$1,495,000

9037 Somerset Bay Ln Unit 302 Vero Beach, FL 32963

Wabasso Beach Neighborhood

Estimated payment $9,101/month

Total Views 267
3 Beds
3.5 Baths
3,088 Sq Ft
$484 Price per Sq Ft

Highlights

  • Beach Access
  • Fitness Center
  • Gated Community
  • Beachland Elementary School Rated A-
  • Heated Pool
  • River View

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.

Last Listed By

Nancy Hardy

Premier Estate Properties Brokerage Phone: 772-234-5555 License #0661622 Listed on: 06/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 2006

Lot Details

  • Southwest Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • River
  • Lake

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,088 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Window Treatments
  • Sliding Doors
  • Security Lights

Kitchen

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

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Balcony

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Electric Water Heater

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, sewer, security, trash, water
  • Elliot Merrill Property M Association
  • Somerset Bay Condo Subdivision
  • Handicap Modified Features In Community

Amenities

  • Trash Chute
  • Clubhouse
  • Game Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets

Security

  • Card or Code Access
  • Phone Entry
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,508

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: NA
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SOMERSET BAY CONDO
  • Directions: A1A to Bermuda Club entrance. Drive west toward river to condos. 9037 Building, across from clubhouse.
  • 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
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 4

Interior Features

  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Marble, Tile
  • Interior Amenities: Built-in Features, Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 3088.0
  • Stories: 4
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Lake, River
  • View: Yes
  • Waterfront Features: Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Balcony, Sprinkler/Irrigation
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Security: Fire Sprinkler System, Gated Community, Key Card Entry, Phone Entry, Security Lights
  • Cooling: Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Game Room, Handicap Access, Trash Chute, Pool
  • Association Fee: 1957.0
  • Association Name: Elliot Merrill Property M
  • Pets Allowed: Yes, Number Limit
  • Common Interest: Condominium

Fee Information

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31392600040006000302.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 8508.0
  • Tax Lot: NA
  • Tax Year: 2024

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
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: REALTORS® Association of Indian River County

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

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Source: REALTORS® Association of Indian River County

MLS Number: 288556

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

Florida Indian River County Vero Beach 32963 Wabasso Beach

9037 Somerset Bay Ln Unit 302, Vero Beach, FL

This home is located at 9037 Somerset Bay Ln Unit 302, Vero Beach, FL 32963 and is currently priced at $1,495,000, approximately $484 per square foot. This property was built in 2006. 9037 Somerset Bay Ln Unit 302 is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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Listing Agent
Nancy Hardy
Section Image
Premier Estate Properties
(772) 519-7112