$1,239,000
$56K PRICE DROP

9019 Somerset Bay Ln Unit 202 Vero Beach, FL 32963

Wabasso Beach Neighborhood

Estimated payment $7,162/month

Total Views 5,899
3 Beds
3 Baths
2,760 Sq Ft
$449 Price per Sq Ft

Highlights

  • Lake Front
  • Beach Access
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Gas Heated Pool

About This Home

Experience the comfort of a home w/ the ease of condo living in this spacious 3-bed, 3-bath Somerset Bay residence. Enjoy stunning sunsets from the west-facing porch & thoughtful details like impact windows, granite countertops & plantation shutters. Somerset Bay leads w/ proactive maint., incl. new roofs by 2/2025 & a completed Structural Integrity Reserve Study. Month. fees remain stable with a low 3% increase for 2025. Sellers invested extensively in updates ensuring long-term value & peace of mind. The gated community offers a resort-style pool, renovated clubhouse & priv. beach access.

Listing Agent

Sandra Alexander

One Sotheby's Int'l Realty Brokerage Phone: 772-501-1750 License #3264537 Listed on: 11/22/2024

One Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,084

Year Built

  • Built in 2003

Lot Details

  • Home fronts a pond
  • Lake Front
  • River Front
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • River
  • Lake
  • Views of Preserve

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,760 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Tinted Windows
  • Window Treatments
  • French Doors
  • Closed Circuit Camera

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Gas Heated Pool
  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 31392600040003000202.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, recreation facilities, reserve fund, sewer, trash, water
  • Elliott Merrill Association
  • Somerset Bay Condo Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Community Library
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated with Attendant
  • Card or Code Access
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,084

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: na
  • Ownership: Condo
  • Subdivision Name: SOMERSET BAY CONDO
  • Directions: A1A N to Bermuda Club on the left. Go through the gate to back, building 9019 3rd build. on left
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Year Built: 2003
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-501-1750
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Slate
  • Interior Amenities: Built-in Features, Bathtub, Crown Molding, Elevator, High Ceilings, Jetted Tub, Kitchen Island, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 2760.0
  • Stories: 4
  • Window Features: Single Hung, Tinted Windows, Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Gas Heat, Heated, Pool, Community
  • View: Preserve, Lake, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lake, Pond, River Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Air Conditioned Garage, Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room
  • Security: Closed Circuit Camera(s), Gated with Guard, Key Card Entry, Phone Entry
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Bicycle Storage, Clubhouse, Fitness, Game Room, Library, Park, Pool
  • Association Fee: 1957.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31392600040003000202.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 5084.0
  • Tax Lot: 202
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,084 $422,706 -- --
2023 $5,084 $398,828 $0 $0
2022 $5,009 $387,212 $0 $0
2021 $5,014 $375,934 $0 $0
2020 $9,210 $614,295 $0 $614,295
2019 $5,698 $406,310 $0 $0
2018 $5,660 $398,734 $0 $0
2017 $5,626 $390,533 $0 $0
2016 $5,566 $382,500 $0 $0
2015 $5,768 $379,850 $0 $0
2014 $5,634 $376,840 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Price Changed $1,239,000 -4.3% $449 / Sq Ft
11/22/2024 11/22/24 For Sale $1,295,000 -- $469 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Deed $667,900 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $625,000 --
Source: Public Records

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Source: REALTORS® Association of Indian River County

MLS Number: 283073

APN: 31-39-26-00040-0030-00202.0