NOT LISTED FOR SALE

7 Royal Palm Point Unit PH-W Vero Beach, FL 32960

Estimated Value: $2,425,000 - $2,666,000

3 Beds
3.5 Baths
-- Sq Ft
2005 Built

Last Sold February 19, 2021

Last sale price $1,800,000

Est. 39% increase in value since last sale

Current estimated payment $16,881/month

180 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • Intracoastal View
  • Outdoor Pool
  • Beachland Elementary School Rated A-
  • River Front
  • 1-minute walk to Royal Palm Pointe Park

About This Home

As of February 2021

Stunning river views from this 3br/3ba PH in the private community of Royal Palm Pointe. Gorgeous attention
to detail, large island eat in kitchen w/river views that opens to the living & family room. Private elevator entry, under
bldg parking, impact windows & doors, community pool, gated entry & much more! Close to shopping, restaurants &
entertainment. Sizes approx/subj error.

Last Agent to Sell the Property

Kay Brown

Premier Estate Properties License #0189216 Listed on: 07/23/2020

Last Buyer's Agent

Fran Smyrk

One Sotheby's Int'l Realty License #0683699

One Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,439

Year Built

  • Built in 2005

Lot Details

  • River Front
  • North Facing Home

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • High Ceiling
  • Window Treatments
  • French Doors

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Pool
  • Access To Intracoastal Waterway
  • Balcony

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32403100017000200003.1

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, sewer, trash
  • Ar Choice Association
  • Royal Palm Pointe Subdivision

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,439

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Co List Office Mls Id: 0371
  • Co List Office Phone: 772-234-5555
  • Ownership: Condo
  • Subdivision Name: Royal Palm Pointe
  • Directions: Indian River Blvd north of 17th street. Right on Royal Palm Point. Building will be on the right.
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 2005
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-234-5555
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Marble
  • Interior Amenities: Crown Molding, High Ceilings, French Door(s)/Atrium Door(s)
  • Stories: 3
  • Window Features: Impact Glass, Window Treatments
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Other

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Covered, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Green Building Features: Reception Area
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Elevator, Other, Trash Chute, Water Access, Pool
  • Association Fee: 1552.0
  • Association Name: AR Choice
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Sewer, Trash

Lot Info

  • Parcel #: 32403100017000200003.1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17439.0
  • Tax Lot: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Feb 18, 2021
Sold by
Wardell Patricia
Bought by
Russell Paul M
Seller's Agent
Kay Brown
Premier Estate Properties
Buyer's Agent
Fran Smyrk
One Sotheby's Int'l Realty
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Total Days on Market
180
Current Estimated Value
$2,508,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,146
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Nov 26, 2018
Sold by
Bynum Jerry Kevin and Bynum Vanessa
Bought by
Wardell Patricia

Purchase Details

Closed on
Feb 16, 2010
Sold by
Ranch Holdings Llc
Bought by
Bynum Jerry Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Russell Paul M $1,800,000 Attorney
Wardell Patricia $2,000,000 Attorney
Bynum Jerry Kevin $950,000 Elite Title Of The Treasure
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bynum Jerry Kevin $200,000
Previous Owner Bynum Jerry Kevin $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $1,800,000 -7.7% --
01/20/2021 01/20/21 Pending -- -- --
07/23/2020 07/23/20 For Sale $1,950,000 -- --
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 $34,422 $2,248,200 -- $2,248,200
2023 $34,422 $2,248,200 $0 $2,248,200
2022 $34,672 $2,219,160 $0 $2,219,160
2021 $18,179 $1,178,146 $0 $0
2020 $18,166 $1,161,880 $0 $0
2019 $18,240 $1,135,758 $0 $0
2018 $19,936 $1,241,468 $0 $1,241,468
2017 $18,805 $1,182,350 $0 $0
2016 $17,541 $1,105,000 $0 $0
2015 $17,307 $1,105,000 $0 $0
2014 $13,454 $773,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 234349

APN: 32-40-31-00017-0002-00003.1