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538 Caribbean Cir

Vero Beach, FL 32962

3 bd 1 ba 1,100 sqft Built 1977 Lot 7,476 sqft single_family
Most recent sale
$172,000
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2022 Sold $172,000 Public Record
May 3, 2022 Sold $172,000 IndianRiverCounty
Feb 28, 2022 Listed $185,000 MLS #252362

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $163,014 $2,094
2024 $163,014 $1,833
2023 $131,658 $22,148 $153,806 $1,743
2022 $108,111 $1,799
2021 $98,283 $1,579
2020 $79,281 $10,067 $89,348 $1,444
2019 $40,589 $358
2018 $39,832 $345
2017 $39,013 $329
2016 $38,210 $312
2015 $37,950 $317
2014 $37,650 $287
2013 $37,100 $269
2012 $37,500 $270
2011 $37,890 $276
2010 $46,750 $417
2009 $48,570 $430
2008 $48,530 $413
2007 $47,120 $403

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,100 sqft
Lot size
7,476 sqft
ZIP code
32962
City
Vero Beach
Street
Caribbean Cir
Coordinates
27.59635, -80.38470

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,035
Gross rental yield
14.20%
Implied cap rate
9.23%
Trend-extrapolated value

Frequently asked questions

When did 538 Caribbean Cir last sell?
538 Caribbean Cir most recently sold on May 5, 2022 for $172,000.
What is the current tax assessment for 538 Caribbean Cir?
The most recent total assessment for 538 Caribbean Cir (year 2025) is $163,014 with $2,094 in property tax.
How does 538 Caribbean Cir's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $172,000.
When was 538 Caribbean Cir built?
538 Caribbean Cir was built in 1977.
How does 538 Caribbean Cir compare to others on Caribbean Cir?
We track 2 other properties on Caribbean Cir. Browse the list under "Other properties on Caribbean Cir" to compare beds, baths, and sale history.
What are the property facts for 538 Caribbean Cir?
538 Caribbean Cir is a 3 bed, 1 bath, 1,100 sqft, 7,476 sqft lot single_family.
Is 538 Caribbean Cir a flip candidate?
No — 538 Caribbean Cir does not appear in our flips dataset.
Is 538 Caribbean Cir a tax-appeal candidate?
No — 538 Caribbean Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.4%
2026 Q3
$252.3K
2026 Q4
$250.1K
ZIP 32962 — Median Price History + Forecast

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