NOT LISTED FOR SALE

5536 Highway A1a Unit 116 Vero Beach, FL 32963

Estimated Value: $567,000 - $850,000

2 Beds
2.5 Baths
1,632 Sq Ft
1.39 Acres

Last Sold January 28, 2022

Last sale price $705,000 $432 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,413/month

Highlights

  • Ocean Front
  • Outdoor Pool
  • 1 Fireplace
  • Beachland Elementary School Rated A-
  • Gated Community
  • Elevator

About This Home

As of April 2022

Rent this oceanfront paradise annually. Enjoy Spectacular Sunrises from your private covered terrace. Renovated in November'21, Desirable 2 BR/2.5 BA Condo feels like a home. Electric Fireplace in Living Room, Spacious Gourmet Kitchen with breakfast nook, Washer/Dryer in unit, Impact Windows and Doors, La Mer Community offers gated access, private beach access, pool, w covered parking.

Last Agent to Rent the Property

Heather Delamarter

Berkshire Hathaway Florida License #3427034 Listed on: 02/18/2022

Berkshire Hathaway Florida

Last Renter's Agent

Heather Delamarter

Berkshire Hathaway Florida License #3427034 Listed on: 02/18/2022

Berkshire Hathaway Florida

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • West Facing Home

Interior Spaces

  • 1,632 Sq Ft Home
  • 4-Story Property
  • 1 Fireplace
  • Blinds
  • Sliding Windows
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, water
  • Assessor Parcel Number 32401900027003000116.0

Community Details

Overview

  • A R Choice Association
  • La Mer Condo Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry
  • Gated Community
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Water

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential Lease
  • Co List Office Mls Id: 0050
  • Co List Office Phone: 772-231-1270
  • Ownership: Condo
  • Subdivision Name: La Mer Condo
  • Directions: A1A to Le Mer in Indian River Shores, After gate, first building on Right
  • Architectural Style: Multi-Level
  • Unit Levels: Three Or More
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Year Built: 1982
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-1270
  • Special Features: None
  • Stories: 4

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other, Tile
  • Interior Amenities: Closet Cabinetry, Pantry, Walk-In Closet(s)
  • Living Area: 1632.0
  • Stories: 4
  • Window Features: Blinds, Sliding, Window Treatments

Exterior Features

  • Pool Features: Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet Restrictions
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Elevator, Pool
  • Association Name: A R CHOICE
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 32401900027003000116.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4359.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 13, 2022
Sold by
Morgan Amy K
Bought by
Feo Dimitri and Feo Maria
Seller's Agent
Sally Woods
Dale Sorensen Real Estate Inc.
Buyer's Agent
Debbie Bell
Berkshire Hathaway Florida
List Price
$769,000
Sold Price
$705,000
Premium/Discount to List
-$64,000
-8.32%
Current Estimated Value
$727,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,831
Avg. Annual Appreciation
-0.12%

Purchase Details

Listed on
Oct 27, 2020
Closed on
Jun 8, 2021
Sold by
Goetz Waltraut
Bought by
Morgan Amy K
Seller's Agent
Debbie Bell
Berkshire Hathaway Florida
Buyer's Agent
Sally Woods
Dale Sorensen Real Estate Inc.
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Feo Dimitri $705,000 Elite Title Of The Treasure Co
Morgan Amy K $500,000 Elite Ttl Of Treasure Coast
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Rented $48,000 +1100.0% --
03/02/2022 03/02/22 Under Contract -- -- --
02/18/2022 02/18/22 For Rent $4,000 0.0% --
01/28/2022 01/28/22 Sold $705,000 -8.3% $432 / Sq Ft View Prior Sale
12/29/2021 12/29/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $769,000 +53.8% $471 / Sq Ft
06/18/2021 06/18/21 Sold $500,000 -8.9% $306 / Sq Ft View Prior Sale
05/19/2021 05/19/21 Pending -- -- --
10/27/2020 10/27/20 For Sale $549,000 -- $336 / 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
2025 $7,052 $584,483 -- $584,483
2024 $6,982 $584,483 -- $584,483
2023 $6,982 $584,483 $0 $584,483
2022 $5,468 $451,826 $0 $451,826
2021 $4,359 $344,248 $0 $344,248
2020 $4,429 $344,248 $0 $344,248
2019 $4,429 $337,498 $0 $337,498
2018 $4,627 $383,520 $0 $383,520
2017 $3,952 $295,800 $0 $0
2016 $3,582 $246,500 $0 $0
2015 $3,754 $246,500 $0 $0
2014 $3,420 $224,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 252014

APN: 32-40-19-00027-0030-00116.0