NOT LISTED FOR SALE

1450 Ocean Dr Unit 1B Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $1,338,000 - $1,798,000

3 Beds
3 Baths
2,477 Sq Ft
4,792 Sq Ft Lot

Sale Details

Date Sold: December 17, 2019

Last sale price $1,300,000 $525 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,216 / mo

10 Days on Market

Highlights

  • Ocean Front
  • Heated Pool
  • Hydromassage or Jetted Bathtub
  • Beachland Elementary School Rated A-
  • Gated Community
  • Elevator

About This Home

As of December 2019

Rarely available oceanfront condo in coveted Bay Colony community. Beautifully updated and decorated with nearly 2,500 SF, 3 bedrooms and 3 baths plus den (Possible 4th BR). Exceptional ocean views from the spacious covered terrace and just steps to the community pool and beach. Separate 2-car garage and under building storage is included. Sizes approx./subj. to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 11/06/2019

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,538

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof

Interior Spaces

  • 2,477 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Sliding Doors
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Laundry Tub

Home Security

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33400800016000000001.2

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, reserve fund, sewer, security, trash, water
  • Bay Colony Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry
  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,538

Year Built

Built in 1999

Lot Details

4,792 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: Bay Colony
  • Directions: 17th Street east to Ocean Drive. Go right to Bay Colony on left.
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1999
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, Closet Cabinetry, Crown Molding, Jetted Tub, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2477.0
  • Stories: 3
  • Window Features: Single Hung, Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: Pet Restrictions
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony, Storm/Security Shutters
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated Community, Phone Entry
  • 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: Elevator, Pool
  • Association Fee: 1092.0
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 33400800016000000001.2
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12538.0
  • Tax Lot: N/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2021
Sold by
Sutherland Peter and Sutherland Lorraine
Bought by
Sutherland P T P and Sutherland Lorraine
Current Estimated Value
$1,637,898

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 17, 2019
Sold by
Miller Rodney B and Miller Kimberly J
Bought by
Sutherland Peter and Sutherland Lorraine
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$1,375,000
Sold Price
$1,300,000
Premium/Discount to List
-$75,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%

Purchase Details

Listed on
Feb 3, 2017
Closed on
Apr 27, 2017
Sold by
Frank Jammie Lynne and Frank Timothy
Bought by
Miller Rodney B and Miller Kimberly J
Seller's Agent
Joan Cook
Dale Sorensen Real Estate Inc.
Buyer's Agent
Sally Daley
Douglas Elliman Florida LLC
List Price
$1,300,000
Sold Price
$1,185,000
Premium/Discount to List
-$115,000
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$650,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 2, 2008
Sold by
Hackman A James and Moonan Hackman Joan
Bought by
Frank Jamie Lynne
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
Sutherland P T P -- Accommodation
Sutherland Peter $1,300,000 None Available
Miller Rodney B $1,185,000 Attorney
Frank Jamie Lynne $1,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Rodney B $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2019 12/17/19 Sold $1,300,000 -5.5% $525 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $1,375,000 +16.0% $555 / Sq Ft
04/28/2017 04/28/17 Sold $1,185,000 -8.8% $478 / Sq Ft View Prior Sale
03/29/2017 03/29/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $1,300,000 -- $525 / Sq Ft
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 $17,671 $1,142,202 -- --
2024 $16,234 $1,142,202 -- --
2023 $16,234 $1,077,682 $0 $0
2022 $15,780 $1,046,293 $0 $0
2021 $15,601 $1,015,818 $0 $1,015,818
2020 $15,813 $1,015,818 $0 $1,015,818
2019 $12,538 $791,534 $0 $791,534
2018 $15,264 $899,470 $0 $899,470
2017 $10,485 $646,701 $0 $0
2016 $10,367 $633,400 $0 $0
2015 $10,625 $629,000 $0 $0
2014 $9,971 $572,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matilde Sorensen

    Seller's Agent in 2019

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    82 in this area

    220 Total Sales

    Matilde Sorensen
    Section Image

  • N

    Buyer's Agent in 2019

    NON-MLS AGENT

    NON MLS

  • J

    Seller's Agent in 2017

    Joan Cook

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    12 in this area

    37 Total Sales

    Joan Cook
    Section Image

  • B

    Seller Co-Listing Agent in 2017

    Bill Baysura

    Alex MacWilliam, Inc.

    7 in this area

    36 Total Sales

    Bill Baysura
    Section Image
  • Sally Daley

    Buyer's Agent in 2017

    Sally Daley

    Douglas Elliman Florida LLC

    (772) 538-4503

    59 in this area

    150 Total Sales

    Sally Daley
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 227181

APN: 33-40-08-00016-0000-00001.2

Florida Indian River County Vero Beach 32963 Central Vero Beach

1450 Ocean Dr Unit 1B, Vero Beach, FL

Not Listed for Sale

Condos

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