NOT LISTED FOR SALE

550 Beach Rd Unit 119 Vero Beach, FL 32963

Estimated Value: $1,787,000 - $2,090,000

2 Beds
2 Baths
1,370 Sq Ft
1.66 Acres

Last Sold February 16, 2021

Last sale price $1,260,000 $920 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $11,923/month

Highlights

  • Ocean Front
  • Gated with Attendant
  • Cooling Available
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • Patio

About This Home

As of February 2021

Oceanfront paradise completely remodeled w/modern beach style. Classic grey & white kitchen perfect for entertaining w/lrg island, Quartz counters, tile bksplsh, SS, bar area. Crisp white updates continue in the baths w/Quartz counters & white subway tile. Tray ceilings, recessed lighting, plantation shutters. This 1st flr condo is just steps to the pool & private beach and Beach Club.

Last Agent to Sell the Property

Michelle Moss

Compass Florida LLC License #3410412 Listed on: 11/23/2020

Compass Florida LLC

Co-Listed By

Scott Reynolds

Compass Florida LLC License #3154924

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,155

Year Built

  • Built in 1972

Lot Details

  • Ocean Front
  • East Facing Home

Property Views

  • Ocean
  • Pool

Home Design

  • Tile Roof

Interior Spaces

  • 1,370 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Sliding Doors

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Carport
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Patio

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 32400700003007000119.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, reserve fund
  • Johns Island Association
  • John's Island Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,155

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Co List Office Mls Id: 022504
  • Co List Office Phone: 772-492-7777
  • Ownership: Condo
  • Subdivision Name: John's Island
  • Directions: A1A North, Right on Turtle Beach Rd/John's Island, Left on Seaward, Continue on Beach Rd, Will be on the Right.
  • Architectural Style: One Story
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1972
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-492-7777
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Kitchen Island
  • Living Area: 1370.0
  • Stories: 3
  • Window Features: Blinds, Impact Glass
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Pool, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Parking Features: Additional Parking, Assigned, Covered, Carport, Two Spaces

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 864.73
  • Association Name: Johns Island
  • Pets Allowed: Yes, Number Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Reserve Fund

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32400700003007000119.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8155.0
  • Tax Lot: N/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Rhodes Amy Plunkett and Amy Plunkett Rhodes Revocable Living Tru
Bought by
Farnsworth Thomas C and Farnsworth Lindsay B
Current Estimated Value
$1,968,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,315,821
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$652,754

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 16, 2021
Sold by
Meek Cairn
Bought by
Rhodes Amy Plunkett and Rhodes Amy Plunkett
Seller's Agent
Michelle Moss
Compass Florida LLC
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$1,295,000
Sold Price
$1,260,000
Premium/Discount to List
-$35,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Jan 3, 2020
Sold by
Gardner Rita W and Gardner Charles L
Bought by
Meek Cairn

Purchase Details

Closed on
Sep 23, 2014
Sold by
Hauptfuhrer George J
Bought by
Gardner Rita W

Purchase Details

Closed on
Sep 18, 2014
Sold by
Hauptfuhrer W Barnes
Bought by
Gardner Rita W
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
Farnsworth Thomas C $1,800,000 None Listed On Document
Rhodes Amy Plunkett $1,260,000 Attorney
Meek Cairn $640,000 Attorney
Gardner Rita W -- Premier Title Company Ltd
Gardner Rita W -- Premier Title Company Ltd
Gardner Rita W $440,000 Premier Title Company Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnsworth Thomas C $1,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $1,260,000 -2.7% $920 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $1,295,000 -- $945 / 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 $19,185 $1,597,355 -- $1,597,355
2023 $19,185 $1,164,818 $0 $0
2022 $12,667 $1,058,925 $0 $1,058,925
2021 $7,753 $618,700 $0 $618,700
2020 $7,885 $618,700 $0 $618,700
2019 $8,155 $618,700 $0 $618,700
2018 $8,302 $618,700 $0 $618,700
2017 $8,339 $618,700 $0 $0
2016 $7,727 $538,000 $0 $0
2015 $7,373 $489,090 $0 $0
2014 $6,727 $445,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 238829

APN: 32-40-07-00003-0070-00119.0