$1,380,000
SOLD NOV 6, 2024

1503 Ocean Dr Unit 3 Vero Beach, FL 32963

3 Beds
3.5 Baths
2,982 Sq Ft
1,612 Sq Ft Lot

Recently Sold

$463 Per Sq Ft

34% Below List Price

245 Days on Market

Highlights

  • Ocean View
  • Heated Pool
  • Wood Flooring
  • Beachland Elementary School Rated A-
  • Gated Community
  • Attic

About This Home

As of November 2024

Timeless but casual elegance best describes this beautiful home. Deeded beach access, heated community pool and a perfect location close to restaurants and The Beach Shopping area make this a perfect vacation location. Three floors, three bedrooms and an office/den provide privacy and room for family and guests.

Last Agent to Sell the Property

Beth Rahaley

Cliff Norris Real Estate Brokerage Phone: 772-231-5595 License #0659401 Listed on: 02/26/2024

Co-Listed By

David Ashcroft

Cliff Norris Real Estate Brokerage Phone: 772-231-5595 License #3109609

Last Buyer's Agent

David Ashcroft

Cliff Norris Real Estate Brokerage Phone: 772-231-5595 License #3109609

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,611

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 71x42
  • East Facing Home
  • Fenced

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Garden

Home Design

  • Tile Roof

Interior Spaces

  • 2,982 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Crown Molding
  • Window Treatments
  • Casement Windows
  • French Doors
  • Pull Down Stairs to Attic

Kitchen

  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 33400800018000200003.0

Community Details

Overview

  • Association fees include common areas, security
  • Village By The Sea Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,611

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 71X42
  • Co List Office Mls Id: 0361
  • Co List Office Phone: 772-231-5595
  • Ownership: Single Family/Other
  • Subdivision Name: Village by the Sea
  • Directions: Take Causeway Blvd. to Ocean Drive. Turn south on Ocean Drive to 1503. Park in front of home on the east side of the street.
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 2007
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-5595
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Cooktop, Down Draft, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Slate, Wood
  • Interior Amenities: Attic, Closet Cabinetry, Crown Molding, Elevator, Kitchen Island, Pull Down Attic Stairs, Split Bedrooms, French Door(s)/Atrium Door(s)
  • Living Area: 2982.0
  • Stories: 3
  • Window Features: Casement Window(s), Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Garden, Ocean
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony, Fence, Propane Tank - Owned
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 500.0
  • Association Name: Self Managed
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33400800018000200003.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15611.0
  • Tax Lot: 3
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Nov 6, 2024
Sold by
Eaton Melinda M
Bought by
Bowler Leo J and Ford Michelle
Seller's Agent
Beth Rahaley
Cliff Norris Real Estate
Buyer's Agent
David Ashcroft
Cliff Norris Real Estate
List Price
$2,100,000
Sold Price
$1,380,000
Premium/Discount to List
-$720,000
-34.29%
Views
69
Current Estimated Value
$1,472,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,670
Avg. Annual Appreciation
7.40%

Purchase Details

Listed on
Jan 31, 2019
Closed on
Jun 5, 2019
Sold by
Coffey Douglas W and Coffey Dori M
Bought by
Easton Melinda M
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Beth Rahaley
Cliff Norris Real Estate
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%

Purchase Details

Closed on
Apr 19, 2007
Sold by
Triple Crown Development Co Inc
Bought by
Coffey Douglas W and Coffey Dori M
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,380,000 None Listed On Document
Warranty Deed $1,380,000 None Listed On Document
Warranty Deed $1,200,000 Attorney
Warranty Deed $1,349,600 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2024 11/06/24 Sold $1,380,000 -7.7% $463 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $1,495,000 -9.4% $501 / Sq Ft
05/06/2024 05/06/24 Price Changed $1,650,000 -9.6% $553 / Sq Ft
04/18/2024 04/18/24 Price Changed $1,825,000 -8.5% $612 / Sq Ft
03/16/2024 03/16/24 Price Changed $1,995,000 -5.0% $669 / Sq Ft
02/28/2024 02/28/24 For Sale $2,100,000 +75.0% $704 / Sq Ft
06/05/2019 06/05/19 Sold $1,200,000 -17.2% -- View Prior Sale
05/06/2019 05/06/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $1,450,000 -- --
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
2024 $15,611 $2,043,490 -- $2,043,490
2023 $15,611 $1,037,560 $0 $0
2022 $15,173 $1,007,340 $0 $0
2021 $15,000 $978,000 $0 $978,000
2020 $15,850 $978,000 $0 $978,000
2019 $10,619 $675,643 $0 $0
2018 $10,601 $663,045 $0 $0
2017 $10,531 $649,407 $0 $0
2016 $10,413 $636,050 $0 $0
2015 $10,672 $631,630 $0 $0
2014 $10,244 $626,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Beth Rahaley

    Cliff Norris Real Estate

    (772) 766-0227

    3 in this area

    14 Total Sales

    Beth Rahaley
    Section Image

  • D

    Seller Co-Listing Agent in 2024

    David Ashcroft

    Cliff Norris Real Estate

    (888) 492-1002

    2 in this area

    12 Total Sales

    David Ashcroft
    Section Image
  • Matilde Sorensen

    Seller's Agent in 2019

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    79 in this area

    246 Total Sales

    Matilde Sorensen
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 275792

APN: 33-40-08-00018-0002-00003.0

Florida Indian River County Vero Beach 32963

1503 Ocean Dr Unit 3, Vero Beach, FL

This home is located at 1503 Ocean Dr Unit 3, Vero Beach, FL 32963 and is currently priced at $1,380,000, approximately $462 per square foot. This property was built in 2007. 1503 Ocean Dr Unit 3 is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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