NOT LISTED FOR SALE

2214 E Ocean Oaks Ln Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $3,188,265 - $3,389,000

1.1 Acres
$3,011,293 Price per Acre
47,916 Sq Ft Lot

Last Sold March 20, 2020

Last sale price $1,750,000

Est. 89% increase in value since last sale

Current estimated payment $20,181/month

248 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Paved or Partially Paved Lot
  • Beachland Elementary School Rated A-
  • 1.1 Acre Lot

About This Lot

As of March 2020

1.1 acre oceanfront lot with 122 ft. of ocean frontage. Rare oceanfront lot with wide width and abundant buildable area. Deed restricted and gated community on south A1A. Seller has survey and soil tests. Wide beach for sun and fun. Pretty community with lots of trees and rolling terrain. Near St. Ed's School and Round Island Park for river access.

Last Agent to Sell the Property

Chip Landers

Berkshire Hathaway Florida License #0493976 Listed on: 06/15/2019

Berkshire Hathaway Florida

Last Buyer's Agent

Chip Landers

Berkshire Hathaway Florida License #0493976 Listed on: 06/15/2019

Berkshire Hathaway Florida

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,183

Lot Details

  • 1.1 Acre Lot
  • Beach Front
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RS3

HOA Fees

  • $198 Monthly HOA Fees

Property Views

  • Ocean Views

Community Details

  • Ocean Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33403400004000000008.0

Property Details

Property Type

Land

Est. Annual Taxes

$28,183

Lot Details

0

HOA Fees

$198 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South A1A to Ocean Oaks then East thru gate to NE corner of community.
  • Special Features: VirtualTour

Exterior Features

  • View: Ocean
  • Lot Features: Beach Front
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Deed Restriction

Condo/Co-op/Association

  • Association Fee: 198.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 33403400004000000008.0
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.1
  • Lot Size: 142
  • Lot Size Sq Ft: 48352.0
  • Zoning Description: RS3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 28183.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
West Southwest Llc
Bought by
Waters Edge At Ocean Oaks Llc
Current Estimated Value
$3,312,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Outstanding Balance
$2,953,176
Interest Rate
2.6%
Mortgage Type
Construction
Estimated Equity
$234,789

Purchase Details

Closed on
Jun 22, 2020
Sold by
Cp Water Llc
Bought by
West South East Llc

Purchase Details

Listed on
Jun 15, 2019
Closed on
Mar 20, 2020
Sold by
Reitano Richard and Reitano Kathy A
Bought by
Cp Water Llc
Seller's Agent
Chip Landers
Berkshire Hathaway Florida
Buyer's Agent
Chip Landers
Berkshire Hathaway Florida
List Price
$2,195,000
Sold Price
$1,750,000
Premium/Discount to List
-$445,000
-20.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
Sep 7, 1999
Sold by
D-Y Assoc Inc
Bought by
Reitano Richard and Reitano Kathy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.73%
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
Waters Edge At Ocean Oaks Llc -- Attorney
West South East Llc $2,075,000 Attorney
Cp Water Llc $1,750,000 None Available
Reitano Richard $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Edge At Ocean Oaks Llc $3,300,000
Previous Owner Reitano Richard $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $1,750,000 -20.3% --
02/19/2020 02/19/20 Pending -- -- --
06/15/2019 06/15/19 For Sale $2,195,000 -- --
Source: BeachesMLS

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 $29,064 $2,204,105 $2,204,105 --
2023 $29,064 $2,001,861 $0 $0
2022 $25,527 $1,819,874 $1,819,874 $0
2021 $24,060 $1,655,204 $1,655,204 $0
2020 $24,432 $1,655,204 $1,655,204 $0
2019 $29,123 $2,103,077 $2,103,077 $0
2018 $28,183 $2,103,077 $2,103,077 $0
2017 $25,250 $1,787,615 $0 $0
2016 $24,506 $1,787,620 $0 $0
2015 $20,035 $1,209,270 $0 $0
2014 $18,610 $1,138,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chip Landers

    Seller's Agent in 2020

    Chip Landers

    Berkshire Hathaway Florida

    (772) 473-7888

    4 in this area

    166 Total Sales

    Chip Landers
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Map

Source: BeachesMLS

MLS Number: R10539061

BeachesMLS

APN: 33-40-34-00004-0000-00008.0

Florida Indian River County Vero Beach 32963 South Beach

2214 E Ocean Oaks Ln, Vero Beach, FL

This home is located at 2214 E Ocean Oaks Ln, Vero Beach, FL 32963 since 15 June 2019 and is currently estimated at $3,312,422. 2214 E Ocean Oaks Ln is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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