$285,000
SOLD DEC 30, 2025

524 7th Square Unit 201 Vero Beach, FL 32962

3 Beds
3.5 Baths
2,271 Sq Ft
2005 Built

Recently Sold

$125 Per Sq Ft

21% Below List Price

385 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Gated Community
  • Fitness Center
  • Outdoor Pool
  • Clubhouse

About This Home

As of December 2025

2024 roof. Move in ready penthouse condo with an abundance of natural sunlight! Private in-unit stairs lead you up to an open concept living room and kitchen w/ volume ceilings, powder room, 3 bedrooms w/ en suite bathrooms and an oversized terrace overlooking the pond & fountain. 2025 WHW. Bright white walls offer an opportunity to make this condo your own! Conveniently located near the clubhouse and pool, and just minutes to shopping, restaurants and beaches. Sizes are approx/subj to error.

Last Agent to Sell the Property

Marni Parent-Howder

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-321-2037 License #3217081 Listed on: 12/10/2024

Dale Sorensen Real Estate Inc.

Co-Listed By

Gracie Martin

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-321-2037 License #3528406

Last Buyer's Agent

Marni Parent-Howder

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-321-2037 License #3217081 Listed on: 12/10/2024

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 2005

Lot Details

  • Home fronts a pond
  • Lake Front
  • West Facing Home
  • Few Trees

Parking

  • 1 Car Attached Garage
  • Uncovered Parking
  • Assigned Parking

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,271 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Sliding Doors
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Roman Tub
  • Bathtub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33391300031018000201.0

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, recreation facilities, roof, security, trash
  • Elliott Merrill Association
  • Fountainhead Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,407

Year Built

Built in 2005

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0074
  • Co List Office Phone: 772-231-4712
  • Ownership: Condo
  • Subdivision Name: Fountainhead
  • Directions: Indian River Blvd. to Fountainhead. Right turn, go through gate to building #201
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-321-2037
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, High Ceilings, Walk-In Closet(s)
  • Living Area: 2271.0
  • Stories: 2

Exterior Features

  • Lot Features: Other, Few Trees
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage, Uncovered

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Pool
  • Amenities: Dues Paid Semi-Annually
  • Association Fee: 972.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Recreation Facilities, Roof, Security, Trash

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33391300031018000201.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3407.0
  • Tax Lot: N/A
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
Dec 30, 2025
Sold by
Lowe Brian Y
Bought by
Medeiros Michael J and Medeiros Robin A
Seller's Agent
Marni Parent-Howder
Dale Sorensen Real Estate Inc.
Buyer's Agent
Marni Parent-Howder
Dale Sorensen Real Estate Inc.
List Price
$359,000
Sold Price
$285,000
Premium/Discount to List
-$74,000
-20.61%
Views
288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%

Purchase Details

Listed on
Feb 28, 2017
Closed on
Feb 14, 2018
Sold by
Pettersson Emma and Mancini Emma
Bought by
Lowe Brian Y and Lowe Stephanie
Seller's Agent
Sally Woods
Dale Sorensen Real Estate Inc.
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$157,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2012
Sold by
Mancini Manfredi
Bought by
Mancini Emma

Purchase Details

Closed on
May 28, 2010
Sold by
American Family Properties Llc
Bought by
Mancini Manfredi and Mancini Emma

Purchase Details

Closed on
May 27, 2010
Sold by
Derice Frank A and De Rice Geri A
Bought by
American Family Properties Llc

Purchase Details

Closed on
Jan 20, 2005
Sold by
Fountainhead Development Associates Ltd
Bought by
Derice Frank A and Derice Geri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,400
Interest Rate
1%
Mortgage Type
Unknown
Source: Public Records
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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 $285,000 Atlantic Coastal Land Title
Warranty Deed $175,000 Oceanside Title & Escrow
Interfamily Deed Transfer -- Attorney
Warranty Deed $139,000 Paradise Title Llc
Warranty Deed $130,000 Paradise Title
Special Warranty Deed $305,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,500 New Conventional
Previous Owner $244,400 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2025 12/30/25 Sold $285,000 -4.7% $125 / Sq Ft
10/05/2025 10/05/25 Price Changed $299,000 -9.1% $132 / Sq Ft
05/14/2025 05/14/25 Price Changed $329,000 -5.7% $145 / Sq Ft
02/18/2025 02/18/25 Price Changed $349,000 -2.8% $154 / Sq Ft
12/10/2024 12/10/24 For Sale $359,000 +105.1% $158 / Sq Ft
02/16/2018 02/16/18 Sold $175,000 -12.5% $77 / Sq Ft View Prior Sale
01/17/2018 01/17/18 Pending -- -- --
02/28/2017 02/28/17 For Sale $200,000 -- $88 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $3,594 $278,077 -- $278,077
2024 $3,536 $278,077 -- $278,077
2023 $3,536 $222,141 $0 $0
2022 $3,061 $221,681 $0 $221,681
2021 $2,770 $183,587 $0 $183,587
2020 $2,804 $183,587 $0 $183,587
2019 $2,884 $183,587 $0 $183,587
2018 $2,920 $183,587 $0 $183,587
2017 $2,783 $174,845 $0 $0
2016 $2,562 $158,950 $0 $0
2015 $2,436 $144,500 $0 $0
2014 $2,178 $131,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 283565

APN: 33-39-13-00031-0180-00201.0

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