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

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520 Caroline Dr, Vero Beach, FL 32968

Active · SingleFamilyResidence

$1,099,000

520 Caroline Dr, Vero Beach, FL 32968

Beds
3
Baths
3
Living area
2,520 sq ft
$ / sq ft
$436/sq ft
Year built
2026
Lot size
17,860 sq ft
HOA fee
$330 Monthly
Annual tax
$1,543

About this property

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
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, Breakfast Area, Dining Area, Separate Formal Dining Room, Dual Sinks, Eat In Kitchen, First Floor Entry, Pantry, Vaulted Ceilings, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Lot size
17,860 sq ft
Architectural style
Contemporary Modern, Detached, One Story
Roof
Concrete
Construction
CBSConcrete Block Structure, Block
Exterior features
Awnings, Enclosed Porch, Security High Impact Doors, Lighting, Patio
Pool
In Ground, Pool, Screen Enclosure, Community
View
Water

Parking

Garage spaces
3
Covered spaces
3
Parking features
Attached, Covered, Driveway, Garage, Paver Block

HOA, Community & Financials

Association fee
$330 Monthly
Fee inclusions
Common Area Maintenance
Security
Gated Community
Pets allowed
Conditional, Cats Ok, Dogs Ok, Yes
Annual tax
$1,543
Subdivision
STONEY BROOK FARM
County
Indian River
Days on market
115
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

$493

Cap rate
6.2%
Net yield
6.2%
Cash-on-cash return
1.9%
Gross yield
8.3%
Mortgage payment
$5,210/mo
Down payment
$274,750
Loan amount
$824,250
Annual NOI
$68,430

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