NOT LISTED FOR SALE

1070 Reef Rd Unit 306 Vero Beach, FL 32963

Estimated Value: $1,307,000 - $1,742,000

3 Beds
2 Baths
2,300 Sq Ft
2.66 Acres

Last Sold May 02, 2019

Last sale price $985,000 $428 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,133/month

77 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Roman Tub
  • Beachland Elementary School Rated A-
  • Gated Community
  • Marble Flooring

About This Home

As of May 2019

Oceanfront Penthouse. Tucked away in The Galleons at The Moorings sits one of 21 luxurious boutique units featuring unobstructed views & 2 sweeping balconies. Premier top floor remodeled high end furnished* 3/2 w/garage storage galore, hurricane sliders, windows & new shutters. Chef's kitchen boasts marble, granite & stone & top of line appliances. Redesigned floor-plan. Cash buyers only.

Last Buyer's Agent

Judy Hargarten

The Moorings Realty Sales Co. License #0158761

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,641

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • East Facing Home

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Tile Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Crown Molding
  • High Ceiling
  • Tinted Windows
  • Blinds
  • Bay Window
  • French Doors
  • Sliding Doors
  • Ocean Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Marble
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Bathtub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights

Pool

  • Spa
  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier

Listing and Financial Details

  • Tax Lot 306
  • Assessor Parcel Number 33402700020000000306.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, recreation facilities, sewer, trash, water
  • Galleons Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,641

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: Galleons Condo
  • Directions: From 17th Street Bridge/Causeway head South on A1A towards The Moorings. Go East on Galleons Drive to Galleons on the Ocean. Bldg #1070, unit 306 on 3rd floor.
  • 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: 772-231-0001
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Partially
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplace: No
  • Flooring: Marble, Slate, Tile
  • Interior Amenities: Bathtub, Closet Cabinetry, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 2300.0
  • Stories: 3
  • Window Features: Blinds, Bay Window(s), Impact Glass, Tinted Windows, Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony, Porch, Patio
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Carport, Garage, Garage Door Opener, One Space

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Security: Security System Owned, Closed Circuit Camera(s), Gated Community, Security Guard, Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Elevator, Sauna, Storage Facilities, Pool
  • Association Fee: 1084.0
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Sewer, Trash, Water

Lot Info

  • Parcel #: 33402700020000000306.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7641.0
  • Tax Lot: 306
  • Tax Year: 2017

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Apr 23, 2019
Sold by
Sills Holly Rubin and Sills Gary
Bought by
Revocab Roberts William H and Revocab William H Roberts 2016
Buyer's Agent
Judy Hargarten
The Moorings Realty Sales Co.
List Price
$1,150,000
Sold Price
$985,000
Premium/Discount to List
-$165,000
-14.35%
Current Estimated Value
$1,476,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,152
Avg. Annual Appreciation
6.31%

Purchase Details

Listed on
Jun 25, 2015
Closed on
Jan 17, 2017
Sold by
Dewahl David A
Bought by
Sills Holly Rubin and Sills Gary
Seller's Agent
Judy Hargarten
The Moorings Realty Sales Co.
List Price
$670,000
Sold Price
$555,000
Premium/Discount to List
-$115,000
-17.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.47%
Original Mortgage
$124,545
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2001
Sold by
Gervais Donald G and Gervais Barbara J
Bought by
Dewahl David A

Purchase Details

Closed on
May 30, 1997
Sold by
Healion Marilyun
Bought by
Gervais Donald G and Gervais Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Revocab Roberts William H $985,000 Oceanside Title & Escrow
Sills Holly Rubin $555,000 Oceanside Title & Escrow Inc
Dewahl David A $575,000 --
Gervais Donald G $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sills Holly Rubin $124,545
Previous Owner Sills Holly Rubin $374,900
Previous Owner Gervais Donald G $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2019 05/02/19 Sold $985,000 -14.3% $428 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $1,150,000 +107.2% $500 / Sq Ft
01/17/2017 01/17/17 Sold $555,000 -17.2% $256 / Sq Ft View Prior Sale
12/18/2016 12/18/16 Pending -- -- --
06/25/2015 06/25/15 For Sale $670,000 -- $309 / 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 $16,514 $1,178,851 -- $1,178,851
2024 $14,737 $1,178,851 -- $1,178,851
2023 $14,737 $954,690 $0 $0
2022 $12,553 $911,295 $0 $911,295
2021 $11,580 $789,000 $0 $789,000
2020 $11,749 $789,000 $0 $789,000
2019 $7,106 $500,184 $0 $0
2018 $7,060 $490,858 $0 $0
2017 $7,641 $481,058 $0 $0
2016 $7,360 $458,150 $0 $0
2015 $5,742 $379,850 $0 $0
2014 $5,607 $376,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2019

    Judy Hargarten

    The Moorings Realty Sales Co.

    (772) 473-6024

    43 in this area

    44 Total Sales

    Judy Hargarten
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 213523

APN: 33-40-27-00020-0000-00306.0

Florida Indian River County Vero Beach 32963

1070 Reef Rd Unit 306, Vero Beach, FL

Not Listed for Sale

Condos

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