NOT LISTED FOR SALE

650 Reef Rd Vero Beach, FL 32963

Estimated Value: $3,029,000 - $7,689,483

1.04 Acres
$5,153,117 Price per Acre
45,302 Sq Ft Lot

Last Sold April 25, 2014

Last sale price $1,700,000 $634 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $37,062/month

94 Days on Market

Highlights

  • Ocean Front
  • Beachland Elementary School Rated A-
  • 1.04 Acre Lot

About This Lot

As of April 2014

Direct Oceanfront 1 acre lot w/sweeping unobstructed views. Deep estate lot with seawall in place allows maximum flexibility when building your dream home, including large ocean front pool & lawn as well as separate guest house. Surrounded by multi-million dollar homes & minutes away from Saint Edwards school. New construction custom home package by CoastMark Construction also available.

Last Agent to Sell the Property

Erika Ross

The Moorings Realty Sales Co. Brokerage Phone: 772-231-5131 License #3204519 Listed on: 12/20/2013

Last Buyer's Agent

Erika Ross

The Moorings Realty Sales Co. Brokerage Phone: 772-231-5131 License #3204519 Listed on: 12/20/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,934

Lot Details

  • 1.04 Acre Lot
  • Ocean Front

Utilities

  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 10
  • Assessor Parcel Number 33402200000001000009.0

Community Details

Overview

  • Floralton Beach Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$15,934

Lot Details

1.04 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.04
  • Road Surface Type: Paved
  • Subdivision Name: FLORALTON BEACH
  • Directions: A1A SOUTH OF 17TH ST CAUSEWAY TO SEAGRAPE DR. LEFT ON SEAGRAPE DR TO REEF ROAD. LEFT ON REEF ROAD TO #650
  • Attribution Contact: 772-231-5131
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1-3 Acres
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Storm Drain(s)

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 45302.0
  • Number Of Lots: 1
  • Parcel #: 33402200000001000009.0

Tax Info

  • Tax Annual Amount: 15934.0
  • Tax Block: 10
  • Tax Lot: 1
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2017
Sold by
Dechellis Anthony
Bought by
Howarth Dawn M
Current Estimated Value
$5,359,242

Purchase Details

Listed on
Dec 20, 2013
Closed on
Apr 25, 2014
Sold by
Howarth Dave E and Howarth Dawn M
Bought by
Dechellis Anthony and Anthony Dechellis Revocable Trust
Seller's Agent
Erika Ross
The Moorings Realty Sales Co.
Buyer's Agent
Erika Ross
The Moorings Realty Sales Co.
List Price
$1,995,000
Sold Price
$1,700,000
Premium/Discount to List
-$295,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Listed on
Mar 12, 2013
Closed on
Nov 22, 2013
Sold by
Ueltschi James T
Bought by
Howarth Dave E and Howarth Dawn M
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Erika Ross
The Moorings Realty Sales Co.
List Price
$3,200,000
Sold Price
$2,808,334
Premium/Discount to List
-$391,666
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-72.39%
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

Date Buyer Sale Price Title Company
Howarth Dawn M $1,925,000 Attorney
Dechellis Anthony $1,700,000 Attorney
Howarth Dave E $2,808,400 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2014 04/25/14 Sold $1,700,000 -14.8% $634 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
12/21/2013 12/21/13 For Sale $1,995,000 -29.0% $744 / Sq Ft
12/02/2013 12/02/13 Sold $2,808,334 -12.2% $1,047 / Sq Ft View Prior Sale
11/02/2013 11/02/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $3,200,000 -- $1,194 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $113,775 $8,112,370 -- --
2024 $106,158 $8,112,370 -- --
2023 $106,158 $7,654,118 $0 $0
2022 $103,830 $7,431,182 $2,132,225 $5,298,957
2021 $29,998 $2,063,681 $2,047,276 $16,405
2020 $29,559 $2,074,568 $2,047,276 $27,292
2019 $26,938 $1,770,446 $1,743,154 $27,292
2018 $27,062 $1,754,216 $1,743,154 $11,062
2017 $25,182 $1,604,650 $0 $0
2016 $24,764 $1,559,950 $0 $0
2015 $26,567 $1,603,540 $0 $0
2014 $26,229 $1,603,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 142528

APN: 33-40-22-00000-0010-00009.0

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