Seller's Agent in 2023
Bobby Luthra
PROPERTY INVESTMENT BROKERS
(407) 468-0099
1 in this area
20 Total Sales
9450 20th St Vero Beach, FL 32966
Estimated Value: $1,358,507
3.92
Acres
$346,558
Price per Acre
170,755
Sq Ft Lot
Highlights
- 3.92 Acre Lot
- No HOA
- Heating Available
- Corner Lot
About This Lot
As of March 2023For Sale! Site consists of 3.92 acres (can be divided), all usable commercial land. Perfect for hotel, fast food, covenience store, etc. Excellent exposure to I-95 and SR 60. The site offers great visibility for a commercial tract on an exit ramp for southbound I-95. Across 20th Street is the Vero Fashion Outlet mall. This regional mall brings significant traffic to the immediate neighborhood and is the largest demand generator west of I-95.
Last Agent to Sell the Property
PROPERTY INVESTMENT BROKERS License #646462 Listed on: 05/11/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,958
Lot Details
- 3.92 Acre Lot
- Corner Lot
- 4 Lots in the community
- Additional Parcels
- Property is zoned CG
Community Details
- No Home Owners Association
- Vero Tropical Gardens Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / A
- Assessor Parcel Number 33-38-03-00003-0010-00002.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2020
Closed on
Mar 10, 2023
Sold by
Vero 95 Land Trust
Bought by
Jafco Development Llc
Seller's Agent
Bobby Luthra
PROPERTY INVESTMENT BROKERS
Buyer's Agent
Bobby Luthra
PROPERTY INVESTMENT BROKERS
List Price
$2,800,000
Sold Price
$1,762,000
Premium/Discount to List
-$1,038,000
-37.07%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$403,493
Avg. Annual Appreciation
-0.43%
Original Mortgage
$1,012,000
Outstanding Balance
$976,776
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$763,690
Purchase Details
Closed on
Dec 27, 2013
Sold by
Elite Trust & Escrow Company Llc
Bought by
Elite Trust & Escrow Company Llc and Vero 95 Land Trust
Purchase Details
Closed on
May 30, 2013
Sold by
Crm Florida Properties Llc
Bought by
Elite Trust & Escrow Company Llc
Purchase Details
Closed on
Nov 19, 2004
Sold by
The Marquis Corp
Bought by
Prime Homes Portofino Village Com Ltd
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jafco Development Llc | $1,762,000 | -- | |
| Elite Trust & Escrow Company Llc | -- | Attorney | |
| Elite Trust & Escrow Company Llc | $300,000 | Fidelity National Title Of F | |
| Prime Homes Portofino Village Com Ltd | $1,850,000 | Patch Reef Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jafco Development Llc | $1,012,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2023 03/13/23 | Sold | $1,762,000 | -37.1% | -- |
| 07/25/2022 07/25/22 | For Sale | $2,800,000 | +86.7% | -- |
| 04/20/2022 04/20/22 | Pending | -- | -- | -- |
| 07/02/2020 07/02/20 | Price Changed | $1,500,000 | +25.0% | -- |
| 05/11/2020 05/11/20 | For Sale | $1,200,000 | -- | -- |
Source: Stellar MLS
Tax History Compared to Growth
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 | $4,548 | $313,216 | $313,216 | -- |
| 2024 | $4,077 | $300,350 | $300,350 | -- |
| 2023 | $4,077 | $276,550 | $0 | $0 |
| 2022 | $3,932 | $274,170 | $274,170 | $0 |
| 2021 | $3,785 | $255,036 | $255,036 | $0 |
| 2020 | $3,842 | $255,036 | $255,036 | $0 |
| 2019 | $3,958 | $255,036 | $255,036 | $0 |
| 2018 | $4,008 | $255,036 | $255,036 | $0 |
| 2017 | $4,076 | $255,036 | $0 | $0 |
| 2016 | $4,121 | $255,040 | $0 | $0 |
| 2015 | $4,297 | $255,040 | $0 | $0 |
| 2014 | $4,555 | $274,320 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bobby Luthra
Map
Source: Stellar MLS
MLS Number: O5863380
APN: 33-38-03-00003-0010-00002.0
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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