NOT LISTED FOR SALE

5525 40th Ave Vero Beach, FL 32967

Winter Beach Neighborhood

Estimated Value: $471,958 - $537,000

3 Beds
2 Baths
1,810 Sq Ft
$275/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2025

Last sale price $525,000 $290 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,044 / mo

84 Days on Market

Highlights

  • Lake Front
  • Free Form Pool
  • Clubhouse
  • Fitness Center
  • Home fronts a pond
  • Enclosed Patio or Porch

About This Home

As of June 2025

FULLY LOADED 2017 one owner lakefront pool home with spectacular views! 1810 ac sq ft this MONTICELLO model has it all - Impact windows & doors, Exotic Brazilian marble kitchen countertops, new ss KitchenAid Appliances, full house water & air purification systems, tray ceilings, ca closets, plantation shutters, dry cleaning unit, travertine bath countertops, double rain shower, outdoor butcher block sink/prep area, hot tub, Clubhouse, fitness center & gated! Room sizes approx & subject to error.

Last Agent to Sell the Property

Christine Hughes

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-532-8894 License #0704916 Listed on: 03/06/2025

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,389

Year Built

  • Built in 2017

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Window Treatments
  • Tile Flooring
  • Lake
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Free Form Pool
  • Saltwater Pool
  • Outdoor Shower
  • Screen Enclosure

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number 32391500003000000186.0

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, security
  • Elliott Merrill Association
  • Verolago Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,389

Year Built

Built in 2017

Lot Details

0 Sq Ft Lot

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: 58th Ave to 57Th St, right into Vero Lago
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2017
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-532-8894
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Closet Cabinetry, Crown Molding, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1810.0
  • Stories: 1
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Free Form, Other, Pool, Private, Screen Enclosure, Salt Water, Community
  • Pool Private: Yes
  • View: Pool, Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation, Outdoor Shower, Porch
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Playground, Pool
  • Association Fee: 293.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Breed Restrictions, Number Limit

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32391500003000000186.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3389.0
  • Tax Lot: 186
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
Jun 3, 2025
Sold by
Bought by
Seller's Agent
Christine Hughes
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
60
Current Estimated Value
$498,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,760
Avg. Annual Appreciation
-4.41%
Original Mortgage
$446,250
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
0.0392%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2017
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 Truly Title
-- None Listed On Document
$295,900 Rtc Title Inc
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $446,250
Previous Owner $1,700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2025 06/03/25 Sold $525,000 -0.8% $290 / Sq Ft
04/23/2025 04/23/25 Price Changed $529,000 -3.8% $292 / Sq Ft
03/10/2025 03/10/25 For Sale $550,000 -- $304 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,707 $275,020
2024 $3,237 $275,020
2023 $3,237 $259,484 $0 $0
2022 $3,151 $251,926 $0 $0
2021 $2,922 $229,558 $0 $0
2020 $2,908 $226,389 $0 $0
2019 $2,911 $221,299 $0 $0
2018 $2,833 $213,854 $34,000 $179,854
2017 $414 $29,750 $0 $0
2016 $404 $29,750 $0 $0
2015 $401 $28,900 $0 $0
2014 $370 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Christine Hughes

    Dale Sorensen Real Estate Inc.

    (772) 532-8894

    12 in this area

    208 Total Sales

    Christine Hughes
    Section Image

  • N

    Buyer's Agent in 2025

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 286146

APN: 32-39-15-00003-0000-00186.0

Florida Indian River County Vero Beach 32967 Winter Beach

5525 40th Ave, Vero Beach, FL

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