Tbd W 98th Ave · Vero Lake Estates, FL 32967

$274,900

3 bd · 2.0 ba · 1,273 sqft · SingleFamily · 33 Days on market

Built 2027 Good condition 8,276 sqft lot

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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 +9.7/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Condition / age +4.0/5.0
• 1% rule +2.9/10.0
• DSCR +2.7/10.0
• Livability +2.5/5.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Pre-Construction. To Be Built. Discover the perfect blend of modern convenience and timeless design in the Poinsettia in Vero Lake Estates, where a thoughtfully planned layout creates a natural flow from the foyer into the main living areas. Two bedrooms are positioned at the front for added privacy, while the owner's suite is tucked away at the back, featuring a spacious walk-in closet and a private bath with a dual vanity and walk-in shower. The open-concept kitchen is both stylish and functional, complete with stainless steel appliances, Shaker cabinets, laminate countertops, and a convenient pantry. It connects seamlessly to the dining nook and great room, creating a bright and welcoming space for everyday living and gatherings. Flush mount LED lighting enhances the main living areas, while Deako light switches add a modern touch throughout. Step outside through the sliding glass doors to the 10x20 patio, an ideal setting for relaxing or entertaining while enjoying Florida's year-round sunshine. The home also includes a two-car garage, hurricane shutters, and gutters, adding both convenience and peace of mind. Built with the ZIP System sheathing, this home brings an added layer of durability and weather protection. Interior finishes include 17x17 ceramic tile flooring in the kitchen, bathrooms, and laundry area, with carpet in the bedrooms for added comfort. The primary suite continues the home's cohesive design, while the guest bathroom features a tub/shower combination. Brushed nickel hardware throughout adds a polished, contemporary feel. Additional features include a centrally located laundry room and smart home elements designed to simplify daily living. With its clean design, functional layout, and well-appointed finishes, the Poinsettia delivers a comfortable and connected lifestyle in Vero Lake Estates.

Key facts

• Open-concept kitchen
• 10x20 patio
• Shaker cabinets

Tags

• OPEN-CONCEPT KITCHEN
• STAINLESS STEEL APPLIANCES
• SHAKER CABINETS
• LAMINATE COUNTERTOPS
• CONVENIENT PANTRY
• 10X20 PATIO

Property features AI

Finance

• Other: Pets allowed with no restrictions

Exterior

• Parking: Attached 2-car garage; Driveway; Two covered parking spaces
• Security: Smoke detectors
• Utilities: Well water; Septic tank; Cable available
• Home design: Single-family home; One story; First-floor entry; East-facing; Under construction
• Construction: Block and stucco construction; Shingle roof; Slab foundation; Built by Maronda Homes (Poinsettia model)
• Exterior features: Open patio; Patio; Landscaped lot; Not waterfront

Interior

• Kitchen: Dishwasher; Electric range; Microwave; Electric water heater
• Bedrooms: Three bedrooms on the main level
• Flooring: Carpet; Ceramic tile
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Central electric heating; Central electric air conditioning
• Interior features: Entrance foyer; Walk-in closets; Split bedroom layout; ENERGY STAR qualified windows
• Laundry & utility: Laundry room with washer and electric dryer hookups

🏗️ New construction. The $274,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $305,520.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $275k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-201 ($-2k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $242k (12.0% below list).
• Recommended offer: $242k (12.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• 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: Treasure Coast Elementary School (math 61% / reading 57%, grade B-, #722 of 2,144 statewide, top 34%, 691 students, 59% FRL); Storm Grove Middle School (math 54% / reading 55%, grade B-, #183 of 571 statewide, top 34%, 1,020 students, 50% FRL); Sebastian River High School (math 29% / reading 45%, grade F, #340 of 667 statewide, top 52%, 1,843 students, 52% FRL) — zoned schools at 54% FRL track the district average.
• Market conditions: Rents soft (-1.2%/yr); 611 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 564 units permitted in Indian River County in 2024 (281 in 5+ unit buildings).
• This rent runs 37% of the median local income ($78k/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 $2k of loan paydown is wiped out by about $9k 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 33 days — a 3% lower offer ($267k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $241,871 (12.0% below list)

Questions for the listing agent

1. 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?
2. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.79% ✗
• Cap rate: 5.51%
• Cash-on-cash: -2.81%
• DSCR: 0.87
• GRM: 10.5

CMA / ARV

• ARV (on-the-fly): $305,520
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8236 97th Ave	0.19mi	3/2.0	1,263 (-1%)	3mo	$286,000	$226	87
8436 99th Ct	0.36mi	3/2.0	1,270 (-0%)	3mo	$338,900	$267	80
7756 96th Ave	0.59mi	3/2.0	1,263 (-1%)	5mo	$295,000	$234	67
8725 98th Ct	0.69mi	3/2.0	1,270 (-0%)	2mo	$332,900	$262	66
7955 102nd Ct	0.62mi	3/2.0	1,300 (+2%)	4mo	$250,000	$192	64
7776 101st Ave	0.58mi	3/2.0	1,312 (+3%)	4mo	$260,000	$198	64
8616 101st Ct	0.69mi	3/2.0	1,263 (-1%)	4mo	$280,000	$222	63
8126 100th Ct	0.28mi	3/2.0	1,463 (+15%)	3mo	$353,900	$242	60
8646 98th Ct	0.60mi	3/2.0	1,192 (-6%)	4mo	$280,000	$235	58
8426 99th Ct	0.35mi	3/2.0	1,463 (+15%)	2mo	$359,900	$246	57
8266 102nd Ave	0.47mi	2/2.0 (-1)	1,144 (-10%)	1mo	$275,000	$240	55
7830 94th Ave	0.69mi	3/2.0	1,417 (+11%)	5mo	$352,000	$248	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -24.4%
• Equity multiple: 0.19×
• Total profit: $-69,335
• Equity at exit: $45,554

10-year hold

• IRR: -31.8%
• Equity multiple: -0.22×
• Total profit: $-104,072
• Equity at exit: $26,416

Cash invested: $85,546 (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

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32967

• Home prices YoY: -24.4%
• Rents YoY: -1.2%
• Active inventory: 611
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,419 high
• Mortgage (P&I): −$1,602
• Tax est. 1.5%: −$382 /mo · $4,583/yr
• Insurance: −$127
• HOA: −$0
• Vacancy / Maint / Mgmt: −$508
• Net cashflow: $-201

Break-even live

Break-even rent $2,673

Max offer price $276,494

Occupancy floor —

Sensitivity live

Price	-10% $11	-5% $-95	+0% $-201	+5% $-306	+10% $-412
Rent	-10% $-392	-5% $-296	+0% $-201	+5% $-105	+10% $-10
Rate	-1.0pp $-47	-0.5pp $-123	base $-201	+0.5pp $-280	+1.0pp $-360

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: $76,380
• Closing costs: $9,166
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8185 99th Ct Vero Beach, FL	3.0	2.0	1449	$2,075	$1.43	23d	1	0.19mi
9715 79th St Vero Beach, FL	3.0	2.0	1152	$1,825	$1.58	15d	1	0.37mi
8516 E 98th Ave Vero Beach, FL	3.0	2.0	1514	$2,500	$1.65	15d	1	0.43mi
7955 101st Ct Vero Beach, FL	4.0	2.0	1764	$2,200	$1.25	23d	1	0.52mi
8415 102nd Ave Vero Beach, FL	3.0	2.0	1400	$2,065	$1.48	23d	1	0.58mi
8075 104th Ave Vero Beach, FL	3.0	2.0	1610	$2,500	$1.55	15d	1	0.76mi
8756 103rd Ave Vero Beach, FL	3.0	2.0	1244	$2,000	$1.61	23d	1	0.95mi
9024 100th Ct Vero Beach, FL	3.0	2.0	1852	$2,500	$1.35	23d	1	1.11mi

Listing history 15 events

1. 2026-06-08
   days on market $274,900 Active 33 DOM
2. 2026-06-07
   days on market $274,900 Active 32 DOM
3. 2026-06-05
   days on market $274,900 Active 29 DOM
4. 2026-06-02
   days on market $274,900 Active 27 DOM
5. 2026-06-01
   days on market $274,900 Active 26 DOM
6. 2026-06-01
   pricelisting id $274,900 Active 25 DOM
7. 2026-05-31
   days on market $277,900 Active 25 DOM
8. 2026-05-30
   days on market $277,900 Active 24 DOM
9. 2026-05-06
   price $277,900 1846-char remark

   Show marketing remark (1846 chars)

   Pre-Construction. To Be Built. Discover the perfect blend of modern convenience and timeless design in the Poinsettia in Vero Lake Estates, where a thoughtfully planned layout creates a natural flow from the foyer into the main living areas. Two bedrooms are positioned at the front for added privacy, while the owner's suite is tucked away at the back, featuring a spacious walk-in closet and a private bath with a dual vanity and walk-in shower. The open-concept kitchen is both stylish and functional, complete with stainless steel appliances, Shaker cabinets, laminate countertops, and a convenient pantry. It connects seamlessly to the dining nook and great room, creating a bright and welcoming space for everyday living and gatherings. Flush mount LED lighting enhances the main living areas, while Deako light switches add a modern touch throughout. Step outside through the sliding glass doors to the 10x20 patio, an ideal setting for relaxing or entertaining while enjoying Florida's year-round sunshine. The home also includes a two-car garage, hurricane shutters, and gutters, adding both convenience and peace of mind. Built with the ZIP System sheathing, this home brings an added layer of durability and weather protection. Interior finishes include 17x17 ceramic tile flooring in the kitchen, bathrooms, and laundry area, with carpet in the bedrooms for added comfort. The primary suite continues the home's cohesive design, while the guest bathroom features a tub/shower combination. Brushed nickel hardware throughout adds a polished, contemporary feel. Additional features include a centrally located laundry room and smart home elements designed to simplify daily living. With its clean design, functional layout, and well-appointed finishes, the Poinsettia delivers a comfortable and connected lifestyle in Vero Lake Estates.

10. 2026-05-06
    listed $279,900 Active 1846-char remark

    Show marketing remark (1846 chars)

    Pre-Construction. To Be Built. Discover the perfect blend of modern convenience and timeless design in the Poinsettia in Vero Lake Estates, where a thoughtfully planned layout creates a natural flow from the foyer into the main living areas. Two bedrooms are positioned at the front for added privacy, while the owner's suite is tucked away at the back, featuring a spacious walk-in closet and a private bath with a dual vanity and walk-in shower. The open-concept kitchen is both stylish and functional, complete with stainless steel appliances, Shaker cabinets, laminate countertops, and a convenient pantry. It connects seamlessly to the dining nook and great room, creating a bright and welcoming space for everyday living and gatherings. Flush mount LED lighting enhances the main living areas, while Deako light switches add a modern touch throughout. Step outside through the sliding glass doors to the 10x20 patio, an ideal setting for relaxing or entertaining while enjoying Florida's year-round sunshine. The home also includes a two-car garage, hurricane shutters, and gutters, adding both convenience and peace of mind. Built with the ZIP System sheathing, this home brings an added layer of durability and weather protection. Interior finishes include 17x17 ceramic tile flooring in the kitchen, bathrooms, and laundry area, with carpet in the bedrooms for added comfort. The primary suite continues the home's cohesive design, while the guest bathroom features a tub/shower combination. Brushed nickel hardware throughout adds a polished, contemporary feel. Additional features include a centrally located laundry room and smart home elements designed to simplify daily living. With its clean design, functional layout, and well-appointed finishes, the Poinsettia delivers a comfortable and connected lifestyle in Vero Lake Estates.

11. 2026-05-06
    listed $279,900 Active 1846-char remark

    Show marketing remark (1846 chars)

    Pre-Construction. To Be Built. Discover the perfect blend of modern convenience and timeless design in the Poinsettia in Vero Lake Estates, where a thoughtfully planned layout creates a natural flow from the foyer into the main living areas. Two bedrooms are positioned at the front for added privacy, while the owner's suite is tucked away at the back, featuring a spacious walk-in closet and a private bath with a dual vanity and walk-in shower. The open-concept kitchen is both stylish and functional, complete with stainless steel appliances, Shaker cabinets, laminate countertops, and a convenient pantry. It connects seamlessly to the dining nook and great room, creating a bright and welcoming space for everyday living and gatherings. Flush mount LED lighting enhances the main living areas, while Deako light switches add a modern touch throughout. Step outside through the sliding glass doors to the 10x20 patio, an ideal setting for relaxing or entertaining while enjoying Florida's year-round sunshine. The home also includes a two-car garage, hurricane shutters, and gutters, adding both convenience and peace of mind. Built with the ZIP System sheathing, this home brings an added layer of durability and weather protection. Interior finishes include 17x17 ceramic tile flooring in the kitchen, bathrooms, and laundry area, with carpet in the bedrooms for added comfort. The primary suite continues the home's cohesive design, while the guest bathroom features a tub/shower combination. Brushed nickel hardware throughout adds a polished, contemporary feel. Additional features include a centrally located laundry room and smart home elements designed to simplify daily living. With its clean design, functional layout, and well-appointed finishes, the Poinsettia delivers a comfortable and connected lifestyle in Vero Lake Estates.

12. 2026-05-06
    listed $277,900 Active

    Show marketing remark (1846 chars)

    Pre-Construction. To Be Built. Discover the perfect blend of modern convenience and timeless design in the Poinsettia in Vero Lake Estates, where a thoughtfully planned layout creates a natural flow from the foyer into the main living areas. Two bedrooms are positioned at the front for added privacy, while the owner's suite is tucked away at the back, featuring a spacious walk-in closet and a private bath with a dual vanity and walk-in shower. The open-concept kitchen is both stylish and functional, complete with stainless steel appliances, Shaker cabinets, laminate countertops, and a convenient pantry. It connects seamlessly to the dining nook and great room, creating a bright and welcoming space for everyday living and gatherings. Flush mount LED lighting enhances the main living areas, while Deako light switches add a modern touch throughout. Step outside through the sliding glass doors to the 10x20 patio, an ideal setting for relaxing or entertaining while enjoying Florida's year-round sunshine. The home also includes a two-car garage, hurricane shutters, and gutters, adding both convenience and peace of mind. Built with the ZIP System sheathing, this home brings an added layer of durability and weather protection. Interior finishes include 17x17 ceramic tile flooring in the kitchen, bathrooms, and laundry area, with carpet in the bedrooms for added comfort. The primary suite continues the home's cohesive design, while the guest bathroom features a tub/shower combination. Brushed nickel hardware throughout adds a polished, contemporary feel. Additional features include a centrally located laundry room and smart home elements designed to simplify daily living. With its clean design, functional layout, and well-appointed finishes, the Poinsettia delivers a comfortable and connected lifestyle in Vero Lake Estates.

13. 2026-05-06
    listed $274,900 Active

    Show marketing remark (1846 chars)

    Pre-Construction. To Be Built. Discover the perfect blend of modern convenience and timeless design in the Poinsettia in Vero Lake Estates, where a thoughtfully planned layout creates a natural flow from the foyer into the main living areas. Two bedrooms are positioned at the front for added privacy, while the owner's suite is tucked away at the back, featuring a spacious walk-in closet and a private bath with a dual vanity and walk-in shower. The open-concept kitchen is both stylish and functional, complete with stainless steel appliances, Shaker cabinets, laminate countertops, and a convenient pantry. It connects seamlessly to the dining nook and great room, creating a bright and welcoming space for everyday living and gatherings. Flush mount LED lighting enhances the main living areas, while Deako light switches add a modern touch throughout. Step outside through the sliding glass doors to the 10x20 patio, an ideal setting for relaxing or entertaining while enjoying Florida's year-round sunshine. The home also includes a two-car garage, hurricane shutters, and gutters, adding both convenience and peace of mind. Built with the ZIP System sheathing, this home brings an added layer of durability and weather protection. Interior finishes include 17x17 ceramic tile flooring in the kitchen, bathrooms, and laundry area, with carpet in the bedrooms for added comfort. The primary suite continues the home's cohesive design, while the guest bathroom features a tub/shower combination. Brushed nickel hardware throughout adds a polished, contemporary feel. Additional features include a centrally located laundry room and smart home elements designed to simplify daily living. With its clean design, functional layout, and well-appointed finishes, the Poinsettia delivers a comfortable and connected lifestyle in Vero Lake Estates.

14. 2026-05-06
    listed $274,900 Active

    Show marketing remark (1846 chars)

    Pre-Construction. To Be Built. Discover the perfect blend of modern convenience and timeless design in the Poinsettia in Vero Lake Estates, where a thoughtfully planned layout creates a natural flow from the foyer into the main living areas. Two bedrooms are positioned at the front for added privacy, while the owner's suite is tucked away at the back, featuring a spacious walk-in closet and a private bath with a dual vanity and walk-in shower. The open-concept kitchen is both stylish and functional, complete with stainless steel appliances, Shaker cabinets, laminate countertops, and a convenient pantry. It connects seamlessly to the dining nook and great room, creating a bright and welcoming space for everyday living and gatherings. Flush mount LED lighting enhances the main living areas, while Deako light switches add a modern touch throughout. Step outside through the sliding glass doors to the 10x20 patio, an ideal setting for relaxing or entertaining while enjoying Florida's year-round sunshine. The home also includes a two-car garage, hurricane shutters, and gutters, adding both convenience and peace of mind. Built with the ZIP System sheathing, this home brings an added layer of durability and weather protection. Interior finishes include 17x17 ceramic tile flooring in the kitchen, bathrooms, and laundry area, with carpet in the bedrooms for added comfort. The primary suite continues the home's cohesive design, while the guest bathroom features a tub/shower combination. Brushed nickel hardware throughout adds a polished, contemporary feel. Additional features include a centrally located laundry room and smart home elements designed to simplify daily living. With its clean design, functional layout, and well-appointed finishes, the Poinsettia delivers a comfortable and connected lifestyle in Vero Lake Estates.

15. 2026-05-06
    listed $279,900 Active

    Show marketing remark (1846 chars)

    Pre-Construction. To Be Built. Discover the perfect blend of modern convenience and timeless design in the Poinsettia in Vero Lake Estates, where a thoughtfully planned layout creates a natural flow from the foyer into the main living areas. Two bedrooms are positioned at the front for added privacy, while the owner's suite is tucked away at the back, featuring a spacious walk-in closet and a private bath with a dual vanity and walk-in shower. The open-concept kitchen is both stylish and functional, complete with stainless steel appliances, Shaker cabinets, laminate countertops, and a convenient pantry. It connects seamlessly to the dining nook and great room, creating a bright and welcoming space for everyday living and gatherings. Flush mount LED lighting enhances the main living areas, while Deako light switches add a modern touch throughout. Step outside through the sliding glass doors to the 10x20 patio, an ideal setting for relaxing or entertaining while enjoying Florida's year-round sunshine. The home also includes a two-car garage, hurricane shutters, and gutters, adding both convenience and peace of mind. Built with the ZIP System sheathing, this home brings an added layer of durability and weather protection. Interior finishes include 17x17 ceramic tile flooring in the kitchen, bathrooms, and laundry area, with carpet in the bedrooms for added comfort. The primary suite continues the home's cohesive design, while the guest bathroom features a tub/shower combination. Brushed nickel hardware throughout adds a polished, contemporary feel. Additional features include a centrally located laundry room and smart home elements designed to simplify daily living. With its clean design, functional layout, and well-appointed finishes, the Poinsettia delivers a comfortable and connected lifestyle in Vero Lake Estates.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 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

Taxation est. · year 1

• Rental income: $29,025
• − Mortgage interest: −$17,114
• − Property taxes: −$4,583
• − Insurance: −$1,528
• − Repairs & maintenance: −$2,322
• − Management: −$2,322
• − Depreciation: −$8,888
• Taxable loss: −$7,731
• Est. tax savings @ 24.0%: +$1,856
• After-tax cash flow: $-552/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This home is in good condition with a modern kitchen and bathrooms, and a well-maintained exterior. It is ready for a fresh coat of paint and some minor interior updates to enhance its curb appeal and value.

Value-add opportunities

• Resale Paint exterior siding — Fresh paint can enhance curb appeal and property value.
• Rental Replace carpet in living room — New carpet can improve comfort and reduce maintenance costs.
• Both Clean and maintain HVAC system — A clean and functioning HVAC system ensures comfort and energy efficiency, benefiting both resale and rental value.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior siding — Fresh paint can enhance curb appeal and property value. ↑
• Rental Replace carpet in living room — New carpet can improve comfort and reduce maintenance costs. ↑
• Both Clean and maintain HVAC system — A clean and functioning HVAC system ensures comfort and energy efficiency, benefiting both resale and rental value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Vero Lake Estates

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Vero Lake Estates, FL
• County: Indian River County · 143,738 people
• Metro: Sebastian-Vero Beach, FL
• Population (ZIP): 27,240
• Household income: $78,058
• Rent vs Own: 19.9% rent · 80.1% own
• Severe rent burden: 674.0

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: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 60% Black 17% Two or more races 16% Hispanic / Latino 15%
• Hispanic origin (detail): Mexican 4% Puerto Rican 4% Cuban 2% Salvadoran 2%
• Common ancestry: Romanian 3% Hispanic 3% Lithuanian 3%
• Foreign-born: 10% · Canada, Jamaica
• Languages at home: 86% English-only · Spanish 9% French/Haitian/Cajun 3% Russian/Polish/Slavic 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: ▼ -91.34%
• Current HPI: 282.6156
• Rent YoY: ▼ -1.16%
• 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
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-0.7% since first listed

7 events — show timeline

• 2026-05-06 Price Changed $277,900 SCMLS
• 2026-05-06 Listed $279,900 Beaches MLS
• 2026-05-06 Listed $274,900 Beaches MLS
• 2026-05-06 Listed $274,900 SCMLS
• 2026-05-06 Listed $277,900 Beaches MLS
• 2026-05-06 Listed $279,900 SCMLS
• 2026-05-06 Listed $279,900 SCMLS