NOT LISTED FOR SALE

Estimated Value: $3,859,657 - $5,462,000

1.54 Acres
$2,860,748 Price per Acre
67,082 Sq Ft Lot

Last Sold October 20, 2021

Last sale price $2,325,000 $41 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $26,935/month

About This Lot

As of October 2021

Hard to find, 1.54 acres of oceanfront beauty! 130 ft. of frontage and over 500 ft. deep. Just south of Indian River County line with availability for 1 estate size lot or possible 5 units w/3 oceanfront units.

Last Agent to Sell the Property

Chip Landers

Berkshire Hathaway Florida License #0493976 Listed on: 03/26/2021

Berkshire Hathaway Florida

Co-Listed By

Sherry Goff

Berkshire Hathaway Florida License #3457107

Last Buyer's Agent

Chris Dold

Engel & Voelkers Vero Beach License #3273980

Engel & Voelkers Vero Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,329

Lot Details

  • 1.54 Acre Lot
  • Lot Dimensions are 130x535
  • Ocean Front
  • Few Trees
  • Zoning described as Multiple,Residential

Interior Spaces

  • 57,200 Sq Ft Home
  • Ocean Views

Outdoor Features

  • Property has ocean access

Utilities

  • Not Connected to Water Source
  • Cable TV Not Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 140312000030000

Property Details

Property Type

Land

Est. Annual Taxes

$23,329

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.54
  • Lot Size: 130x535
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0050
  • Co List Office Phone: 772-231-1270
  • Subdivision Name: Other
  • Directions: A1A south to just south of the IR county line, in between 6760 & 6740 Highway A1A in St. Lucie County.
  • Attribution Contact: 772-231-1270
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential
  • Living Area: 57200.0

Exterior Features

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

Utilities

  • Sewer: None
  • Utilities: Cable Not Available, Electricity Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: None, Storm Drain(s)
  • Association Name: None

Schools

  • Junior High Dist: St Lucie County Schools

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 57200.0
  • Number Of Lots: 1
  • Parcel #: 140312000030000
  • Zoning Description: Multiple,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23329.0
  • Tax Block: 0000
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2024
Sold by
Morris J Todd J and Morris Elycia
Bought by
Powergate Investments Llc
Current Estimated Value
$4,405,552

Purchase Details

Closed on
Mar 4, 2022
Sold by
Cp Water Llc
Bought by
Morris Elycia and Todd Morris J

Purchase Details

Listed on
Mar 26, 2021
Closed on
Oct 20, 2021
Sold by
Bluewater Ocean Estates Llc
Bought by
Cp Water Llc
Seller's Agent
Chip Landers
Berkshire Hathaway Florida
Buyer's Agent
Chris Dold
Engel & Voelkers Vero Beach
List Price
$2,495,000
Sold Price
$2,325,000
Premium/Discount to List
-$170,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.24%

Purchase Details

Closed on
Dec 17, 2008
Sold by
Lf Ocean Properties Llc
Bought by
Bluewater Ocean Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2007
Sold by
Vero Properties Llc
Bought by
Lf Ocean Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Bufo Anthony J and Bufo Cynthia R
Bought by
Vero Prop Llc

Purchase Details

Closed on
Feb 13, 2001
Sold by
Clerk Circuit Court
Bought by
Bernardo Andrew

Purchase Details

Closed on
Mar 10, 2000
Sold by
Bush John W
Bought by
Sinclair Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,633
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Powergate Investments Llc $4,000,000 None Listed On Document
Morris Elycia $3,400,000 None Listed On Document
Cp Water Llc $2,325,000 A & A Title
Bluewater Ocean Estates Llc $2,400,000 Attorney
Lf Ocean Properties Llc $1,000,000 Oceanside Title & Escrow
Vero Prop Llc $553,000 --
Bernardo Andrew $3,400 --
Sinclair Wayne $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Elycia $5,000,000
Previous Owner Bluewater Ocean Estates Llc $1,560,000
Previous Owner Lf Ocean Properties Llc $700,000
Previous Owner Bernardo Andrew $300,700
Previous Owner Sinclair Wayne $178,633
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $2,325,000 -6.8% $41 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $2,495,000 -- $44 / 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
2024 $44,033 $3,100,800 $3,100,800 --
2023 $44,033 $2,275,600 $2,275,600 $0
2022 $40,339 $2,067,200 $2,067,200 $0
2021 $23,631 $1,165,800 $1,165,800 $0
2020 $23,329 $1,136,600 $1,136,600 $0
2019 $23,622 $1,136,600 $1,136,600 $0
2018 $22,743 $1,136,600 $1,136,600 $0
2017 $24,936 $1,230,500 $1,230,500 $0
2016 $22,746 $1,133,400 $1,133,400 $0
2015 $23,290 $1,133,400 $1,133,400 $0
2014 $22,893 $1,133,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 242216

APN: 14-03-120-0003-0000