$1,395,000

950 Sandpiper Ln Unit 1 Vero Beach, FL 32963

Estimated payment $8,036/month

Total Views 5,631
-- Bed
-- Bath
400 Sq Ft
$3,488 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No Heating
  • Beachland Elementary School Rated A-

About This Home

Lots of possibilities! This 4-unit condo building can be divided into 2- two bedroom units, or expanded to increase the square footage of each unit! Across the street from Beach Access!!

Listing Agent

Ron Rennick

Rennick Real Estate License #343454 Listed on: 02/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,590

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 80x131

Home Design

  • Composition Roof

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 33400500024000100001.0

Community Details

Overview

  • 4 Units
  • Sun & Sand Association In Subdivision

Building Details

  • Operating Expense $31,535
  • Net Operating Income $36,298

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,590

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From 17th Street Causeway turn right onto Ocean Drive, turn right onto Sandpiper Lane
  • Year Built: 1982
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 400.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Other

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 33400500024000100001.0
  • Lot Size: 80x131
  • Zoning Description: Resident

Multi Family

  • Property Net Operating Income: 36298.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 31535.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7590.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,324 $77,903 -- $77,903
2023 $1,324 $77,903 $0 $77,903
2022 $822 $60,221 $0 $60,221
2021 $780 $57,353 $0 $57,353
2020 $754 $57,353 $0 $57,353
2019 $734 $56,228 $0 $56,228
2018 $721 $56,228 $0 $56,228
2017 $688 $53,550 $0 $0
2016 $659 $51,000 $0 $0
2015 $668 $51,000 $0 $0
2014 $590 $46,410 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $1,500 -40.0% --
03/07/2025 03/07/25 Price Changed $2,500 0.0% --
02/18/2025 02/18/25 For Sale $1,395,000 0.0% $3,488 / Sq Ft
01/09/2025 01/09/25 Price Changed $1,500 -28.6% --
10/18/2024 10/18/24 For Rent $2,100 0.0% --
08/01/2024 08/01/24 Rented $2,100 +40.0% --
03/28/2024 03/28/24 Price Changed $1,500 -48.3% $4 / Sq Ft
03/06/2024 03/06/24 Price Changed $2,900 -10.8% $7 / Sq Ft
11/10/2023 11/10/23 Price Changed $3,250 -0.9% $8 / Sq Ft
11/09/2023 11/09/23 For Rent $3,280 -- --
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Block & Scarpa
Warranty Deed $72,500 Indian River Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $58,000 Unknown
Source: Public Records

Source: BeachesMLS

MLS Number: R11063516

BeachesMLS

APN: 33-40-05-00024-0001-00001.0