NOT LISTED FOR SALE

4425 U S Highway 1 Vero Beach, FL 32967

Gifford Neighborhood

Estimated Value: $2,273,668

1.1 Acres
$2,066,971 Price per Acre
47,916 Sq Ft Lot

Last Sold January 03, 2022

Last sale price $1,200,000 $25 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $12,353/month

745 Days on Market

Highlights

  • Ocean View
  • Vero Beach High School Rated A-
  • 1.1 Acre Lot

About This Lot

As of January 2022

1.1 Acres directly adjacent to the new 45th St. Wawa opening soon! General Commercial Zoning, basically pad ready. Wawa is completing entry from US #1. High traffic site, great for fast food, car wash, tire store. Conceptual Site plan in attachments. Property to be split off from south building. The split is in progress with Indian River County.

Last Agent to Sell the Property

Thomas 'TP' Kennedy

Alex MacWilliam, Inc. License #3377487 Listed on: 11/19/2019

Last Buyer's Agent

Thomas 'TP' Kennedy

Alex MacWilliam, Inc. License #3377487 Listed on: 11/19/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,203

Lot Details

  • 1.1 Acre Lot
  • Property fronts a highway
  • Property is zoned , CG, Commercial

Interior Spaces

  • 47,942 Sq Ft Home
  • Ocean Views

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Indian River Farms Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 32392600000300000003.2

Property Details

Property Type

Land

Est. Annual Taxes

$23,203

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.1
  • Lot Size: 1.1
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: Indian River Farms
  • Directions: US #1 and 45th Street
  • Attribution Contact: 772-794-3799
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Living Area: 47942.0

Exterior Features

  • Lot Features: 1-3 Acres
  • View: Ocean
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Curbs, Other, Storm Drain(s), Sidewalks
  • Association Name: none

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 47942.0
  • Number Of Lots: 1
  • Parcel #: 32392600000300000003.2
  • Zoning Description: Commercial
  • Zoning: , CG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23203.0
  • Tax Block: 0
  • Tax Lot: 1
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Jan 31, 2022
Sold by
Quality Fruit Packers Of Indian River In
Bought by
Crossover Mission Inc
Seller's Agent
Thomas 'TP' Kennedy
Alex MacWilliam, Inc.
Buyer's Agent
Thomas 'TP' Kennedy
Alex MacWilliam, Inc.
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$2,273,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,073,668
Avg. Annual Appreciation
18.21%
Original Mortgage
$1,612,500
Outstanding Balance
$1,492,610
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$781,058
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
Crossover Mission Inc $2,150,000 Dean Mead Minton & Moore
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crossover Mission Inc $1,612,500
Closed Crossover Mission Inc $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2022 01/03/22 Sold $1,200,000 -4.0% $25 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/19/2019 11/19/19 For Sale $1,250,000 -- $26 / 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 $5,135 $1,622,784 $422,096 $1,200,688
2023 $5,135 $700,270 $422,096 $278,174
2022 $13,473 $705,426 $422,096 $283,330
2021 $24,459 $856,966 $625,388 $231,578
2020 $24,271 $883,539 $625,388 $258,151
2019 $24,141 $889,996 $625,388 $264,608
2018 $23,203 $841,359 $406,502 $434,857
2017 $24,563 $958,311 $0 $0
2016 $25,452 $958,310 $0 $0
2015 $26,301 $969,490 $0 $0
2014 $24,592 $903,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas 'TP' Kennedy

    Seller's Agent in 2022

    Thomas 'TP' Kennedy

    Alex MacWilliam, Inc.

    (772) 794-3799

    3 in this area

    173 Total Sales

    Thomas 'TP' Kennedy
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 227622

APN: 32-39-26-00000-3000-00003.2

Florida Indian River County Vero Beach 32967 Gifford

4425 U S Highway 1, Vero Beach, FL

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