NOT LISTED FOR SALE

206 Ocean Way Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $5,333,000 - $7,229,729

4 Beds
7 Baths
6,300 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $3,750,000 $595 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $39,086/month

279 Days on Market

Highlights

  • Ocean Front
  • Steam Room
  • Free Form Pool
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • Marble Flooring

About This Home

As of December 2018

PRICED TO SELL TODAY! Reduced over $1million from original price. High ceilings. Exotic Brazilian cherry hardwood flrs, custom cook’s kitchen, mahogany library, all B.R. w/baths en suite. 3-car garage, elevator. Master BR suite w/custom 26x20 master closet. 121 ft Ocean Frontage over 1 acre. Plus a GIFT of private boat dock. Lovingly lived in and cared for. Sizes approx/subj to err.

Last Agent to Sell the Property

Grier McFarland

Dale Sorensen Real Estate Inc. License #3230588 Listed on: 02/05/2018

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,226

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 121x435
  • Ocean Front
  • West Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Shake Roof
  • Wood Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • 3 Fireplaces
  • Awning
  • Insulated Windows
  • Tinted Windows
  • Blinds
  • French Doors
  • Steam Room
  • Sauna
  • Ocean Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Free Form Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 33401600012001100001.0

Community Details

Overview

  • Association fees include common areas, reserve fund, security
  • Seagrove Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,226

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 121x435
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Seagrove
  • Directions: Seagrove, 2.2 mi S of 17th St Bridge. Enter gate, straight to Ocean Way. Rt. 2nd house on left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1989
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub, Steam Room
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Interior Amenities: Wet Bar, Closet Cabinetry, Elevator, Kitchen Island, Pantry, Split Bedrooms, Sauna, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Stories: 2
  • Window Features: Blinds, Impact Glass, Insulated Windows, None, Tinted Windows

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Free Form, Other, Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Awning(s), Balcony, Fence, Sprinkler/Irrigation, Outdoor Shower, Porch, Rain Gutters, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Air Conditioned Garage, Driveway, Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System Owned, Gated with Guard
  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutter(s)
  • Association Fee: 155.83
  • Pets Allowed: Yes, Number Limit

Fee Information

  • Association Fee Includes: Common Areas, Reserve Fund, Security

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 33401600012001100001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 26226.0
  • Tax Lot: 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Dec 11, 2018
Sold by
Mcfarland William C and Mcfarlan Grier K
Bought by
Macionis John J
Seller's Agent
Grier McFarland
Dale Sorensen Real Estate Inc.
List Price
$4,145,000
Sold Price
$3,750,000
Premium/Discount to List
-$395,000
-9.53%
Current Estimated Value
$6,580,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,830,682
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Feb 15, 2000
Sold by
Herd Crockett and Stalheber Judith Herd
Bought by
Mcfarland William C and Mcfarland Grier K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,000
Interest Rate
8.11%
Source: Public Records

Range of Values:

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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
Macionis John J $3,650,000 Attorney
Mcfarland William C $1,392,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macionis John J $2,000,000
Previous Owner Mcfarland William C $1,700,000
Previous Owner Mcfarland William C $1,307,227
Previous Owner Mcfarland William C $1,330,000
Previous Owner Mcfarland William C $100,000
Previous Owner Mcfarland William C $796,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $3,750,000 -9.5% $595 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $4,145,000 -- $658 / 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 $52,002 $3,989,291 -- --
2023 $52,002 $3,763,943 $0 $0
2022 $50,853 $3,654,314 $0 $0
2021 $51,137 $3,547,877 $0 $0
2020 $51,193 $3,498,892 $2,305,418 $1,193,474
2019 $52,819 $3,502,699 $2,299,310 $1,203,389
2018 $26,595 $1,755,366 $0 $0
2017 $26,481 $1,719,262 $0 $0
2016 $26,226 $1,683,900 $0 $0
2015 $27,177 $1,672,200 $0 $0
2014 $26,594 $1,658,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Grier McFarland

    Dale Sorensen Real Estate Inc.

    (772) 539-2925

    2 Total Sales

    Grier McFarland
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 200583

APN: 33-40-16-00012-0011-00001.0

Florida Indian River County Vero Beach 32963 South Beach

206 Ocean Way, Vero Beach, FL

This home is located at 206 Ocean Way, Vero Beach, FL 32963 since 05 February 2018 and is currently estimated at $6,580,682, approximately $1,044 per square foot. This property was built in 1989. 206 Ocean Way 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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