$363,450
SOLD APR 25, 2025

9040 Orchid Reserve Cir Sebastian, FL 32958

Wabasso Neighborhood
3 Beds
2 Baths
1,517 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

6% Below List Price

92 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Gated Community
  • New Construction
  • Outdoor Pool
  • 3-minute walk to W Wabasso Park

About This Home

As of April 2025

The Sabal is a one-story villa in Orchid Reserve, Sebastian, FL, offering 1,516 sq. ft. with three bedrooms, two bathrooms, and a one-car garage. Built with all-concrete block construction, it features luxury vinyl plank flooring in the main living and wet areas. The open-concept living space includes a kitchen with stainless-steel appliances and quartz countertops. The primary suite offers an ensuite bath with dual sinks and a walk-in shower. Smart home technology and energy-efficient features add convenience and modern living in a desirable location.

Last Agent to Sell the Property

Liz Boley

D R Horton Realty of Melbourne Brokerage Phone: 321-953-3123 License #3344315 Listed on: 12/18/2024

D R Horton Realty of Melbourne

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $202

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 28x86
  • Home fronts a pond
  • Lake Front
  • South Facing Home

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,517 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 82
  • Assessor Parcel Number 31392800012000000082.0

Community Details

Overview

  • Association fees include common areas
  • Towers Management Association
  • Orchid Reserve Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$202

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 28X86
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Reserve
  • Directions: I-95 to exit 156 CR 512-East to 90th Ave-Right on 90th Ave, continue East on 85th to US 1. Take Left on US1.Community is on right side of street in approximately 1.5 miles.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Townhouse
  • Year Built: 2024
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Attached,Townhouse
  • Attribution Contact: 321-953-3123
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1517.0
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 199.0
  • Association Name: TOWERS MANAGEMENT
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31392800012000000082.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Apr 25, 2025
Sold by
Dr Horton Inc
Bought by
Maria G Caro Revocable Living Trust and Caro
Seller's Agent
Liz Boley
D R Horton Realty of Melbourne
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$388,450
Sold Price
$363,450
Premium/Discount to List
-$25,000
-6.44%
Total Days on Market
92
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.63%
Original Mortgage
$356,866
Outstanding Balance
$356,866
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$5,134
Source: Public Records

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Range of Values:

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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
Special Warranty Deed $363,450 Dhi Title Of Florida
Special Warranty Deed $363,450 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,866 FHA
Closed $356,866 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $363,450 0.0% $240 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $363,450 -2.7% $240 / Sq Ft
01/28/2025 01/28/25 Price Changed $373,450 -2.6% $246 / Sq Ft
01/14/2025 01/14/25 Price Changed $383,450 +4.1% $253 / Sq Ft
12/31/2024 12/31/24 Price Changed $368,450 -5.1% $243 / Sq Ft
12/18/2024 12/18/24 For Sale $388,450 -- $256 / Sq Ft
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
2024 $202 $42,500 $42,500 --
2023 $202 $9,350 $0 $0
2022 $120 $8,500 $8,500 $0
2021 $124 $8,500 $8,500 $0
2020 $126 $8,500 $8,500 $0
2019 $130 $8,500 $8,500 $0
2018 $127 $8,500 $8,500 $0
2017 $114 $7,225 $0 $0
2016 $116 $7,230 $0 $0
2015 $121 $7,230 $0 $0
2014 $112 $6,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liz Boley

    Seller's Agent in 2025

    Liz Boley

    D R Horton Realty of Melbourne

    (321) 471-5485

    4 in this area

    6,036 Total Sales

    Liz Boley
    Section Image

  • N

    Buyer's Agent in 2025

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 283770

APN: 31-39-28-00010-0000-00072.0

Florida Indian River County Sebastian 32958 Wabasso

9040 Orchid Reserve Cir, Sebastian, FL

This home is located at 9040 Orchid Reserve Cir, Sebastian, FL 32958 and is currently priced at $363,450, approximately $239 per square foot. This property was built in 2024. 9040 Orchid Reserve Cir is a home located in Indian River County with nearby schools including Pelican Island Elementary School, Storm Grove Middle School, and Sebastian River High School.

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