NOT LISTED FOR SALE

9450 20th St Vero Beach, FL 32966

Estimated Value: $1,612,000 - $1,709,676

3.92 Acres
$423,683 Price per Acre
170,755 Sq Ft Lot

Sale Details

Date Sold: March 13, 2023

Last sale price $1,762,000

Est. 6% decrease in value since last sale

Current estimated payment $9,349 / mo

709 Days on Market

Highlights

  • 3.92 Acre Lot
  • No HOA
  • Heating Available
  • Corner Lot

About This Lot

As of March 2023

For 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

Bobby Luthra

PROPERTY INVESTMENT BROKERS License #646462 Listed on: 05/11/2020

Last Buyer's Agent

Bobby Luthra

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

Property Details

Property Type

Land

Est. Annual Taxes

$3,958

Lot Details

3.92 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 3.92
  • Lot Size Sq Ft: 142877
  • Number Of Lots: 4
  • Status: Sold
  • Total Acreage: 2 to less than 5
  • Ratio: Close Price\List Price: 0.62929
  • Price per Sq Ft: 12.33
  • Close to Original List Price Ratio: 1.46833
  • View: No
  • Ownership: Other
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12061C0220H

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Other
  • Sewer: None
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: CG
  • Parcel Number: 33-38-03-00003-0010-00002.0
  • Additional Parcels: Yes
  • Current Use: Commercial
  • Lot Features: Corner Lot
  • Lot Dimensions: 0
  • Price Per Acre: 449490
  • Flood Zone Code: A
  • Flood Zone Date: 2012-12-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 3958
  • Tax Block: A
  • Tax Book Number: 4-75
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Mar 10, 2023
Sold by
Bought by
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
8
Current Estimated Value
$1,660,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,162
Avg. Annual Appreciation
-1.79%
Original Mortgage
$1,012,000
Outstanding Balance
$976,776
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$684,062

Purchase Details

Closed on
Dec 27, 2013
Sold by
Bought by

Purchase Details

Closed on
May 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,762,000 --
-- Attorney
$300,000 Fidelity National Title Of F
$1,850,000 Patch Reef Title Company Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,012,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Stellar MLS

MLS Number: O5863380

Stellar MLS

APN: 33-38-03-00003-0010-00002.0

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