NOT LISTED FOR SALE

40 Beachside Dr Unit 201 Vero Beach, FL 32963

Estimated Value: $2,872,000 - $3,117,000

3 Beds
4 Baths
3,810 Sq Ft
3.46 Acres

Last Sold July 12, 2024

Last sale price $2,950,000 $774 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $18,175/month

145 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Heated Pool

About This Home

As of July 2024

Exquisite oceanfront exceptional condo appointments:3 BR/4 BA, den, crwn molding, wood flrs. Immerse in quiet luxury:spectacular oceanfrt views, soft lighting & fireplace enrich the ambiance, French impact doors open to an expansive balcony lounge w/summer kitchen. The formal kichen:gas cook top. lg quartz Island, newer wine cooler, breakfst nook, double oven & microwave. The magnificently ample primary bedroom is light and bright. Ensuite guest bedrms share a private balcony. The 4th full BA is perfect for the afternoon visitors. AC replaced 2022, water htr 2021, repiped. Rmsizapprox/sub2err

Last Agent to Sell the Property

Melissa Mittag

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-538-9086 License #3061669 Listed on: 02/17/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Heidi Levy

Orchid Island Realty License #0186829

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,232

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • South Facing Home

Property Views

  • Ocean
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,810 Sq Ft Home
  • 4-Story Property
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Window Treatments
  • Casement Windows
  • French Doors

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Additional Parking
  • Uncovered Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 31392300023040000201.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, parking, pool(s), reserve fund, security
  • Orchid Island Association
  • Orchid Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,232

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Orchid Island
  • Directions: From the corner of State Rd 510 & A1A drive north approximately 1.5 miles to Orchid Golf and Beach on east side. Guard will direct.
  • Architectural Style: Three Story
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Year Built: 2001
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-538-9086
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Wood
  • Interior Amenities: Built-in Features, Crown Molding, Elevator, High Ceilings, Kitchen Island, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3810.0
  • Stories: 4
  • Window Features: Casement Window(s), Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Ocean, Other, Pool
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

  • Parking Features: Additional Parking, Assigned, Covered, Two Spaces, Uncovered

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Gated with Guard, Key Card Entry, Security Guard, Smoke Detector(s)
  • Green Building Features: Reception Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Golf, Property Manager On-Site, Tennis Court(s), Water Access, Pool
  • Association Fee: 3800.0
  • Association Name: Orchid Island
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Parking, Pool(s), Reserve Fund, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31392300023040000201.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27232.0
  • Tax Lot: N/A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Jun 27, 2024
Sold by
Hedrick Susan
Bought by
Koehne Guenther and Dekoehne Suzanne De
Seller's Agent
Melissa Mittag
Dale Sorensen Real Estate Inc.
Buyer's Agent
Heidi Levy
Orchid Island Realty
List Price
$3,950,000
Sold Price
$2,950,000
Premium/Discount to List
-$1,000,000
-25.32%
Views
40
Current Estimated Value
$2,995,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,036
Avg. Annual Appreciation
2.37%
Original Mortgage
$1,200,000
Outstanding Balance
$1,190,991
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$1,840,943

Purchase Details

Listed on
Dec 4, 2020
Closed on
Apr 7, 2021
Sold by
Seybold Nicole Hiers and Louis R Seybold Revocable Trus
Bought by
Hedrick Geoffrey and Hedrick Susan
Seller's Agent
Susan Filebark
Overstreet Real Estate Inc
Buyer's Agent
Melissa Mittag
Dale Sorensen Real Estate Inc.
List Price
$1,950,000
Sold Price
$1,860,000
Premium/Discount to List
-$90,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%

Purchase Details

Closed on
Aug 10, 2006
Sold by
Seybold Louis R
Bought by
Seybold Louis R

Purchase Details

Closed on
Jun 30, 2005
Sold by
The P Kenny Angelucci Family Lp Ltd
Bought by
Seybold Louis R

Purchase Details

Closed on
Jan 18, 2002
Sold by
Orchid Island Prop Inc
Bought by
P Kenny Angelucci Family Ltd Ptnr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Koehne Guenther $2,950,000 None Listed On Document
Hedrick Geoffrey $1,860,000 Attorney
Seybold Louis R -- Attorney
Seybold Louis R $2,275,000 --
P Kenny Angelucci Family Ltd Ptnr $1,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koehne Guenther $1,200,000
Previous Owner P Kenny Angelucci Family Ltd Ptnr $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $2,950,000 -11.9% $774 / Sq Ft
04/19/2024 04/19/24 Price Changed $3,350,000 -4.3% $879 / Sq Ft
03/06/2024 03/06/24 Price Changed $3,500,000 -11.4% $919 / Sq Ft
02/17/2024 02/17/24 For Sale $3,950,000 +112.4% $1,037 / Sq Ft
04/07/2021 04/07/21 Sold $1,860,000 -4.6% $488 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $1,950,000 -- $512 / 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 $26,610 $2,447,466 -- $2,447,466
2023 $26,610 $1,948,739 $0 $0
2022 $26,146 $1,891,980 $0 $1,891,980
2021 $26,881 $1,801,886 $0 $1,801,886
2020 $28,185 $1,801,886 $0 $1,801,886
2019 $26,992 $1,801,886 $0 $1,801,886
2018 $24,615 $1,623,321 $0 $1,623,321
2017 $24,497 $1,546,020 $0 $0
2016 $22,314 $1,546,020 $0 $0
2015 $18,351 $1,121,020 $0 $0
2014 $16,293 $1,020,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 275610

APN: 31-39-23-00023-0400-00201.0