NOT LISTED FOR SALE

1150 Reef Rd Unit A1 Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $780,000 - $1,032,000

3 Beds
3 Baths
1,601 Sq Ft
2.63 Acres

Last Sold April 05, 2021

Last sale price $700,000 $437 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,801/month

Highlights

  • Ocean Front
  • Heated Pool
  • Elevator
  • Beachland Elementary School Rated A-
  • Clubhouse
  • Hurricane or Storm Shutters

About This Home

As of April 2021

Direct oceanfront with breathtaking views! This spacious condo features 3BR, 3BA and an open floor plan. Glass-enclosed porch overlooks the ocean & beach. Sabal Reef residents enjoy a community clubhouse, heated pool, on-site mgr. and private beach access, plus 2-car garage space, large storage room. 3rd bedroom used as office/den. 1 pet up to 20-lbs. with approval.

Last Agent to Sell the Property

Judy Hargarten

The Moorings Realty Sales Co. License #0158761 Listed on: 01/09/2021

Last Buyer's Agent

Judy Hargarten

The Moorings Realty Sales Co. License #0158761 Listed on: 01/09/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,181

Year Built

  • Built in 1976

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Garden

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,601 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Blinds
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33402700009002000001.0

Community Details

Overview

  • Association fees include common areas, maintenance structure, recreation facilities, sewer, security, trash, water
  • Paradise Association Mgmt Association
  • Sabal Reef Condo Subdivision

Amenities

  • Trash Chute
  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Phone Entry
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,181

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Sabal Reef Condo
  • Directions: From 17th St. Bridge, south on Hwy. A1A to The Moorings. East on Galleon Drive; right on Reef Rd. to Sabal Reef on left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1976
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Crown Molding, Walk-In Closet(s)
  • Living Area: 1601.0
  • Stories: 3
  • Window Features: Blinds, Single Hung
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Garden, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Porch, Storm/Security Shutters
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Covered, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Security: Phone Entry, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Property Manager On-Site, Storage Facilities, Trash Chute, Pool
  • Association Fee: 933.0
  • Association Name: Paradise Association Mgmt
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 33402700009002000001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9181.0
  • Tax Lot: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Apr 5, 2021
Sold by
Larsen John E and Larsen John E
Bought by
Cornell James C and Cornell Lea G
Seller's Agent
Judy Hargarten
The Moorings Realty Sales Co.
Buyer's Agent
Judy Hargarten
The Moorings Realty Sales Co.
List Price
$850,000
Sold Price
$700,000
Premium/Discount to List
-$150,000
-17.65%
Current Estimated Value
$921,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,478
Avg. Annual Appreciation
7.53%
Original Mortgage
$490,000
Outstanding Balance
$442,938
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$524,548

Purchase Details

Closed on
Apr 9, 2013
Sold by
Larsen John E
Bought by
Larsen John E

Purchase Details

Closed on
Jun 11, 1999
Sold by
Matthews Lucille W
Bought by
Larsen John E and Larsen Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Cornell James C $700,000 American Title Services
Larsen John E -- Attorney
Larsen John E $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornell James C $490,000
Previous Owner Larsen John E $244,000
Previous Owner Larsen John E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $700,000 -17.6% $437 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $850,000 -- $531 / 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
2024 $11,203 $835,402 -- $835,402
2023 $11,203 $835,402 $0 $835,402
2022 $9,178 $645,796 $0 $645,796
2021 $9,051 $615,044 $0 $615,044
2020 $9,181 $615,044 $0 $615,044
2019 $9,458 $615,044 $0 $615,044
2018 $9,220 $591,388 $0 $591,388
2017 $9,372 $591,388 $0 $0
2016 $8,993 $561,000 $0 $0
2015 $6,554 $428,830 $0 $0
2014 $6,402 $425,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Judy Hargarten

    The Moorings Realty Sales Co.

    (772) 473-6024

    50 in this area

    51 Total Sales

    Judy Hargarten
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 239734

APN: 33-40-27-00009-0020-00001.0

Florida Indian River County Vero Beach 32963 South Beach

1150 Reef Rd Unit A1, Vero Beach, FL

This home is located at 1150 Reef Rd Unit A1, Vero Beach, FL 32963 since 09 January 2021 and is currently estimated at $921,478, approximately $575 per square foot. This property was built in 1976. 1150 Reef Rd Unit A1 is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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