing remark (982 chars)
Elevated Oceanfront Living at its finest! Welcome to Victoria in prestigious Indian River Shores -- a gated oceanfront enclave where privacy and sophistication converge. This exceptional end-corner residence offers over 2,050 sqft of refined living space with two expansive primary suites, 3.5 baths, and an oversized wraparound terrace, delivering the comfort and scale of a single-family home. The designer kitchen is both timeless and striking, featuring: white shaker cabinetry, quartz countertops, and black stainless steel appliances. Updates include: luxury marble and premium vinyl flooring throughout, hurricane accordion shutters, brand-new 2025 roof, two coveted under-building parking spaces, and more! With Milestone and SIRS studies completed and the building state certified for 10 years, elegance is paired with exceptional structural confidence. A rare opportunity to own a spacious, oceanfront retreat in one of the Barrier Island's most distinguished communities!
-
2026-02-14$650,000 Active 982-char remark
Show marketing remark (982 chars)
Elevated Oceanfront Living at its finest! Welcome to Victoria in prestigious Indian River Shores -- a gated oceanfront enclave where privacy and sophistication converge. This exceptional end-corner residence offers over 2,050 sqft of refined living space with two expansive primary suites, 3.5 baths, and an oversized wraparound terrace, delivering the comfort and scale of a single-family home. The designer kitchen is both timeless and striking, featuring: white shaker cabinetry, quartz countertops, and black stainless steel appliances. Updates include: luxury marble and premium vinyl flooring throughout, hurricane accordion shutters, brand-new 2025 roof, two coveted under-building parking spaces, and more! With Milestone and SIRS studies completed and the building state certified for 10 years, elegance is paired with exceptional structural confidence. A rare opportunity to own a spacious, oceanfront retreat in one of the Barrier Island's most distinguished communities!
-
2026-02-14$650,000 Active
Show marketing remark (982 chars)
Elevated Oceanfront Living at its finest! Welcome to Victoria in prestigious Indian River Shores -- a gated oceanfront enclave where privacy and sophistication converge. This exceptional end-corner residence offers over 2,050 sqft of refined living space with two expansive primary suites, 3.5 baths, and an oversized wraparound terrace, delivering the comfort and scale of a single-family home. The designer kitchen is both timeless and striking, featuring: white shaker cabinetry, quartz countertops, and black stainless steel appliances. Updates include: luxury marble and premium vinyl flooring throughout, hurricane accordion shutters, brand-new 2025 roof, two coveted under-building parking spaces, and more! With Milestone and SIRS studies completed and the building state certified for 10 years, elegance is paired with exceptional structural confidence. A rare opportunity to own a spacious, oceanfront retreat in one of the Barrier Island's most distinguished communities!
-
2026-02-13historical $650,000 982-char remark
Show marketing remark (635 chars)
Elevated oceanfront living @ its finest! Welcome to Victoria-a gated oceanfront enclave where privacy & sophistication converge. This exceptional end-corner residence offers 2,050+sqft of refined living w/ 2 expansive suites, 3.5 baths, & oversized wraparound terrace, delivering the comfort & scale of a single-family home. Highlights include accordion shutters, '25 roof, 2 under-bldg parking spaces, & lux upgrades. Milestone+SIRS studies completed & state certified for 10 yrs. A rare opportunity to own a spacious, oceanfront retreat in one of the Barrier Island’s most distinguished communities.
-
2026-02-13historical $650,000
Show marketing remark (635 chars)
Elevated oceanfront living @ its finest! Welcome to Victoria-a gated oceanfront enclave where privacy & sophistication converge. This exceptional end-corner residence offers 2,050+sqft of refined living w/ 2 expansive suites, 3.5 baths, & oversized wraparound terrace, delivering the comfort & scale of a single-family home. Highlights include accordion shutters, '25 roof, 2 under-bldg parking spaces, & lux upgrades. Milestone+SIRS studies completed & state certified for 10 yrs. A rare opportunity to own a spacious, oceanfront retreat in one of the Barrier Island’s most distinguished communities.
-
2026-02-13historical $650,000 635-char remark
Show marketing remark (635 chars)
Elevated oceanfront living @ its finest! Welcome to Victoria-a gated oceanfront enclave where privacy & sophistication converge. This exceptional end-corner residence offers 2,050+sqft of refined living w/ 2 expansive suites, 3.5 baths, & oversized wraparound terrace, delivering the comfort & scale of a single-family home. Highlights include accordion shutters, '25 roof, 2 under-bldg parking spaces, & lux upgrades. Milestone+SIRS studies completed & state certified for 10 yrs. A rare opportunity to own a spacious, oceanfront retreat in one of the Barrier Island’s most distinguished communities.
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2023-07-01historical
-
2023-02-21price $779,000
-
2023-02-17$825,000 Active
-
2023-02-09price $779,000
-
2023-01-06$825,000 Active
-
2022-10-18price $825,000
-
2022-10-07$875,000 Active
-
2022-09-12historical
-
2010-01-27$429,999
-
1994-12-15soldstatus $245,000
-
1985-04-01soldstatus $224,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast FL · Resets to sale price
- Current annual tax
- $3,573 · $298/mo
- Projected year-2 tax
- $5,395 · $450/mo
- Expected delta
- +$1,822/yr (+$152/mo · 51.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 7/10 Severe FEMA zone X (unshaded) · 59% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥105°F today · 25 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $67,351
- − Mortgage interest
- −$36,410
- − Property taxes
- −$3,573
- − Insurance
- −$4,047
- − Repairs & maintenance
- −$5,388
- − Management
- −$5,388
- − HOA
- −$7,848
- − Depreciation
- −$18,909
- Taxable loss
- −$14,213
- Est. tax savings @ 24.0%
- +$3,411
- After-tax cash flow
- $246/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Indian River
- NCES district ID
- 1200930
- Math proficiency
- 48% ▼ -9.00%
- Reading proficiency
- 52% ▼ -3.00%
- Median HH income
- $46,597
- Composite
- 42.45/100
- National rank
- #3218
- State rank
- #35 of 73 in FL
Livability — Indian River Shores
- Score
- 68/100
- State rank
- #517
- US rank
- #9512
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Indian River Shores, FL
- County
- Indian River County · 143,738 people
- City population
- 15,008
- Metro
- Sebastian-Vero Beach, FL
- Population (ZIP)
- 15,008
- Household income
- $149,923
- Rent vs Own
- Severe rent burden
- 119.0
Population outlook (Indian River County) Hauer SSP2
- Today (2025)
- 165,104 people
- By 2030
- 172,869 · +4.7%
- By 2040
- 185,640 · +12.4%
- By 2050
- 194,465 · +17.8%
- By 2075
- 211,115 · +27.9%
- By 2100
- 211,781 · +28.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (92%)
- Race & ethnicity
- White 92% Two or more races 5% Hispanic / Latino 4% Asian 2%
- Common ancestry
- Slovak 5% Lithuanian 4% Italian 3%
- Foreign-born
- 9% · Canada
- Languages at home
- 92% English-only · Spanish 3% Other Indo-European 1% German/W. Germanic 1%
Political lean MEDSL · Indian River
- 2024 margin
- Strong R (+27.4) · D 36.0% · R 63.4%
- 2008→2024 swing
- -12.5pp toward R · 2008: -14.8pp · 2024: -27.4pp
- All cycles
- 2024: R+27.4 2020: R+21.6 2016: R+24.5 2012: R+22.3 2008: R+14.8
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -180.47%
- Current HPI
- 312.0326
- Rent YoY
- ▲ 11.04%
- Metro
- Sebastian-Vero Beach, FL
- State GDP YoY
- ▲ 3.28%
- F500 in state
- 36
Industry mix (Fortune 500 HQ in FL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Industrial Technology | 2 | $29B |
|
||
| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+190.2% since first listed17 events — show timeline
- 2026-02-14 Listed $650,000 RAIRCMLS
- 2026-02-14 Listed $650,000 SCMLS
- 2026-02-14 Listed $650,000 Beaches MLS
- 2026-02-13 Coming Soon $650,000 SCMLS
- 2026-02-13 Coming Soon $650,000 Beaches MLS
- 2026-02-13 Coming Soon $650,000 RAIRCMLS
- 2023-07-01 Listing Removed — Beaches MLS
- 2023-02-21 Price Changed $779,000 Beaches MLS
- 2023-02-17 Listed $825,000 Beaches MLS
- 2023-02-09 Price Changed $779,000 RAIRCMLS
- 2023-01-06 Listed $825,000 RAIRCMLS
- 2022-10-18 Price Changed $825,000 RAIRCMLS
- 2022-10-07 Listed $875,000 RAIRCMLS
- 2022-09-12 Coming Soon — RAIRCMLS
- 2010-01-27 Listed $429,999 RAIRCMLS
- 1994-12-15 Sold (Public Records) $245,000 Public Records
- 1985-04-01 Sold (Public Records) $224,000 Public Records
Property tax history
+0.3%/yrLatest (2025): $3,573 · +2.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…