NOT LISTED FOR SALE

1150 Reef Rd Unit B28 Vero Beach, FL 32963

South Beach Area

Estimated Value: $1,105,000 - $1,226,136

3 Beds
2.5 Baths
1,760 Sq Ft
1976 Built

Sale Details

Date Sold: April 30, 2024

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

Est. 8% decrease in value since last sale

Current estimated payment $8,646 / mo

163 Days on Market

Highlights

  • Direct Ocean View
  • Intercom to Front Desk
  • Waterfront
  • Beachland Elementary School Rated A-
  • Penthouse
  • Clubhouse

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 Buyer's Agent

Marsha Sherry

Moorings Realty Sales Co. License #584186

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,626

Year Built

  • Built in 1976

Lot Details

  • Waterfront
  • End Unit
  • West Facing Home

HOA Fees

  • $1,033 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Parking Garage Space

Home Design

  • Penthouse
  • Garden Apartment
  • Split Level Home
  • Entry on the 3rd floor
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 1,760 Sq Ft Home
  • 3-Story Property
  • Furniture for Sale
  • Furniture Can Be Negotiated
  • Single Hung Metal Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Direct Ocean Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Location

  • East of U.S. Route 1

Schools

  • Beachland Elementary School
  • Vero Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 334027000090040000280

Community Details

Overview

  • Sabal Reef,Moorings Subdivision
  • Mandatory home owners association
  • The community has rules related to no recreational vehicles or boats

Amenities

  • Trash Chute
  • Clubhouse
  • Intercom to Front Desk
  • Elevator
  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • On-Site Manager or Management
  • Phone Entry
  • Complete Electric Power Shutters
  • Complete Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,626

Year Built

Built in 1976

Lot Details

0 Sq Ft Lot

HOA Fees

$1,033 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, Corner Unit, Penthouse, Split Level
  • 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.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Road Frontage Type: Paved Road, U.S. Hwy
  • Road Surface Type: Paved Road, Paved
  • Building Stories: 3
  • Structure Type: Condo
  • Subdivision Name: SABAL REEF,MOORINGS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 1250000
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s), Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Furnished: Furniture For Sale, Furniture Negotiable
  • Living Area: 1760
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 3
  • Window Features: Complete Electric Power Shutters, Complete Impact Glass, Hurricane Shutters, Single Hung Metal
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Tile, Concrete, Tile Roof
  • View: Ocean, Direct Ocean, Ocean View
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block Construction, Stucco
  • Direction Faces: West
  • Lot Features: East Of US 1
  • Other Structures: Livable
  • Pool Features: Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Garage-Under Building, Parking Garage, Parking-Under Building, No Rv/Boats
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Club House, Trash Chute
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Security System, Phone Entry, Intercom In Lobby, Lobby Secured, Security Patrol
  • Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1033
  • Amenities: Clubhouse, Clubhouse-Clubroom, Community Pool, Elevator(s), Management On Site, Pool, Private Pool, Security Patrol, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Buyer Approval Required, Clubhouse, Management On Site, Mandatory Hoa, Paved Road, Pool, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Beachland
  • High School: Vero Beach

Lot Info

  • Parcel Number: 334027000090040000280
  • Zoning: RES

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8626

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Apr 26, 2024
Sold by
Mcdevitt James G and Mcdevitt Wendy S
Bought by
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%
Current Estimated Value
$1,154,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,621
Avg. Annual Appreciation
-3.11%

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

Purchase Details

Closed on
Nov 27, 1994
Sold by
Ubbing Nina N
Bought by
Ubbing Nina N
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,250,000 Oceanside Title & Escrow
Mcdevitt James G -- Attorney
Mcdevitt James G $441,600 --
Ubbing Nina N -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $384,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $1,250,000 -15.3% $710 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
10/20/2023 10/20/23 For Sale $1,475,000 -- $838 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10929353

MIAMI REALTORS® MLS

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

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