NOT LISTED FOR SALE

1807 Ocean Dr Vero Beach, FL 32963

Estimated Value: $3,332,090 - $3,982,000

1 Bed
1 Bath
820 Sq Ft
$4,530/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $3,275,000 $3,994 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $21,917/month

224 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Laundry closet
  • Beachland Elementary School Rated A-
  • Views
  • Tile Flooring

About This Home

As of January 2023

Historic Riomar building site directly across from the ocean & neighborhood beach access. Live in this updated 1BR/1BA cottage while you build your dream home on this large 150x150 1/2-acre corner lot. 2 story home would offer the potential for ocean views. Moments to Vero Beach's beachside shops & dining. Conceptual elevation & Floor Plan that could be built. Sizes approx/subj to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 04/29/2022

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 04/29/2022

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,702

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 150x150
  • East Facing Home
  • Corner Lot

Parking

  • Driveway

Home Design

  • Tile Roof

Interior Spaces

  • 820 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Riomar Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 33400500004009000008.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,702

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 150x150
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar
  • Directions: East on lady Bug Ln off Club Drive to 1807 on right. The corner of Ocean Drive & Lady Bug Ln.
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2002
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Pantry
  • Living Area: 820.0
  • Stories: 1
  • Window Features: None
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Corner Lot, 1/2 to 1 Acre Lot
  • Pool Features: None
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: N/A
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33400500004009000008.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13702.0
  • Tax Lot: 8
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jan 9, 2023
Sold by
Cafr Investments Llc
Bought by
James P Broom Revocable Trust
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$3,900,000
Sold Price
$3,275,000
Premium/Discount to List
-$625,000
-16.03%
Current Estimated Value
$3,714,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,523
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
May 11, 2021
Closed on
May 11, 2021
Sold by
Paull Kenneth A
Bought by
Cafr Investments Llc
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$2,950,000
Sold Price
$2,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 15, 2018
Sold by
Mcdonnell Thomas M
Bought by
Paull Kenneth A
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$1,950,000
Sold Price
$1,675,000
Premium/Discount to List
-$275,000
-14.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.62%

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 13, 2018
Sold by
Mcdonnell James E
Bought by
Paull Kenneth A
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$1,950,000
Sold Price
$1,675,000
Premium/Discount to List
-$275,000
-14.1%

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 12, 2018
Sold by
Hindsley Pamela Mcdonnell
Bought by
Paul Kenneth A
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$1,950,000
Sold Price
$1,675,000
Premium/Discount to List
-$275,000
-14.1%

Purchase Details

Closed on
Apr 22, 2016
Sold by
Mcdonnell James E and Mcdonnell James E
Bought by
Mcdonnell Ii James E
Source: Public Records

Range of Values:

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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
James P Broom Revocable Trust $3,275,000 --
Cafr Investments Llc $2,950,000 Oceanside Title & Escrow
Paull Kenneth A -- Attorney
Paull Kenneth A $1,675,000 Attorney
Paull Kenneth A -- Attorney
Paul Kenneth A -- Attorney
Mcdonnell Ii James E -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $3,275,000 -16.0% $3,994 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $3,900,000 +32.2% $4,756 / Sq Ft
05/13/2021 05/13/21 Sold $2,950,000 0.0% $1,026 / Sq Ft
05/11/2021 05/11/21 For Sale $2,950,000 +76.1% $1,026 / Sq Ft
03/16/2018 03/16/18 Sold $1,675,000 -14.1% $583 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
11/09/2017 11/09/17 For Sale $1,950,000 -- $678 / 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
2024 $25,528 $2,691,592 $1,991,391 $700,201
2023 $25,528 $1,003,861 $0 $0
2022 $14,362 $912,601 $870,188 $42,413
2021 $13,702 $854,033 $669,375 $184,658
2020 $13,921 $856,314 $669,375 $186,939
2019 $14,306 $856,314 $669,375 $186,939
2018 $6,798 $435,927 $0 $0
2017 $6,746 $426,961 $0 $0
2016 $6,665 $418,180 $0 $0
2015 $6,831 $415,280 $0 $0
2014 $6,548 $411,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matilde Sorensen

    Seller's Agent in 2023

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    81 in this area

    250 Total Sales

    Matilde Sorensen
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 254030

APN: 33-40-05-00004-0090-00008.0

Florida Indian River County Vero Beach 32963

1807 Ocean Dr, Vero Beach, FL

This home is located at 1807 Ocean Dr, Vero Beach, FL 32963 since 29 April 2022 and is currently estimated at $3,714,523, approximately $4,529 per square foot. This property was built in 2002. 1807 Ocean Dr 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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