NOT LISTED FOR SALE

590 Reef Rd Vero Beach, FL 32963

South Beach Area

Estimated Value: $5,195,000 - $5,643,000

5 Beds
5.5 Baths
4,142 Sq Ft
$1,321/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2021

Last sale price $3,945,000 $952 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $35,239 / mo

40 Days on Market

Highlights

  • Ocean Front
  • Pool
  • Vaulted Ceiling
  • Beachland Elementary School Rated A-
  • 0.76 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2021

Enjoy the ultimate beach lifestyle in this oceanfront escape. Located on almost an acre with almost 100' direct ocean front, featuring over 4,100 AC SF w/ 5 bedrooms, 5.5 baths, 2-car garage, theater room, chefs kitchen, sun-splashed courtyard pool, & panoramic ocean views. Enjoy waterfront dining under the covered loggia or a dip in the loggia spa. Sizes approximate.

Last Agent to Sell the Property

Cindy O'Dare

One Sotheby's Int'l Realty License #0326961 Listed on: 03/18/2021

One Sotheby's Int'l Realty

Last Buyer's Agent

Sally Daley

Douglas Elliman Florida LLC License #3106981

Douglas Elliman Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,377

Year Built

  • Built in 1993

Lot Details

  • 33,106 Sq Ft Lot
  • Lot Dimensions are 98x354
  • Ocean Front
  • West Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block

Home Design

  • Tile Roof

Interior Spaces

  • 4,142 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • 3 Fireplaces
  • Blinds
  • Sliding Doors
  • Slate Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include common areas, security
  • Oceanside Poa
  • Oceanside Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 33402100009000000003.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,377

Year Built

Built in 1993

Lot Details

0.76 Acres

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.76
  • Lot Size: 98x354
  • Ownership: Single Family/Other
  • Subdivision Name: Oceanside
  • Directions: From Beachland Boulevard, A1A South toward the Moorings. Left on Seagrape Drive, left on Reef Road to 590.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1993
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Slate
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 4142.0
  • Stories: 2
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Fence, Sprinkler/Irrigation, Outdoor Shower, Porch, Patio, Propane Tank - Owned
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paver Block

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub
  • Cooling: 1 Unit, 3+ Units
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Name: Oceanside POA
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33402100009000000003.1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23377.0
  • Tax Lot: 3
  • Tax Year: 2020

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 18, 2021
Closed on
May 28, 2021
Sold by
Bought by
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
Buyer's Agent
Sally Daley
Douglas Elliman Florida LLC
List Price
$3,995,000
Sold Price
$3,945,000
Premium/Discount to List
-$50,000
-1.25%
Current Estimated Value
$5,473,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,528,548
Avg. Annual Appreciation
6.53%
Original Mortgage
$2,761,500
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$3,945,000 Attorney
$1,450,000 --
$1,275,000 --
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
Open $2,761,500
Previous Owner $1,000,000
Previous Owner $983,000
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
05/28/2021 05/28/21 Sold $3,945,000 -1.3% $952 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $3,995,000 -- $965 / 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 $62,196 $4,397,145 $1,666,762 $2,730,383
2024 $53,652 $4,136,218 $1,543,927 $2,592,291
2023 $53,652 $3,671,325 $0 $0
2022 $47,013 $3,337,568 $1,543,927 $1,793,641
2021 $23,362 $1,633,545 $0 $0
2020 $23,377 $1,610,991 $0 $0
2019 $23,951 $1,574,771 $0 $0
2018 $23,822 $1,545,408 $0 $0
2017 $23,726 $1,513,622 $0 $0
2016 $23,501 $1,482,490 $0 $0
2015 $24,336 $1,472,190 $0 $0
2014 $23,349 $1,460,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy O'Dare

    Seller's Agent in 2021

    Cindy O'Dare

    One Sotheby's Int'l Realty

    (772) 321-7738

    272 Total Sales

    Cindy O'Dare
    Section Image
  • Sally Daley

    Buyer's Agent in 2021

    Sally Daley

    Douglas Elliman Florida LLC

    (772) 538-4503

    148 Total Sales

    Sally Daley
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 242018

APN: 33-40-21-00009-0000-00003.1

Florida Indian River County Vero Beach 32963

590 Reef Rd, Vero Beach, FL

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