NOT LISTED FOR SALE

719 Grove Place Vero Beach, FL 32963

Estimated Value: $6,530,000 - $8,762,000

4 Beds
6 Baths
9,869 Sq Ft
$739/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $5,000,000 $507 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $46,283/month

257 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Outdoor Pool

About This Home

As of November 2020

No detail has been overlooked. Sophisticated riverfront estate in Orchid Island, built by Vero’s preeminent builders Hill Group. Features 4 bedrooms, downstairs master, 2 gst houses, 7 baths, gourmet kit, office & library in 9869±SF. Custom mahogany trim & millwork. Entertain by the courtyard pool/spa, or enjoy a sunset cruise from your prvt dock. Sizes approx see disclaimer attached.

Last Agent to Sell the Property

Cindy O'Dare

One Sotheby's Int'l Realty License #0326961 Listed on: 01/29/2020

One Sotheby's Int'l Realty

Last Buyer's Agent

Scott Oberlink

One Sotheby's Int'l Realty License #0703997

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,740

Year Built

  • Built in 2003

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 115x294
  • River Front
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Property Views

  • River
  • Garden

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 9,869 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Vaulted Ceiling
  • 1 Fireplace
  • Blinds
  • French Doors
  • Hurricane or Storm Shutters

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony
  • Patio
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 254
  • Assessor Parcel Number 31392200011000000254.0

Community Details

Overview

  • Association fees include common areas, reserve fund, security
  • Private Membership Available
  • Orchid Island Association
  • Orchid Island Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Spa

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,740

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.88
  • Lot Size: 115X294
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: A1A North of 510 to Orchid Island entrance on the west. Guard will direct.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2003
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Interior Amenities: Bathtub, Closet Cabinetry, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Master Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 9869.0
  • Stories: 2
  • Window Features: Blinds, Impact Glass
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Garden, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony, Sprinkler/Irrigation, Patio, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Air Conditioned Garage, Attached, Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub
  • Security: Gated with Guard
  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Golf, Other, Tennis Court(s), Gutter(s)
  • Association Fee: 350.0
  • Association Name: Orchid Island
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Reserve Fund, Security

Lot Info

  • Parcel #: 31392200011000000254.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 37740.0
  • Tax Lot: 254
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Nov 12, 2020
Sold by
Uniersity Of Nc At Chapel Hill Fndn Inc
Bought by
Whitney Kenneth Coleman and Whitney Elizabeth Reiko
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
Buyer's Agent
Scott Oberlink
One Sotheby's Int'l Realty
List Price
$6,995,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,995,000
-28.52%
Current Estimated Value
$7,291,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,291,424
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
May 14, 2020
Sold by
Bryson Vaughn D and Bryson Nancy F
Bought by
University Of Nc At Chapel Hill Fndn Inc

Purchase Details

Closed on
May 18, 1998
Sold by
Orchid Island Prop Inc
Bought by
Bryson Vaughn D and Bryson Nancy F
Source: Public Records

Range of Values:

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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
Whitney Kenneth Coleman $5,000,000 Attorney
University Of Nc At Chapel Hill Fndn Inc -- None Available
Bryson Vaughn D $798,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryson Vaughn D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $5,000,000 -28.5% $507 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $6,995,000 -- $709 / 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 $76,335 $7,424,292 $1,165,551 $6,258,741
2023 $76,335 $4,779,397 $0 $0
2022 $61,798 $4,386,937 $874,164 $3,512,773
2021 $64,225 $4,312,299 $874,164 $3,438,135
2020 $40,354 $2,620,232 $0 $0
2019 $39,833 $2,561,322 $0 $0
2018 $39,313 $2,513,565 $0 $0
2017 $41,319 $2,461,866 $0 $0
2016 $38,428 $2,411,230 $0 $0
2015 $38,519 $2,394,470 $0 $0
2014 $37,285 $2,375,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy O'Dare

    Seller's Agent in 2020

    Cindy O'Dare

    One Sotheby's Int'l Realty

    (772) 713-5899

    241 Total Sales

    Section Image
  • Scott Oberlink

    Buyer's Agent in 2020

    Scott Oberlink

    One Sotheby's Int'l Realty

    (772) 643-3181

    40 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 229540

APN: 31-39-22-00011-0000-00254.0

Florida Indian River County Vero Beach 32963

719 Grove Place, Vero Beach, FL

This home is located at 719 Grove Place, Vero Beach, FL 32963 since 29 January 2020 and is currently estimated at $7,291,424, approximately $738 per square foot. This property was built in 2003. 719 Grove Place is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Sebastian River High School.

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