$1,395,000
PENDING $100K PRICE DROP

9037 Somerset Bay Ln Unit 302 Vero Beach, FL 32963

Wabasso Beach Neighborhood

Estimated payment $10,208/month

Total Views 13,717
3 Beds
3.5 Baths
3,088 Sq Ft
$452 Price per Sq Ft

Highlights

  • Lake Front
  • Gated Community
  • Clubhouse
  • Beachland Elementary School Rated A-
  • River View
  • Vaulted Ceiling

About This Home

Elegant condo offers unobstructed views of Indian River Intracoastal waterway. Beautifully finished w/Saturnia marble floors in Living Area, custom built-ins, crown moldings, custom window treatments, gas fireplace. New kitchen quartz counter tops, new top of the line appliances, buffet bar, interior painted 2020. New AC units in 2024. Electric roll patio screens, private elevator entry, 2 Car AC garage. Heated pool & fitness room across from Clubhouse. Deeded Beach Access. Seller paid the $35,000 assessment for Exterior Painting, new roof plus the Clubhouse. Incorrect Sq. ft. in tax record.

Listing Agent

Joseph Liguori

Premier Estate Properties Inc. License #2036841 Listed on: 06/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • Sprinkler System

HOA Fees

  • $1,957 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

  • River
  • Lake

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 3,088 Sq Ft Home
  • 4-Story Property
  • Furnished or left unfurnished upon request
  • Bar
  • Vaulted Ceiling
  • Sliding Windows
  • Family Room
  • Screened Porch
  • Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 31392600040006000302.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, recreation facilities, reserve fund, roof, security, trash, water
  • Somerset Bay Condominium Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,508

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,957 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A to Bermuda Club entrance. Drive west toward river to condos. 9037 Building, across from clubhouse.
  • Year Built: 2006
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble, Tile
  • Living Area: 3088.0
  • Dining Room Type: Family Room
  • Stories: 4
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Lake, River
  • Lot Features: Sprinkler System
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage, Two or More Spaces

Utilities

  • Security: Security Gate, Key Card Entry, Security Lights
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1957.0
  • Community Features: Clubhouse, Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Recreation Facilities, Reserve Fund, Roof, Security, Trash, Water

Lot Info

  • Parcel #: 31392600040006000302.0
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8508.0

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 $8,119 $652,011 -- --
2023 $8,119 $615,181 $0 $0
2022 $7,972 $597,263 $0 $0
2021 $9,754 $660,578 $0 $660,578
2020 $6,387 $463,294 $0 $0
2019 $6,418 $452,878 $0 $0
2018 $6,377 $444,434 $0 $0
2017 $6,341 $435,293 $0 $0
2016 $6,275 $426,340 $0 $0
2015 $6,502 $423,380 $0 $0
2014 $6,353 $420,020 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Pending -- -- --
08/11/2025 08/11/25 Price Changed $1,395,000 -6.7% $452 / Sq Ft
06/03/2025 06/03/25 For Sale $1,495,000 +75.9% $484 / Sq Ft
12/11/2020 12/11/20 Sold $850,000 -2.2% --
11/11/2020 11/11/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $869,000 -- --
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 Oceanside Title & Escrow
Warranty Deed $850,000 Oceanside Title And Escrow
Interfamily Deed Transfer -- Attorney
Warranty Deed $970,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $342,300 New Conventional
Previous Owner $350,000 Unknown
Source: Public Records

About the Listing Agent

Joseph Liguori

Premier Estate Properties Inc.

(772) 519-7112

Section Image

One of three founding Brokers/Owners of Premier Estate Properties, Joseph Liguori and his two partners have personally sold over $4 Billion in ultraluxury Boca Raton real estate, including many iconic estates and record-breaking sales too numerous to mention. Joe has been ranked for 14 years among the top 1% of 1.1 million Realtors® nationally by RealTrends and The Wall Street Journal Top 1000.

Joe has been laser focused on the Million Dollar-Plus Florida market since his company’s

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Source: BeachesMLS

MLS Number: R11096258

BeachesMLS

APN: 31-39-26-00040-0060-00302.0