NOT LISTED FOR SALE

Estimated Value: $8,409,163

6 Beds
8.5 Baths
12,750 Sq Ft
$660/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2020

Last sale price $5,200,000 $408 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $60,075 / mo

407 Days on Market

Highlights

  • Ocean Front
  • Steam Room
  • 1.38 Acre Lot
  • Beachland Elementary School Rated A-
  • Gas Heated Pool
  • Deck

About This Home

As of December 2020

OCEANFRONT MASTERPIECE IN RIOMAR! This incredible DIRECT OCEANFRONT home sits on approx 1.4 Private acres with a preserve to the South Side to give you excellent privacy! The home itself is nearly 12,750 Total Sq Ft and approx 8400 Living sq ft which includes a 8+ Car garage/Workshop, 12 Seat Home Theater, Beach Volleyball court , full exercise room, incredible resort pool & more!

Last Agent to Sell the Property

Joseph Sabato

Keller Williams Realty of TC License #3142347 Listed on: 09/20/2019

Keller Williams Realty of TC

Last Buyer's Agent

Chris Dold

Engel & Voelkers Vero Beach License #3273980

Engel & Voelkers Vero Beach
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,699

Year Built

  • Built in 2000

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 100x604
  • Ocean Front
  • West Facing Home
  • Fenced
  • Sprinkler System
  • Additional Land

Parking

  • 4 Car Attached Garage
  • Driveway
  • Paver Block

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 12,750 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Crown Molding
  • High Ceiling
  • 2 Fireplaces
  • Tinted Windows
  • Steam Room
  • Sauna
  • Ocean Views
  • Fire Sprinkler System

Kitchen

  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Gas Heated Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Power Generator

Community Details

  • Riomar Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 33400500003007000020.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,699

Year Built

Built in 2000

Lot Details

1.38 Acres

Parking

4

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 1.38
  • Lot Size: 100x604
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar
  • Directions: A1A to E Causeway Blvd, left of Club Dr, right on Tulip. Left on Ocean Dr, Home is on the right
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 2000
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-419-0400
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub, Steam Room
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Amenities: Closet Cabinetry, Crown Molding, Elevator, High Ceilings, Kitchen Island, Pantry, Sauna, Walk-In Closet(s), Central Vacuum
  • Living Area: 12750.0
  • Stories: 3
  • Window Features: Impact Glass, Tinted Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: 1-3 Acres, Additional Land Available
  • Pool Features: Gas Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony, Deck, Fence, Sprinkler/Irrigation, Outdoor Kitchen, Outdoor Shower, Porch, Patio, Rain Gutters, Propane Tank - Owned
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Driveway, Paver Block

Utilities

  • Laundry Features: Laundry Tub, In Unit
  • Security: Fire Sprinkler System
  • Cooling: Central Air, 3+ Units, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Gutter(s)
  • Association Name: NONE
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33400500003007000020.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 86699.0
  • Tax Lot: 20
  • Tax Year: 2018

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
Apr 26, 2021
Sold by
1736 Ocean Llc
Bought by
Current Estimated Value
$8,409,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 20, 2019
Closed on
Dec 1, 2020
Sold by
Dipaola Thomas S and Dipaola Mary T
Bought by
1736 Ocean Llc
Seller's Agent
Joseph Sabato
Keller Williams Realty of TC
Buyer's Agent
Chris Dold
Engel & Voelkers Vero Beach
List Price
$6,375,000
Sold Price
$5,200,000
Premium/Discount to List
-$1,175,000
-18.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$2,000,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 22, 2019
Closed on
Sep 5, 2019
Sold by
Dls Florida Llc
Bought by
Dipaola Thomas S and Dipaola Mary T
List Price
$6,990,000
Sold Price
$5,700,000
Premium/Discount to List
-$1,290,000
-18.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.14%
Original Mortgage
$3,420,000
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2014
Sold by
Cote Stephane
Bought by
Dls Florida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2012
Sold by
Ponaco Limited Partnership
Bought by
Cote Stephane

Purchase Details

Closed on
Feb 18, 2011
Sold by
Simpson Mason and Simpson Cheryl R
Bought by
Ponaco Limited Partnership

Purchase Details

Closed on
Mar 23, 2001
Sold by
Simpson Mason
Bought by
Simpson Mason and Simpson Cheryl
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$5,950,000 Attorney
1736 Ocean Llc $5,200,000 Attorney
Dipaola Thomas S $5,700,000 Liberty Title Co Of Amer Inc
Dls Florida Llc -- Attorney
Cote Stephane -- Attorney
Ponaco Limited Partnership $7,000,000 Attorney
Simpson Mason $1,621,000 --
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 $3,640,000
Closed Tas 1736 Ocean Llc $3,000,000
Previous Owner 1736 Ocean Llc $2,000,000
Previous Owner Dipaola Thomas S $3,420,000
Previous Owner Dls Florida Llc $250,000
Previous Owner Dls Florida Llc $250,000
Previous Owner Dls Florida Llc $2,000,000
Previous Owner Simpson Mason $5,500,000
Previous Owner Simpson Mason $3,000,000
Previous Owner Simpson Mason $750,000
Previous Owner Simpson Mason $2,850,000
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 Prior Sale
12/01/2020 12/01/20 Sold $5,200,000 +14757.1% $408 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
07/20/2020 07/20/20 Rented $35,000 +7.7% --
06/20/2020 06/20/20 Under Contract -- -- --
03/21/2020 03/21/20 For Rent $32,500 0.0% --
09/20/2019 09/20/19 For Sale $6,375,000 +11.8% $500 / Sq Ft
09/05/2019 09/05/19 Sold $5,700,000 -18.5% $711 / Sq Ft View Prior Sale
08/06/2019 08/06/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $6,990,000 -- $872 / 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 $151,208 $10,036,658 $4,245,750 $5,790,908
2024 $118,637 $9,334,945 $4,245,750 $5,089,195
2023 $118,637 $7,597,620 $0 $0
2022 $107,722 $6,906,927 $3,442,500 $3,464,427
2021 $77,673 $4,881,062 $1,836,000 $3,045,062
2020 $86,182 $5,341,822 $1,530,000 $3,811,822
2019 $88,609 $5,341,920 $1,530,000 $3,811,920
2018 $86,699 $5,131,433 $1,530,000 $3,601,433
2017 $86,092 $5,016,774 $0 $0
2016 $84,464 $4,990,460 $0 $0
2015 $77,785 $4,346,060 $0 $0
2014 $66,963 $4,021,210 $0 $0
Source: Public Records

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 225822

APN: 33-40-05-00003-0070-00020.0

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