NOT LISTED FOR SALE

5685 4th St Vero Beach, FL 32968

Vero Beach South Area

Estimated Value: $1,552,715

37.18 Acres
$41,762 Price per Acre
1,619,561 Sq Ft Lot

Sale Details

Date Sold: July 8, 2016

Last sale price $780,000 $261 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $10,265 / mo

453 Days on Market

About This Lot

As of July 2016

37.18 Acre Residential Development Site. Ideally situated in one of Vero Beach's most coveted and dense residential areas. 1.5 Miles South of SR 60 shopping district that includes, Target, Publix, Lowes, Home Depot, Bed Bath and Beyond and the Indian River Mall. 4 miles to the Inter-coastal of the Indian River and 6 miles to the Beach. Zoning is RS-3.

Last Agent to Sell the Property

Joseph Schlitt

Douglas Elliman Florida LLC License #3102713 Listed on: 03/12/2015

Douglas Elliman Florida LLC

Co-Listed By

Kelly Kite

Coldwell Banker Paradise License #3172972

Last Buyer's Agent

Scott Oberlink

One Sotheby's Int'l Realty License #0703997

One Sotheby's Int'l Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,388

Lot Details

  • 37.18 Acre Lot
  • 74 Lots in the community

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Available

Community Details

  • Indian River Farms Subdivision

Listing and Financial Details

  • Tax Lot Tract 12
  • Assessor Parcel Number 33391600001012000001.0

Property Details

Property Type

Land

Est. Annual Taxes

$12,388

Lot Details

37.18 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 37.18
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0008
  • Co List Office Phone: 772-778-2029
  • Subdivision Name: INDIAN RIVER FARMS
  • Directions: From US-1 head West on 4th Street. End at 5685 4th Street, Vero Beach, FL.
  • Attribution Contact: 772-461-3250
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Acreage, Split Possible
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Other, Storm Drain(s)

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 1619561.0
  • Number Of Lots: 74
  • Parcel #: 33391600001012000001.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12388.0
  • Tax Block: 0
  • Tax Lot: Tract 12
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
Jul 8, 2016
Sold by
Bought by
Seller's Agent
Joseph Schlitt
Douglas Elliman Florida LLC
Buyer's Agent
Scott Oberlink
One Sotheby's Int'l Realty
List Price
$1,000,000
Sold Price
$780,000
Premium/Discount to List
-$220,000
-22%
Current Estimated Value
$1,552,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,715
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Jun 27, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,697,500
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,697,500
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Vero Beach, FL

  • Jacqueline Cohen Real Estate Agent - LoKation

    Jacqueline Cohen

    LoKation

    (561) 448-9681

    55 Total Sales

    2 in Vero Beach South

    $136K - $590K Price Range

    Jacqueline Cohen
     Section Image
  • Julie Daly Real Estate Agent - Lang Realty

    Julie Daly

    Lang Realty

    (772) 742-1071

    37 Total Sales

    2 in Vero Beach South

    $285K - $429K Price Range

    Julie Daly
     Section Image
  • Joanne Kaiser Real Estate Agent - Watson Realty Corp

    Joanne Kaiser

    Watson Realty Corp

    (772) 742-4820

    30 Total Sales

    2 in Vero Beach South

    $365,000 Price Range

    Joanne Kaiser
     Section Image
  • Ben Bryk Real Estate Agent - Coldwell Banker Paradise

    Ben Bryk

    Coldwell Banker Paradise

    (772) 773-1345

    90 Total Sales

    22 in Vero Beach South

    $195K - $765K Price Range

    Ben Bryk
     Section Image
  • Jason Pobiak Real Estate Agent - Singer Island Realty

    Jason Pobiak

    Singer Island Realty

    (561) 510-8140

    66 Total Sales

    2 in Vero Beach South

    $300,000 Price Range

    Jason Pobiak
     Section Image
  • Eileen Diamond Real Estate Agent - KELLER WILLIAMS REALTY OF VERO

    Eileen Diamond

    KELLER WILLIAMS REALTY OF VERO

    (772) 617-8910

    22 Total Sales

    3 in Vero Beach South

    $210K - $400K Price Range

    Eileen Diamond
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$780,000 Riomar Title Llc
$462,000 Attorney
-- None Available
$4,150,000 None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,697,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $780,000 -22.0% $261 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
03/12/2015 03/12/15 For Sale $1,000,000 -- $335 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,772 $1,580,150 $1,580,150
2024 $18,311 $1,580,150 $1,580,150
2023 $18,311 $1,017,939 $0 $0
2022 $17,716 $1,580,150 $1,580,150 $0
2021 $17,601 $1,580,150 $1,580,150 $0
2020 $15,830 $1,358,929 $1,358,929 $0
2019 $15,679 $1,358,929 $1,358,929 $0
2018 $10,454 $632,060 $632,060 $0
2017 $10,622 $632,060 $0 $0
2016 $11,026 $632,060 $0 $0
2015 $11,463 $632,060 $0 $0
2014 $12,388 $703,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Schlitt Real Estate Agent - Douglas Elliman Florida LLC

    Seller's Agent in 2016

    Joseph Schlitt

    Douglas Elliman Florida LLC

    (772) 643-6824

    95 Total Sales

    Joseph Schlitt
    Section Image

  • K

    Seller Co-Listing Agent in 2016

    Kelly Kite

    Coldwell Banker Paradise

    (772) 231-9333

    Kelly Kite
    Section Image
  • Scott Oberlink Real Estate Agent - One Sotheby's Int'l Realty

    Buyer's Agent in 2016

    Scott Oberlink

    One Sotheby's Int'l Realty

    (772) 643-3181

    30 Total Sales

    Scott Oberlink
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 153940

APN: 33-39-16-00001-0120-00001.0

Florida Indian River County Vero Beach 32968

5685 4th St, Vero Beach, FL

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