NOT LISTED FOR SALE

1150 Reef Rd Unit B21 Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $766,000 - $838,000

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. 8% increase in value since last sale

Current estimated payment $4,984/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
$804,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,479
Avg. Annual Appreciation
5.99%

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:

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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 Change Sq Ft Price
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
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

    18 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 South Beach

1150 Reef Rd Unit B21, Vero Beach, FL

This home is located at 1150 Reef Rd Unit B21, Vero Beach, FL 32963 since 08 January 2024 and is currently estimated at $804,479, approximately $457 per square foot. This property was built in 1976. 1150 Reef Rd Unit B21 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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