Interior
- Bedrooms
- 3
- Bathrooms
- 4
- Living area
- 3,673 sq ft
Active · SingleFamilyResidence
$1,900,000
1209 Islander Way, Indian River Shores, FL 32963
- Beds
- 3
- Baths
- 4
- Living area
- 3,673 sq ft
- $ / sq ft
- $517/sq ft
- Year built
- 2007
- Lot size
- 13,504 sq ft
- HOA fee
- $856
- Annual tax
- —
About this property
Experience refined coastal living in this beautifully updated 3-bed, 3.5-bath lakefront residence in the prestigious River Club of Indian River Shores. Freshly painted inside and out, & whole house generator, this elegant retreat showcases stunning water views, a private pool, and a summer kitchen for effortless entertaining. Serene island setting, and access to world-class beaches and Vero's finest amenities—an exceptional blend of privacy, sophistication, comfort, and tranquility. Community boat dock, tennis court, 2 swimming pools, jacuzzi two community clubhouses, and a fitness center.
Property location
Get Directions1209 Islander Way, Indian River Shores, FL 32963
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 2007
- Lot size
- 13,504 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $856
- County
- Indian River
- MLS listing ID
- R11137905
- 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
-$3,327
- Cap rate
- 3.6%
- Net yield
- 3.6%
- Cash-on-cash return
- -7.5%
- Gross yield
- 7.5%
- Mortgage payment
- $9,007/mo
- Down payment
- $475,000
- Loan amount
- $1,425,000
- Annual NOI
- $68,157
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.