58 Woodland Dr #102 · Florida Ridge, FL 32962

$119,000

2 bd · 2.0 ba · 1,000 sqft · Condo public records · 100 Days on market

Built 1978 $664/mo HOA · 38% of rent

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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).

• 1% rule +9.6/10.0
• Cash flow +9.3/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• Livability +3.6/5.0
• Rent growth +3.5/5.0
• DSCR +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2/2 condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Large bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

Key facts

• Major updates
• Assigned parking
• Private courtyard

Tags

• PRIVATE COURTYARD
• COVERED SCREENED PATIO
• ASSIGNED PARKING
• LARGE STORAGE CLOSETS
• MAJOR UPDATES
• COMMUNITY POOLS

Property features AI

Finance

• Other: No land lease
• HOA & community: Monthly HOA fee of $664 covering common areas; Community amenities include clubhouse, golf course, pool, shuffleboard court, bocce ball; Pets allowed with size limit

Exterior

• Parking: Guest parking
• Security: Other security features
• Utilities: Public water; Public sewer; Cable available
• Home design: Condominium; Resale property; East-facing; 4-story building; Entry level: 1
• Construction: Block and brick construction; Slate roof
• Exterior features: First-floor entry; Not waterfront; Building total area recorded in public records

Interior

• Kitchen: Electric range; Dishwasher; Microwave; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Built-in features
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $119k.

Deal economics

• At list price, monthly cash flow is $-154 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $92k (22.8% below list).
• Meets the 1% rule at list price ($2k rent vs $119k).
• Recommended offer: $92k (22.8% below list) — sets the bar for cash-flow.
• Cap rate 5.4% vs local median 4.5% in Florida Ridge — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 72/100 on livability (#353 in FL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D, amenities F, health & safety D-.
• 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: Vero Beach Elementary School (math 39% / reading 36%, grade F, #1,596 of 2,144 statewide, top 75%, 599 students, 80% FRL); Oslo Middle School (math 39% / reading 45%, grade D-, #340 of 571 statewide, top 61%, 864 students, 72% FRL); Vero Beach High School (math 28% / reading 43%, grade F, #367 of 667 statewide, top 57%, 2,847 students, 50% FRL).
• Market conditions: Rents rising fast (+4.2%/yr); 348 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 564 units permitted in Indian River County in 2024 (281 in 5+ unit buildings).
• This rent runs 31% of the median local income ($67k/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 $823 of loan paydown is wiped out by about $4k 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 100 days — a 9% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 19y ago; this cycle's ask has dropped $41k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; HOA is 38% of rent.
• Climate carrying-cost: severe 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.

Recommended offer $91,824 (22.8% 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 100 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. 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?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
10. 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?
11. 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.
12. 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.
13. 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: 1.46% ✓
• Cap rate: 5.41%
• Cash-on-cash: -3.15%
• DSCR: 0.86
• GRM: 5.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.18% rent growth · sell at horizon

5-year hold

• IRR: -22.6%
• Equity multiple: 0.20×
• Total profit: $-26,526
• Equity at exit: $17,743

10-year hold

• IRR: -11.2%
• Equity multiple: 0.25×
• Total profit: $-25,041
• Equity at exit: $10,289

Cash invested: $33,320 (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 32962

• Rents YoY: 4.2%
• Active inventory: 348
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,743 high
• Mortgage (P&I): −$624
• Tax from tax record: −$127 /mo · $1,519/yr
• Insurance: −$50
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$664
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $-154

Break-even live

Break-even rent $1,938

Max offer price $91,824

Occupancy floor —

Sensitivity live

Price	-10% $-86	-5% $-120	+0% $-154	+5% $-188	+10% $-221
Rent	-10% $-292	-5% $-223	+0% $-154	+5% $-85	+10% $-16
Rate	-1.0pp $-94	-0.5pp $-124	base $-154	+0.5pp $-185	+1.0pp $-216

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: $29,750
• Closing costs: $3,570
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
58 Woodland Dr #206 Vero Beach, FL	2.0	2.0	1000	$1,800	$1.80	14d	1	0.04mi
65 Woodland Dr #207 Vero Beach, FL	2.0	2.0	1000	$1,600	$1.60	22d	1	0.12mi
86 Crooked Tree Ln #102 Vero Beach, FL	2.0	2.0	1000	$2,000	$2.00	14d	1	0.12mi
85 Crooked Tree Ln #203 Vero Beach, FL	1.0	1.5	750	$1,450	$1.93	22d	1	0.15mi
80 Crooked Tree Ln #106 Vero Beach, FL	2.0	2.0	1000	$1,900	$1.90	14d	1	0.19mi
50 Woodland Dr #203 Vero Beach, FL	1.0	1.5	750	$1,350	$1.80	14d	1	0.23mi
103 Royal Oak Dr #106 Vero Beach, FL	2.0	2.0	1000	$1,800	$1.80	14d	1	0.28mi
95 Spring Lake Dr #103 Vero Beach, FL	1.0	1.5	750	$1,600	$2.13	22d	1	0.29mi
5 Vista Palm Ln #203 Vero Beach, FL	1.0	1.5	750	$1,500	$2.00	14d	1	0.31mi
102 Royal Oak Dr #105 Vero Beach, FL	1.0	1.5	750	$1,550	$2.07	22d	1	0.32mi
37 Pine Arbor Ln #101 Vero Beach, FL	2.0	2.0	1000	$1,600	$1.60	14d	1	0.34mi
36 Pine Arbor Ln Vero Beach, FL	2.0	2.0	1000	$1,550	$1.55	22d	2	0.36mi
28 Pine Arbor Ln #103 Vero Beach, FL	1.0	1.5	750	$1,200	$1.60	22d	1	0.49mi
16 Vista Palm Ln Vero Beach, FL	1.0–2.0	1.5–2.0	800	$1,700	$2.12	22d	2	0.52mi
19 Pine Arbor Ln #105 Vero Beach, FL	1.0	1.5	750	$1,800	$2.40	22d	1	0.53mi
161 6th Ct SW Vero Beach, FL	2.0	1.0	1298	$1,590	$1.22	14d	1	0.54mi
355 6th Rd SW Vero Beach, FL	3.0	1.0	880	$1,800	$2.05	22d	1	0.61mi
43 Vista Gardens Trl #205 Vero Beach, FL	1.0	1.5	750	$1,450	$1.93	22d	1	0.71mi
23 Vista Gardens Trl #203 Vero Beach, FL	1.0	1.5	750	$1,500	$2.00	22d	1	0.76mi
734 5th Pl SW Vero Beach, FL	3.0	1.0	1402	$1,800	$1.28	22d	1	0.81mi
710 Timber Ridge Trl SW Vero Beach, FL	3.0	2.0	1498	$2,500	$1.67	22d	1	0.84mi
26 Vista Gardens Trl #203 Vero Beach, FL	1.0	1.5	750	$1,350	$1.80	22d	1	0.85mi
36 Vista Gardens Trl #201 Vero Beach, FL	2.0	2.0	1000	$1,390	$1.39	22d	1	0.86mi
34 Vista Gardens Trl #107 Vero Beach, FL	2.0	2.0	1000	$1,350	$1.35	22d	1	0.87mi
35 Vista Gardens Trl #205 Vero Beach, FL	1.0	1.5	934	$1,400	$1.50	22d	1	0.88mi
650 N Center Ct SW Unit 102 Vero Beach, FL	3.0	2.0	1440	$2,100	$1.46	22d	1	0.89mi
28 Vista Gardens Trl #102 Vero Beach, FL	2.0	2.0	1000	$1,550	$1.55	22d	1	0.90mi
11 Vista Gardens Trl #106 Vero Beach, FL	2.0	2.0	1000	$1,600	$1.60	22d	1	0.90mi
4 Vista Gardens Trl #207 Vero Beach, FL	2.0	2.0	1000	$1,550	$1.55	14d	1	0.90mi
528 7th Sq #102 Vero Beach, FL	2.0	2.0	1095	$3,000	$2.74	22d	1	1.00mi
721 Timber Ridge Trl SW Unit D Vero Beach, FL	2.0	2.0	1368	$2,300	$1.68	22d	1	1.02mi
855 6th Ave Vero Beach, FL	2.0	2.0	1194	$1,950	$1.63	14d	1	1.22mi
340 E Waverly Pl Unit 6D Vero Beach, FL	1.0	1.5	1200	$1,000	$0.83	22d	1	1.28mi
400 E Waverly Pl Unit 2b Vero Beach, FL	2.0	2.5	1170	$1,900	$1.62	22d	1	1.28mi
1041 Normandie Way Vero Beach, FL	2.0	2.0	1178	$2,100	$1.78	14d	1	1.39mi
263 Provence Pl Vero Beach, FL	2.0	2.5	1364	$3,500	$2.57	22d	1	1.45mi
1166 6th Ave Unit D Vero Beach, FL	2.0	2.0	1140	$2,000	$1.75	22d	1	1.48mi
1166 6th Ave Vero Beach, FL	2.0	2.0	1140	$2,200	$1.93	14d	1	1.48mi
1135 3rd Ave #101 Vero Beach, FL	2.0	2.0	906	$1,800	$1.99	22d	1	1.49mi

HOA detail condo

• Monthly dues: $664 · $7,968/yr
• Likely covers: poolparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 48 events

1. 2026-06-19
   days on market $119,000 Active 100 DOM
2. 2026-06-18
   days on market $119,000 Active 99 DOM
3. 2026-06-17
   days on market $119,000 Active 98 DOM
4. 2026-06-16
   days on market $119,000 Active 97 DOM
5. 2026-06-15
   days on market $119,000 Active 96 DOM
6. 2026-06-14
   days on market $119,000 Active 94 DOM
7. 2026-06-13
   days on market $119,000 Active 93 DOM
8. 2026-06-10
   days on market $119,000 Active 91 DOM
9. 2026-06-09
   days on market $119,000 Active 90 DOM
10. 2026-06-08
    days on market $119,000 Active 89 DOM
11. 2026-06-07
    days on market $119,000 Active 88 DOM
12. 2026-06-05
    days on market $119,000 Active 85 DOM
13. 2026-06-02
    days on market $119,000 Active 83 DOM
14. 2026-06-01
    days on market $119,000 Active 82 DOM
15. 2026-05-31
    days on market $119,000 Active 81 DOM
16. 2026-05-30
    days on market $119,000 Active 80 DOM
17. 2026-04-13
    price $119,000
18. 2026-03-31
    price $125,000
19. 2026-03-28
    price $139,000
20. 2026-03-28
    price $119,000
21. 2026-03-18
    price $139,000
22. 2026-03-05
    listed $160,000 Active
23. 2022-07-20
    soldstatus $169,000 Closed 779-char remark

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

24. 2022-07-20
    soldstatus $169,000 Closed 793-char remark

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

25. 2022-07-20
    soldstatus $169,000 Closed

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

26. 2022-07-20
    soldstatus $169,000

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

27. 2022-07-12
    status Pending

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

28. 2022-07-12
    status Pending 793-char remark

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

29. 2022-06-18
    status Pending 779-char remark

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

30. 2022-06-18
    historical Backups 793-char remark

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

31. 2022-06-18
    historical Active Under Contract

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

32. 2022-06-07
    price $169,000 779-char remark

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

33. 2022-06-07
    price $169,900 793-char remark

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

34. 2022-06-07
    price $169,900

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

35. 2022-05-12
    listed $180,000 Active 779-char remark

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

36. 2022-05-12
    listed $180,000 Active 793-char remark

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

37. 2022-05-12
    listed $180,000 Active

    Show marketing remark (793 chars)

    SOLD! MUST SEE VIDEO! First Story A-Floorplan, 2 bedrm, 2 bathrm condo in 55+ Active Comm of VISTA ROYALE. MUST SEE VIDEO w aerials of comm. FURNISHED-TURNKEY. Move right in! CourtYard end-unit w/ scenic views of mature oaks n Spnsh Moss. Trees by cov'd scrnd patio w/ shade/breezes = cool unit. Freshly painted interior. Coastal cottage inspired condo showcases hues of sandy tans and crisp whites. Inviting Lrg bedrooms carpeted each with Porch access. Tile flooring on diagonal in living areas and hallway. Assigned parking very convenient. 2 Lg Storage Closets. 2015/16 Upgrades: HVAC, WHtr, stove, toilet in Main bathroom. NOTE: extra kitchen cab base is removable. RESORT STYLE LIVING: Walk to 1 of 4 clubhouses, 4 comm pools, plus tennis, bocce, shuffle, AND Art, Sewing, n Wood Rooms.

38. 2017-01-18
    soldstatus $64,000
39. 2015-06-08
    soldstatus $57,500
40. 2015-05-29
    soldstatus $57,500
41. 2013-04-08
    listed $56,900
42. 2013-04-08
    listed $57,000
43. 2012-12-04
    listed $59,000
44. 2008-02-19
    soldstatus $50,000
45. 2008-02-08
    historical
46. 2007-10-14
    listed $65,000
47. 2001-09-28
    soldstatus $48,000
48. 1978-10-01
    soldstatus $37,600

ⓘ 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: $1,519 · $127/mo
• Projected year-2 tax: $1,519 · $127/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°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

Taxation est. · year 1

• Rental income: $20,914
• − Mortgage interest: −$6,666
• − Property taxes: −$1,519
• − Insurance: −$1,392
• − Repairs & maintenance: −$1,673
• − Management: −$1,673
• − HOA: −$7,968
• − Depreciation: −$3,462
• Taxable loss: −$3,439
• Est. tax savings @ 24.0%: +$825
• After-tax cash flow: $-1,021/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 — Florida Ridge

• Score: 72/100
• State rank: #353
• US rank: #6129

Category grades

Amenities F Commute A+ Cost of living A+ Crime C+ Employment D Housing A+ Health & safety D- User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Florida Ridge, FL
• County: Indian River County · 143,738 people
• City population: 25,629
• Metro: Sebastian-Vero Beach, FL
• Population (ZIP): 25,522
• Household income: $66,664
• Rent vs Own: 20.3% rent · 79.7% own
• Severe rent burden: 425.0

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 (70%)
• Race & ethnicity: White 70% Black 13% Hispanic / Latino 12% Two or more races 5% Native American 1%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2% Cuban 1%
• Common ancestry: Romanian 4% Lithuanian 4% Italian 3%
• Foreign-born: 12% · Canada, Jamaica, Dominican Republic
• Languages at home: 85% English-only · Spanish 9% Other Indo-European 2% French/Haitian/Cajun 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: ▼ -182.13%
• Current HPI: 333.3274
• Rent YoY: ▲ 4.18%
• 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

+216.5% since first listed

32 events — show timeline

• 2026-04-13 Price Changed $119,000 Beaches MLS
• 2026-03-31 Price Changed $125,000 Beaches MLS
• 2026-03-28 Price Changed $139,000 Beaches MLS
• 2026-03-28 Price Changed $119,000 Beaches MLS
• 2026-03-18 Price Changed $139,000 Beaches MLS
• 2026-03-05 Listed $160,000 Beaches MLS
• 2022-07-20 Sold (Public Records) $169,000 Public Records
• 2022-07-20 Sold (MLS) $169,000 RAIRCMLS
• 2022-07-20 Sold (MLS) $169,000 SCMLS
• 2022-07-20 Sold (MLS) $169,000 Beaches MLS
• 2022-07-12 Pending — RAIRCMLS
• 2022-07-12 Pending — SCMLS
• 2022-06-18 Pending — Beaches MLS
• 2022-06-18 Contingent — SCMLS
• 2022-06-18 Contingent — RAIRCMLS
• 2022-06-07 Price Changed $169,000 Beaches MLS
• 2022-06-07 Price Changed $169,900 SCMLS
• 2022-06-07 Price Changed $169,900 RAIRCMLS
• 2022-05-12 Listed $180,000 RAIRCMLS
• 2022-05-12 Listed $180,000 SCMLS
• 2022-05-12 Listed $180,000 Beaches MLS
• 2017-01-18 Sold (Public Records) $64,000 Public Records
• 2015-06-08 Sold (Public Records) $57,500 Public Records
• 2015-05-29 Sold (MLS) $57,500 RAIRCMLS
• 2013-04-08 Listed $57,000 RAIRCMLS
• 2013-04-08 Listed $56,900 RAIRCMLS
• 2012-12-04 Listed $59,000 RAIRCMLS
• 2008-02-19 Sold (MLS) $50,000 Beaches MLS
• 2008-02-08 Listing Removed — Beaches MLS
• 2007-10-14 Listed $65,000 Beaches MLS
• 2001-09-28 Sold (Public Records) $48,000 Public Records
• 1978-10-01 Sold (Public Records) $37,600 Public Records

Property tax history

+6.6%/yr

Latest (2025): $1,519 · +0.6% YoY. Source: county tax records.