$4,800,000
SOLD FEB 19, 2026

111 Springline Dr Vero Beach, FL 32963

4 Beds
4.5 Baths
4,719 Sq Ft
16,117 Sq Ft Lot

Sale Details

Date Sold: February 19, 2026

$1,017 Per Sq Ft

3% Below List Price

61 Days on Market

Highlights

  • Beach Access
  • Intracoastal View
  • River Front
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • Marble Flooring

About This Home

As of February 2026

Exceptional West Indies style home designed by architect Greg Anderson to enjoy the waterfront lifestyle. Located in the gated Anchor community of The Moorings, this beautifully maintained residence takes advantage of its deepwater location w/over 100’ of water frontage, 2 lifts, dock & 3 car garage. Enjoy outdoor living w/the waterfront infinity pool/spa, summer kitchen & private beach access. Indoor living features floor to ceiling French doors in living room & in family room. Other features include BRAND NEW ROOF, formal dining, downstairs primary, upstairs great room & impact windows/doors

Last Agent to Sell the Property

Erika Ross

The Moorings Realty Sales Co. Brokerage Phone: 772-231-5131 License #3204519 Listed on: 11/03/2025

Last Buyer's Agent

Stuart Tilt

One Sotheby's Int'l Realty License #3300608

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,568

Year Built

  • Built in 2003

Lot Details

  • 16,117 Sq Ft Lot
  • Lot Dimensions are 102x150
  • River Front
  • Northeast Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Property Views

  • Intracoastal
  • River

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 4,719 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • French Doors

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Free Form Pool
  • Beach Access
  • Access To Intracoastal Waterway
  • Seawall
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 33402100008000000011.0

Community Details

Overview

  • Association fees include common areas, recreation facilities, security
  • Elliott Merrill Managemnt Association
  • Anchor The Moorings Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,568

Year Built

Built in 2003

Lot Details

0.37 Acres

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 102x150
  • Ownership: Single Family/Other
  • Subdivision Name: ANCHOR THE MOORINGS
  • Directions: From 17th St. Causeway Blvd. bridge, south on Hwy. A1A to The Moorings. Right (west) onto Regatta Dr. Right to the Anchor guard house. Guard will direct.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2003
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Crown Molding, High Ceilings, Kitchen Island, Primary Downstairs, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 4719.0
  • Stories: 2
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Item14to12AcreLot
  • Pool Features: Free Form, Other, Pool
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front, Seawall, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Sprinkler/Irrigation, Outdoor Kitchen, Porch, Propane Tank - Owned
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Air Conditioned Garage, Attached, Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric, Item3Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Basketball Court, Other, Playground, Tennis Court(s)
  • Amenities: Dues Paid Quarterly
  • Association Fee: 400.0
  • Association Name: Elliott Merrill Managemnt
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other, Recreation Facilities, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33402100008000000011.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 50568.0
  • Tax Lot: 11
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2025
Closed on
Feb 19, 2026
Sold by
Tranquilli Richard James and Tranquilli Louise
Bought by
Palfrey Peter W and Palfrey Barbara A
Seller's Agent
Erika Ross
The Moorings Realty Sales Co.
Buyer's Agent
Stuart Tilt
One Sotheby's Int'l Realty
List Price
$4,950,000
Sold Price
$4,800,000
Premium/Discount to List
-$150,000
-3.03%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.83%

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 19, 2021
Sold by
Duggal Sanjeev and Duggal Susie Sylvester
Bought by
Tranquilli Richard James and Tranquilli Louise
Seller's Agent
Luke Webb
Luke D Webb Real Estate Inc
Buyer's Agent
Luke Webb
Luke D Webb Real Estate Inc
List Price
$3,495,000
Sold Price
$3,300,000
Premium/Discount to List
-$195,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$1,250,000
Interest Rate
2.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jul 1, 2020
Sold by
Gaston Matt J and Gaston Liza A
Bought by
Duggal Sanjeev and Duggal Susie Sylvester
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$2,450,000
Sold Price
$2,300,000
Premium/Discount to List
-$150,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.66%
Original Mortgage
$1,725,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
D E & P Bldr L L C
Bought by
Gaston Matt J and Gaston Liza A

Purchase Details

Closed on
Mar 14, 2002
Sold by
M G B Const Inc
Bought by
D E & P Bldr

Purchase Details

Closed on
Sep 14, 2000
Sold by
Sakalas Dana M
Bought by
M G B Const Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
8.05%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Gull Leasing Inc
Bought by
Dechellis Robert and Dechellis Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
7.19%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,800,000 None Listed On Document
Warranty Deed $3,300,000 Attorney
Warranty Deed $2,300,000 None Available
Warranty Deed $2,250,000 --
Warranty Deed $515,000 --
Warranty Deed $350,000 --
Warranty Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,250,000 New Conventional
Previous Owner $1,725,000 New Conventional
Previous Owner $622,500 No Value Available
Previous Owner $192,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2026 02/19/26 Sold $4,800,000 -3.0% $1,017 / Sq Ft
02/14/2026 02/14/26 Pending -- -- --
12/15/2025 12/15/25 For Sale $4,950,000 +50.0% $1,049 / Sq Ft
11/19/2021 11/19/21 Sold $3,300,000 -5.6% $699 / Sq Ft View Prior Sale
10/20/2021 10/20/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $3,495,000 +52.0% $741 / Sq Ft
07/01/2020 07/01/20 Sold $2,300,000 -6.1% $487 / Sq Ft View Prior Sale
06/01/2020 06/01/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $2,450,000 -- $519 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $50,749 $3,625,579 -- --
2024 $42,288 $3,523,400 $1,360,000 $2,163,400
2023 $42,288 $2,953,245 $0 $0
2022 $37,815 $2,684,768 $1,147,500 $1,537,268
2021 $29,757 $2,037,203 $765,000 $1,272,203
2020 $20,158 $1,395,729 $0 $0
2019 $30,695 $2,048,008 $0 $0
2018 $30,505 $2,008,263 $765,000 $1,243,263
2017 $30,156 $1,936,775 $0 $0
2016 $28,035 $1,799,720 $0 $0
2015 $26,606 $1,634,390 $0 $0
2014 -- $1,424,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 292384

APN: 33-40-21-00008-0000-00011.0

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