NOT LISTED FOR SALE

402 N Palm Island Cir Vero Beach, FL 32963

Estimated Value: $2,128,349 - $2,782,000

3 Beds
3.5 Baths
3,268 Sq Ft
$709/Sq Ft Est. Value

Last Sold January 08, 2015

Last sale price $1,000,000 $306 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $13,511/month

188 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Free Form Pool

About This Home

As of January 2015

Exceptional custom built home on .47 acre corner lot with British West Indies architecture. Many upgrades. Ocean to river community. Formal ocean beach club, fitness center, boat docks, cabanas, & maintenance free living. Custom ceilings & millwork throughout. Gourmet kitchen, all rooms tastefully appointed. Sizes are approximate & subject to error.

Last Buyer's Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,830

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 76x148
  • Home fronts a pond
  • Lake Front
  • Cul-De-Sac
  • West Facing Home
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Garden
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Tinted Windows
  • Blinds
  • Bay Window
  • French Doors

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Security Lights
  • Motion Detectors
  • Fire and Smoke Detector

Pool

  • Free Form Pool
  • Gas Heated Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Water Access
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 31393600031000100046.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, pool(s), recreation facilities, security, trash
  • Private Membership Available
  • Palm Isl Plantation Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,830

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 76x148
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: PALM ISL PLANTATION
  • Directions: 1.6 miles north of John's Island, west side of A1A, guard will direct.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2005
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-3801
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Crown Molding, High Ceilings, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Bay Window(s), Impact Glass, Single Hung, Tinted Windows, Window Treatments

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac, 1/4 to 1/2 Acre Lot
  • Pool Features: Free Form, Gas Heat, Heated, Other, Pool, Private
  • Pool Private: Yes
  • View: Garden, Lake, Pool
  • View: Yes
  • Waterfront Features: Lake, Pond, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Built-in Barbecue, Barbecue, Sprinkler/Irrigation, Outdoor Kitchen, Porch, Patio, Rain Gutters, Propane Tank - Owned
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Security System Owned, Gated with Guard, Motion Detectors, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Club Membership Available, Clubhouse, Fitness, Water Access, Gutter(s)
  • Association Fee: 2063.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Pool(s), Recreation Facilities, Security, Trash

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School

Lot Info

  • Parcel #: 31393600031000100046.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9830.0
  • Tax Lot: 46
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2025
Sold by
Washburn Robert E
Bought by
Robert E Washburn Living Trust and Washburn
Current Estimated Value
$2,316,587

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jan 8, 2015
Sold by
Gillard Robert P
Bought by
Washburn Robert E and Washburn Sheila A
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$1,195,000
Sold Price
$1,000,000
Premium/Discount to List
-$195,000
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%

Purchase Details

Closed on
Feb 5, 2004
Sold by
Palm Island Plantation
Bought by
Gillard Robert P and Gillard Trudy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Robert E Washburn Living Trust -- None Listed On Document
Robert E Washburn Living Trust -- None Listed On Document
Washburn Robert E $1,000,000 Lawyers Title Agency
Gillard Robert P $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Washburn Robert E $500,000
Previous Owner Gillard Robert P $100,000
Previous Owner Gillard Robert P $191,500
Previous Owner Gillard Robert P $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $1,000,000 -16.3% $306 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $1,195,000 -- $366 / 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 $11,836 $1,084,078 -- --
2023 $11,836 $1,022,839 $0 $0
2022 $11,552 $993,047 $0 $0
2021 $11,667 $964,123 $0 $0
2020 $11,700 $950,812 $0 $0
2019 $11,821 $929,435 $0 $0
2018 $11,808 $912,105 $0 $0
2017 $11,861 $893,345 $0 $0
2016 $12,101 $874,970 $0 $0
2015 $10,431 $724,720 $0 $0
2014 $10,369 $718,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matilde Sorensen

    Buyer's Agent in 2015

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    73 in this area

    251 Total Sales

    Matilde Sorensen
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 146914

APN: 31-39-36-00031-0001-00046.0

Florida Indian River County Vero Beach 32963

402 N Palm Island Cir, Vero Beach, FL

This home is located at 402 N Palm Island Cir, Vero Beach, FL 32963 since 03 June 2014 and is currently estimated at $2,316,587, approximately $708 per square foot. This property was built in 2005. 402 N Palm Island Cir 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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