NOT LISTED FOR SALE

231 Binnacle Point Vero Beach, FL 32963

South Beach Area

Estimated Value: $5,043,000 - $5,528,209

5 Beds
5.5 Baths
5,682 Sq Ft
$928/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2020

Last sale price $2,900,000 $510 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $33,695 / mo

90 Days on Market

Highlights

  • Beach Access
  • Intracoastal View
  • Pool
  • Home fronts navigable water
  • Gated with Attendant
  • Marble Flooring

About This Home

As of October 2020

The perfect balance of luxury & casual coastal living combine with stunning water views & location in this exquisite home. 4BR, 4.5BA in main house; 1BR,1BA guest house & over 238 ft. of deep water frontage! Recent renovations include all new A/Cs, ductwork, gourmet kitchen, master bath & air conditioned garage. 24HR guard gated community with private beach access.

Last Agent to Sell the Property

Erika Ross

The Moorings Realty Sales Co. License #3204519 Listed on: 06/21/2020

Last Buyer's Agent

Erika Ross

The Moorings Realty Sales Co. License #3204519 Listed on: 06/21/2020

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,085

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 143x171
  • Home fronts navigable water
  • River Front
  • Cul-De-Sac
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • River
  • Canal

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 5,682 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • 3 Fireplaces
  • Blinds
  • French Doors

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Outdoor Features

  • Heated Pool
  • Beach Access
  • Access To Intracoastal Waterway
  • Canal Access
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 33402100008000000131.0

Community Details

Overview

  • Association fees include common areas, reserve fund, security
  • Elliott Merrill Association
  • Anchor The Moorings Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,085

Year Built

Built in 1991

Lot Details

0.5 Acres

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 143x171
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: ANCHOR THE MOORINGS
  • Directions: From 17th St. Bridge, south on Hwy. A1A to The Moorings. West on Regatta Drive. Right on Springline Drive to Anchor Guard house. Guard will direct.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1991
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Elevator, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 5682.0
  • Stories: 2
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Canal, Intercoastal, River
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, Navigable Water, River Front, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub
  • Security: Security System Owned, Gated with Guard, Security 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: Basketball Court, Other, Playground, Tennis Court(s), Gutter(s)
  • Association Fee: 233.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 33402100008000000131.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 33085.0
  • Tax Lot: 131
  • Tax Year: 2019

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

Listed on
Jun 21, 2020
Closed on
Oct 20, 2020
Sold by
Bought by
Seller's Agent
Erika Ross
The Moorings Realty Sales Co.
Buyer's Agent
Erika Ross
The Moorings Realty Sales Co.
List Price
$3,195,000
Sold Price
$2,900,000
Premium/Discount to List
-$295,000
-9.23%
Current Estimated Value
$5,274,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,374,070
Avg. Annual Appreciation
10.90%
Original Mortgage
$1,900,000
Outstanding Balance
$1,651,702
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,622,368

Purchase Details

Closed on
Jul 5, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Vero Beach, FL

  • Heather Lewis Real Estate Agent - EXP Realty LLC

    Heather Lewis

    EXP Realty LLC

    (844) 687-7810

    53 Total Sales

    1 in South Beach

    $1,550,000 Price

    Heather Lewis
     Section Image
  • Ryan Hoosier Real Estate Agent - Keller Williams Rlty Vero Bch

    Ryan Hoosier

    Keller Williams Rlty Vero Bch

    (772) 646-9969

    123 Total Sales

    5 in South Beach

    $1.3M - $2.6M Price Range

    Ryan Hoosier
     Section Image
  • Kimberly Stewart-Ladd Real Estate Agent - EXIT Right Realty

    Kimberly Stewart-Ladd

    EXIT Right Realty

    (772) 758-0484

    75 Total Sales

    5 in South Beach

    $868K - $1.3M Price Range

    Kimberly Stewart-Ladd
     Section Image
  • Christopher Nolan Real Estate Agent - EXP Realty LLC

    Christopher Nolan

    EXP Realty LLC

    (772) 758-0908

    165 Total Sales

    3 in South Beach

    $1,550,000 Price Range

    Christopher Nolan
     Section Image
  • Barbara Rosenbaum Real Estate Agent - Engel & Voelkers Vero Beach

    Barbara Rosenbaum

    Responds Quickly

    Engel & Voelkers Vero Beach

    (754) 354-8836

    32 Total Sales

    4 in South Beach

    $1.2M - $1.5M Price Range

    Barbara Rosenbaum
     Section Image
  • Juliana Marino Real Estate Agent - One Sotheby's Int'l Realty

    Juliana Marino

    One Sotheby's Int'l Realty

    (772) 277-7186

    32 Total Sales

    2 in South Beach

    $1,200,000 Price Range

    Juliana Marino
     Section Image
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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
$2,900,000 Attorney
-- Attorney
$2,100,000 Attorney
$1,575,000 --
-- --
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 $1,900,000
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
10/20/2020 10/20/20 Sold $2,900,000 -9.2% $510 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $3,195,000 -- $562 / 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 $55,816 $4,541,121 $1,857,250 $2,683,871
2024 $45,068 $4,101,513 $1,564,000 $2,537,513
2023 $45,068 $2,920,133 $0 $0
2022 $40,206 $3,124,727 $1,319,625 $1,805,102
2021 $35,225 $2,413,333 $918,000 $1,495,333
2020 $32,790 $2,212,396 $918,000 $1,294,396
2019 $34,024 $2,227,612 $918,000 $1,309,612
2018 $33,085 $2,136,499 $918,000 $1,218,499
2017 $31,900 $2,048,658 $0 $0
2016 $29,572 $1,892,300 $0 $0
2015 $28,252 $1,742,420 $0 $0
2014 $24,740 $1,507,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erika Ross Real Estate Agent - The Moorings Realty Sales Co.

    Seller's Agent in 2020

    Erika Ross

    The Moorings Realty Sales Co.

    (772) 473-7762

    146 Total Sales

    Erika Ross
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 233460

APN: 33-40-21-00008-0000-00131.0

Florida Indian River County Vero Beach 32963

231 Binnacle Point, Vero Beach, FL

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