NOT LISTED FOR SALE

2470 S Highway A1a Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $5,590,000

8 Beds
13 Baths
15,040 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $10,304,000 $685 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $35,111/month

558 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • 2.07 Acre Lot
  • Beachland Elementary School Rated A-
  • Gated Community
  • Marble Flooring

About This Home

As of August 2017

AUCTION: Apr 28. Previously listed at $17.9M. Selling w/o Reserve. New beachfront paradise in coveted Estate Section. Sublime vistas on 2+ acres w/ 155± ft of ocean, 8 bedrms, & 13 baths, incl guesthouse. The ultimate in resort-style luxury w/ no expense spared & no detail overlooked. Expansive loggias w/ summer kitchen, stunning infinity pool, 5-car garage. Sizes approx & subj to error.

Co-Listed By

Cindy O'Dare

One Sotheby's Int'l Realty License #0326961

One Sotheby's Int'l Realty

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $172,324

Year Built

  • Built in 2012

Lot Details

  • 2.07 Acre Lot
  • Lot Dimensions are 150x584
  • Ocean Front
  • West Facing Home
  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 15,040 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 3 Fireplaces
  • French Doors
  • Sliding Doors
  • Ocean Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Kansas City Colony Subdivision
  • Gated Community

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 33403400001000000024.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$172,324

Year Built

Built in 2012

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 2.07
  • Lot Size: 150X584
  • Co List Office Mls Id: 0371
  • Co List Office Phone: 772-234-5555
  • Ownership: Single Family/Other
  • Subdivision Name: Kansas City Colony
  • Directions: South A1A, 1/4 mile south of Round Island Park
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2012
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 10
  • Half Bathrooms: 3
  • Total Bedrooms: 8
  • Door Features: French Doors, Sliding Doors
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Marble, Slate, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Crown Molding, Elevator, High Ceilings, Kitchen Island, Master Downstairs, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 15040.0
  • Stories: 2
  • Window Features: Impact Glass, None

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Steel
  • Direction Faces: West
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Sprinkler/Irrigation, Outdoor Kitchen, Outdoor Shower, Patio
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Laundry Features: Laundry Room
  • Security: Gated Community
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33403400001000000024.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 172324.0
  • Tax Lot: 24
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
Aug 10, 2017
Sold by
Vcp 2470 Llc
Bought by
Kahler Brennan L and Kahler Christine B
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$12,900,000
Sold Price
$10,304,000
Premium/Discount to List
-$2,596,000
-20.12%
Current Estimated Value
$5,590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,714,000
Avg. Annual Appreciation
-7.17%
Original Mortgage
$7,100,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 19, 2012
Closed on
May 20, 2015
Sold by
Beachlen Ii Llc
Bought by
Vcp 2470 Llc
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
List Price
$17,900,000
Sold Price
$9,300,000
Premium/Discount to List
-$8,600,000
-48.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$4,850,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 8, 2008
Sold by
620 Vero Estates Llc
Bought by
Colonial Bank

Purchase Details

Closed on
Aug 2, 2004
Sold by
Schmidt George O and Farrow David A
Bought by
620 Vero Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2001
Sold by
Casey Evelyn S
Bought by
Lee Nachame Corp
Source: Public Records

Range of Values:

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Average Value
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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
Kahler Brennan L $9,200,000 Attorney
Vcp 2470 Llc $9,300,000 Attorney
Colonial Bank $13,451,762 Attorney
620 Vero Estates Llc $12,000,000 --
Lee Nachame Corp $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kahler Brennan L $8,500,000
Closed Kahler Brenna L $2,000,000
Closed Kahler Brennan L $7,100,000
Previous Owner Vcp 2470 Llc $4,850,000
Previous Owner 620 Vero Estates Llc $12,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $10,304,000 -20.1% $685 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
01/13/2016 01/13/16 For Sale $12,900,000 +38.7% $858 / Sq Ft
05/21/2015 05/21/15 Sold $9,300,000 -48.0% $618 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
04/19/2012 04/19/12 For Sale $17,900,000 -- $1,190 / 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 $244,784 $25,819,541 $3,665,625 $22,153,916
2023 $244,784 $11,934,853 $0 $0
2022 $197,913 $18,465,359 $3,225,750 $15,239,609
2021 $143,530 $9,866,496 $2,932,500 $6,933,996
2020 $132,480 $8,966,832 $2,932,500 $6,034,332
2019 $137,511 $9,029,690 $2,932,500 $6,097,190
2018 $135,217 $8,757,497 $2,932,500 $5,824,997
2017 $184,287 $11,736,303 $0 $0
2016 $179,504 $11,300,820 $0 $0
2015 $138,773 $8,370,000 $0 $0
2014 $216,497 $13,479,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy O'Dare

    Seller Co-Listing Agent in 2017

    Cindy O'Dare

    One Sotheby's Int'l Realty

    (772) 713-5899

    54 in this area

    242 Total Sales

    Cindy O'Dare
    Section Image

  • N

    Buyer's Agent in 2017

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 165430

APN: 33-40-34-00001-0000-00024.0

Florida Indian River County Vero Beach 32963 South Beach

2470 S Highway A1a, Vero Beach, FL

This home is located at 2470 S Highway A1a, Vero Beach, FL 32963 since 13 January 2016 and is currently estimated at $5,590,000, approximately $371 per square foot. This property was built in 2012. 2470 S Highway A1a 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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