NOT LISTED FOR SALE

1150 Reef Rd Unit B21 Vero Beach, FL 32963

Estimated Value: $736,000 - $857,000

3 Beds
3 Baths
1,760 Sq Ft
2.63 Acres

Last Sold May 01, 2024

Last sale price $748,000 $425 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,894/month

84 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Enclosed Patio or Porch
  • Beachland Elementary School Rated A-
  • Elevator
  • Walk-In Closet

About This Home

As of May 2024

Oceanfront 3BR, 3BA condo with stunning ocean views presents a prime opportunity for renovation, allowing you to transform this unit into your dream coastal haven. Enjoy the added perks at Sabal Reef with a private boardwalk and beach access, 2-car garage, generous storage space, heated pool, manicured grounds, and on-site manager. 1 pet up to 20-lbs with approval. Sizes approx. Buyer to verify. Sold AS-IS.

Last Agent to Sell the Property

Collier Proctor

The Moorings Realty Sales Co. Brokerage Phone: 772-231-5131 License #3348359 Listed on: 01/08/2024

Last Buyer's Agent

Michele Mackett

LPT Realty, LLC License #3309955

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,817

Year Built

  • Built in 1976

Lot Details

  • Ocean Front
  • East Facing Home

Parking

  • 2 Car Garage

Home Design

  • Tar and Gravel Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,760 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Sliding Doors
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Free Form 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 21
  • Assessor Parcel Number 33402700009004000021.0

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

  • Elevator

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,817

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. Causeway bridge, south on Hwy. A1A to The Moorings. East on Galleon Drive; right on Reef Rd. to Sabal Reef on left
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1976
  • ResoBuildingAreaSource: Assessor
  • 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: Walk-In Closet(s)
  • Living Area: 1760.0
  • Stories: 3
  • Window Features: Single Hung, Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Other
  • Pool Features: Free Form, Other, Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal, Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Porch
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Built-Up, Tar/Gravel

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, 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: Elevator, Property Manager On-Site, Pool
  • Association Fee: 1483.0
  • 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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33402700009004000021.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8817.0
  • Tax Lot: 21
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Apr 25, 2024
Sold by
Hinchcliff Dorothy and Mary F Hinchcliff Revocable Trust
Bought by
Ward Nicholas S and Ward Laurie M
Seller's Agent
Collier Proctor
The Moorings Realty Sales Co.
Buyer's Agent
Michele Mackett
LPT Realty, LLC
List Price
$839,900
Sold Price
$748,000
Premium/Discount to List
-$91,900
-10.94%
Views
31
Current Estimated Value
$776,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,617
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
Aug 1, 2015
Sold by
Hinchcliff Mary F
Bought by
Mary F Hinchcliff Revocable Trust and Goodrich Dorothy Hinchcliff
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
Ward Nicholas S $748,000 Investors Title Insurance Agen
Mary F Hinchcliff Revocable Trust -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $748,000 -2.8% $425 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
02/29/2024 02/29/24 Price Changed $769,900 -8.3% $437 / Sq Ft
01/08/2024 01/08/24 For Sale $839,900 -- $477 / 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 $9,752 $683,510 -- $683,510
2024 $8,818 $683,510 -- $683,510
2023 $8,818 $581,217 $0 $0
2022 $7,531 $528,379 $0 $528,379
2021 $7,425 $503,218 $0 $503,218
2020 $7,531 $503,218 $0 $503,218
2019 $7,714 $503,218 $0 $503,218
2018 $7,295 $483,863 $0 $483,863
2017 $7,063 $483,863 $0 $0
2016 $6,374 $420,750 $0 $0
2015 $6,061 $382,500 $0 $0
2014 $5,130 $309,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Collier Proctor

    The Moorings Realty Sales Co.

    (772) 643-2317

    29 in this area

    41 Total Sales

    Collier Proctor
    Section Image

  • M

    Buyer's Agent in 2024

    Michele Mackett

    LPT Realty, LLC

    (772) 559-0898

    3 in this area

    16 Total Sales

    Michele Mackett
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 274223

APN: 33-40-27-00009-0040-00021.0

Florida Indian River County Vero Beach 32963

1150 Reef Rd Unit B21, Vero Beach, FL

Not Listed for Sale

Condos

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