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426 15th Ln SW
C Composite 59.17
Why this score? — see what drove the C 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 +20.9/30.0
  • ARV discount +13.0/15.0
  • DSCR +6.6/10.0
  • 1% rule +4.8/10.0
  • Schools +4.2/10.0
  • Livability +3.6/5.0
  • Rent growth +3.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$234,000

426 15th Ln SW · Florida Ridge, FL 32962
3 bd · 2.0 ba · 1,140 sqft · SingleFamily public records · 100 Days on market
Built 2002 Est $267k · 12% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

Key facts

  • Large driveway
  • Private backyard
  • Minutes from parks

Tags

PRIVATE BACKYARDLARGE DRIVEWAYNO HOAMINUTES FROM SHOPPINGMINUTES FROM DININGMINUTES FROM PARKS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $234k.

Deal economics

  • At list price, monthly cash flow is $323 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $229k (2.3% below list).
  • Recommended offer: $213k (9.0% below list) — sets the bar for market timing.
  • Cap rate 8.0% vs local median 4.5% in Florida Ridge — 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 72/100 on livability (#353 in FL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D, employment D, amenities 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.
  • Market conditions: Rents rising fast (+4.2%/yr); 348 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 41% 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 $2k of loan paydown is wiped out by about $7k 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 ($213k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 8y 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.

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 $212,940 (9.0% below list)

Questions for the listing agent

  1. It's been on market 100 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
0.98%
Cap rate
7.95%
Cash-on-cash
5.92%
DSCR
1.26
GRM
8.5

CMA / ARV

ARV (on-the-fly)
$266,760
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1625 2nd Ave SW 0.31mi 3/2.0 1,138 (-0%) 2mo $200,000 $176 83
204 14th St SW 0.35mi 3/2.0 1,132 (-1%) 1mo $265,000 $234 82
364 16th St SW 0.08mi 2/2.0 (-1) 1,196 (+5%) 4mo $242,000 $202 80
204 SW 14th St St SW #1 0.35mi 2/2.0 (-1) 1,132 (-1%) 1mo $265,000 $234 77
334 15th St SW 0.12mi 2/2.0 (-1) 1,240 (+9%) 2mo $250,000 $202 73
354 15th Ln SW 0.08mi 2/2.0 (-1) 1,036 (-9%) 4mo $255,000 $246 72
344 13th Pl SW 0.31mi 3/2.0 1,030 (-10%) 4mo $240,000 $233 66
1756 7th Ave SW 0.37mi 3/2.0 1,261 (+11%) 4mo $309,000 $245 62
219 15th Pl SW 0.26mi 2/2.0 (-1) 986 (-14%) 1mo $229,500 $233 59
2035 7th Ct SW 0.67mi 3/2.0 1,184 (+4%) 3mo $290,000 $245 59
2075 7th Ct SW 0.72mi 2/2.0 (-1) 1,100 (-4%) 2mo $265,000 $241 54
233 13th St SW 0.37mi 2/1.5 (-1) 1,008 (-12%) 4mo $190,000 $188 53

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 · 4.18% rent growth · sell at horizon

5-year hold
IRR
-5.9%
Equity multiple
0.78×
Total profit
$-14,626
Equity at exit
$34,890
10-year hold
IRR
5.0%
Equity multiple
1.38×
Total profit
$25,125
Equity at exit
$20,232

Cash invested: $65,520 (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.

ZIP-level market 32962

Rents YoY
4.2%
Active inventory
348
Price-to-rent
8.5×

Monthly cashflow live

Estimated rent
$2,285 high interval (Pro) →
Mortgage (P&I)
$1,227
Tax from tax record
$157 /mo · $1,886/yr
Insurance
$98
HOA
$0
Vacancy / Maint / Mgmt
$480
Net cashflow
$323

Break-even live

Break-even rent $1,876
Max offer price $234,000
Occupancy floor 81%

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
$58,500
Closing costs
$7,020
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 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
655 W Lake Jasmine Cir #207 Vero Beach, FL 2.0 2.0 1213 $1,850 $1.53 13d 1 0.82mi
23 Highland Dr SW Vero Beach, FL 4.0 3.0 1263 $2,950 $2.34 21d 1 0.83mi
670 E Lake Jasmine Cir #106 Vero Beach, FL 2.0 2.0 1414 $2,750 $1.94 21d 1 0.89mi
740 Lake Orchid Cir #109 Vero Beach, FL 2.0 2.0 1200 $2,000 $1.67 21d 1 0.91mi
720 Lake Orchid Cir #203 Vero Beach, FL 2.0 2.0 1414 $1,500 $1.06 21d 1 0.91mi
721 Timber Ridge Trl SW Unit D Vero Beach, FL 2.0 2.0 1368 $2,300 $1.68 21d 1 1.12mi
650 N Center Ct SW Unit 102 Vero Beach, FL 3.0 2.0 1440 $2,100 $1.46 21d 1 1.13mi
2450 8th Ave SW Vero Beach, FL 3.0 2.0 1388 $2,100 $1.51 21d 1 1.20mi
710 Timber Ridge Trl SW Vero Beach, FL 3.0 2.0 1498 $2,500 $1.67 21d 1 1.23mi
985 23rd Pl SW Vero Beach, FL 3.0 2.0 1176 $2,200 $1.87 21d 1 1.24mi
16 Vista Palm Ln Vero Beach, FL 1.0–2.0 1.5–2.0 800 $1,700 $2.12 21d 2 1.29mi
2066 5th Ct SE Vero Beach, FL 2.0 2.0 1415 $3,850 $2.72 21d 1 1.31mi
734 5th Pl SW Vero Beach, FL 3.0 1.0 1402 $1,800 $1.28 21d 1 1.33mi

Listing history 32 events

  1. 2026-04-17
    soldstatus $229,000
  2. 2026-04-16
    soldstatus $229,000 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  3. 2026-04-16
    soldstatus $229,000 Closed 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  4. 2026-04-16
    listed $229,000 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  5. 2026-03-21
    status Pending
  6. 2026-03-20
    status Pending 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  7. 2026-03-04
    historical Active Under Contract 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  8. 2026-02-17
    price $234,000
  9. 2026-02-11
    price $234,000 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  10. 2026-02-03
    price $239,000 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  11. 2026-01-23
    price $244,900 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  12. 2026-01-22
    price $244,900
  13. 2025-12-27
    status Active 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  14. 2025-12-17
    historical Active Under Contract 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  15. 2025-12-11
    listed $249,900 Active 1002-char remark
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  16. 2025-12-11
    listed $249,900 Active
    Show marketing remark (1002 chars)

    Discover comfort, charm, and Florida living at its best in this beautifully maintained home located in a quiet Vero Beach neighborhood. This spacious residence offers an inviting split floor plan with abundant natural light and a seamless flow throughout. Enjoy a bright and airy living area, a well-appointed kitchen with ample cabinetry, and generously sized bedrooms for added privacy and comfort. Step outside to your private backyard retreat—perfect for relaxing, entertaining, or creating the outdoor space of your dreams. With plenty of room for a garden, play area, or additional enhancements, the possibilities are endless. The home also offers a large driveway, and NO HOA, giving you the freedom to bring your toys, pets, or boat. Located just minutes from shopping, dining, parks, and Vero's beautiful beaches, this property offers both convenience and coastal charm. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this home checks all the boxes.

  17. 2018-10-26
    soldstatus $136,000 Closed
  18. 2018-10-26
    soldstatus $136,000
  19. 2018-09-21
    status Pending
  20. 2018-09-10
    status Active
  21. 2018-09-10
    historical
  22. 2018-09-05
    price $136,500
  23. 2018-08-29
    status Active
  24. 2018-08-10
    status Pending
  25. 2018-07-16
    price $139,000
  26. 2018-07-07
    price $142,000
  27. 2018-07-07
    status Active
  28. 2018-04-09
    historical
  29. 2018-03-24
    status Active
  30. 2018-03-21
    status Pending
  31. 2018-03-13
    listed $121,900 Active
  32. 2014-06-02
    soldstatus $57,774

ⓘ 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
$1,886 · $157/mo
Projected year-2 tax
$1,942 · $162/mo
Expected delta
+$56/yr (+$5/mo · 3.0%)

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

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
  • 🔥 Wildfire 3/10 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$27,420
− Mortgage interest
−$13,108
− Property taxes
−$1,886
− Insurance
−$1,170
− Repairs & maintenance
−$2,194
− Management
−$2,194
− Depreciation
−$6,807
Taxable income
$62
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$15
After-tax cash flow
$3,866/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

Price history

+296.4% since first listed
32 events — show timeline
  • 2026-04-17 Sold (Public Records) $229,000 Public Records
  • 2026-04-16 Listed $229,000 Stellar MLS as Distributed by MLS Grid
  • 2026-04-16 Sold (MLS) $229,000 Beaches MLS
  • 2026-04-16 Sold (MLS) $229,000 Stellar MLS as Distributed by MLS Grid
  • 2026-03-21 Pending RAIRCMLS
  • 2026-03-20 Pending Beaches MLS
  • 2026-03-04 Contingent Beaches MLS
  • 2026-02-17 Price Changed $234,000 RAIRCMLS
  • 2026-02-11 Price Changed $234,000 Beaches MLS
  • 2026-02-03 Price Changed $239,000 Beaches MLS
  • 2026-01-23 Price Changed $244,900 Beaches MLS
  • 2026-01-22 Price Changed $244,900 RAIRCMLS
  • 2025-12-27 Relisted Beaches MLS
  • 2025-12-17 Contingent Beaches MLS
  • 2025-12-11 Listed $249,900 RAIRCMLS
  • 2025-12-11 Listed $249,900 Beaches MLS
  • 2018-10-26 Sold (Public Records) $136,000 Public Records
  • 2018-10-26 Sold (MLS) $136,000 Beaches MLS
  • 2018-09-21 Pending Beaches MLS
  • 2018-09-10 Relisted Beaches MLS
  • 2018-09-10 Listing Removed Beaches MLS
  • 2018-09-05 Price Changed $136,500 Beaches MLS
  • 2018-08-29 Relisted Beaches MLS
  • 2018-08-10 Pending Beaches MLS
  • 2018-07-16 Price Changed $139,000 Beaches MLS
  • 2018-07-07 Price Changed $142,000 Beaches MLS
  • 2018-07-07 Relisted Beaches MLS
  • 2018-04-09 Listing Removed Beaches MLS
  • 2018-03-24 Relisted Beaches MLS
  • 2018-03-21 Pending Beaches MLS
  • 2018-03-13 Listed $121,900 Beaches MLS
  • 2014-06-02 Sold (MLS) $57,774 RAIRCMLS

Property tax history

+5.3%/yr

Latest (2025): $1,886 · +16.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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