NOT LISTED FOR SALE

8050 Highway A1a Vero Beach, FL 32963

Estimated Value: $1,941,000

4.69 Acres
$413,859 Price per Acre
204,296 Sq Ft Lot

Last Sold June 01, 2018

Last sale price $6,700,000 $1,845 Per Sq Ft

Current estimated payment $12,201/month

Highlights

  • Ocean Front
  • 4.69 Acre Lot
  • Wooded Lot
  • Beachland Elementary School Rated A-

About This Lot

As of June 2018

FOR STATISTICAL PURPOSES ONLY

Last Agent to Sell the Property

Kay Brown

Premier Estate Properties License #0189216 Listed on: 06/01/2018

Last Buyer's Agent

Luke Webb

Luke D Webb Real Estate Inc License #3281747

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $90,789

Lot Details

  • 4.69 Acre Lot
  • Ocean Front
  • Wooded Lot
  • Many Trees

Outdoor Features

  • Property has ocean access

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Not Available

Listing and Financial Details

  • Legal Lot and Block 5 / 0050
  • Assessor Parcel Number 31393600000005000004.0

Property Details

Property Type

Land

Est. Annual Taxes

$90,789

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.69
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: A1A NORTH
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 3-5 Acres, Moderate Trees
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Not Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Storm Drain(s)

Lot Info

  • Current Use: Other
  • Lot Size Sq Ft: 202296.0
  • Number Of Lots: 1
  • Parcel #: 31393600000005000004.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 90789.0
  • Tax Block: 0050
  • Tax Lot: 5
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jun 11, 2018
Sold by
Vero A1a Llc
Bought by
8050 Ocean Llc
Seller's Agent
Kay Brown
Premier Estate Properties
Buyer's Agent
Luke Webb
Luke D Webb Real Estate Inc
List Price
$6,700,000
Sold Price
$6,700,000
Current Estimated Value
$1,941,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,759,000
Avg. Annual Appreciation
-15.45%

Purchase Details

Closed on
Oct 22, 2014
Sold by
Charleston Estates Vero Llc
Bought by
Vero A1a Llc

Purchase Details

Closed on
Apr 24, 2012
Sold by
Vero Beach Estates Development Llc
Bought by
Charleston Estates Vero Llc

Purchase Details

Closed on
Oct 7, 2004
Sold by
Loffler Leonard L and Pyle Mary Loffler
Bought by
Beach Estates Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,500,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
8050 Ocean Llc $6,700,000 Attorney
Vero A1a Llc $7,250,000 Attorney
Charleston Estates Vero Llc -- Attorney
Beach Estates Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beach Estates Development Llc $15,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $6,700,000 0.0% $1,845 / Sq Ft
06/01/2018 06/01/18 For Sale $6,700,000 -- $1,845 / 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 $92,689 -- -- --
2023 $92,689 -- -- --
2022 $92,689 $8,266,335 $8,266,335 $0
2021 $82,161 $6,602,604 $6,602,604 $0
2020 $83,664 $6,602,604 $6,602,604 $0
2019 $86,767 $6,614,700 $6,614,700 $0
2018 $88,404 $6,614,700 $6,614,700 $0
2017 $90,789 $6,614,700 $0 $0
2016 $94,723 $6,614,700 $0 $0
2015 $92,589 $6,162,500 $0 $0
2014 $56,672 $3,754,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 207655

APN: 31-39-36-00000-0050-00004.0