NOT LISTED FOR SALE

1070 Reef Rd Unit 205 Vero Beach, FL 32963

Estimated Value: $1,084,973 - $1,171,000

3 Beds
3 Baths
2,179 Sq Ft
2.66 Acres

Last Sold May 04, 2017

Last sale price $790,000 $363 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,023/month

14 Days on Market

Highlights

  • Ocean Front
  • Gas Heated Pool
  • Elevator
  • Beachland Elementary School Rated A-
  • Enclosed Patio or Porch
  • Hurricane or Storm Shutters

About This Home

As of May 2017

Ocean views & breezes greet you upon opening your front door! Beautifully & professionally renovated, this spacious (2,179 SF) 3 bedroom, 3 bath floor plan w/oceanfront screened and covered porch, extra storage +1 car garage provides carefree living. The Galleons is an intimate, 21-unit community w/onsite manager, heated pool, hot tub and private beach access. Indoor cat is allowed.

Last Agent to Sell the Property

Erika Ross

The Moorings Realty Sales Co. License #3204519 Listed on: 03/20/2017

Last Buyer's Agent

Daina Bertrand

The Moorings Realty Sales Co. License #3236356

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,844

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 1 Car Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Gas Heated Pool
  • Property has ocean access
  • Beach Access
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 205.0
  • Assessor Parcel Number 33402700020000000205.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, sewer, security, trash, water
  • Galleons Condo Subdivision

Amenities

  • Trash Chute
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,844

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Galleons Condo
  • Directions: A1A South from 17th St bridge to the Moorings. East on Galleon Dr. to Galleons. Bldg #1070.
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1982
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Crown Molding, Split Bedrooms, Walk-In Closet(s)
  • Stories: 3
  • Window Features: Blinds, Impact Glass, Single Hung, Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Community, Gas Heat, Heated, Pool
  • View: Pool, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Enclosed Porch, Porch, Storm/Security Shutters
  • Patio And Porch Features: Covered, Enclosed, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Laundry Features: In Unit
  • Security: Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Property Manager On-Site, Storage Facilities, Trash Chute, Pool
  • Association Fee: 3250.0
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Other, Sewer, Security, Trash, Water

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 33402700020000000205.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8844.0
  • Tax Lot: 205.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Beam Jeffrey R and Beam Cheryl C
Bought by
Tohir David L
Current Estimated Value
$1,118,243

Purchase Details

Listed on
Mar 20, 2017
Closed on
May 4, 2017
Sold by
Tapley Edward L
Bought by
Beam Jeffrey R and Beam Cheryl C
Seller's Agent
Erika Ross
The Moorings Realty Sales Co.
Buyer's Agent
Daina Bertrand
The Moorings Realty Sales Co.
List Price
$795,000
Sold Price
$790,000
Premium/Discount to List
-$5,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%

Purchase Details

Listed on
Mar 9, 2015
Closed on
Nov 18, 2015
Sold by
Morris John C and Morris Roberta C
Bought by
Tapley Edward L
Seller's Agent
Erika Ross
The Moorings Realty Sales Co.
Buyer's Agent
Judy Hargarten
The Moorings Realty Sales Co.
List Price
$725,000
Sold Price
$660,000
Premium/Discount to List
-$65,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%

Purchase Details

Closed on
Apr 2, 2012
Sold by
Menn Jonathan M
Bought by
Morris John C and Morris Roberta C

Purchase Details

Closed on
May 3, 2010
Sold by
Menn Christel Augustin
Bought by
Menn Jonathan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tohir David L $800,000 Attorney
Beam Jeffrey R $790,000 Attorney
Tapley Edward L $660,000 Oceanside Title & Escrow
Morris John C $425,000 Attorney
Menn Jonathan M -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2017 05/04/17 Sold $790,000 -0.6% $363 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $795,000 +20.5% $365 / Sq Ft
11/30/2015 11/30/15 Sold $660,000 -9.0% $303 / Sq Ft View Prior Sale
10/31/2015 10/31/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $725,000 -- $333 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,767 $969,290 -- $969,290
2024 $12,454 $969,290 -- $969,290
2023 $12,454 $824,226 $0 $0
2022 $10,630 $749,296 $0 $749,296
2021 $9,541 $648,741 $0 $648,741
2020 $9,679 $648,741 $0 $648,741
2019 $9,971 $648,741 $0 $648,741
2018 $10,105 $648,741 $0 $648,741
2017 $9,182 $579,233 $0 $0
2016 $8,844 $551,650 $0 $0
2015 $7,062 $458,990 $0 $0
2014 $6,899 $455,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 184144

APN: 33-40-27-00020-0000-00205.0