NOT LISTED FOR SALE

South Cove 1480 Ocean Dr Unit 5D Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $587,000 - $835,000

2 Beds
2 Baths
1,460 Sq Ft
3.14 Acres Lot

Sale Details

Date Sold: May 3, 2016

Last sale price $435,000 $298 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,452 / mo

156 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Gated Community
  • Beachland Elementary School Rated A-
  • Pool
  • Clubhouse

About This Home

As of May 2016

Top floor with amazing views of ocean. Exquisitely redone unit with attention to every detail. Tile flooring throughout. New A/C in 2014 & new washer/dryer in July 2015. Gated complex with keyed entry. Clubhouse. Exercise Room. Pool. Private beach access.

Last Buyer's Agent

Debbie Bell

Berkshire Hathaway Florida License #0672183

Berkshire Hathaway Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • West Facing Home

Home Design

  • Stucco

Interior Spaces

  • Crown Molding
  • Window Treatments
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Assigned Parking

Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33400500018005000000.4

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, sewer, trash, water
  • South Cove Condo Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,341

Year Built

Built in 1975

Lot Details

3.14 Acres

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: South Cove Condo
  • Directions: South A1A to Causeway Blvd. East on Causeway Blvd to Ocean Drive. Right on Ocean Dr. to 1480 Ocean Drive.
  • Architectural Style: Multi-Level
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Year Built: 1975
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-7741
  • Special Features: None
  • Stories: 5

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Crown Molding
  • Stories: 5
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure, Pet Restrictions
  • Construction Type: Stucco
  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Other

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Carport, One Space

Utilities

  • Laundry Features: In Unit
  • Security: Gated Community, Phone Entry, 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: Clubhouse, Elevator, Fitness, Pool
  • Association Fee: 1304.0
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Sewer, Trash, Water

Lot Info

  • Parcel #: 33400500018005000000.4
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4341.0
  • Tax Lot: 0
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2015
Closed on
May 3, 2016
Sold by
Bought by
Buyer's Agent
Debbie Bell
Berkshire Hathaway Florida
List Price
$479,000
Sold Price
$435,000
Premium/Discount to List
-$44,000
-9.19%
Current Estimated Value
$679,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,132
Avg. Annual Appreciation
4.49%
Original Mortgage
$271,000
Outstanding Balance
$213,404
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$465,728

Purchase Details

Closed on
Feb 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,300
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$435,000 Elite Title Of The Treasure
$395,000 Security First Title & Escro
$345,000 None Available
-- Attorney
$579,000 Elite Title Of The Treasure
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $271,000
Previous Owner $276,000
Previous Owner $405,300
Closed $115,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2016 05/03/16 Sold $435,000 -9.2% $298 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $479,000 -- $328 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,487 $637,954 -- $637,954
2024 $7,867 $637,954 -- $637,954
2023 $7,867 $461,591 $0 $0
2022 $6,725 $432,598 $0 $432,598
2021 $6,162 $381,480 $0 $381,480
2020 $6,240 $381,480 $0 $381,480
2019 $6,286 $374,000 $0 $374,000
2018 $6,398 $374,000 $0 $374,000
2017 $6,492 $374,000 $0 $0
2016 $4,419 $290,490 $0 $0
2015 $4,530 $288,480 $0 $0
2014 $4,341 $286,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Buyer's Agent in 2016

    Debbie Bell

    Berkshire Hathaway Florida

    (772) 473-7255

    20 in this area

    122 Total Sales

    Debbie Bell
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About South Cove

Map

Source: REALTORS® Association of Indian River County

MLS Number: 163701

APN: 33-40-05-00018-0050-00000.4

Florida Indian River County Vero Beach 32963 Central Vero Beach

1480 Ocean Dr Unit 5D, Vero Beach, FL

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