NOT LISTED FOR SALE

1150 Reef Rd Unit B28 Vero Beach, FL 32963

Estimated Value: $986,000 - $1,213,000

3 Beds
2.5 Baths
1,760 Sq Ft
1976 Built

Last Sold April 30, 2024

Last sale price $1,250,000 $710 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $6,933/month

161 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Clubhouse
  • Beachland Elementary School Rated A-
  • Waterfront
  • Community Pool

About This Home

As of April 2024

Nothing but ocean! Top floor, DIRECT OCEANFRONT 3 bedroom condo with views that ''Wow'' you as soon as you open your front door. Updated in 2018, this unit has an open kitchen, new flooring, fresh paint, impact glass windows, storm shutters for every opening PLUS 2-car garage parking and a huge storage room. Sabal Reef in The Moorings is an intimate community of just 28 residences with onsite maintenance, community clubroom, heated pool and private beach access. A small pet (up to 20 lbs.) is allowed with board approval. Sizes approx. Buyer to verify.

Last Agent to Sell the Property

Marsha Sherry

Moorings Realty Sales Co. License #584186 Listed on: 11/01/2023

Last Buyer's Agent

Marsha Sherry

Moorings Realty Sales Co. License #584186 Listed on: 11/01/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,626

Year Built

  • Built in 1976

Lot Details

  • Waterfront
  • West Facing Home

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Single Hung Metal Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ocean Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Enclosed Glass Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 33402700009004000028.0

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, ground maintenance, recreation facilities, sewer, security, trash, water
  • Sabal Reef Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,626

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From 17th St. Causeway bridge: south on Hwy. A1A to The Moorings; east on Windward Way, left on Reef Rd. to Sabal Reef; B-28 is on south side at end.
  • MaximumNumberOfPets: 1
  • Year Built: 1976
  • Unit Levels: Multi/Split
  • New Construction: No
  • Pets No Pets Comments: Total Weight Limit Of Pets:20
  • MaximumPetWeight: 20
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Living/Dining Room, Storage, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1760.0
  • Stories: 3
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Ocean
  • Pool Features: Association
  • Pool Private: No
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Disclosures: Deed Restriction
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

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

Utilities

  • Security: Security System, Phone Entry, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1033.0
  • Pets Allowed: Yes
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Clubhouse, Elevator(s), Pool, Trash
  • Association: Yes
  • Pets Allowed: Number Limit, Pet Restrictions, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 33402700009004000028.0
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8626.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Apr 26, 2024
Sold by
Mcdevitt James G and Mcdevitt Wendy S
Bought by
Gay Bradford Roger and Kirkwood Karen Ann
Seller's Agent
Marsha Sherry
Moorings Realty Sales Co.
Buyer's Agent
Marsha Sherry
Moorings Realty Sales Co.
List Price
$1,475,000
Sold Price
$1,250,000
Premium/Discount to List
-$225,000
-15.25%
Views
113
Current Estimated Value
$1,077,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$172,159
Avg. Annual Appreciation
-8.21%

Purchase Details

Closed on
Jun 5, 2015
Sold by
Mcdevitt Joanne M
Bought by
Mcdevitt James G and Mcdevitt Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,300
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2000
Sold by
Ubbing Nina N
Bought by
Mcdevitt James G and Mcdevitt Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,248
Interest Rate
8.05%

Purchase Details

Closed on
Nov 27, 1994
Sold by
Ubbing Nina N
Bought by
Ubbing Nina N
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 Buyer Sale Price Title Company
Gay Bradford Roger $1,250,000 Oceanside Title & Escrow
Mcdevitt James G -- Attorney
Mcdevitt James G $441,600 --
Ubbing Nina N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdevitt James G $384,300
Previous Owner Mcdevitt James G $353,248
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $1,250,000 -8.4% $710 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
02/10/2024 02/10/24 Price Changed $1,365,000 -7.5% $776 / Sq Ft
11/01/2023 11/01/23 For Sale $1,475,000 -- $838 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $14,556 $1,025,500 -- $1,025,500
2024 $8,834 $835,402 -- $835,402
2023 $8,834 $685,125 $0 $0
2022 $8,626 $645,796 $0 $645,796
2021 $9,051 $615,044 $0 $615,044
2020 $9,181 $615,044 $0 $615,044
2019 $10,309 $670,956 $0 $670,956
2018 $10,049 $645,150 $0 $645,150
2017 $9,974 $645,150 $0 $0
2016 $8,993 $561,000 $0 $0
2015 $8,174 $510,000 $0 $0
2014 -- $425,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marsha Sherry

    Moorings Realty Sales Co.

    (772) 532-6387

    64 in this area

    75 Total Sales

    Marsha Sherry
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10929353

BeachesMLS (Greater Fort Lauderdale)

APN: 33-40-27-00009-0040-00028.0

Florida Indian River County Vero Beach 32963

1150 Reef Rd Unit B28, Vero Beach, FL

Not Listed for Sale

Condos

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