$200,000
SOLD FEB 21, 2025
0.24 Acre
$833,333 Price per Acre
11,050 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

27% Below List Price

186 Days on Market

Highlights

  • Additional Land
  • Beachland Elementary School Rated A-
  • Views

About This Lot

As of February 2025

BUSINESS OPPORTUNITY! BUY Lot and building next door for sale 1140 Royal Palm Blvd listed separately to maximize full potential. Lot is .24 and zoned for light industrial, prof services, car lot, car wash , restaurant, trades, more! High traffic area, close to courthouse, downtown, while still only minutes from beachside. Sizes are approx/subj to error.

Last Agent to Sell the Property

Christine Hughes

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-532-8894 License #0704916 Listed on: 08/19/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $605

Lot Details

  • 11,050 Sq Ft Lot
  • Additional Land
  • Zoning described as Commercial,Industrial

Home Design

  • 10,710 Sq Ft Home

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • Royal Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 4
  • Assessor Parcel Number 33390100005004000010.0

Property Details

Property Type

Land

Est. Annual Taxes

$605

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Subdivision Name: Royal Park
  • Directions: US 1 North, right on Royal Palm Boulevard, property is on the left
  • Attribution Contact: 772-532-8894
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Living Area: 10710.0

Exterior Features

  • Lot Features: Additional Land Available, 1/4 to 1/2 Acre Lot
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Curbs, None, Storm Drain(s), Sidewalks
  • Association Name: None

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 11050.0
  • Number Of Lots: 1
  • Parcel #: 33390100005004000010.0
  • Zoning Description: Commercial,Industrial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 605.0
  • Tax Block: 4
  • Tax Lot: 10
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Feb 21, 2025
Sold by
Storey Arthur J
Bought by
Trinity Episcopal Church Vero Beach Florida
Seller's Agent
Christine Hughes
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%
Views
13
Current Estimated Value
$201,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,900
Avg. Annual Appreciation
1.20%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2025 02/21/25 Sold $200,000 -27.3% $19 / Sq Ft
08/19/2024 08/19/24 For Sale $275,000 -- $26 / 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 $635 $37,570 $37,570 --
2024 $605 $37,570 $37,570 --
2023 $605 $37,570 $37,570 $0
2022 $607 $37,570 $37,570 $0
2021 $616 $37,570 $37,570 $0
2020 $591 $37,570 $37,570 $0
2019 $576 $37,570 $37,570 $0
2018 $494 $28,178 $28,178 $0
2017 $501 $28,178 $0 $0
2016 $506 $28,180 $0 $0
2015 $522 $28,180 $0 $0
2014 $476 $26,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 280710

APN: 33-39-01-00005-0040-00010.0