NOT LISTED FOR SALE

716 Reef Rd Vero Beach, FL 32963

Estimated Value: $3,226,000 - $8,233,000

5 Beds
5.5 Baths
6,800 Sq Ft
$938/Sq Ft Est. Value

Last Sold April 29, 2021

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

Est. 6% decrease in value since last sale

Current estimated payment $40,935/month

226 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Private Pool
  • Beachland Elementary School Rated A-
  • Built in 2010 | Newly Remodeled
  • Waterfront

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
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Garden
  • Pool

Home Design

  • Flat Roof Shape

Interior Spaces

  • 6,800 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Walk-In Closet
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include common areas
  • 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 Sq Ft Lot

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

  • Interior Amenities: Wet Bar, Built-in Features, Bathtub, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Elevator, Garden Tub/Roman Tub, Multiple En Suite Bathrooms, Pantry, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 4
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 6800.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Outdoor Shower
  • View: Garden, Ocean, Pool
  • Lot Features: 1-2 Acres, 2-3 Acres, Sprinklers Automatic, Sprinkler System
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: West
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: New Construction
  • Roof: Flat

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 54.17
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Beach Rights, Beach Access
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas

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
$6,380,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$419,495
Avg. Annual Appreciation
-1.30%

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

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

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