NOT LISTED FOR SALE

5558 Highway A1a Unit 307 Vero Beach, FL 32963

Estimated Value: $652,000 - $1,042,109

2 Beds
2.5 Baths
1,632 Sq Ft
2.89 Acres

Last Sold September 03, 2021

Last sale price $700,000 $429 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,723/month

1 Day on Market

Highlights

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

About This Home

As of September 2021

Beautifully Remodeled 2 Bedroom, 2.5 Bath, Oceanfront Penthouse in the La Mer Condominium Complex of Indian River Shores! Oversized balcony overlooking ocean, heated pool, meticulously manicured grounds & Private Beach Access. Spacious Underground parking and security gate entry. Furniture Negotiable. No Pets Allowed. Close to Ocean Drive Shopping & Dining! Sizes approx. & subj to error.

Last Agent to Sell the Property

Ashleigh Lovell

One Sotheby's Int'l Realty License #3333446 Listed on: 08/02/2021

One Sotheby's Int'l Realty

Last Buyer's Agent

FREDRICA ASH

One Sotheby's Int'l Realty License #3322330

One Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • West Facing Home

Interior Spaces

  • 1,632 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • 1 Fireplace
  • Window Treatments
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Free Form Pool
  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 307
  • Assessor Parcel Number 32401900019002000307.0

Community Details

Overview

  • Association fees include common areas, maintenance structure, reserve fund, sewer, security, trash, water
  • Ar Choice Mgmt Association
  • La Mer Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,757

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: La Mer Condo
  • Directions: A1A north to La Mer Community east A1A
  • Architectural Style: Three Story
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1980
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Negotiable
  • 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: Tile
  • Interior Amenities: High Ceilings, Walk-In Closet(s)
  • Living Area: 1632.0
  • Stories: 3
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered, Carport, One Space

Utilities

  • Laundry Features: In Unit
  • Security: Gated Community
  • 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 Fee: 960.0
  • Association Name: AR CHOICE MGMT
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 32401900019002000307.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5757.0
  • Tax Lot: 307
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 3, 2021
Sold by
Allison Sydney
Bought by
Merrick Roderick Gilman and Roderick Gilman Merrick Jr Tru
Seller's Agent
Ashleigh Lovell
One Sotheby's Int'l Realty
Buyer's Agent
FREDRICA ASH
One Sotheby's Int'l Realty
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$907,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,777
Avg. Annual Appreciation
9.05%

Purchase Details

Listed on
Mar 25, 2020
Closed on
Oct 29, 2020
Sold by
Lm307 Llc
Bought by
Allison Sydney
Seller's Agent
Christine Hughes
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.68%

Purchase Details

Closed on
Jul 31, 2014
Sold by
Fanney Cindy L
Bought by
Lm307 Llc

Purchase Details

Closed on
Apr 25, 2002
Sold by
Montague Robert W and Montague Elizabeth B
Bought by
Fanney Cindy L

Purchase Details

Closed on
Apr 20, 1998
Sold by
Strohm Erhart A
Bought by
Montague Robert W and Montague Elizabeth B
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
Merrick Roderick Gilman $700,000 Oceanside Title & Escrow
Allison Sydney $490,000 Attorney
Lm307 Llc $370,000 Elite Title The Treasure Inc
Fanney Cindy L $385,000 --
Montague Robert W $222,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $700,000 0.0% $429 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $699,900 +42.8% $429 / Sq Ft
11/05/2020 11/05/20 Sold $490,000 -6.7% $300 / Sq Ft View Prior Sale
10/06/2020 10/06/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $525,000 0.0% $322 / Sq Ft
11/01/2018 11/01/18 Rented $2,800 0.0% --
10/02/2018 10/02/18 Under Contract -- -- --
07/31/2018 07/31/18 For Rent $2,800 -- --
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 $11,428 $954,444 -- $954,444
2024 $10,495 $954,444 -- $954,444
2023 $10,495 $811,602 $0 $0
2022 $8,860 $737,820 $0 $737,820
2021 $5,202 $449,719 $0 $449,719
2020 $5,757 $449,719 $0 $449,719
2019 $5,837 $440,901 $0 $440,901
2018 $6,125 $501,024 $0 $501,024
2017 $5,353 $402,900 $0 $0
2016 $4,851 $335,750 $0 $0
2015 $5,086 $335,750 $0 $0
2014 $4,637 $305,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashleigh Lovell

    Seller's Agent in 2021

    Ashleigh Lovell

    One Sotheby's Int'l Realty

    (772) 538-1098

    8 in this area

    266 Total Sales

    Ashleigh Lovell
    Section Image
  • FREDRICA ASH

    Buyer's Agent in 2021

    FREDRICA ASH

    One Sotheby's Int'l Realty

    (772) 217-0887

    21 in this area

    69 Total Sales

    FREDRICA ASH
    Section Image

  • C

    Seller's Agent in 2020

    Christine Hughes

    Dale Sorensen Real Estate Inc.

    (772) 532-8894

    18 in this area

    215 Total Sales

    Christine Hughes
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Shawna Harty

    Dale Sorensen Real Estate Inc.

    (772) 473-6735

    11 Total Sales

    Shawna Harty
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS AGENT

    NON MLS

  • C

    Seller's Agent in 2018

    Carol Makolin

    One Sotheby's Int'l Realty

    (772) 321-2959

    2 in this area

    38 Total Sales

    Carol Makolin
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 245591

APN: 32-40-19-00019-0020-00307.0

Florida Indian River County Vero Beach 32963

5558 Highway A1a Unit 307, Vero Beach, FL

Not Listed for Sale

Condos

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