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575 Tropic Ln

Vero Beach, FL 32960

2 bd 3 ba 1,170 sqft Built 1981 condo_townhome_rowhome_coop
Most recent sale
$238,500
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $238,500 Public Record
Jul 13, 2022 Listed $238,500 MLS #257686
Apr 24, 2017 Sold $110,000 Public Record
Mar 17, 2017 Listed $114,900 MLS #184029

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $189,306 $189,306 $2,416
2024 $189,306 $189,306 $2,227
2023 $189,306 $189,306 $2,199
2021 $108,678 $108,678 $1,681
2020 $107,041 $1,685
2019 $97,310 $97,310 $1,571
2018 $95,628 $95,628 $1,562
2017 $95,628 $95,628 $1,423
2016 $79,690 $79,690 $1,261
2015 $63,750 $63,750 $1,133
2014 $58,010 $1,009
2013 $58,010 $1,005
2012 $58,010 $987
2011 $65,750 $1,111
2010 $65,750 $1,113
2009 $73,480 $1,188
2008 $112,160 $1,703

Property facts

Year built
1981
Property type
condo_townhome_rowhome_coop
Stories
2
Beds
2
Baths
3
Living area
1,170 sqft
Lot size
ZIP code
32960
City
Vero Beach
Street
Tropic Ln
Coordinates
27.61893, -80.38466

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
$2,165
Gross rental yield
10.89%
Implied cap rate
7.08%
Trend-extrapolated value

Frequently asked questions

When did 575 Tropic Ln last sell?
575 Tropic Ln most recently sold on Sep 14, 2022 for $238,500.
What is the current tax assessment for 575 Tropic Ln?
The most recent total assessment for 575 Tropic Ln (year 2025) is $189,306 with $2,416 in property tax.
How does 575 Tropic Ln's assessment compare to its last sale price?
The current assessment is 20.6% below the last sale price of $238,500.
When was 575 Tropic Ln built?
575 Tropic Ln was built in 1981.
How does 575 Tropic Ln compare to others on Tropic Ln?
We track 8 other properties on Tropic Ln. Browse the list under "Other properties on Tropic Ln" to compare beds, baths, and sale history.
What are the property facts for 575 Tropic Ln?
575 Tropic Ln is a 2 bed, 3 bath, 1,170 sqft condo_townhome_rowhome_coop.
Is 575 Tropic Ln a flip candidate?
No — 575 Tropic Ln does not appear in our flips dataset.
Is 575 Tropic Ln a tax-appeal candidate?
No — 575 Tropic Ln 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
-5.2%
Implied 1-yr
-20.6%
2026 Q3
$309.1K
2026 Q4
$309.1K
ZIP 32960 — Median Price History + Forecast

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