NOT LISTED FOR SALE

1508 Ocean Dr Unit 2B Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $773,000 - $1,757,000

3 Beds
3 Baths
2,052 Sq Ft
5,663 Sq Ft Lot

Last Sold February 02, 2016

Last sale price $874,000 $426 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $9,235/month

234 Days on Market

Highlights

  • Ocean Front
  • Gas Heated Pool
  • Elevator
  • Beachland Elementary School Rated A-
  • Roman Tub
  • Balcony

About This Home

As of February 2016

Direct oceanfront 3 bedroom condo on one of Vero's finest beach! 2nd floor unit with crown moldings, large kitchen with ocean views, walk in closets, and laundry room with utility sink. Oceanfront covered balcony. Heated community pool. Private 2 car garage. Furnishings available. All sizes approx. and subject to error.

Last Agent to Sell the Property

Kay Brown

Premier Estate Properties License #0189216 Listed on: 05/13/2015

Last Buyer's Agent

Eddie Branigan

Engel & Voelkers Vero Beach License #3324246

Engel & Voelkers Vero Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,837

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Blinds
  • French Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Gas 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 33400800015000000002.2

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, trash, water
  • Colony Club Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,837

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: COLONY CLUB
  • Directions: A1A south to 17th Street Causeway head east to Ocean Drive South to Colony Club Unit #202
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1998
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Bathtub, Crown Molding, Garden Tub/Roman Tub, French Door(s)/Atrium Door(s)
  • Stories: 3
  • Window Features: Blinds, Single Hung, Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Gas 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, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony, Storm/Security Shutters
  • Roof: Other, Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • 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: 724.0
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Trash, Water

Lot Info

  • Parcel #: 33400800015000000002.2
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9837.0
  • Tax Lot: 0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
Feb 1, 2016
Sold by
Wade William T and Wade Janet M
Bought by
Moore Peter Roy and Croasdale Moore Maureen
Seller's Agent
Kay Brown
Premier Estate Properties
Buyer's Agent
Eddie Branigan
Engel & Voelkers Vero Beach
List Price
$1,010,000
Sold Price
$874,000
Premium/Discount to List
-$136,000
-13.47%
Current Estimated Value
$1,473,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,343
Avg. Annual Appreciation
5.44%
Original Mortgage
$417,000
Outstanding Balance
$330,749
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$1,142,594
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Moore Peter Roy $874,000 Elite Title Of The Treasure
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Peter Roy $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2016 02/02/16 Sold $874,000 -13.5% $426 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
05/13/2015 05/13/15 For Sale $1,010,000 -- $492 / Sq Ft
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 $17,815 $1,151,324 -- --
2024 $16,368 $1,151,324 -- --
2023 $16,368 $1,086,288 $0 $0
2022 $15,910 $1,054,649 $0 $1,054,649
2021 $13,976 $873,416 $0 $873,416
2020 $14,165 $873,416 $0 $873,416
2019 $14,275 $856,290 $0 $856,290
2018 $14,536 $856,290 $0 $856,290
2017 $14,758 $856,290 $0 $0
2016 $12,359 $744,600 $0 $0
2015 $11,168 $620,500 $0 $0
2014 $9,837 $564,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kay Brown

    Premier Estate Properties

    (772) 321-8626

    31 in this area

    65 Total Sales

    Kay Brown
    Section Image

  • E

    Buyer's Agent in 2016

    Eddie Branigan

    Engel & Voelkers Vero Beach

    (772) 633-8882

    17 in this area

    45 Total Sales

    Eddie Branigan
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 155595

APN: 33-40-08-00015-0000-00002.2

Florida Indian River County Vero Beach 32963 Central Vero Beach

1508 Ocean Dr Unit 2B, Vero Beach, FL

Not Listed for Sale

Condos

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