520 Caroline Dr, Vero Beach, FL 32968

SingleFamilyResidence · Active

$1,099,000

520 Caroline Dr, Vero Beach, FL 32968 — MLS photo

Miami Foreclosures & Bank-Owned Properties

520 Caroline Dr, Vero Beach, FL 32968

Bedrooms
3
Bathrooms
3
Interior
2,520 sq ft
Price / sq ft
$436/sq ft
Built
2026
Lot
17,860 sq ft

The residence

NEW CONSTRUCTION — COMPLETE AND READY TO MOVE IN. Never-lived-in 3 bed / 3 bath lakefront home with den/office on a 17,860 SF lot in gated Stoney Brook Farm, beside the Vero Beach polo fields and 15 minutes from the Atlantic. 2,520 SF under air / 3,659 SF total under roof. Built for the way Florida is meant to be lived: a private cocktail pool and full outdoor kitchen overlook the water, made for sunset evenings and easy entertaining. Inside, Italian tile, tray and vaulted ceilings, and a chef's kitchen with Calacatta quartz and a dedicated wine/coffee bar. The owner's suite and guest rooms include walk-in closets, and a custom laundry/pantry suite adds rare storage. 3-car garage and paver driveway. Gated community with clubhouse, pool, tennis court, low HOA, minutes from shopping, dining, beaches, and Vero Beach Regional Airport. Ask about builder incentives.

Property location

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520 Caroline Dr, Vero Beach, FL 32968

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,520 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Lot size
17,860 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$330
County
Indian River
MLS listing ID
A12050625
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

-$1,119

Cap rate
4.5%
Net yield
4.5%
Cash-on-cash return
-4.4%
Gross yield
8.3%
Mortgage payment
$5,210/mo
Down payment
$274,750
Loan amount
$824,250
Annual NOI
$49,092

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

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520 Caroline Dr, Vero Beach, FL 32968