NOT LISTED FOR SALE

87 Cache Cay Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $1,706,000 - $1,976,000

3 Beds
3.5 Baths
3,556 Sq Ft
$531/Sq Ft Est. Value

Sale Details

Date Sold: November 27, 2023

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

Est. 10% increase in value since last sale

Current estimated payment $12,136 / mo

86 Days on Market

Highlights

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

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,556 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Skylights
  • 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

  • Spa
  • Outdoor Shower

Outdoor Features

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

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

0.48 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2025
Sold by
Bought by
Current Estimated Value
$1,889,846

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
$1,173,584
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$716,262

Purchase Details

Listed on
Sep 1, 2023
Closed on
Nov 27, 2023
Sold by
Bought by
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
3.64%
Original Mortgage
$750,000
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2004
Sold by
Bought by

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
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Investors Title Insurance Agen
$1,725,000 Supreme Title Solutions
$775,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    44 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

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