5400 A1a Highway A2, Vero Beach, FL 32963 — MLS photo

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5400 A1a Highway A2, Vero Beach, FL 32963

Active · Condominium

$450,000

5400 A1a Highway A2, Vero Beach, FL 32963

Beds
2
Baths
2
Living area
1,200 sq ft
$ / sq ft
$375/sq ft
Year built
1972
Lot size
—
HOA fee
$577
Annual tax
—

About this property

OCEANFRONT! First floor direct oceanfront 2-bedroom 2 full baths condominium unit with panoramic ocean views absolutely unmatched proximity to the beach Located right in the heart of the warm, tropical town of Indian River Shores Newer impact windows and upgraded A/C. Del Mar is a 55+ active community that features resort-style amenities at the clubhouse: Swimming Pool, Tiki Lounge, Library, Community Events & More for social events and fun activities right outside your front door. This is one of the best units in Del Mar. Fully furnished and turnkey ready to move into Top quality construction Just Step out the door to the beach and the Atlantic Ocean

Property location

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5400 A1a Highway A2, Vero Beach, FL 32963

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,200 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$577
County
Indian River
MLS listing ID
R11045547
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$627

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.0%
Gross yield
9.1%
Mortgage payment
$2,133/mo
Down payment
$112,500
Loan amount
$337,500
Annual NOI
$18,074

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.