NOT LISTED FOR SALE

40 Beachside Dr Unit 302 Vero Beach, FL 32963

Estimated Value: $3,197,000 - $3,782,000

3 Beds
4 Baths
3,810 Sq Ft
3.46 Acres

Last Sold February 25, 2022

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

Est. 15% increase in value since last sale

Current estimated payment $21,104/month

35 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • Heated Pool
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • Private Membership Available

About This Home

As of February 2022

Luxurious oceanfront Orchid Island penthouse. Open floor plan, island kitch, breakfast nook & top-of the line appliances. Formal dining & living lead to expansive veranda w/ built-in grill. Fabulous sunrises from spacious ocean-facing master. Guest bdrms w/covered balcony. Study w/ wood finishes. Impact glass. Private elevator & steps to community pool. Sizes are approx./subj to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 12/21/2021

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Kathleen Provancher

One Sotheby's Int'l Realty License #3258812

One Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,338

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • North Facing Home

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,810 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • French Doors
  • Marble Flooring
  • Ocean Views

Kitchen

  • Range
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 2 Parking Spaces
  • Carport
  • Additional Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 31392300023040000302.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, pest control, reserve fund, sewer, security, trash, water
  • Private Membership Available
  • Ar Choice Association
  • Orchid Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Trails

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated with Attendant
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,338

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: Orchid Island
  • Directions: North on A1A past 510 on the right.
  • Architectural Style: Three Story
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 2001
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Marble
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Crown Molding, Elevator, Jetted Tub, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3810.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Gated with Guard, Phone Entry, Security Guard
  • Green Building Features: Reception Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Golf, Tennis Court(s), Trails/Paths, Pool
  • Association Fee: 2870.0
  • Association Name: AR Choice
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 31392300023040000302.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28338.0
  • Tax Lot: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Feb 25, 2022
Sold by
Stoltz Keith D
Bought by
Mohr Family Trust
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Kathleen Provancher
One Sotheby's Int'l Realty
List Price
$2,950,000
Sold Price
$2,950,000
Current Estimated Value
$3,399,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,112
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
May 26, 2002
Sold by
Shoemate Charles R
Bought by
Stoltz Keith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,280,000
Interest Rate
6.85%
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
Mohr Family Trust $2,950,000 Gould Cooksey Fennell Pllc
Stoltz Keith D $2,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slotz Keith D $2,500,000
Previous Owner Stoltz Keith D $5,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $2,950,000 0.0% $774 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $2,950,000 -- $774 / 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 $35,924 $2,580,571 -- $2,580,571
2023 $35,924 $2,580,571 $0 $2,580,571
2022 $28,145 $1,994,876 $0 $1,994,876
2021 $28,338 $1,899,882 $0 $1,899,882
2020 $29,712 $1,899,882 $0 $1,899,882
2019 $28,766 $1,899,882 $0 $1,899,882
2018 $26,228 $1,711,605 $0 $1,711,605
2017 $26,103 $1,630,100 $0 $0
2016 $23,745 $1,630,100 $0 $0
2015 $19,721 $1,205,100 $0 $0
2014 $17,511 $1,096,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 248799

APN: 31-39-23-00023-0400-00302.0