NOT LISTED FOR SALE

8875 W Orchid Island Cir Unit 1 Vero Beach, FL 32963

Wabasso Beach Neighborhood

Estimated Value: $1,307,000 - $1,759,573

3 Beds
3 Baths
2,496 Sq Ft
1.88 Acres

Last Sold July 30, 2021

Last sale price $899,000 $360 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $9,010/month

Highlights

  • Beach Access
  • Fitness Center
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Intracoastal View
  • Spa

About This Home

As of July 2021

GORGEOUS RIVERFRONT VILLA at Sea Oaks with spacious wrap-around balcony and spiral stairs down to a garden level patio. Stunning water views of the Intracoastal to enjoy along with boating activity, sunsets, dolphins and common waterbirds. Qtly. HOA fees $2,050 and Beach & Tennis Qtly. fees of $1936.25 are combined to reflect monthly fee. F&B annual min. $1000/fam. $500/single.

Last Agent to Sell the Property

Debbie Cleveland

Debbie Cleveland, Broker License #3229429 Listed on: 04/14/2021

Co-Listed By

Ron Toperzer

One Sotheby's Int'l Realty License #3482571

Last Buyer's Agent

Debbie Cleveland

Debbie Cleveland, Broker License #3229429 Listed on: 04/14/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,073

Year Built

  • Built in 2006

Lot Details

  • River Front
  • North Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 2,496 Sq Ft Home
  • 4-Story Property
  • Crown Molding
  • Window Treatments
  • Tile Flooring
  • Intracoastal Views

Kitchen

  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Spa
  • Gas Heated Pool

Outdoor Features

  • Beach Access
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 31392600045003000001.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, reserve fund, roof, sewer, trash, water
  • Private Membership Available
  • Sea Oaks Property Association
  • Sea Oaks Subdivision

Amenities

  • Community Library
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Trails
  • Tennis Courts

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,073

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: n/a
  • Co List Office Mls Id: 1373
  • Co List Office Phone: 772-234-4581
  • Ownership: Condo
  • Subdivision Name: Sea Oaks
  • Directions: A1A to Sea Oaks West Gate which is South of Wabasso Beach. Sea Oaks Boulevard to Orchid Island Circle West. Entry code for Building Lobby.
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Year Built: 2006
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-234-4581
  • Special Features: None
  • Stories: 4

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Closet Cabinetry, Crown Molding, Kitchen Island, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2496.0
  • Stories: 4
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Gas Heat, Heated, Pool, Community
  • View: Intercoastal
  • View: Yes
  • Waterfront Features: River Front, Beach Access
  • Waterfront: No
  • Disclosures: No Smoking
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Balcony, Sprinkler/Irrigation, Porch, Tennis Court(s)
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Unit
  • Security: Gated with Guard, Phone Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Elevator, Fitness, Library, Other, Property Manager On-Site, Trails/Paths, Pool
  • Association Fee: 1328.75
  • Association Name: Sea Oaks Property
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 31392600045003000001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8073.0
  • Tax Lot: n/a
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jul 27, 2021
Sold by
Boutrous Edward T and Boutrous Edward T
Bought by
Fleming Scott T and Fleming Nanette S
Seller's Agent
Debbie Cleveland
Debbie Cleveland, Broker
Buyer's Agent
Debbie Cleveland
Debbie Cleveland, Broker
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,525,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,893
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Apr 20, 2010
Sold by
Empire Financial Corp
Bought by
Boutrous Edward T and Edward T Boutrous Trust
Source: Public Records

Range of Values:

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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
Fleming Scott T $899,000 Oceanside Title & Escrow
Boutrous Edward T $440,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $899,000 0.0% $360 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $899,000 -- $360 / 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 $12,277 $949,328 -- $949,328
2023 $12,277 $807,252 $0 $0
2022 $10,461 $733,865 $0 $733,865
2021 $7,958 $537,630 $0 $537,630
2020 $8,073 $537,630 $0 $537,630
2019 $8,316 $537,630 $0 $537,630
2018 $8,085 $537,630 $0 $537,630
2017 $7,830 $537,630 $0 $0
2016 $7,588 $537,630 $0 $0
2015 $7,060 $467,500 $0 $0
2014 $6,345 $425,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Debbie Cleveland

    Debbie Cleveland, Broker

    (508) 277-7522

    21 in this area

    27 Total Sales

    Debbie Cleveland
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Ron Toperzer

    One Sotheby's Int'l Realty

    (772) 913-0530

    4 in this area

    23 Total Sales

    Ron Toperzer
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 242725

APN: 31-39-26-00045-0030-00001.0

Florida Indian River County Vero Beach 32963 Wabasso Beach

8875 W Orchid Island Cir Unit 1, Vero Beach, FL

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