$2,650,000
$300K PRICE DROP

11 Caribe Way Vero Beach, FL 32963

Estimated payment $16,561/month

Total Views 3,547
3 Beds
3.5 Baths
2,854 Sq Ft
$929 Price per Sq Ft

Highlights

  • Beach Access
  • On Golf Course
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Outdoor Pool

About This Home

Built in 2020, this beautifully appointed home overlooks the 14th green & 15th tee box in Orchid Island. Currently the most recently built listing available in Orchid Island. This bright & open feel home offers wood floors, impact glass, full home generator & whole home water purification system. Gourmet kitchen w/wolf gas cooktop, butler's pantry w/beverage cooler, formal dining & breakfast nook. Den opens to lanai w/built-in grill overlooking the heated courtyard pool. A/C 2 car + golf cart garage. Stunning golf views. Membership to Orchid island is mandatory. Sizes approx./subj. to error.

Listing Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-532-0010 License #0316531 Listed on: 08/01/2025

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,946

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 60x143
  • On Golf Course
  • South Facing Home
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,854 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Crown Molding
  • Sliding Doors
  • Golf Course Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wolf Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Beach Access
  • Patio
  • Built-In Barbecue

Utilities

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

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 31392300012000000086.0

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, reserve fund, security
  • Private Membership Available
  • Orchid Island Association
  • Orchid Island Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,946

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 60x143
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: A1A to 510 go left and right onto Orchid Island Drive. Second right on Caribe to first home on the left on left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2020
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-532-0010
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Purifier, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Wet Bar, Crown Molding, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2854.0
  • Stories: 1
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Corner Lot, On Golf Course, < 1/4 Acre
  • Pool Features: Electric Heat, Heated, Pool, Private, Community
  • Pool Private: Yes
  • View: Golf Course
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Barbecue, Sprinkler/Irrigation, Patio, Propane Tank - Owned
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Air Conditioned Garage, Attached, Garage, Golf Cart Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Golf, Other, Pickleball, Pool, Tennis Court(s)
  • Amenities: Dues Paid Monthly
  • Association Fee: 968.0
  • Association Name: Orchid Island
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Reserve Fund, Security

Lot Info

  • Parcel #: 31392300012000000086.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 31946.0
  • Tax Lot: 86
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $10,032 $2,349,027 $425,000 $1,924,027
2023 $10,032 $751,348 $0 $0
2022 $9,846 $729,464 $0 $0
2021 $10,075 $708,218 $0 $0
2020 $1,656 $106,250 $106,250 $0
2019 $1,673 $106,250 $106,250 $0
2018 $2,356 $148,750 $148,750 $0
2017 $1,692 $99,450 $0 $0
2016 $1,977 $122,400 $0 $0
2015 $1,995 $122,400 $0 $0
2014 $1,833 $115,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 Price Changed $2,650,000 -3.6% $929 / Sq Ft
11/10/2025 11/10/25 Price Changed $2,750,000 -5.0% $964 / Sq Ft
09/25/2025 09/25/25 Price Changed $2,895,000 -1.9% $1,014 / Sq Ft
08/01/2025 08/01/25 For Sale $2,950,000 +11.3% $1,034 / Sq Ft
12/07/2023 12/07/23 Sold $2,650,000 -7.0% $937 / Sq Ft View Prior Sale
10/17/2023 10/17/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $2,850,000 +165.1% $1,007 / Sq Ft
06/15/2020 06/15/20 Sold $1,075,000 -9.7% $380 / Sq Ft View Prior Sale
05/16/2020 05/16/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $1,190,000 +580.0% $421 / Sq Ft
06/26/2017 06/26/17 Sold $175,000 -5.4% $62 / Sq Ft View Prior Sale
05/27/2017 05/27/17 Pending -- -- --
02/25/2016 02/25/16 For Sale $185,000 -- $65 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,650,000 None Listed On Document
Warranty Deed $1,075,000 Attorney
Deed $175,000 --
Interfamily Deed Transfer -- Attorney
Warranty Deed $139,000 Attorney
Warranty Deed $385,000 Greenwich Title
Quit Claim Deed -- --
Warranty Deed $280,000 --
Warranty Deed $132,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 New Conventional
Previous Owner $172,500 No Value Available
Previous Owner -- No Value Available
Previous Owner $288,750 Seller Take Back
Previous Owner $106,000 Purchase Money Mortgage
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 290030

APN: 31-39-23-00012-0000-00086.0