NOT LISTED FOR SALE

668 2nd Ln Vero Beach, FL 32962

Estimated Value: $173,000 - $260,000

-- Bed
-- Bath
1,125 Sq Ft
1988 Built

Last Sold March 14, 2024

Last sale price $275,000 $244 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $1,189/month

33 Days on Market

Highlights

  • Cooling Available
  • Tile Flooring
  • Heating Available

About This Home

As of March 2024

We have a commercial condo warehouse/office available for sale, with a total area of 1,125 square feet. This spacious warehouse/office is perfect for businesses looking for storage or distribution space. It offers ample room for inventory, equipment, and supplies. The unit is conveniently located and comes with various amenities to support your business needs. Don't miss out on this opportunity to own a versatile commercial space. Contact us for more details and to schedule a viewing.

Last Agent to Sell the Property

Michael Lafferty

Coldwell Banker Paradise Brokerage Phone: 772-217-3220 License #3076314 Listed on: 02/09/2024

Coldwell Banker Paradise

Last Buyer's Agent

David Stephens

Lambert Commercial Real Estate License #3464341

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Parking

  • 1 Parking Space

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property

Flooring

  • Concrete
  • Tile

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Second Land Commercial Pa Association
  • Second Lane Commerci Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33391300023000000011.0

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Commercial Sale
  • Subdivision Name: Second Lane Commerci
  • Directions: From 4th st go south on Old Dixie. Turn on 2nd LN Unit 668 in Second LaneCommercial Park Condominium
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type Additional: Industrial,Commercial
  • Attribution Contact: 772-217-3220
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Concrete, Tile
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Construction Type: Block, Concrete
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Second Land Commercial Pa

Lot Info

  • Current Use: Commercial
  • Parcel #: 33391300023000000011.0
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 12, 2024
Sold by
Waddell Lanis Clark and Waddell Melba F
Bought by
Colvin Thomas L and Whitmer Carol R
Seller's Agent
Michael Lafferty
Coldwell Banker Paradise
Buyer's Agent
David Stephens
Lambert Commercial Real Estate
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Views
20
Current Estimated Value
$213,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,952
Avg. Annual Appreciation
-13.15%

Purchase Details

Closed on
Mar 26, 2004
Sold by
Burger Gerald A
Bought by
Waddell Mitchell C and Waddell Tracy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Colvin Thomas L -- Atlantic Coastal Land Title
Colvin Thomas L $275,000 Atlantic Coastal Land Title
Colvin Thomas L $275,000 Atlantic Coastal Land Title
Waddell Mitchell C $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waddell Mitchell C $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2024 03/14/24 Sold $275,000 -4.8% $244 / Sq Ft
02/09/2024 02/09/24 For Sale $289,000 -- $257 / Sq Ft
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 $917 $50,679 -- $50,679
2024 $871 $50,679 -- $50,679
2023 $871 $50,679 $0 $50,679
2022 $866 $50,679 $0 $50,679
2021 $829 $47,810 $0 $47,810
2020 $831 $47,810 $0 $47,810
2019 $845 $47,810 $0 $47,810
2018 $851 $47,810 $0 $47,810
2017 $942 $47,810 $0 $0
2016 $844 $47,810 $0 $0
2015 $877 $47,810 $0 $0
2014 -- $43,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Lafferty

    Seller's Agent in 2024

    Michael Lafferty

    Coldwell Banker Paradise

    (772) 633-9141

    4 in this area

    24 Total Sales

    Michael Lafferty
    Section Image
  • David Stephens

    Buyer's Agent in 2024

    David Stephens

    Lambert Commercial Real Estate

    (772) 569-9155

    10 in this area

    25 Total Sales

    David Stephens
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 275375

APN: 33-39-13-00023-0000-00011.0

Florida Indian River County Vero Beach 32962

668 2nd Ln, Vero Beach, FL

Not Listed for Sale

Condos

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