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    7625 Polo Square Vero Beach, FL 32968

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    Claim this Listing
    For Sale
    $1,549,000

    LAND - Vero Beach, FL

    Lot size:
    8.55 Acres
    Added:
    Jan 18, 2025
    Days on Market:
    474
    Last Refresh:
    May 7 at 4:06 am

    Property Features for 7625 Polo Square

    General Information

    Property type
    Land
    Property subtype
    Other
    Fencing
    Fenced
    Standard status
    Active
    APN
    64222
    Lot size
    8.55 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    TEN SQUARE FARMS (A OF E) OR 1578/1467 LOT 6 A PARC OF LAND LYING SEC 13 TWN 33. See Additional Legal on Tax Roll
    Tax Annual Amount
    2794

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Additional Structures
    Barn(s)

    We can help!

    Listing Contact
    Carolyn Todd

    Listing agent Carolyn Todd License #3601352

    Listing office Engel & Volkers Stuart 600 SE Ocean Blvd, Stuart, FL

    Listing date Jan 18, 2025

    MLS# M20048418 Listing URL

    Copyright © 2026 Martin County REALTORS® of the Treasure Coast, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Discover this 8.55‑acre equestrian property, nestled in a private corner of Ten Square Farms, Vero Beach.
    • Boasting two concrete block barns, enjoy features like vaulted ceilings, chandeliers, rubber pavers, stall skins, and European stall fronts.
    • The property includes four large pastures, two storage sheds, and two wash areas.
    • Benefit from a pole barn with four stalls, feed/tack area, waterers, fans, and run‑ins with three paddocks.
    • Located within Ten Square Farms/Polo Square, a community of just 10 lots.
    • Enjoy access to a center 20‑acre polo field and a 1‑mile riding trail.

    Overview

    Equestrian Property in Vero Beach

    This 8.55-acre equestrian property is located in a private corner of Ten Square Farms in Vero Beach. The property features two concrete block barns, one with a decorative stone front and cupola. Both barns are appointed with vaulted ceilings, chandeliers, rubber pavers, stall skins, and European stall fronts. Four large pastures are available for the two barns, as well as two storage sheds for feed and shavings and two wash areas. A pole barn includes four stalls and feed/tack, waterers and fans, and run-ins with three paddocks. Ten Square Farms/Polo Square comprises 10 lots and has a center 20-acre polo field and a riding trail that goes behind each property and is approximately 1 mile long.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Windkiss Ranch FL Equestrian Facility

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Food Market Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vero Beach
    County
    Indian River
    State
    Florida
    Longitude
    -80.483026
    Latitude
    27.610595

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    FAQs

    What type of property is this?
    Horse & equestrian property - 8.55-acre equestrian property with barns and pastures in Vero Beach.
    Where is this horse & equestrian property located?
    The property is located at 7625 Polo Square Vero Beach, FL.
    What is the asking price?
    The asking price for this property is $1,549,000.
    What are key features of this property?
    This property features: Discover this 8.55‑acre equestrian property, nestled in a private corner of Ten Square Farms, Vero Beach.; Boasting two concrete block barns, enjoy features like vaulted ceilings, chandeliers, rubber pavers, stall skins, and European stall fronts.; The property includes four large pastures, two storage sheds, and two wash areas.
    (561) 818-2838
    We can help!
    Listing Contact
    Carolyn Todd
    Real Estate License ID: 3601352
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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