NOT LISTED FOR SALE

846 Banyan Rd Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $1,180,509 - $1,240,000

0.36 Acre
$3,361,819 Price per Acre
15,682 Sq Ft Lot

Last Sold March 08, 2023

Last sale price $1,175,000 $436 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,727/month

137 Days on Market

About This Lot

As of March 2023

Prime opportunity to build your dream home in the heart of Central Beach. 1st property from Ocean Drive & walking distance to pristine beaches, shops, and restaurants! This over sized lots boasts 110 feet of frontage by 140 depth. Southern facing back yard. Sizes are approx/subj to error.

Last Agent to Sell the Property

Elizabeth Sorensen

Dale Sorensen Real Estate Inc. License #3134517 Listed on: 10/21/2022

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Gene Billero

Billero & Billero Properties License #0595830

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,148

Lot Details

  • 0.36 Acre Lot
  • Few Trees

Utilities

  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • Vero Beach Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 7
  • Assessor Parcel Number 32403200006007000016.0

Property Details

Property Type

Land

Est. Annual Taxes

$9,148

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • Subdivision Name: Vero Beach Estates
  • Directions: Beachland blvd, left on Ocean Drive, Right on Banyan, First house on left.
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Few Trees
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Connected
  • Utilities: Cable Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: None, Storm Drain(s), Sidewalks
  • Association Name: NONE

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 15682.0
  • Number Of Lots: 1
  • Parcel #: 32403200006007000016.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9148.0
  • Tax Block: 7
  • Tax Lot: 16
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Mar 8, 2023
Sold by
Saunders Jared and Saunders Chelsee
Bought by
Bmb Waterfront Estates Inc
Seller's Agent
Elizabeth Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Gene Billero
Billero & Billero Properties
List Price
$1,500,000
Sold Price
$1,175,000
Premium/Discount to List
-$325,000
-21.67%
Current Estimated Value
$1,210,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,255
Avg. Annual Appreciation
1.04%

Purchase Details

Listed on
Feb 25, 2021
Closed on
Dec 9, 2021
Sold by
Wu Judy
Bought by
Saunders Jared and Dilger Chelsee
Seller's Agent
Ronald Baker
Frankel Ball Realty LLC
List Price
$1,210,000
Sold Price
$995,000
Premium/Discount to List
-$215,000
-17.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%
Original Mortgage
$796,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2006
Sold by
Thompson Cecelia
Bought by
Wu Judy
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
Bmb Waterfront Estates Inc $1,175,000 Supreme Title Solutions
Saunders Jared $995,000 Florida Ttl & Guarantee Agcy
Wu Judy $720,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saunders Jared $796,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2023 03/08/23 Sold $1,175,000 -21.7% $436 / Sq Ft
10/21/2022 10/21/22 For Sale $1,500,000 +50.8% $557 / Sq Ft
12/09/2021 12/09/21 Sold $995,000 -17.8% $369 / Sq Ft View Prior Sale
11/09/2021 11/09/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $1,210,000 -- $449 / 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 $16,772 $1,056,189 $1,051,933 $4,256
2024 $8,571 $1,000,301 $996,568 $3,733
2023 $8,571 $467,361 $0 $0
2022 $14,224 $893,628 $472,082 $421,546
2021 $9,148 $558,792 $386,249 $172,543
2020 $9,097 $549,102 $317,582 $231,520
2019 $9,570 $574,453 $317,582 $256,871
2018 $9,067 $550,695 $317,582 $233,113
2017 $8,751 $552,953 $0 $0
2016 $7,050 $409,640 $0 $0
2015 $6,728 $384,230 $0 $0
2014 $5,660 $317,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Elizabeth Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 696-1812

    47 in this area

    117 Total Sales

    Elizabeth Sorensen
    Section Image
  • Gene Billero

    Buyer's Agent in 2023

    Gene Billero

    Billero & Billero Properties

    (772) 532-0011

    38 in this area

    236 Total Sales

    Gene Billero
    Section Image
  • Ronald Baker

    Seller's Agent in 2021

    Ronald Baker

    Frankel Ball Realty LLC

    2 in this area

    12 Total Sales

    Ronald Baker
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 263554

APN: 32-40-32-00006-0070-00016.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

846 Banyan Rd, Vero Beach, FL

Not Listed for Sale

Lots

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