NOT LISTED FOR SALE

1260 Near Ocean Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $852,000 - $912,000

0.29 Acre
$3,069,334 Price per Acre
12,632 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $800,000

Est. 11% increase in value since last sale

Current estimated payment $5,433/month

25 Days on Market

About This Lot

As of December 2022

Rare opportunity to build your dream home in desirable Castaway Cove. This vacant lot is situated among million dollar homes & one of the last remaining lots for sale on Barrier Island. Located East of A1A property is 107x112 & short walk to private beach access. Community is close to restaurants/shops/center of town/gated. Offers will be reviewed on Nov 11th. Size approx/subj to err.

Last Agent to Sell the Property

Elizabeth Sorensen

Dale Sorensen Real Estate Inc. License #3134517 Listed on: 11/04/2022

Dale Sorensen Real Estate Inc.

Co-Listed By

Lori Davis

Dale Sorensen Real Estate Inc. License #3153698

Last Buyer's Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531

Dale Sorensen Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,855

Lot Details

  • 0.29 Acre Lot

Utilities

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

Additional Features

  • Property Views

Community Details

  • Association fees include common areas, security
  • Ar Choice Association
  • Castaway Cove Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 33400800011000000041.0

Property Details

Property Type

Land

Est. Annual Taxes

$6,855

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0074
  • Co List Office Phone: 772-231-4712
  • Subdivision Name: Castaway Cove
  • Directions: A1A South to Castaway Cove Wave Six
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 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: Storm Drain(s)
  • Association Fee: 145.0
  • Association Name: AR CHOICE

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 12632.0
  • Number Of Lots: 1
  • Parcel #: 33400800011000000041.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6855.0
  • Tax Block: 0
  • Tax Lot: 41
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Boone John F and Lockwood Carl Christopher
Bought by
Massey Daniel M and Massey Judith A
Current Estimated Value
$890,107

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 30, 2022
Sold by
Jones Ryan A and Jones Sara E
Bought by
Boone John F and Lockwood Carl Christopher
Seller's Agent
Elizabeth Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%

Purchase Details

Listed on
May 28, 2020
Closed on
Oct 23, 2020
Sold by
Obmann Christopher John and Ohmann Jacqueline Jeanne
Bought by
Jones Ryan A and Jones Sara E
Seller's Agent
Debbie Bell
Berkshire Hathaway Florida
Buyer's Agent
Lori Davis
Dale Sorensen Real Estate Inc.
List Price
$529,000
Sold Price
$510,000
Premium/Discount to List
-$19,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.82%
Original Mortgage
$382,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2011
Sold by
Calabrese Albert J and Calabrese Susan R
Bought by
Obmann Christopher John and Obmann Jacqueline Jeanne

Purchase Details

Closed on
Apr 30, 2003
Sold by
Mcgovern Robert P and Mcgovern Lori
Bought by
Calabrese Albert J and Calabrese Susan R

Purchase Details

Closed on
Mar 27, 1998
Sold by
Hayes Donald H and Hayes Janet K
Bought by
Mcgovern Robert P and Mcgovern Lori
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 Buyer Sale Price Title Company
Massey Daniel M $895,000 Harbor Title & Escrow
Boone John F $800,000 Harbor Title & Escrow
Jones Ryan A $510,000 Elite Ttl Of Treasure Coast
Obmann Christopher John $188,500 Island Title Agency Llc
Calabrese Albert J $207,000 --
Mcgovern Robert P $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Ryan A $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $800,000 -5.9% --
11/30/2022 11/30/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $850,000 +66.7% --
10/23/2020 10/23/20 Sold $510,000 -3.6% -- View Prior Sale
09/23/2020 09/23/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $529,000 -- --
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 $9,059 $570,495 $570,495 --
2024 $10,638 $570,495 $570,495 --
2023 $10,638 $684,594 $684,594 $0
2022 $6,720 $431,502 $431,502 $0
2021 $6,855 $431,502 $431,502 $0
2020 $4,332 $282,135 $282,135 $0
2019 $4,218 $282,135 $282,135 $0
2018 $4,084 $282,135 $282,135 $0
2017 $3,728 $248,943 $0 $0
2016 $3,299 $207,450 $0 $0
2015 $3,253 $207,450 $0 $0
2014 $2,680 $164,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Elizabeth Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 696-1812

    50 in this area

    122 Total Sales

    Elizabeth Sorensen
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Lori Davis

    Dale Sorensen Real Estate Inc.

    (772) 538-1828

    24 in this area

    87 Total Sales

    Lori Davis
    Section Image
  • Matilde Sorensen

    Buyer's Agent in 2022

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    91 in this area

    246 Total Sales

    Matilde Sorensen
    Section Image

  • D

    Seller's Agent in 2020

    Debbie Bell

    Berkshire Hathaway Florida

    (772) 473-7255

    22 in this area

    136 Total Sales

    Debbie Bell
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 263887

APN: 33-40-08-00011-0000-00041.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

1260 Near Ocean Dr, Vero Beach, FL

Not Listed for Sale

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