$475,000
SOLD APR 15, 2025
2 Beds
2 Baths
1,187 Sq Ft
1,002 Sq Ft Lot

Recently Sold

$400 Per Sq Ft

234 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Furnished
  • Fitness Center
  • Gated Community
  • Elevator

About This Home

As of April 2025

2/2 oceanfront penthouse offers stunning sunrises & relaxed coastal living! Fabulous primary res, secondary res or investment opp with turnkey option! Open concept with exquisite ocean views from multiple rooms. Recently upgraded new windows/sliders facing East with turtle impact glass, hurricane accordion shutters, custom closet, ss appliances, and garage cabinetry. In-unit laundry & split floor plan. HOA includes everything for true lock & leave convenience! Amenities- fitness, pool/spa, private beach, pickleball, tennis, shuffleboard. Ideally located between Vero & Ft Pierce dining/shopping

Last Agent to Sell the Property

Mazie Regan

One Sotheby's Int'l Realty Brokerage Phone: 772-214-8708 License #3410277 Listed on: 08/24/2024

One Sotheby's Int'l Realty

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,968

Year Built

  • Built in 1993

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 1 Car Garage

Interior Spaces

  • 1,187 Sq Ft Home
  • Furnished
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • Spa
  • Heated Pool
  • Outdoor Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 142380500560000

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, recreation facilities, reserve fund, sewer, security, trash, water
  • Vesta Association
  • Hibiscus By The Sea Subdivision
  • 10-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,968

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: Hibiscus by the Sea
  • Directions: Heading South on A1A, before Navy Seal Museum
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 10
  • Year Built: 1993
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-214-8708
  • Special Features: VirtualTour
  • Stories: 10

Interior Features

  • Furnished: Furnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Closet Cabinetry, Pantry, Walk-In Closet(s)
  • Living Area: 1187.0
  • Stories: 10
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Other
  • Pool Features: Fenced, Electric Heat, Heated, Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony, Outdoor Shower, Tennis Court(s)
  • Roof: Other

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Closet
  • Security: Gated Community, Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Fitness, Pickleball, Property Manager On-Site, Tennis Court(s), Pool
  • Association Fee: 1069.0
  • Association Name: Vesta
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 142380500560000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7968.0
  • Tax Lot: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Apr 15, 2025
Sold by
Hoffmann Timothy Jay and Hoffmann Wendy
Bought by
Lagravinese Robert Joseph
Seller's Agent
Mazie Regan
One Sotheby's Int'l Realty
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$475,000
Sold Price
$475,000
Views
84
Current Estimated Value
$452,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,848
Avg. Annual Appreciation
-2.17%
Original Mortgage
$308,750
Outstanding Balance
$308,479
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$161,963

Purchase Details

Closed on
Nov 23, 2022
Sold by
Casper John
Bought by
Hoffmann Timothy Jay and Hoffmann Wendy

Purchase Details

Closed on
Aug 18, 2021
Sold by
Cuevas Benjamin and Cuevas Marilyn R
Bought by
Casper John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2020
Sold by
Wiersma W Dale W and Wiersma Teresa M
Bought by
Cuevas Benjamin and Cuevas Marilyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1996
Sold by
Pay John H
Bought by
Wiersma W Dale and Wiersma Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.97%
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 Type Sale Price Title Company
Warranty Deed $475,000 Atlantic Coastal Land Title
Warranty Deed $449,900 --
Warranty Deed $415,000 Premier Ttl Partners Of Fl L
Warranty Deed $310,000 Oceanside Title & Escrow
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,750 New Conventional
Previous Owner $311,250 New Conventional
Previous Owner $248,000 New Conventional
Previous Owner $105,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $475,000 0.0% $400 / Sq Ft
08/24/2024 08/24/24 For Sale $475,000 -- $400 / 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 $7,968 $391,200 -- $391,200
2023 $7,968 $411,800 $0 $411,800
2022 $7,366 $377,500 $0 $377,500
2021 $3,308 $204,740 $0 $0
2020 $5,672 $279,200 $0 $279,200
2019 $5,194 $249,900 $0 $249,900
2018 $4,760 $237,900 $0 $237,900
2017 $4,526 $225,100 $0 $225,100
2016 $4,060 $202,300 $0 $202,300
2015 $4,215 $205,100 $0 $205,100
2014 $4,143 $205,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 280765

APN: 14-23-805-0056-0000