28 Pine Arbor Lane 101, Vero Beach, FL 32962 — MLS photo

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28 Pine Arbor Lane 101, Vero Beach, FL 32962

Active · Condominium

$144,900

28 Pine Arbor Lane 101, Vero Beach, FL 32962

Beds
2
Baths
2
Living area
1,000 sq ft
$ / sq ft
$145/sq ft
Year built
1977
Lot size
—
HOA fee
$622 Monthly
Annual tax
$1,854

About this property

RETURNING SEASONAL TENANTS IN 2027 FOR IMMEDIATE $10,000 BUILT-IN INCOME! Desirable turnkey + highly sought-after 2 bed, 2 bath first-floor B-plan corner unit in prime location across from pool, clubhouse, tennis + shuffleboard! Thoughtfully remodeled interior features a spacious open plan w/ white kitchen + stainless appliances. This furnished unit radiates cozy charm, bathed in natural light + complemented by an enclosed porch nestled beneath majestic oak trees. Vibrant 55+ community brimming w/ activities to embrace a lifestyle that's equal parts relaxed + rewarding. Close to the beach!

Property location

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28 Pine Arbor Lane 101, Vero Beach, FL 32962

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,000 sq ft
Flooring
Carpet
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Tub Shower, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1977
Stories
1
Lot size
0 sq ft
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Enclosed Porch, Tennis Courts
Pool
None, Association, Community
View
Other, Water

Parking

Covered spaces
0
Parking features
Assigned, Open, One Space

HOA, Community & Financials

Association fee
$622 Monthly
Fee inclusions
Cable Tv, Insurance, Laundry, Recreation Facilities, Sewer, Trash, Water
Amenities
Billiard Room, Clubhouse, Fitness Center, Golf Course, Laundry, Pool, Putting Greens, Shuffleboard Court, Tennis Courts
Pets allowed
No
Annual tax
$1,854
Subdivision
VISTA ROYALE PHASE IV BLDG
County
Indian River
Days on market
174
MLS listing ID
B26021658
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

$415

Cap rate
9.1%
Net yield
9.1%
Cash-on-cash return
12.3%
Gross yield
18.2%
Mortgage payment
$687/mo
Down payment
$36,225
Loan amount
$108,675
Annual NOI
$13,220

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