NOT LISTED FOR SALE

Estimated Value: $755,000 - $914,370

2 Beds
2 Baths
1,980 Sq Ft
2.84 Acres

Last Sold January 30, 2024

Last sale price $1,000,000 $505 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,715/month

60 Days on Market

Highlights

  • Ocean Front
  • Heated Pool
  • Elevator
  • Beachland Elementary School Rated A-
  • Clubhouse
  • Balcony

About This Home

As of January 2024

PENTHOUSE in one of Vero's best condo buildings close to shopping & dining! Enjoy sunrise walking to breakfast & the farmer's market along this quiet pristine beach! Oceangate has undergone a recent engineering study & passed all testing w/flying colors! This building features concrete construction reinforced w/steel, new roof, & sea wall! Fall asleep to the ocean waves and wake up to the magical view from the primary suite! Enjoy renovated kitchen w/lots of storage and wide ocean views from covered lanai. Pet friendly. Perfect oceanfront condo to relax & enjoy! Sizes approx/subj to err.

Last Agent to Sell the Property

Cathy Curley

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-559-1359 License #3378699 Listed on: 11/30/2023

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Joan Cook

Dale Sorensen Real Estate Inc. License #3053114

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,208

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Stucco

Interior Spaces

  • 1,980 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Blinds
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Seawall
  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 537
  • Assessor Parcel Number 32402900011001000537.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pest control, recreation facilities, reserve fund, trash, water
  • Ar Choice Association
  • Oceangate Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,208

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: NA
  • Ownership: Condo
  • Subdivision Name: Oceangate
  • Directions: A1A North. Oceangate Condos on right / East side of A1A. Across from Village Beach Market. North Building, unit #537
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Year Built: 1975
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-559-1359
  • Special Features: None
  • Stories: 5

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Crown Molding, Walk-In Closet(s)
  • Living Area: 1980.0
  • Stories: 5
  • Window Features: Blinds
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Seawall, Beach Access
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Concrete, Stucco, Steel
  • Direction Faces: West
  • Exterior Features: Balcony, Porch
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Other

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Library, Property Manager On-Site, Storage Facilities, Pool
  • Association Fee: 1206.0
  • Association Name: AR Choice
  • Pets Allowed: Yes, Breed Restrictions, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32402900011001000537.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6208.0
  • Tax Lot: 537
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Jan 30, 2024
Sold by
Lacourciere Paul A and Lacourciere Mary Elizabeth
Bought by
Bonidy Anthony J and Bonidy Linda C
Seller's Agent
Cathy Curley
Dale Sorensen Real Estate Inc.
Buyer's Agent
Joan Cook
Dale Sorensen Real Estate Inc.
List Price
$1,025,000
Sold Price
$1,000,000
Premium/Discount to List
-$25,000
-2.44%
Views
15
Current Estimated Value
$891,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,506
Avg. Annual Appreciation
-8.16%

Purchase Details

Listed on
Nov 17, 2015
Closed on
Jan 11, 2016
Sold by
Long David E and Long Renee D
Bought by
Lacourciere Paul A and Lacourciere Mary
Buyer's Agent
Cheryl Goff
RE/MAX Crown Realty VB
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$500,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2011
Sold by
Long David E and Long Judy A
Bought by
Long David E

Purchase Details

Closed on
Aug 26, 2004
Sold by
Niller Russell D and Niller Robin D
Bought by
Long David E and Long Judy A

Purchase Details

Closed on
Aug 25, 2003
Sold by
Lewis Bennett L and Lewis Malvene
Bought by
Niller Russell D and Niller Robin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,700
Interest Rate
5.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bonidy Anthony J $1,000,000 Supreme Title Solutions
Lacourciere Paul A $625,000 Oceanside Title & Escrow Inc
Long David E -- Professional Title Of Indian
Long David E $519,000 Lawyers Title Agency
Niller Russell D $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacourciere Paul A $500,000
Previous Owner Niller Russell D $273,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2024 01/30/24 Sold $1,000,000 -2.4% $505 / Sq Ft
11/30/2023 11/30/23 For Sale $1,025,000 +64.0% $518 / Sq Ft
01/11/2016 01/11/16 Sold $625,000 -3.7% $316 / Sq Ft View Prior Sale
12/12/2015 12/12/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $649,000 -- $328 / 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 $12,700 $788,666 -- $788,666
2024 $6,396 $788,666 -- $788,666
2023 $6,396 $444,663 $0 $0
2022 $6,208 $431,712 $0 $0
2021 $6,122 $419,138 $0 $0
2020 $6,107 $413,351 $0 $0
2019 $6,120 $404,058 $0 $0
2018 $6,104 $396,524 $0 $0
2017 $6,057 $388,368 $0 $0
2016 $4,496 $294,420 $0 $0
2015 $4,608 $292,380 $0 $0
2014 $4,417 $290,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 273397

APN: 32-40-29-00011-0010-00537.0