$490,000
SOLD NOV 5, 2020

5558 Highway A1a Unit 307 Vero Beach, FL 32963

2 Beds
2.5 Baths
1,632 Sq Ft
1980 Built

Recently Sold

$300 Per Sq Ft

7% Below List Price

194 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • High Ceiling
  • Beachland Elementary School Rated A-
  • 1 Fireplace
  • Furnished

About This Home

As of September 2021

Oceanfront PENTHOUSE overseas owner says sell! Prestigious Indian River Shores! Price includes fully furn/ turn key. Magnificent property with HUGE balcony overlooking ocean, heated pool & serene park like grounds. Rare low density bldg, underground parking for 1, security gate entry. Immediate occupancy! No Pets. Close to shopping! Sizes approx. & subj to error.

Last Agent to Sell the Property

Christine Hughes

Dale Sorensen Real Estate Inc. License #0704916 Listed on: 03/25/2020

Dale Sorensen Real Estate Inc.

Co-Listed By

Shawna Harty

Dale Sorensen Real Estate Inc. License #3238585

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • West Facing Home

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

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

  • Outdoor Pool
  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • 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

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,837

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Co List Office Mls Id: 0074
  • Co List Office Phone: 772-231-4712
  • 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: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Wet Bar, 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: 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
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Pool
  • Association Fee: 946.0
  • 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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

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

Tax Info

  • Tax Annual Amount: 5837.0
  • Tax Lot: N/A
  • Tax Year: 2019

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 Oceanside Title & Escrow
Warranty Deed $490,000 Attorney
Warranty Deed $370,000 Elite Title The Treasure Inc
Warranty Deed $385,000 --
Warranty Deed $222,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 For Sale $1,095,000 +56.4% $671 / Sq Ft
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
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
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

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 231309

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