NOT LISTED FOR SALE

5558 Highway A1a Unit 305 Vero Beach, FL 32963

Estimated Value: $938,000 - $1,317,000

3 Beds
3.5 Baths
2,099 Sq Ft
2.89 Acres

Last Sold June 27, 2022

Last sale price $1,215,000 $579 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,232/month

46 Days on Market

Highlights

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

About This Home

As of June 2022

Rarely available oceanfront penthouse in the exclusive gated La Mer community! Fully renovated w exquisite finishes, this spacious 3/3.5 condo lives like a home in the sky. Beautifully appointed split flr plan features 3 large BRs w en-suite full baths & CA Closets, expansive covered outdr living, wraparound rooftop terrace, impact windows/doors, gourmet kitchen, coquina stone fireplace.

Last Agent to Sell the Property

Talle Genoni

One Sotheby's Int'l Realty License #0674912 Listed on: 04/11/2022

One Sotheby's Int'l Realty

Last Buyer's Agent

Talle Genoni

One Sotheby's Int'l Realty License #0674912 Listed on: 04/11/2022

One Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,456

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Pool

Home Design

  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 2,099 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Ceiling Fan
  • 1 Fireplace
  • Tinted Windows
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Free Form Pool
  • Gas Heated Pool
  • Fence Around Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 305
  • Assessor Parcel Number 32401900019002000305.0

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, recreation facilities, reserve fund, sewer, security, trash, water
  • Ar Choice Association
  • La Mer Condo Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,456

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: na
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: La Mer Condo
  • Directions: North on A1A to Indian River shores. One East side of A1A north of Mariner Village and across from Robles Del Mar. Through gate, 5558 building is straight ahead.
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Year Built: 1980
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 4

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Wet Bar, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2099.0
  • Stories: 4
  • Window Features: Tinted Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: Fenced, Free Form, Gas Heat, Heated, Other, Pool, Community
  • View: Pool, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: Pet Restrictions
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Other, Rolled/Hot Mop

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Covered, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Security: Gated Community, Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Other, Pool
  • Association Fee: 1116.36
  • Association Name: AR Choice
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32401900019002000305.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6456.0
  • Tax Lot: 305
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jul 1, 2022
Sold by
Riddle Marvin D and Riddle Trust
Bought by
Miller Kristen Guggenheim
Seller's Agent
Talle Genoni
One Sotheby's Int'l Realty
Buyer's Agent
Talle Genoni
One Sotheby's Int'l Realty
List Price
$1,250,000
Sold Price
$1,215,000
Premium/Discount to List
-$35,000
-2.8%
Current Estimated Value
$1,154,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,546
Avg. Annual Appreciation
-1.45%
Original Mortgage
$650,000
Outstanding Balance
$612,944
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$541,510

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 29, 2019
Sold by
Plevin Geoffrey A and Plevin Margaret A
Bought by
Riddle Marvin D and Riddle Joanne M
Seller's Agent
James Knapp
Alex MacWilliam, Inc.
Buyer's Agent
Allan Grieve
Vero Coastal Homes
List Price
$477,500
Sold Price
$477,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.56%

Purchase Details

Listed on
Sep 13, 2011
Closed on
Nov 18, 2013
Sold by
Maphis Larrick Jon P and Maphis Larrick Pamela
Bought by
Plevin Geoffrey A and Plevin Margaret A
Buyer's Agent
Lilly Ellis
Tropic Shores Real Estate LLC
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Musgrove Curtis and Musgrove Elizabeth V
Bought by
Larrick Jon P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Miller Kristen Guggenheim $1,215,000 Oceanside Title & Escrow
Miller Kristen Guggenheim $1,215,000 Oceanside Title & Escrow
Riddle Marvin D $477,500 Oceanside Title & Escrow
Plevin Geoffrey A $350,000 Elite Title Of The Treasure
Larrick Jon P $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kristen Guggenheim $650,000
Closed Miller Kristen Guggenheim $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $1,215,000 -2.8% $579 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $1,250,000 +161.8% $596 / Sq Ft
06/03/2019 06/03/19 Sold $477,500 0.0% $227 / Sq Ft View Prior Sale
05/04/2019 05/04/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $477,500 +36.4% $227 / Sq Ft
11/25/2013 11/25/13 Sold $350,000 -12.5% $167 / Sq Ft View Prior Sale
10/26/2013 10/26/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $399,900 -- $191 / 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 $13,974 $1,169,739 -- $1,169,739
2024 $13,860 $1,169,739 -- $1,169,739
2023 $13,860 $1,169,739 $0 $1,169,739
2022 $6,399 $567,697 $0 $0
2021 $6,456 $551,162 $0 $551,162
2020 $6,564 $551,162 $0 $551,162
2019 $6,785 $540,355 $0 $540,355
2018 $7,126 $614,040 $0 $614,040
2017 $5,820 $438,600 $0 $0
2016 $5,274 $365,500 $0 $0
2015 $5,529 $365,500 $0 $0
2014 $5,043 $332,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Talle Genoni

    Seller's Agent in 2022

    Talle Genoni

    One Sotheby's Int'l Realty

    (772) 766-9929

    14 in this area

    90 Total Sales

    Talle Genoni
    Section Image

  • J

    Seller's Agent in 2019

    James Knapp

    Alex MacWilliam, Inc.

    (772) 913-0395

    2 in this area

    48 Total Sales

    James Knapp
    Section Image

  • A

    Buyer's Agent in 2019

    Allan Grieve

    Vero Coastal Homes

    (772) 453-8011

    3 in this area

    45 Total Sales

    Allan Grieve
    Section Image

  • L

    Buyer's Agent in 2013

    Lilly Ellis

    Tropic Shores Real Estate LLC

    (772) 257-5774

    20 Total Sales

    Lilly Ellis
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 253476

APN: 32-40-19-00019-0020-00305.0

Florida Indian River County Vero Beach 32963

5558 Highway A1a Unit 305, Vero Beach, FL

Not Listed for Sale

Condos

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