NOT LISTED FOR SALE

5550 40th Ave Vero Beach, FL 32967

Winter Beach Neighborhood

Estimated Value: $405,801 - $449,000

3 Beds
2 Baths
1,672 Sq Ft
$257/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $259,000 $155 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,651/month

5 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Tennis Courts
  • Clubhouse
  • Roman Tub
  • Walk-In Closet

About This Home

As of January 2019

Beautiful 3 bedroom home on a secluded Preserve. This home is located in the desirable gated community of VeroLago. This wonderful home features a gourmet kitchen, impact windows, 10' ceilings, granite in kitchen and baths, large walk-in shower and so much more. VeroLago features a low HOA, a 24 hr fitness center, total lawn care, heated pool, lighted tennis courts and a kids play area.

Last Agent to Sell the Property

Shaun Welsh

Billero & Billero Properties License #3252862 Listed on: 12/06/2018

Last Buyer's Agent

Robin Raiff

The Keyes Company License #3062935

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 2016

Lot Details

  • 7,405

Parking

  • 2 Car Garage

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Carpet

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 32391500003000000132.0

Community Details

Overview

  • Property has a Home Owners Association
  • Verolago Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,057

Year Built

Built in 2016

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 58th Ave to 57th St. Straight to 55th St left, left on 40th Ave. House is on the right.
  • Year Built: 2016
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Garden Tub/Roman Tub, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Living Area: 1672.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Cable Available, Water Available

Condo/Co-op/Association

  • Association Fee: 217.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Street Lights
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Sidewalks, Tennis Court(s)
  • Association: Yes
  • Pets Allowed: Number Limit, Yes

Lot Info

  • Parcel #: 32391500003000000132.0
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3057.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Jan 8, 2019
Sold by
Cone Brian E and Cone Shawn H
Bought by
Slater George E and Slater Nancy J
Seller's Agent
Shaun Welsh
Billero & Billero Properties
Buyer's Agent
Robin Raiff
The Keyes Company
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$429,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,950
Avg. Annual Appreciation
7.38%
Original Mortgage
$207,200
Outstanding Balance
$181,111
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$248,839

Purchase Details

Closed on
Aug 30, 2016
Sold by
Vero Beach Builders Llc
Bought by
Cone Brian E and Cone Shawn H

Purchase Details

Closed on
Feb 18, 2016
Sold by
Corona Vero Lago Llc
Bought by
Vero Beach Builders Llc
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
Slater George E $259,000 Attorney
Cone Brian E $235,800 Rtc Title Inc
Vero Beach Builders Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slater George E $207,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2019 01/08/19 Sold $259,000 0.0% $155 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $259,000 -- $155 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,310 $385,582 $46,750 $338,832
2024 $4,565 $375,312 $46,750 $328,562
2023 $4,565 $267,390 $0 $0
2022 $4,080 $326,862 $38,250 $288,612
2021 $3,367 $220,983 $34,000 $186,983
2020 $3,435 $222,911 $34,000 $188,911
2019 $3,532 $222,911 $34,000 $188,911
2018 $3,283 $204,022 $34,000 $170,022
2017 $3,057 $186,693 $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

  • Shaun Welsh

    Seller's Agent in 2019

    Shaun Welsh

    Billero & Billero Properties

    (954) 249-6591

    30 in this area

    70 Total Sales

    Shaun Welsh
    Section Image
  • Robin Raiff

    Buyer's Agent in 2019

    Robin Raiff

    The Keyes Company

    (772) 633-6214

    4 in this area

    407 Total Sales

    Robin Raiff
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10486418

BeachesMLS (Greater Fort Lauderdale)

APN: 32-39-15-00003-0000-00132.0

Florida Indian River County Vero Beach 32967 Winter Beach

5550 40th Ave, Vero Beach, FL

Not Listed for Sale

Detached

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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