NOT LISTED FOR SALE

1825 U S Highway 1 Vero Beach, FL 32960

Estimated Value: $4,003,277

3.75 Acres
$1,067,541 Price per Acre
163,350 Sq Ft Lot

Last Sold November 10, 2015

Last sale price $1,500,000

Est. 167% increase in value since last sale

Current estimated payment $25,311/month

155 Days on Market

About This Lot

As of November 2015

Property consists of 18 separate parcels which are listed at land value. All parcels comprise one full city block. The Northern Block is also owned by Scripps and is offered as well for $1,750,000. Incredible redevelopment opportunity allowing the ability to purchase Approximately 7.5 acres with over 550' frontage alone US 1. All sizes are approximate and subject to error.

Last Agent to Sell the Property

Carl Sciara

Dale Sorensen Real Estate Inc. License #0704862 Listed on: 05/08/2015

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Ron Rennick

Rennick Real Estate License #0343454

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,764

Lot Details

  • 3.75 Acre Lot
  • 19 Lots in the community
  • Zoning described as Commercial

Utilities

  • Cable TV Available

Community Details

  • Palm Add To Vero Bea Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 33390100015000000023.0

Property Details

Property Type

Land

Est. Annual Taxes

$16,764

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.75
  • Road Surface Type: Paved
  • Subdivision Name: PALM ADD TO VERO BEA
  • Directions: US Highway 1 south to 1825 US Highway 1 property is one city block and includes 18 parcels which are included in the sale. Some rezoning on the back 2.5 acres will be required to rede
  • Attribution Contact: 772-234-3801
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: 3-5 Acres
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Connected, Not Connected
  • Utilities: Cable Available
  • Water Source: Connected, Not Connected, Public

Condo/Co-op/Association

  • Community Features: Curbs, Storm Drain(s)

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 160012.0
  • Number Of Lots: 19
  • Parcel #: 33390100015000000023.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16764.0
  • Tax Block: 0000
  • Tax Lot: 23
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Tran Phong Duc
Bought by
Veterinary Medical Center Of Indian River Cou
Current Estimated Value
$4,003,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$1,944,033
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Veterinary Medical Center Of Indian River Cou -- None Listed On Document
Veterinary Medical Center Of Indian River Cou -- None Listed On Document
Veterinary Meadical Ctr Of Indian River -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veterinary Medical Center Of Indian River Cou $2,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2015 11/10/15 Sold $1,500,000 -14.3% --
10/11/2015 10/11/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $1,750,000 -- --
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
2022 $113 $7,225 $7,225 $0
2021 $115 $7,225 $7,225 $0
2020 $116 $7,225 $7,225 $0
2019 $120 $7,225 $7,225 $0
2018 $122 $7,225 $7,225 $0
2017 $124 $7,225 $0 $0
2016 $125 $7,230 $0 $0
2015 $129 $7,230 $0 $0
2014 $118 $6,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carl Sciara

    Seller's Agent in 2015

    Carl Sciara

    Dale Sorensen Real Estate Inc.

    (772) 231-6144

    4 in this area

    7 Total Sales

    Carl Sciara
    Section Image
  • Ron Rennick

    Buyer's Agent in 2015

    Ron Rennick

    Rennick Real Estate

    (772) 696-4670

    23 in this area

    142 Total Sales

    Ron Rennick
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 155472

APN: 33-39-01-00015-0000-00023.0

Florida Indian River County Vero Beach 32960

1825 U S Highway 1, Vero Beach, FL

This home is located at 1825 U S Highway 1, Vero Beach, FL 32960 since 08 May 2015 and is currently priced at $4,003,277. 1825 U S Highway 1 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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