NOT LISTED FOR SALE

1180 Reef Rd Unit B1 Vero Beach, FL 32963

Estimated Value: $820,000 - $979,571

2 Beds
2 Baths
1,565 Sq Ft
109,945 Sq Ft Lot

Last Sold October 23, 2023

Last sale price $1,115,000 $712 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $5,596/month

72 Days on Market

Highlights

  • Ocean Front
  • Free Form Pool
  • Furnished
  • Beachland Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 1 Car Detached Garage

About This Home

As of October 2023

This updated DIRECT OCEANFRONT condo lives like a beach cottage! Sunny & bright 2BR / 2BA with ocean views from almost every room. Walk out the door directly to the beach or pool, your dune crossover is just across the lawn. New kitchen cabinets & counters, new guest bath, new electrical & new plumbing and more. Tile floors throughout, impact sliders and south & east facing exposure for natural light. Amenities incl. 1 car garage, 2 storage closets, HTD community pool & private dune crossover. Small dog ok w/ board approval. Furniture & turn key option available. Sizes approx. Buyer to verify.

Last Agent to Sell the Property

Daina Bertrand

The Moorings Realty Sales Co. Brokerage Phone: 772-231-5131 License #3236356 Listed on: 07/21/2023

Last Buyer's Agent

Tripp Hernandez

Dale Sorensen Real Estate Inc. License #3026751

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,086

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 1 Car Detached Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,565 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • Sliding Doors
  • Tile Flooring
  • Ocean Views
  • Laundry Located Outside

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

Pool

  • Free Form Pool
  • Fence Around Pool

Outdoor Features

  • 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 1
  • Assessor Parcel Number 33402700005000200001.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, reserve fund, sewer, security, trash, water
  • Elliott Merrill Association
  • Billows Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,086

Year Built

Built in 1970

Lot Details

2.52 Acres

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Billows
  • Directions: From 17th St. Causeway bridge, south on Hwy. A1A to The Moorings. East on Galleon Drive, continue east / south on Reef Road to the Billows on east side of road.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1970
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Crown Molding, Master Downstairs
  • Living Area: 1565.0
  • Stories: 2
  • Window Features: Single Hung
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Other
  • Pool Features: Fenced, Free Form, Electric Heat, Heated, Other, Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Porch
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: Outside
  • Security: Security Guard, Smoke Detector(s)
  • 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: Pool
  • Association Fee: 1242.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Other, Reserve Fund, Sewer, Security, Trash, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33402700005000200001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5086.0
  • Tax Lot: 1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Oct 23, 2023
Sold by
Denison Julia H
Bought by
Nyman Limited Partnership
Seller's Agent
Daina Bertrand
The Moorings Realty Sales Co.
Buyer's Agent
Tripp Hernandez
Dale Sorensen Real Estate Inc.
List Price
$1,125,000
Sold Price
$1,115,000
Premium/Discount to List
-$10,000
-0.89%
Views
43
Current Estimated Value
$880,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$234,857
Avg. Annual Appreciation
-9.39%

Purchase Details

Closed on
Apr 9, 2007
Sold by
Grimes Howard R and Grimes Nancy Palmer
Bought by
Denison Julia H

Purchase Details

Closed on
Mar 3, 2004
Sold by
Grimes Howard R
Bought by
Grimes Howard R and Grimes Nancy Palmer

Purchase Details

Closed on
Aug 23, 2000
Sold by
Grimes Howard R and Grimes Nancy P
Bought by
Grimes Howard R

Purchase Details

Closed on
Sep 30, 1997
Sold by
Simoni Barbara G
Bought by
Grimes Howard R and Grimes Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.46%
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
Nyman Limited Partnership $1,115,000 First American Title Insurance
Denison Julia H $599,000 Oceanside Title & Escrow
Grimes Howard R -- --
Grimes Howard R -- --
Grimes Howard R $232,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grimes Howard R $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $1,115,000 -0.9% $712 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $1,125,000 0.0% $719 / Sq Ft
10/26/2016 10/26/16 For Rent $6,500 0.0% --
10/26/2016 10/26/16 Rented $6,500 -- --
Source: REALTORS® Association of Indian River County

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 $12,202 $857,901 -- $857,901
2024 $5,215 $857,901 -- $857,901
2023 $5,215 $405,222 $0 $0
2022 $5,086 $393,419 $0 $0
2021 $5,093 $381,960 $0 $0
2020 $5,085 $376,686 $0 $0
2019 $5,106 $368,217 $0 $0
2018 $5,070 $361,351 $0 $0
2017 $5,038 $353,919 $0 $0
2016 $4,981 $346,640 $0 $0
2015 $5,161 $344,240 $0 $0
2014 $5,038 $341,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Daina Bertrand

    The Moorings Realty Sales Co.

    (772) 231-5131

    70 in this area

    78 Total Sales

    Daina Bertrand
    Section Image
  • Tripp Hernandez

    Buyer's Agent in 2023

    Tripp Hernandez

    Dale Sorensen Real Estate Inc.

    (772) 539-1980

    7 in this area

    100 Total Sales

    Tripp Hernandez
    Section Image

  • A

    Seller's Agent in 2016

    Allison McGraw

    The Moorings Realty Sales Co.

    (772) 231-5131

    Allison McGraw
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 270123

APN: 33-40-27-00005-0002-00001.0

Florida Indian River County Vero Beach 32963

1180 Reef Rd Unit B1, Vero Beach, FL

Not Listed for Sale

Condos

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