NOT LISTED FOR SALE

1700 Ocean Dr Unit 503 Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $752,000 - $1,048,000

2 Beds
2 Baths
1,370 Sq Ft
6.14 Acre Lot

Sale Details

Date Sold: January 3, 2024

Last sale price $990,000 $723 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,049 / mo

14 Days on Market

Highlights

  • Ocean Front
  • Pool
  • Furnished
  • Beachland Elementary School Rated A-
  • Marble Flooring
  • Elevator

About This Home

As of January 2024

Spectacular 5th Floor Penthouse ~ Complete renovation completed at the beginning of 2012 ~ Amazing views to the North & South as far as the eye can see ~ Chef's kitchen ~ Marble bathrooms ~ Modern, Stunning, & Glamorous decor ~ Two parking spaces (one inside garage) ~ Walk to town and great restaurants ~ Best and widest beach for walking and swimming in Vero ~ Premier condo in town with great views and appointments ~ Rare opportunity!

Last Agent to Sell the Property

Patty King Rennick

Rennick Real Estate Brokerage Phone: 772-562-5015 License #3030623 Listed on: 09/06/2023

Rennick Real Estate

Last Buyer's Agent

Dan Downey

One Sotheby's Int'l Realty License #3069731

One Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,743

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 1 Car Garage
  • Uncovered Parking
  • Assigned Parking

Interior Spaces

  • 1,370 Sq Ft Home
  • Furnished
  • Window Treatments
  • Sliding Doors
  • Marble Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

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 33400500025000000503.0

Community Details

Overview

  • Association fees include common areas, HVAC, insurance, maintenance structure, reserve fund, sewer, trash, water
  • Elliott Merrill Association
  • Sea Cove Subdivision
  • 5-Story Property

Amenities

  • Trash Chute
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,743

Year Built

Built in 1982

Lot Details

6.14 Acres

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: Sea Cove
  • Directions: 17th Street bridge to Ocean Drive, turn right on Ocean
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Year Built: 1982
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-562-5015
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Marble
  • Living Area: 1370.0
  • Stories: 5
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: No Smoking
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Other

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage, One Space, Uncovered

Utilities

  • Laundry Features: In Unit
  • Security: Key Card Entry, Smoke Detector(s)
  • Green Building Features: Reception Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Trash Chute, Pool
  • Association Fee: 724.1
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 33400500025000000503.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8743.0
  • Tax Lot: 0
  • Tax Year: 2022

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

Closed on
Aug 25, 2025
Sold by
Bought by
Current Estimated Value
$902,908

Purchase Details

Listed on
Sep 6, 2023
Closed on
Jan 2, 2024
Sold by
Bought by
Seller's Agent
Patty King Rennick
Rennick Real Estate
Buyer's Agent
Dan Downey
One Sotheby's Int'l Realty
List Price
$1,025,000
Sold Price
$990,000
Premium/Discount to List
-$35,000
-3.41%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.51%

Purchase Details

Closed on
Dec 17, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2000
Sold by
Bought by
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
-- None Listed On Document
$990,000 None Listed On Document
$340,000 Elite Title Of The Treasure
-- --
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
01/03/2024 01/03/24 Sold $990,000 -3.4% $723 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $1,025,000 -- $748 / 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 $13,094 $814,268 $814,268
2024 $10,300 $814,268 $814,268
2023 $10,300 $557,982 $0 $0
2022 $8,743 $629,459 $0 $629,459
2021 $7,427 $461,142 $0 $461,142
2020 $7,456 $461,142 $0 $461,142
2019 $7,188 $452,100 $0 $452,100
2018 $6,943 $452,100 $0 $452,100
2017 $6,587 $434,350 $0 $0
2016 $5,451 $310,250 $0 $0
2015 $5,562 $310,250 $0 $0
2014 $4,895 $282,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Patty King Rennick

    Rennick Real Estate

    (772) 562-5015

    13 in this area

    13 Total Sales

    Patty King Rennick
    Section Image
  • Dan Downey

    Buyer's Agent in 2024

    Dan Downey

    One Sotheby's Int'l Realty

    (772) 713-6314

    41 in this area

    75 Total Sales

    Dan Downey
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 271109

APN: 33-40-05-00025-0000-00503.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

1700 Ocean Dr Unit 503, Vero Beach, FL

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