NOT LISTED FOR SALE

89 Cache Cay Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $1,095,000 - $2,477,933

3 Beds
2.5 Baths
2,040 Sq Ft
$927/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2020

Last sale price $480,000 $235 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $12,804 / mo

49 Days on Market

Highlights

  • Gated with Attendant
  • Pool
  • 2 Car Attached Garage
  • Beachland Elementary School Rated A-
  • River View
  • Patio

About This Home

As of June 2020

Great opportunity to own riverfront property in Cache Cay. This pool home has been gutted and is ready for your finishing touches. Ideal location with incredible views. Watch the sunset from the covered lanai overlooking the pool & river. Sizes approx./subj. to error.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,611

Year Built

  • Built in 1978

Lot Details

  • 16,117 Sq Ft Lot
  • River Front
  • South Facing Home
  • Property is zoned R-1A

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Garage Space

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,040 Sq Ft Home
  • Property has 1 Level
  • Entrance Foyer
  • Concrete Flooring
  • River
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pool Bathroom
  • Patio

Utilities

  • No Cooling
  • No Heating
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 324029000140000000450

Community Details

Overview

  • Cache Cay Subdivision
  • Mandatory home owners association
  • The community has rules related to no recreational vehicles or boats

Recreation

  • Community Pool

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,611

Year Built

Built in 1978

Lot Details

0.37 Acres

HOA Fees

$192 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Directions: North on A1A to light at Bahia Mar Rd, go left & another left on Bethel Creek Dr to Cache Cay. Guard will direct.
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 1
  • Lot Size Acres: 0.37
  • New Construction: No
  • Road Frontage Type: Private Road, Paved Road, Private
  • Road Surface Type: Paved Road, Paved
  • Building Stories: 1
  • Structure Type: House
  • Subdivision Name: CACHE CAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 480000
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Entrance Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 2040
  • Stories: 1
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level

Exterior Features

  • Roof: Comp Shingle Roof, Composition Roll, Shingle
  • View: Pool, River, River View
  • Construction Type: Frame, Frame With Stucco, Stucco
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Features: Pool Bath
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage, No Rv/Boats
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Dryer Hook-Up, Washer Hookup
  • Security: Gated with Guard
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 192
  • Amenities: Guard At Gate, None, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Mandatory Hoa, None, Paved Road, Private Roads

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 324029000140000000450
  • Lot Size Sq Ft: 16117
  • Zoning: R-1A

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9611

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
Oct 13, 2022
Sold by
Bought by
Current Estimated Value
$1,890,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,933,752
Interest Rate
0.06%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 25, 2020
Closed on
Jun 12, 2020
Sold by
Bought by
List Price
$550,000
Sold Price
$480,000
Premium/Discount to List
-$70,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.01%
Original Mortgage
$336,000
Interest Rate
0.032%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jul 19, 2019
Sold by
Bought by
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Milo Thornton
Atlantic Shores ERA Powered
List Price
$715,000
Sold Price
$520,000
Premium/Discount to List
-$195,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.51%

Purchase Details

Listed on
Aug 10, 2012
Closed on
Oct 22, 2012
Sold by
Bought by
List Price
$595,000
Sold Price
$537,500
Premium/Discount to List
-$57,500
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$403,125
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2000
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 1998
Sold by
Bought by
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

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
-- None Listed On Document
$480,000 Supreme Title Solutions Llc
$520,000 Liberty Ttl Co Of America In
$537,500 Elite Title Of The Treasure
-- --
$248,000 --
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 $1,933,752
Previous Owner $336,000
Previous Owner $403,125
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 Prior Sale
06/12/2020 06/12/20 Sold $480,000 -12.7% $235 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $550,000 +5.8% $270 / Sq Ft
07/19/2019 07/19/19 Sold $520,000 -27.3% $255 / Sq Ft View Prior Sale
06/19/2019 06/19/19 Pending -- -- --
03/28/2018 03/28/18 For Sale $715,000 +33.0% $350 / Sq Ft
10/23/2012 10/23/12 Sold $537,500 -9.7% $263 / Sq Ft View Prior Sale
09/23/2012 09/23/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $595,000 -- $292 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $27,742 $1,829,085 $868,582 $960,503
2024 $11,007 $886,345 $868,582 $17,763
2023 $11,007 $600,269 $0 $0
2022 $8,639 $592,215 $592,215 $0
2021 $7,674 $483,061 $483,061 $0
2020 $9,156 $560,555 $445,903 $114,652
2019 $9,611 $572,891 $445,903 $126,988
2018 $7,180 $458,518 $0 $0
2017 $7,125 $449,087 $0 $0
2016 $7,041 $439,850 $0 $0
2015 $7,215 $436,800 $0 $0
2014 $6,783 $425,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matilde Sorensen

    Seller's Agent in 2019

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    74 in this area

    195 Total Sales

    Matilde Sorensen
    Section Image

  • M

    Buyer's Agent in 2019

    Milo Thornton

    Atlantic Shores ERA Powered

    (772) 228-2111

    2 in this area

    15 Total Sales

    Milo Thornton
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10612358

MIAMI REALTORS® MLS

APN: 32-40-29-00014-0000-00045.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

89 Cache Cay Dr, Vero Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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