NOT LISTED FOR SALE

Estimated Value: $1,758,000 - $2,756,244

0.74 Acres
$2,904,136 Price per Acre
32,234 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $930,000 $209 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $13,738/month

255 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • Gated with Attendant
  • 0.74 Acre Lot
  • Beachland Elementary School Rated A-
  • River View
  • Cul-De-Sac

About This Lot

As of October 2020

PRIME OPPORTUNITY! Check out this .74 acre riverfront lot available with 226+/- feet of water frontage & dock! Centrally located in the exclusive Cache Cay barrier island, gated neighborhood - situated at the end of a cul-de-sac. A DEEP WATER dock is already in place & the lot is cleared & build ready. Previous 6,000+/- SF home was demolished so impact fees should be covered. MUST SEE!

Last Agent to Sell the Property

Steve Rennick

Rennick Real Estate License #3058135 Listed on: 01/03/2020

Last Buyer's Agent

Hank Wolff

One Sotheby's Int'l Realty License #3298962

One Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,590

Lot Details

  • 0.74 Acre Lot
  • River Front
  • Cul-De-Sac

Additional Features

  • River Views
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 32402900014000000048.0

Community Details

Overview

  • Association fees include common areas, security
  • Elliott Merrill Association
  • Cache Cay Subdivision

Security

  • Gated with Attendant

Recreation

  • Access To Intracoastal Waterway

Property Details

Property Type

Land

Est. Annual Taxes

$16,590

Lot Details

0.74 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.74
  • Lot Size: .74 Acre
  • Road Surface Type: Paved
  • Subdivision Name: Cache Cay
  • Directions: From A1A turn west on Bahia Mar Rd, then turn left on Bethel Creek to Cache Cay Entrance. Past guard gate to #95.
  • Attribution Contact: 772-562-5015
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Cul-De-Sac, 1/2 to 1 Acre Lot
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front
  • Waterfront: Yes

Utilities

  • Security: Gated with Guard
  • Sewer: Connected
  • Utilities: Cable Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Curbs, Storm Drain(s)
  • Association Fee: 192.0
  • Association Name: Elliott Merrill

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 32234.0
  • Number Of Lots: 1
  • Parcel #: 32402900014000000048.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16590.0
  • Tax Block: 0
  • Tax Lot: 48
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Oct 15, 2020
Sold by
Durkin Alan J
Bought by
Ryan Christopher R
Seller's Agent
Steve Rennick
Rennick Real Estate
Buyer's Agent
Hank Wolff
One Sotheby's Int'l Realty
List Price
$995,000
Sold Price
$930,000
Premium/Discount to List
-$65,000
-6.53%
Current Estimated Value
$2,149,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,219,061
Avg. Annual Appreciation
16.71%

Purchase Details

Listed on
Feb 8, 2011
Closed on
Apr 30, 2012
Sold by
Toulson Vernon F and Toulson Margaret Anna
Bought by
Durkin Alan J
Seller's Agent
Kay Brown
Premier Estate Properties
Buyer's Agent
Cami Kanner
The Land Corporation of Fl
List Price
$1,095,000
Sold Price
$865,000
Premium/Discount to List
-$230,000
-21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Original Mortgage
$345,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Hazel Kay H
Bought by
Toulson Vernon F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ryan Christopher R $930,000 Riomar Title Llc
Durkin Alan J $865,000 Island Title Agency Llc
Toulson Vernon F -- --
Toulson Vernon F $855,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durkin Alan J $345,000
Previous Owner Toulson Vernon F $684,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $930,000 -6.5% $209 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $995,000 +15.0% $224 / Sq Ft
05/01/2012 05/01/12 Sold $865,000 -21.0% $195 / Sq Ft View Prior Sale
04/01/2012 04/01/12 Pending -- -- --
02/08/2011 02/08/11 For Sale $1,095,000 -- $246 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $30,670 $1,952,447 -- --
2024 $28,159 $1,952,447 -- --
2023 $28,159 $1,842,157 $1,132,540 $709,617
2022 $14,271 $979,918 $969,019 $10,899
2021 $12,648 $796,209 $787,328 $8,881
2020 $12,374 $768,078 $763,102 $4,976
2019 $16,591 $994,262 $763,102 $231,160
2018 $17,398 $1,024,180 $546,890 $477,290
2017 $17,603 $1,030,031 $0 $0
2016 $16,718 $1,009,080 $0 $0
2015 $15,084 $838,140 $0 $0
2014 $13,547 $777,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 228675

APN: 32-40-29-00014-0000-00048.0

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