NOT LISTED FOR SALE

127 Springline Dr Vero Beach, FL 32963

Estimated Value: $5,199,000 - $5,873,000

5 Beds
5.5 Baths
5,179 Sq Ft
$1,051/Sq Ft Est. Value

Last Sold April 30, 2025

Last sale price $5,700,000 $1,101 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $31,257/month

16 Days on Market

Highlights

  • Home fronts navigable water
  • River Access
  • Main Floor Primary Bedroom
  • Beachland Elementary School Rated A-
  • In Ground Pool
  • Home Office

About This Home

As of April 2025

Exquisitely designed and decorated 2019 West Indies inspired custom build by Beachland Homes and Page 2 Design exudes luxury and fine architectural details throughout. With over 5100 sq.ft., 5BR, 5.5baths, two offices and two living areas, this rare waterfront residence has a long list of elegant appointments and a versatile floor plan perfect for entertaining, including a summer kitchen and sunset balcony. A 2018 seawall and dock provides a cleaning station, 20,000# lift and easy access to the ICW. Enjoy a resort lifestyle in this beautiful gated community with private beach access. Must see!

Last Agent to Sell the Property

Michelle Farr

One Sotheby's International License #3343028 Listed on: 01/25/2025

One Sotheby's International

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,269

Year Built

  • Built in 2019

Lot Details

  • 0.41 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 5,179 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Home Office
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Pool

  • In Ground Pool
  • Saltwater Pool

Additional Features

  • River Access
  • Forced Air Zoned Heating and Cooling System

Community Details

  • Elliott Merrill Association

Listing and Financial Details

  • Assessor Parcel Number 33402100008000000027.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,269

Year Built

Built in 2019

Lot Details

0

HOA Fees

$400 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • Water Body Name: Canal Navigational to Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 33402100008000000027.0
  • Location Tax and Legal Tax Annual Amount: 26269.2
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 5179.0
  • General Property Information Lot Size Acres: 0.41
  • General Property Information Lot Size Square Feet2: 17860.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Cooling Zoned: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • General Property Information Lot Size Dimensions: 99.0 ft x 166.0 ft
  • Pool Features Salt Water: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Stories2: 2
  • Marketing Remarks:Marketing Remarks: Exquisitely designed and decorated 2019 West Indies inspired custom build by Beachland Homes and Page 2 Design exudes luxury and fine architectural details throughout. With over 5100 sq.ft., 5BR, 5.5baths, two offices and two living areas, this rare waterfront residence has a long list of elegant appointments and a versatile floor plan perfect for entertaining, including a summer kitchen and sunset balcony. A 2018 seawall and dock provides a cleaning station, 20,000# lift and easy access to the ICW. Enjoy a resort lifestyle in this beautiful gated community with private beach access. Must see!
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes

Exterior Features

  • Pool Features: In Ground, Salt Water
  • Acres: 0.41
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water, River Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Monthly
  • Association Name: Elliott Merrill
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Elliott Merrill
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Current Use: Residential
  • Lot Dimensions: 99.0 ft x 166.0 ft
  • Lot Size Sq Ft: 17860.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 33402100008000000027.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 26269.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Apr 30, 2025
Sold by
Grassano Valerie A and Grassano Alan R
Bought by
Essaye Timothy J and Essaye Emily S
Seller's Agent
Michelle Farr
One Sotheby's International
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$5,995,000
Sold Price
$5,700,000
Premium/Discount to List
-$295,000
-4.92%
Views
18
Current Estimated Value
$5,441,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$258,989
Avg. Annual Appreciation
-7.12%

Purchase Details

Listed on
Apr 7, 2017
Closed on
Oct 16, 2017
Sold by
Manera John
Bought by
Grassano Valerie A and Grassano Alan R
Seller's Agent
Terri McConnell
The Moorings Realty Sales Co.
Buyer's Agent
Terri McConnell
The Moorings Realty Sales Co.
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.82%

Purchase Details

Closed on
Jan 18, 2005
Sold by
Schmidt Rodrick
Bought by
Manera John

Purchase Details

Closed on
Jul 31, 2003
Sold by
Mccarthy Robert W and Converse Barbara A
Bought by
Schmidt Rodrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2000
Sold by
Stewart William J
Bought by
Mccarthy Robert W and Converse Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Essaye Timothy J $5,700,000 First American Title Insurance
Grassano Valerie A $950,000 Oceanside Title & Escrow
Manera John $1,258,000 Island Title Agency
Schmidt Rodrick $905,000 --
Mccarthy Robert W $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Rodrick $905,000
Previous Owner Mccarthy Robert W $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2025 04/30/25 Sold $5,700,000 -4.9% $1,101 / Sq Ft
01/25/2025 01/25/25 For Sale $5,995,000 +531.1% $1,158 / Sq Ft
10/16/2017 10/16/17 Sold $950,000 -4.5% -- View Prior Sale
09/16/2017 09/16/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $995,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $27,181 $1,948,011 -- --
2024 $25,159 $1,948,011 -- --
2023 $25,159 $1,835,144 $0 $0
2022 $24,596 $1,781,693 $0 $0
2021 $24,719 $1,729,799 $0 $0
2020 $24,736 $1,705,917 $0 $0
2019 $11,758 $772,164 $765,000 $7,164
2018 $11,918 $771,998 $765,000 $6,998
2017 $10,427 $686,998 $0 $0
2016 $9,426 $600,940 $0 $0
2015 $9,376 $600,380 $0 $0
2014 $7,934 $484,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1035344

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 33-40-21-00008-0000-00027.0