$3,500,000
SOLD NOV 17, 2025

403 Indies Dr Vero Beach, FL 32963

4 Beds
5.5 Baths
4,592 Sq Ft
2004 Built

Recently Sold

$762 Per Sq Ft

17% Below List Price

69 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Outdoor Pool

About This Home

As of November 2025

Exquisite Estuary Retreat in Orchid Island. Beautifully remodeled 4 Bedroom home overlooking the tranquil estuary, offering breathtaking views & refined coastal living. Featuring a private private office, elegant gas fireplace & seamless indoor-outdoor flow to the sparkling pool & summer kitchen. Every detail has been thoughtfully updated, blending timeless design with modern luxury. A rare opportunity to own a move-in ready waterfront haven designed for relaxation & entertaining. Sizes approx./subj. to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-532-0010 License #0316531 Listed on: 09/09/2025

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-532-0010 License #0316531 Listed on: 09/09/2025

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,435

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 100x210
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Property Views

  • River
  • Pool

Home Design

  • Tile Roof

Interior Spaces

  • 4,592 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Crown Molding
  • 1 Fireplace
  • Window Treatments
  • French Doors

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Beach Access
  • Patio
  • Built-In Barbecue

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Power Generator
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 268
  • Assessor Parcel Number 31392200008000000268.0

Community Details

Overview

  • Association fees include common areas, cable TV, reserve fund, security
  • Private Membership Available
  • Orchid Island Association
  • Orchid Island Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,435

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 100x210
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: North on A1A to Orchid Island
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2004
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-532-0010
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Closet Cabinetry, Crown Molding, French Door(s)/Atrium Door(s)
  • Living Area: 4592.0
  • Stories: 1
  • Window Features: Single Hung, Window Treatments

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private, Community
  • Pool Private: Yes
  • View: Pool, River
  • View: Yes
  • Waterfront Features: Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Built-in Barbecue, Barbecue, Sprinkler/Irrigation, Patio, Propane Tank - Owned
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Air Conditioned Garage, Attached, Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric, 3+ Units
  • 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, Fitness, Golf, Other, Pickleball, Pool, Tennis Court(s)
  • Amenities: Dues Paid Annually
  • Association Fee: 502.0
  • Association Name: Orchid Island
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Reserve Fund, Security

Lot Info

  • Parcel #: 31392200008000000268.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 20435.0
  • Tax Lot: 268
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2025
Closed on
Nov 17, 2025
Sold by
Dorschel Richard J and Dorschel Family Trust
Bought by
Obrien Thomas H and Obrien Kathleen
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$4,200,000
Sold Price
$3,500,000
Premium/Discount to List
-$700,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.38%

Purchase Details

Listed on
Oct 11, 2013
Closed on
Aug 28, 2015
Sold by
Oneill John and Oneill Bonnie
Bought by
Dorschel Richard J
Seller's Agent
Bob Niederpruem
Premier Estate Properties
Buyer's Agent
Lucy Hendricks
Premier Estate Properties
List Price
$1,850,000
Sold Price
$1,725,000
Premium/Discount to List
-$125,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jan 20, 2004
Sold by
Zugelter Const Corp
Bought by
Oneill John and Oneill Bonnie

Purchase Details

Closed on
Dec 7, 2001
Sold by
Hiley David B
Bought by
Zugelter Const Corp

Purchase Details

Closed on
Dec 29, 2000
Sold by
Campbell D Keith and Campbell Patricia A
Bought by
Hiley David B

Purchase Details

Closed on
Mar 16, 1998
Sold by
Orchid Island Prop Inc
Bought by
Campbell D Keith and Campbell Patricia A
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,000,000 None Listed On Document
Warranty Deed $1,725,000 Attorney
Warranty Deed $1,865,900 --
Warranty Deed $375,000 --
Warranty Deed $330,000 --
Warranty Deed $160,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 Sold $3,500,000 -16.7% $762 / Sq Ft
09/09/2025 09/09/25 For Sale $4,200,000 +143.5% $915 / Sq Ft
08/28/2015 08/28/15 Sold $1,725,000 -6.8% $376 / Sq Ft View Prior Sale
07/29/2015 07/29/15 Pending -- -- --
10/11/2013 10/11/13 For Sale $1,850,000 -- $403 / 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 $20,998 $1,552,993 -- --
2024 $19,626 $1,552,993 -- --
2023 $19,626 $1,442,714 $0 $0
2022 $19,279 $1,400,693 $0 $0
2021 $19,760 $1,359,896 $0 $0
2020 $20,413 $1,341,120 $329,724 $1,011,396
2019 $20,618 $1,341,120 $329,724 $1,011,396
2018 $20,501 $1,326,081 $303,693 $1,022,388
2017 $22,178 $1,336,779 $0 $0
2016 $20,294 $1,288,560 $0 $0
2015 $19,217 $1,211,470 $0 $0
2014 $16,508 $1,032,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 291042

APN: 31-39-22-00008-0000-00268.0