$1,300,000
SOLD NOV 5, 2025

9037 Somerset Bay Ln Unit 302 Vero Beach, FL 32963

Wabasso Beach Neighborhood
3 Beds
3.5 Baths
3,088 Sq Ft
2006 Built

Recently Sold

$421 Per Sq Ft

13% Below List Price

87 Days on Market

Highlights

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

About This Home

As of November 2025

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 Agent to Sell the Property

Nancy Hardy

Luke D Webb Real Estate Inc Brokerage Phone: 772-234-5555 License #0661622 Listed on: 06/03/2025

Last Buyer's Agent

Bob Niederpruem

Premier Estate Properties License #0522681

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
  • Amenities: Dues Paid Monthly
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Nov 5, 2025
Sold by
Fitzgibbons Kirstin W and Myra A Webber Revocable Trust
Bought by
Kane David E and Kane Linda F
Seller's Agent
Nancy Hardy
Luke D Webb Real Estate Inc
Buyer's Agent
Bob Niederpruem
Premier Estate Properties
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%
Views
544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.06%

Purchase Details

Listed on
Feb 24, 2020
Closed on
Dec 11, 2020
Sold by
Kielley Patricia G and Kielley Patricia G
Bought by
Webber Myra A and Myra A Webber Revocable Trust
Seller's Agent
CHERYL BURGE
Berkshire Hathaway Florida
Buyer's Agent
Nancy Hardy
Luke D Webb Real Estate Inc
List Price
$869,000
Sold Price
$850,000
Premium/Discount to List
-$19,000
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Mar 11, 2019
Sold by
Kielley Patricia G
Bought by
Kielley Patricia G and The Patricia G Kielley Trust

Purchase Details

Closed on
Jun 29, 2006
Sold by
Weston Real Estate Investment Corp
Bought by
Kielley James E and Kielley Patricia G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,300,000 None Listed On Document
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2025 11/05/25 Sold $1,300,000 -6.8% $421 / Sq Ft
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% -- View Prior Sale
11/11/2020 11/11/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $869,000 -- --
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
2025 $8,758 $652,011 -- --
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

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    Nancy Hardy

    Luke D Webb Real Estate Inc

    (772) 321-8300

    2 in this area

    18 Total Sales

    Nancy Hardy
    Section Image

  • B

    Buyer's Agent in 2025

    Bob Niederpruem

    Premier Estate Properties

    (772) 538-4859

    6 in this area

    34 Total Sales

    Bob Niederpruem
    Section Image

  • C

    Seller's Agent in 2020

    CHERYL BURGE

    Berkshire Hathaway Florida

    (772) 538-0063

    78 Total Sales

    CHERYL BURGE
    Section Image
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Map

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

Sold

Condos

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