NOT LISTED FOR SALE

826 Reef Rd Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $4,678,000 - $9,811,218

2 Acres
$3,622,304 Price per Acre
87,120 Sq Ft Lot

Last Sold April 17, 2017

Last sale price $3,300,000 $840 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $44,641/month

270 Days on Market

Highlights

  • Ocean Front
  • 2 Acre Lot
  • Additional Land
  • Beachland Elementary School Rated A-

About This Lot

As of April 2017

Among the last spectacular buildable ocean front homesite in prestigious "Floralton Beach" and across from the "Moorings"; the most popular neighborhoods in Vero Beach. Moorings Yacht & Country Club amenities incl. tennis, golf & more w/non-mandatory membership. Homesite expands 153 x 442 feet direct ocean on the best accreting beach in Vero. Adjacent homesite available.

Last Buyer's Agent

Chris Junker

RE/MAX Crown Realty License #3298112

RE/MAX Crown Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $45,449

Lot Details

  • 2 Acre Lot
  • Ocean Front
  • Additional Land

Utilities

  • Not Connected to Sewer
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / F
  • Assessor Parcel Number 33402200001000600001.0

Community Details

Overview

  • Association fees include common areas
  • Floralton Beach Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$45,449

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.0
  • Road Surface Type: Paved
  • Subdivision Name: Floralton Beach
  • Directions: From A1A go to Floralton entrance and follow road to Reef, turn right.
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1-3 Acres, Additional Land Available
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Storm Drain(s)
  • Association Fee: 250.0

Fee Information

  • Association Fee Includes: Common Areas, Other

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 67626.0
  • Number Of Lots: 1
  • Parcel #: 33402200001000600001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 45449.0
  • Tax Block: F
  • Tax Lot: 1
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Apr 12, 2017
Sold by
Lombardo Samuel N
Bought by
Pruskowski Joseph J and Pruskowski Sharon
Buyer's Agent
Chris Junker
RE/MAX Crown Realty
List Price
$3,995,000
Sold Price
$3,300,000
Premium/Discount to List
-$695,000
-17.4%
Current Estimated Value
$7,244,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,944,609
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Jun 29, 2015
Sold by
Lombardo Samuel N and Lombardo Dena M
Bought by
Lombardo Samuel N and Lombardo Dena M

Purchase Details

Listed on
Apr 4, 2013
Closed on
Sep 6, 2013
Sold by
Malloy John and Malloy Lynn
Bought by
Lombardo Samuel N and Lombardo Dena M
Seller's Agent
Erika Ross
The Moorings Realty Sales Co.
Buyer's Agent
David Ashcroft
Cliff Norris Real Estate
List Price
$3,200,000
Sold Price
$2,937,500
Premium/Discount to List
-$262,500
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$2,056,250
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2008
Sold by
Ruma Kay T
Bought by
Malloy John and Malloy Lynn

Purchase Details

Closed on
Feb 3, 2004
Sold by
Ruma Kay T
Bought by
Ruma Kay T
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
Pruskowski Joseph J $3,300,000 Attorney
Lombardo Samuel N -- Attorney
Lombardo Samuel N $2,937,500 Attorney
Malloy John $2,450,000 Concierge Title Agency Of Sa
Ruma Kay T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lombardo Samuel N $2,056,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2017 04/17/17 Sold $3,300,000 -17.4% $840 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
06/20/2016 06/20/16 For Sale $3,995,000 +36.0% $1,017 / Sq Ft
09/06/2013 09/06/13 Sold $2,937,500 -8.2% $747 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $3,200,000 -- $814 / 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 $74,771 $5,715,908 -- --
2023 $74,771 $5,393,027 $0 $0
2022 $73,128 $5,235,948 $0 $0
2021 $73,548 $5,083,445 $2,663,597 $2,419,848
2020 $39,618 $2,677,850 $2,663,597 $14,253
2019 $40,837 $2,677,850 $2,663,597 $14,253
2018 $41,183 $2,663,597 $2,663,597 $0
2017 $34,795 $2,210,850 $0 $0
2016 $35,300 $2,210,850 $0 $0
2015 -- $2,731,050 $0 $0
2014 -- $2,433,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Junker

    Buyer's Agent in 2017

    Chris Junker

    RE/MAX

    (772) 321-6755

    234 Total Sales

    Chris Junker
    Section Image
  • Erika Ross

    Seller's Agent in 2013

    Erika Ross

    The Moorings Realty Sales Co.

    (772) 473-7762

    131 in this area

    158 Total Sales

    Erika Ross
    Section Image

  • D

    Buyer's Agent in 2013

    David Ashcroft

    Cliff Norris Real Estate

    (888) 492-1002

    1 in this area

    12 Total Sales

    David Ashcroft
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 171848

APN: 33-40-22-00001-0006-00001.0

Florida Indian River County Vero Beach 32963 South Beach

826 Reef Rd, Vero Beach, FL

This home is located at 826 Reef Rd, Vero Beach, FL 32963 since 20 June 2016 and is currently estimated at $7,244,609, approximately $1,843 per square foot. 826 Reef 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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