NOT LISTED FOR SALE

87 Cache Cay Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $1,885,000 - $2,023,000

3 Beds
3.5 Baths
3,556 Sq Ft
$541/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $1,725,000 $485 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,075/month

86 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • Gated with Attendant
  • River View
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • Deck

About This Home

As of November 2023

Riverside Elegance and Entertainer's Paradise! Nestled in Cache Cay on a tranquil river, this magnificent two-story residence maintains luxury living. With its stunning river views, private boat dock, inviting pool, and exceptional entertainment spaces, this home offers a lifestyle that's truly unparalleled.Open concept living areas with lots of natural light,expansive indoor&outdoor spaces. The home features 3 ensuite bedrooms, 2 private balconies to enjoy sunrises&sunsets.Lush greenery nurtured over time with various fruit trees. Sizes approx/subj to error.

Last Agent to Sell the Property

Saskia Nemeth

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-453-7854 License #3430912 Listed on: 09/01/2023

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,727

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 204x88
  • River Front
  • Northeast Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • River
  • Canal
  • Garden
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,556 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Skylights
  • Awning
  • Tinted Windows
  • Blinds
  • Sliding Doors

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Access To Intracoastal Waterway
  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 32402900014000000044.0

Community Details

Overview

  • Association fees include common areas, security
  • Elliott Merrill Association
  • Cache Cay Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,727

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 204x88
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Cache Cay
  • Directions: From HWY A1A go west onto Bahia Mar Rd, south onto Bethel Creek Drive to Cache Cay Guardhouse.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1986
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-453-7854
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Concrete, Slate
  • Interior Amenities: Closet Cabinetry, Crown Molding, High Ceilings, Primary Downstairs, Split Bedrooms, Skylights, Walk-In Closet(s)
  • Living Area: 3556.0
  • Stories: 2
  • Window Features: Blinds, Single Hung, Tinted Windows, Window Treatments, Skylight(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Garden, Pool, Canal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: Northeast
  • Exterior Features: Awning(s), Balcony, Deck, Sprinkler/Irrigation, Outdoor Shower, Patio, Rain Gutters
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated with Guard
  • Cooling: Central Air, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Gutter(s)
  • Association Fee: 290.83
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32402900014000000044.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7727.0
  • Tax Lot: 44
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Barkwell Aaron F and Kelly Lynn
Bought by
Barkwell Aaron F and Barkwell Kelly Lynn
Current Estimated Value
$1,744,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,183,800
Outstanding Balance
$1,175,674
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$747,334

Purchase Details

Listed on
Sep 1, 2023
Closed on
Nov 27, 2023
Sold by
Gallaher Nora F
Bought by
Barkwell Aaron F
Seller's Agent
Saskia Nemeth
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$2,000,000
Sold Price
$1,725,000
Premium/Discount to List
-$275,000
-13.75%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$750,000
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2004
Sold by
Picken Christine A
Bought by
Gallaher Nora F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1995
Sold by
Picken William R and Picken Christine A
Bought by
Picken Christine A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Barkwell Aaron F -- Investors Title Insurance Agen
Barkwell Aaron F $1,725,000 Supreme Title Solutions
Gallaher Nora F $775,000 --
Picken Christine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barkwell Aaron F $1,183,800
Previous Owner Barkwell Aaron F $750,000
Previous Owner Gallaher Nora F $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $1,725,000 -6.8% $485 / Sq Ft
10/02/2023 10/02/23 Price Changed $1,850,000 -7.5% $520 / Sq Ft
09/01/2023 09/01/23 For Sale $2,000,000 -- $562 / 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 $22,782 $1,459,487 $849,941 $609,546
2024 $7,958 $1,024,180 $434,908 $589,272
2023 $7,958 $542,484 $0 $0
2022 $7,727 $526,683 $0 $0
2021 $7,621 $511,343 $0 $0
2020 $7,604 $504,283 $0 $0
2019 $7,622 $492,946 $0 $0
2018 $7,605 $483,755 $0 $0
2017 $7,549 $473,805 $0 $0
2016 $7,460 $464,060 $0 $0
2015 $7,645 $460,840 $0 $0
2014 $7,322 $456,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Saskia Nemeth

    Seller's Agent in 2023

    Saskia Nemeth

    Dale Sorensen Real Estate Inc.

    (772) 453-7854

    6 in this area

    40 Total Sales

    Saskia Nemeth
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 271106

APN: 32-40-29-00014-0000-00044.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

87 Cache Cay Dr, Vero Beach, FL

Not Listed for Sale

Detached

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