NOT LISTED FOR SALE

826 Reef Rd Vero Beach, FL 32963

Estimated Value: $4,486,000 - $9,023,066

2 Acres
$3,377,266 Price per Acre
87,120 Sq Ft Lot

Last Sold April 17, 2017

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

Est. 105% increase in value since last sale

Current estimated payment $42,116/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
$6,754,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,454,533
Avg. Annual Appreciation
8.56%

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
Mar 22, 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
6.98%
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
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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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2025 $81,558 $5,812,718 -- --
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

    222 Total Sales

    Chris Junker
    Section Image
  • Erika Ross

    Seller's Agent in 2013

    Erika Ross

    The Moorings Realty Sales Co.

    (772) 473-7762

    124 in this area

    148 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

    13 Total Sales

    David Ashcroft
    Section Image
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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

826 Reef Rd, Vero Beach, FL

Not Listed for Sale

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