290 Bermuda Bay Lane, Vero Beach, FL 32963 — MLS photo

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290 Bermuda Bay Lane, Vero Beach, FL 32963

Active · SingleFamilyResidence

$8,995,000

290 Bermuda Bay Lane, Vero Beach, FL 32963

Beds
4
Baths
5
Living area
4,704 sq ft
$ / sq ft
$1,912/sq ft
Year built
1994
Lot size
42,689 sq ft
HOA fee
$1,150
Annual tax
—

About this property

Oceanfront Elegance in coveted Bermuda Bay! Rare opportunity in guard-gated enclave just minutes from the island's best boutiques & dining. Enjoy total privacy on nearly an acre at end of quiet cul-de-sac. This Peter Moor designed estate offers direct beach access & stunning views. Built by Croom Construction, the home features a spacious great room, 4 ensuite bedrooms, custom library/office, chef's kitchen w/ adjoining family room, and lower-level media space with kitchenette & full bath--ideal for entertaining or overflow guests. Sizes are approx/subj to error.

Property location

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290 Bermuda Bay Lane, Vero Beach, FL 32963

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
4,704 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1994
Lot size
42,689 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,150
County
Indian River
MLS listing ID
R11169464
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

-$33,397

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
4.4%
Mortgage payment
$42,641/mo
Down payment
$2,248,750
Loan amount
$6,746,250
Annual NOI
$110,922

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