5585 40th Avenue, Vero Beach, FL 32967 — MLS photo

Active · SingleFamilyResidence

$419,000

5585 40th Avenue, Vero Beach, FL 32967

Beds: 3
Baths: 2
Living area: 1,810 sq ft
$ / sq ft: $231/sq ft
Year built: 2017
Lot size: 8,712 sq ft
HOA fee: $283 Monthly
Annual tax: $6,122

About this property

This 3-bedroom, 2-bath single-family home in Verolago Phase 4 offers 1,810 square feet of comfortable living space on one level. The open floor plan is well-suited to modern living, with a well-appointed living room that serves as the heart of the home. A two-car garage provides secure parking and storage, while the single-story design eliminates stairs and simplifies maintenance. Located in the Vero Beach community, this residence delivers solid value and practical comfort for buyers seeking a straightforward, move-in-ready home.

Property location

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5585 40th Avenue, Vero Beach, FL 32967

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Living area: 1,810 sq ft
Flooring: Tile
Appliances: Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Self Cleaning Oven, Water Softener, Washer
Cooling: Central Air, Ceiling Fans
Heating: Central
Interior features: Bathtub, Dual Sinks, High Ceilings, Kitchen Island, Split Bedrooms, Shower Only, Walk In Closets, Pantry
Furnished: Unfurnished

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 2017
Stories: 1
Lot size: 8,712 sq ft
Architectural style: Ranch, One Story
Roof: Tile
Construction: CBSConcrete Block Structure, Block, Stucco
Exterior features: Enclosed Porch, Lighting, Patio
Pool: None, Association, Community

Parking

Garage spaces: 2
Covered spaces: 2
Parking features: Attached, Driveway, Garage, Paver Block, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee: $283 Monthly
Fee inclusions: Common Area Maintenance, Recreation Facilities, Reserve Fund, Security
Association: Beacon Management an
Association contact: 772-269-7106
Amenities: Clubhouse, Fitness Center, Pool, Tennis Courts
Security: Closed Circuit Cameras
Pets allowed: No
Annual tax: $6,122
Subdivision: VEROLAGO PHASE 4
County: Indian River
Days on market: 203
MLS listing ID: B26010306
Listing status: Active

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

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Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

$945

Cap rate: 8.4%
Net yield: 8.4%
Cash-on-cash return: 9.7%
Gross yield: 12.6%
Mortgage payment: $1,986/mo
Down payment: $104,750
Loan amount: $314,250
Annual NOI: $35,177

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