NOT LISTED FOR SALE

716 Reef Rd Vero Beach, FL 32963

Estimated Value: $3,105,000 - $8,548,000

5 Beds
5.5 Baths
6,800 Sq Ft
$928/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $6,800,000 $1,000 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $40,523/month

226 Days on Market

Highlights

  • Built in 2010 | Newly Remodeled
  • Private Pool
  • Garden View
  • Beachland Elementary School Rated A-
  • Waterfront
  • Fireplace

About This Home

As of April 2021

Featured as Wall Street Journal House of the Day! Inspired by French Caribbean plantation estates, this approx. 7,000 sqft oceanfront home is situated on private 1 ¾ acre estate lot with spectacular ocean views & 164ft of ocean frontage. Unfinished 1,000sqft carriage house apartment awaits your extended family. Near exclusive Ocean Drive & Moorings Club. Furnishings & 22' dock available

Last Agent to Sell the Property

Camila Visser

Luxury Real Estate Group LLC License #3266198 Listed on: 09/10/2020

Luxury Real Estate Group LLC

Last Buyer's Agent

Laurie Barfield

The Keyes Company - Stuart License #3229951

The Keyes Company - Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,950

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • Waterfront
  • West Facing Home

Parking

  • 4 Car Attached Garage

Property Views

  • Garden
  • Pool

Interior Spaces

  • 6,800 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Floralton Beach Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33402200001000100001.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,950

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A South - Left on Seagrape Drive. Right onto Reef Road.
  • Year Built: 2010
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Main Level Bedrooms: 4
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 6800.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Garden, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Direction Faces: West

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 54.17
  • Pets Allowed: Yes
  • Senior Community: No
  • Association: Yes

Lot Info

  • Parcel #: 33402200001000100001.0
  • Mobile Dim Units: Feet
  • Zoning: RS-3

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 23950.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Apr 29, 2021
Sold by
Manera John D and Living Trust Agreement Of John
Bought by
Davis Family 83 Llc
Seller's Agent
Camila Visser
Luxury Real Estate Group LLC
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$6,500,000
Sold Price
$6,800,000
Premium/Discount to List
$300,000
4.62%
Current Estimated Value
$6,200,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$599,184
Avg. Annual Appreciation
-1.58%

Purchase Details

Closed on
Oct 29, 1997
Sold by
Brewster Alison F and Fairchild Julian D
Bought by
Manera John D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Davis Family 83 Llc $6,800,000 Attorney
Manera John D $585,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2021 04/29/21 Sold $6,800,000 0.0% $1,661 / Sq Ft View Prior Sale
04/29/2021 04/29/21 Sold $6,800,000 +4.6% $1,000 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/30/2021 03/30/21 Pending -- -- --
09/05/2020 09/05/20 For Sale $6,500,000 0.0% $1,588 / Sq Ft
08/11/2020 08/11/20 For Sale $6,500,000 -- $956 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $97,183 $6,884,718 $3,463,343 $3,421,375
2024 $85,945 $6,455,768 $3,207,428 $3,248,340
2023 $85,945 $5,999,891 $0 $0
2022 $76,745 $5,454,446 $3,207,428 $2,247,018
2021 $23,770 $1,658,966 $0 $0
2020 $23,788 $1,636,061 $0 $0
2019 $23,950 $1,599,278 $0 $0
2018 $23,819 $1,569,458 $0 $0
2017 $23,724 $1,537,177 $0 $0
2016 $23,495 $1,505,560 $0 $0
2015 $24,343 $1,495,100 $0 $0
2014 $23,821 $1,483,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10645811

BeachesMLS (Greater Fort Lauderdale)

APN: 33-40-22-00001-0001-00001.0