NOT LISTED FOR SALE

551 White Pelican Cir Vero Beach, FL 32963

Estimated Value: $2,729,000 - $3,915,000

3 Beds
3.5 Baths
4,016 Sq Ft
$826/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $1,700,000 $423 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $20,041/month

26 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Gas Heated Pool

About This Home

As of April 2023

In exclusive Orchid Island Golf & Beach Club. Private oasis with incredible indoor-outdoor connection on lush oversized lot with 40' infinity pool. Wood plank ceilings, window casings & crown moldings create a cozy cottage feel. You'll also find island kitchen, family room, den, two gas fireplaces, marble flooring, 2+ golf cart garage. Rehab including new roof and much more in 2022

Last Agent to Sell the Property

Helena Kennedy

The Keyes Company - Stuart License #0562432 Listed on: 02/13/2023

Last Buyer's Agent

Cathy Curley

Dale Sorensen Real Estate Inc. License #3378699

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,197

Year Built

  • Built in 2002

Lot Details

  • East Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof

Interior Spaces

  • 4,016 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Crown Molding
  • High Ceiling
  • 2 Fireplaces
  • Blinds
  • French Doors
  • Views of Preserve
  • Laundry Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub
  • Bathtub

Pool

  • Gas Heated Pool
  • Outdoor Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Beach Access
  • Covered Patio or Porch
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 285
  • Assessor Parcel Number 31392200009000000285.0

Community Details

Overview

  • Association fees include common areas, cable TV, internet
  • Private Membership Available
  • Orchid Island Association
  • Orchid Island Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,197

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 0.57
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: Enter from A1A or 510
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2002
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-497-1330
  • Special Features: 4116
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Wine Cooler
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Other, Tile, Wood
  • Interior Amenities: Bathtub, Closet Cabinetry, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 4016.0
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Fenced, Gas Heat, Heated, Pool, Private, Community
  • Pool Private: Yes
  • View: Preserve
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Built-in Barbecue, Barbecue, Fence, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Propane Tank - Owned
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Golf, Game Room, Other, Property Manager On-Site, Pool, Gutter(s)
  • Association Fee: 486.0
  • Association Name: Orchid Island
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Internet

Lot Info

  • Parcel #: 31392200009000000285.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 20197.0
  • Tax Lot: 285
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2024
Sold by
Bourne Malcolm G
Bought by
Bourne Malcolm G and Bourne Ann Franzese
Current Estimated Value
$3,318,965

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 29, 2023
Sold by
Jpmorgan Chase Bank National Association
Bought by
Bourne Malcolm G
Seller's Agent
Helena Kennedy
The Keyes Company - Stuart
Buyer's Agent
Cathy Curley
Dale Sorensen Real Estate Inc.
List Price
$1,990,000
Sold Price
$1,700,000
Premium/Discount to List
-$290,000
-14.57%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.26%

Purchase Details

Closed on
Dec 3, 2021
Sold by
Meyers David S and Meyers Beverly Z
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 20, 2007
Sold by
Bobbitt Maxie E and Bobbitt Patricia H
Bought by
Meyers David S and Meyers Beverly Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Boucher David M and Boucher Sandra S
Bought by
Bobbitt Maxie E and Bobbitt Patricia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2002
Sold by
Wissel Const Inc
Bought by
Boucher David M and Boucher Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2001
Sold by
Bk Amer
Bought by
Wissel Const Inc

Purchase Details

Closed on
Jun 25, 1999
Sold by
Orchid Island Prop Inc
Bought by
Bk Amer N T & S A
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
Bourne Malcolm G -- None Listed On Document
Bourne Malcolm G $1,700,000 Servicelink
Jpmorgan Chase Bank National Association $1,158,100 None Available
Meyers David S $1,891,500 Attorney
Bobbitt Maxie E $1,550,000 --
Boucher David M $1,385,000 --
Wissel Const Inc $260,000 --
Bk Amer N T & S A $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyers David S $1,500,000
Previous Owner Meyers David S $175,000
Previous Owner Bobbitt Maxie E $600,000
Previous Owner Boucher David M $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,700,000 0.0% $423 / Sq Ft
04/28/2023 04/28/23 Sold $1,700,000 -14.6% $423 / Sq Ft
03/14/2023 03/14/23 For Sale $1,990,000 0.0% $496 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $1,990,000 -13.1% $496 / Sq Ft
02/13/2023 02/13/23 For Sale $2,290,000 0.0% $570 / Sq Ft
01/20/2023 01/20/23 Price Changed $2,290,000 -4.2% $570 / Sq Ft
12/12/2022 12/12/22 For Sale $2,390,000 -- $595 / 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 $23,488 $2,755,395 $659,330 $2,096,065
2023 $23,488 $1,569,317 $0 $0
2022 $20,197 $1,426,651 $478,546 $948,105
2021 $19,630 $1,323,962 $404,105 $919,857
2020 $18,589 $1,184,353 $404,105 $780,248
2019 $18,772 $1,184,353 $404,105 $780,248
2018 $18,509 $1,161,025 $372,202 $788,823
2017 $19,319 $1,129,122 $0 $0
2016 $18,382 $1,146,130 $0 $0
2015 $17,135 $1,073,490 $0 $0
2014 $14,801 $925,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Helena Kennedy

    The Keyes Company - Stuart

    (772) 380-2330

    51 Total Sales

    Helena Kennedy
    Section Image
  • Cathy Curley

    Buyer's Agent in 2023

    Cathy Curley

    Dale Sorensen Real Estate Inc.

    (772) 559-1359

    75 Total Sales

    Cathy Curley
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 266180

APN: 31-39-22-00009-0000-00285.0

Florida Indian River County Vero Beach 32963

551 White Pelican Cir, Vero Beach, FL

This home is located at 551 White Pelican Cir, Vero Beach, FL 32963 since 13 February 2023 and is currently estimated at $3,318,965, approximately $826 per square foot. This property was built in 2002. 551 White Pelican Cir is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Sebastian River High School.

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