$2,990,000
$910K PRICE DROP

740 Lagoon Rd Vero Beach, FL 32963

Estimated payment $17,851/month

Total Views 24,132
4 Beds
5.5 Baths
5,080 Sq Ft
$589 Price per Sq Ft

Highlights

  • Access To Intracoastal Waterway
  • Outdoor Pool
  • River View
  • Beachland Elementary School Rated A-
  • Gated Community
  • Waterfront

About This Home

BEST BUY ON THE WATER! Effective year built 2005! Nestled within the prestigious gated community of Riomar Bay II this custom-built canal home offers an unparalleled waterfront lifestyle. Relax and entertain under the beautiful covered lanai off the living rm with serene canal views; the built-in grill beckons you to dine alfresco. 4 bedrooms each boasting ensuite baths promise comfort & privacy throughout. A 2nd-floor balcony overlooks the canal, gazebo & the resort-style pool & spa. Elevator, loft, office, wood floors, and a new dock. 2-2022 & 2-2018 AC units. Sizes approx./subj. to error.

Listing Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-231-4712 License #0316531 Listed on: 10/06/2023

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,041

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 119x230
  • Waterfront
  • North Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Paver Block

Property Views

  • River
  • Canal
  • Pool

Home Design

  • Frame Construction
  • Tile Roof

Interior Spaces

  • 5,080 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • 2 Fireplaces
  • Window Treatments
  • French Doors

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Access To Intracoastal Waterway
  • Canal Access
  • Balcony
  • Enclosed Patio or Porch
  • Built-In Barbecue

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 33400500029000000034.0

Community Details

Overview

  • Association fees include common areas, reserve fund, security
  • Keystone Association
  • Riomar Bay Subdivision

Security

  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,041

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 119x230
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar Bay
  • Directions: A1A North from 17th St just past Tulip Ln on the left. Past gate take a left at stop sign to #740 on left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1989
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Elevator, High Ceilings, Kitchen Island, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 5080.0
  • Stories: 2
  • Window Features: Single Hung, Window Treatments

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Canal, Pool, River
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Enclosed Porch, Fence, Sprinkler/Irrigation, Porch
  • Patio And Porch Features: Covered, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, Paver Block

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated Community, Phone Entry
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Fee: 390.0
  • Association Name: Keystone
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 33400500029000000034.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 23041.0
  • Tax Lot: 34
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $22,006 $1,532,760 -- --
2023 $22,006 $1,446,178 $0 $0
2022 $21,396 $1,404,056 $0 $0
2021 $21,152 $1,363,161 $0 $0
2020 $21,137 $1,344,340 $0 $0
2019 $21,225 $1,314,115 $0 $0
2018 $21,203 $1,289,612 $510,000 $779,612
2017 $21,156 $1,227,989 $0 $0
2016 $19,416 $1,154,310 $0 $0
2015 $19,897 $1,146,290 $0 $0
2014 $19,105 $1,137,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $2,990,000 -9.4% $589 / Sq Ft
04/29/2024 04/29/24 Price Changed $3,299,000 -5.7% $649 / Sq Ft
03/04/2024 03/04/24 Price Changed $3,500,000 -10.3% $689 / Sq Ft
10/06/2023 10/06/23 For Sale $3,900,000 0.0% $768 / Sq Ft
06/15/2016 06/15/16 Rented $7,300 -5.8% --
05/16/2016 05/16/16 Under Contract -- -- --
05/03/2016 05/03/16 For Rent $7,750 0.0% --
05/02/2016 05/02/16 Sold $1,325,000 -38.4% $261 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
06/17/2014 06/17/14 For Sale $2,150,000 -- $423 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,325,000 Attorney
Warranty Deed $1,175,000 Attorney
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 272020

APN: 33-40-05-00029-0000-00034.0

Florida Indian River County Vero Beach 32963

740 Lagoon Rd, Vero Beach, FL

This home is located at 740 Lagoon Rd, Vero Beach, FL 32963 and is currently priced at $2,990,000, approximately $588 per square foot. This property was built in 1989. 740 Lagoon Rd is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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Matilde Sorensen
Listing Agent
Matilde Sorensen
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Dale Sorensen Real Estate Inc.
(772) 677-1223