NOT LISTED FOR SALE

3505 Ocean Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $613,481 - $710,000

Studio
-- Bath
1,191 Sq Ft
1996 Built

Last Sold August 01, 2018

Last sale price $370,000 $311 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,944/month

Highlights

  • Tile Flooring
  • Beachland Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of August 2018

Commercial office condo. 1191 (+/-) sq. ft. well though out floor plan with 3 offices and reception and conference room, and kitchen area. Located in the heart of Central Beach Business District. Sizes are approximate and subject to error or omission.

Last Agent to Sell the Property

Carl Sciara

Dale Sorensen Real Estate Inc. License #0704862 Listed on: 08/01/2018

Dale Sorensen Real Estate Inc.

Co-Listed By

Dale Sorensen Sr.

Dale Sorensen Real Estate Inc. License #0117532

Last Buyer's Agent

Rory O'Dare

One Sotheby's Int'l Realty License #3106034

One Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1996

Lot Details

  • Property fronts a private road
  • Property fronts a state road

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • Vero Colony Office Park Subdivision
  • Operating Expense $11,024

Listing and Financial Details

  • Assessor Parcel Number 32403200041002000002.0

Property Details

Home Type

Condominium

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Commercial Sale
  • Road Frontage Type: Private Road, State Road
  • Co List Office Mls Id: 0074
  • Co List Office Phone: 772-231-4712
  • Subdivision Name: Vero Colony Office Park
  • Directions: SW Corner of Ocean Drive & Banyan Rd.
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1996
  • Property Sub Type Additional: Industrial,Commercial
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Stories: 1

Exterior Features

  • Lot Features: Other
  • Construction Type: Block, Concrete, Stucco
  • Roof: Metal

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 32403200041002000002.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Operating Expense: 11024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Aug 6, 2018
Sold by
Wabasso Ocean Drive Llc
Bought by
Corry William P and Corry Derey L
Seller's Agent
Carl Sciara
Dale Sorensen Real Estate Inc.
Buyer's Agent
Rory O'Dare
One Sotheby's Int'l Realty
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Current Estimated Value
$641,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,505
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Jul 16, 2004
Sold by
Dimarzo James W and Lockwood Barbara L
Bought by
Wabasso Ocean Drive Llc

Purchase Details

Closed on
Dec 30, 1997
Sold by
Vero Colony Inc
Bought by
Dimarzo James W and Lockwood Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.2%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Corry William P $370,000 Attorney
Wabasso Ocean Drive Llc $530,000 --
Dimarzo James W $226,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dimarzo James W $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $370,000 -12.9% $311 / Sq Ft
08/01/2018 08/01/18 For Sale $425,000 -- $357 / 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
2025 $7,068 $428,760 -- $428,760
2024 $6,841 $428,760 -- $428,760
2023 $6,841 $428,727 $0 $0
2022 $6,471 $428,760 $0 $428,760
2021 $5,770 $354,320 $0 $354,320
2020 $5,841 $354,320 $0 $354,320
2019 $5,994 $354,320 $0 $354,320
2018 $6,075 $354,320 $0 $354,320
2017 $6,162 $354,320 $0 $0
2016 $6,223 $354,320 $0 $0
2015 $6,419 $354,320 $0 $0
2014 $5,665 $322,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carl Sciara

    Seller's Agent in 2018

    Carl Sciara

    Dale Sorensen Real Estate Inc.

    (772) 231-6144

    4 in this area

    8 Total Sales

    Carl Sciara
    Section Image
  • Dale Sorensen Sr.

    Seller Co-Listing Agent in 2018

    Dale Sorensen Sr.

    Dale Sorensen Real Estate Inc.

    (772) 234-3801

    24 in this area

    105 Total Sales

    Dale Sorensen Sr.
    Section Image

  • R

    Buyer's Agent in 2018

    Rory O'Dare

    One Sotheby's Int'l Realty

    (772) 234-9999

    4 in this area

    8 Total Sales

    Rory O'Dare
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 207864

APN: 32-40-32-00041-0020-00002.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

3505 Ocean Dr, Vero Beach, FL

Not Listed for Sale

Condos

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.

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.

Nearby Homes