$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%
Views
20
Current Estimated Value
$391,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,550
Avg. Annual Appreciation
16.08%
Original Mortgage
$356,866
Outstanding Balance
$355,602
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$35,398
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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 List to Sale Price per Sq Ft
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

    8 in this area

    5,611 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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