NOT LISTED FOR SALE

5519 55th Terrace Vero Beach, FL 32967

Winter Beach Neighborhood

Estimated Value: $488,000 - $512,000

3 Beds
2 Baths
2,021 Sq Ft
$248/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $510,000 $252 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,922/month

49 Days on Market

Highlights

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

About This Home

As of November 2023

Luxurious 3-bed, 2-bath gem in Verolago, built in 2016. This home boasts impact-resistant windows & doors, tile roof, a gourmet kitchen w/ granite countertops, double ovens, vented cooktop & warming drawer. Ten-foot ceilings, tile floors & plantation shutters throughout. Owner’s suite w/ walk-in closets, double rain shower heads & an expansive 500+ sq ft screened lanai w/ tranquil lake views. Verolago offers resort-style amenities, comprising a clubhouse, pool, gym, tennis courts, & a tot lot. Maintenance includes lawn care, irrigation, & alarm monitoring, ensuring worry-free living.

Last Agent to Sell the Property

Scott Oberlink

One Sotheby's Int'l Realty Brokerage Phone: 772-492-1002 License #0703997 Listed on: 09/15/2023

One Sotheby's Int'l Realty

Last Buyer's Agent

Cheryl Michel

One Sotheby's Int'l Realty License #3021675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 55x150
  • Home fronts a pond
  • Lake Front
  • East Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,021 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Tile Flooring
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • <<builtInOvenToken>>
  • <<cooktopDownDraftToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Covered patio or porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 205
  • Assessor Parcel Number 32391500003000000205.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, recreation facilities, reserve fund, security
  • Elliott Merrill Association
  • Verolago Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,842

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 55x150
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Verolago
  • Directions: Enter from 58th Ave and 57th St. Continue straight through 2 circles on 56th Place. Turn left on 55th Street, stay to the right until 55th Terr, turn left. 2nd home on Rt.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2016
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Oven, Down Draft, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Attic, High Ceilings, Pantry, Pull Down Attic Stairs, Walk-In Closet(s)
  • Living Area: 2021.0
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Fence, Sprinkler/Irrigation, Porch, Rain Gutters
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Basketball Court, Clubhouse, Fitness, Game Room, Playground, Sidewalks, Tennis Court(s), Gutter(s), Pool
  • Association Fee: 287.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32391500003000000205.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1842.0
  • Tax Lot: 205
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2025
Sold by
Georges John T and Georges Jessie A
Bought by
Lee F Demitry Family Trust and Demitry
Current Estimated Value
$500,516

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 9, 2023
Sold by
Schlemovitz David and Schlemovitz Gloria
Bought by
Georges John T and Georges Jessie A
Seller's Agent
Scott Oberlink
One Sotheby's Int'l Realty
Buyer's Agent
Cheryl Michel
One Sotheby's Int'l Realty
List Price
$519,000
Sold Price
$510,000
Premium/Discount to List
-$9,000
-1.73%
Views
206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.12%

Purchase Details

Closed on
Apr 28, 2016
Sold by
Vero Beach Builders Llc
Bought by
Schlemovitz David and Schlemovitz Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,546
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2015
Sold by
Corona Vero Lago Llc
Bought by
Vero Beach Builders Llc
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
Lee F Demitry Family Trust $510,000 Supreme Title Solutions
Georges John T $510,000 First American Title Insurance
Schlemovitz David $281,600 Rtc Title Inc
Schlemovitz David $281,600 Rtc Title Inc
Vero Beach Builders Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schlemovitz David $100,000
Previous Owner Schlemovitz David $283,000
Previous Owner Schlemovitz David $231,732
Previous Owner Schlemovitz David $25,000
Previous Owner Schlemovitz David $230,000
Previous Owner Schlemovitz David $25,000
Previous Owner Schlemovitz David $181,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $510,000 -1.7% $252 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $519,000 -- $257 / 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 $1,898 $446,303 $46,750 $399,553
2023 $1,898 $163,353 $0 $0
2022 $1,842 $158,595 $0 $0
2021 $1,823 $153,976 $0 $0
2020 $1,808 $151,850 $0 $0
2019 $1,802 $148,436 $0 $0
2018 $1,731 $142,400 $0 $0
2017 $1,708 $139,471 $0 $0
2016 $490 $29,750 $0 $0
2015 $401 $28,900 $0 $0
2014 $370 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Oberlink

    Seller's Agent in 2023

    Scott Oberlink

    One Sotheby's Int'l Realty

    (772) 643-3181

    2 in this area

    42 Total Sales

    Scott Oberlink
    Section Image
  • Cheryl Michel

    Buyer's Agent in 2023

    Cheryl Michel

    One Sotheby's Int'l Realty

    (772) 532-6542

    7 in this area

    105 Total Sales

    Cheryl Michel
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 271353

APN: 32-39-15-00003-0000-00205.0

Florida Indian River County Vero Beach 32967 Winter Beach

5519 55th Terrace, Vero Beach, FL

This home is located at 5519 55th Terrace, Vero Beach, FL 32967 since 15 September 2023 and is currently estimated at $500,516, approximately $247 per square foot. This property was built in 2016. 5519 55th Terrace is a home located in Indian River County with nearby schools including Dodgertown Elementary School, Storm Grove Middle School, and Sebastian River High School.

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