$786,000
SOLD FEB 11, 2025

4141 Ocean Dr Unit 401 Vero Beach, FL 32963

3 Beds
2 Baths
1,400 Sq Ft
1973 Built

Recently Sold

$561 Per Sq Ft

21% Below List Price

278 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • 2-minute walk to Jaycee Park

About This Home

As of February 2025

Nestled along the oceanfront, this spacious end unit condo offers stunning views of the ocean stretching out before you. Boasting 3 beds & 2 baths, it provides ample space for comfortable living. Step onto the covered patio/balcony & immerse yourself in the tranquil rhythm of the ocean waves, a perfect spot to unwind or entertain guests while enjoying the breathtaking scenery! Community offers a large pool, pickleball for the active residents & a fire pit to gather under the stars. Experience coastal living at its finest where every day feels like a vacation. Sizes are approx/subj to error.

Last Agent to Sell the Property

Michelle Clarke

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-263-0386 License #3118538 Listed on: 05/08/2024

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

  • $10,172

Year Built

  • Built in 1973

Lot Details

  • West Facing Home

Interior Spaces

  • 1,400 Sq Ft Home
  • Window Treatments
  • Ocean Views
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32403200022000000401.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, recreation facilities, reserve fund, sewer, trash, water
  • Elliott Merrill Association
  • Bay Island Club Subdivision
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,172

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: Bay Island Club
  • Directions: A1A to East on Live Oak to R into Bay Island Club.
  • Architectural Style: Multi-Level
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Year Built: 1973
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-263-0386
  • Special Features: None
  • Stories: 5

Interior Features

  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Living Area: 1400.0
  • Stories: 5
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront: No
  • Disclosures: First Right of Refusal, Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Porch, Tennis Court(s)
  • Patio And Porch Features: Covered, Porch
  • Roof: Other

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Carport

Utilities

  • Laundry Features: In Unit
  • Security: Key Card Entry, Smoke Detector(s)
  • Green Building Features: Reception Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Elevator, Fitness, Park, Tennis Court(s), Pool
  • Association Fee: 1169.9
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Breed Restrictions, Number Limit
  • Common Interest: Condominium

Fee Information

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32403200022000000401.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10172.0
  • Tax Lot: 0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Feb 11, 2025
Sold by
Samuel & Emmaline Llc
Bought by
Richard W Spatz Revocable Trust and Spatz
Seller's Agent
Michelle Clarke
Dale Sorensen Real Estate Inc.
Buyer's Agent
Kathleen Provancher
One Sotheby's Int'l Realty
List Price
$995,000
Sold Price
$786,000
Premium/Discount to List
-$209,000
-21.01%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%

Purchase Details

Listed on
Oct 17, 2012
Closed on
Dec 28, 2012
Sold by
Solley Katherine
Bought by
Samuel & Emmaline Llc
Seller's Agent
Jane Schwiering
Premier Estate Properties
Buyer's Agent
Megan Raasveldt
Dale Sorensen Real Estate Inc.
List Price
$290,000
Sold Price
$245,000
Premium/Discount to List
-$45,000
-15.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Source: Public Records

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Range of Values:

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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 $786,000 Oceanside Title & Escrow
Warranty Deed $786,000 Oceanside Title & Escrow
Warranty Deed -- Attorney
Warranty Deed $245,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2025 04/13/25 Price Changed $10,000 -20.0% $7 / Sq Ft
03/21/2025 03/21/25 For Rent $12,500 0.0% --
02/11/2025 02/11/25 Sold $786,000 -4.7% $561 / Sq Ft
01/09/2025 01/09/25 Price Changed $825,000 -7.8% $589 / Sq Ft
10/03/2024 10/03/24 Price Changed $895,000 -10.1% $639 / Sq Ft
05/08/2024 05/08/24 For Sale $995,000 0.0% $711 / Sq Ft
02/08/2022 02/08/22 Rented $4,300 +43.3% --
01/09/2022 01/09/22 Under Contract -- -- --
05/18/2021 05/18/21 For Rent $3,000 0.0% --
03/12/2021 03/12/21 Rented $3,000 +11.1% --
02/10/2021 02/10/21 Under Contract -- -- --
01/22/2021 01/22/21 For Rent $2,700 0.0% --
12/28/2012 12/28/12 Sold $245,000 -15.5% $175 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $290,000 -- $207 / 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 $10,172 $824,969 -- $824,969
2023 $10,172 $538,002 $0 $0
2022 $8,619 $637,731 $0 $637,731
2021 $7,423 $485,890 $0 $485,890
2020 $6,846 $441,718 $0 $441,718
2019 $6,665 $441,718 $0 $441,718
2018 $6,865 $501,952 $0 $501,952
2017 $6,685 $501,952 $0 $0
2016 $6,048 $436,480 $0 $0
2015 $5,237 $335,750 $0 $0
2014 $4,011 $228,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 278113

APN: 32-40-32-00022-0000-00401.0