$60,000
SOLD FEB 21, 2025

9530 87th Place Vero Beach, FL 32967

0.37 Acre
$162,162 Price per Acre
16,117 Sq Ft Lot

Recently Sold

20% Below List Price

95 Days on Market

About This Lot

As of February 2025

This exceptional .37 lot in Vero Lake Estates presents an opportunity for those seeking to build their dream home! The lot is 160x100. The location on 87th PL provides privacy but also could offer lake views. Moreover, an environmental report conducted in 2020 confirmed the absence of gopher turtle burrows/wetlands. Seize the moment and make this property yours! Close to Sebastian Highschool, restaurants, shopping and I-95. No restrictions.

Last Agent to Sell the Property

Melissa Murphy

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-925-9138 License #3248852 Listed on: 11/18/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $538

Lot Details

  • 0.37 Acre Lot
  • Heavily Wooded Lot
  • 2 Lots in the community

Property Views

  • Lake Views

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Available

Community Details

  • Vero Lake Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / C
  • Assessor Parcel Number 31382700001003000008.0

Property Details

Property Type

Land

Est. Annual Taxes

$538

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.37
  • Lot Size: .37
  • Subdivision Name: Vero Lake Estates
  • Directions: 87th St west, to 96th Ave - make a right north, right on 87th Pl, property on left.
  • Attribution Contact: 772-925-9138
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Wooded
  • View: Lake
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Storm Drain(s)
  • Association Name: N/A

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 16000.0
  • Number Of Lots: 2
  • Parcel #: 31382700001003000008.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 538.0
  • Tax Block: C
  • Tax Lot: 8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Feb 21, 2025
Sold by
Deehan Tally
Bought by
Hastings Bernard H and Hastings Esther
Seller's Agent
Melissa Murphy
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
11
Current Estimated Value
$57,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,426
Avg. Annual Appreciation
-5.01%

Purchase Details

Listed on
Jan 21, 2019
Closed on
Sep 10, 2020
Sold by
Ariciaga Rosa Maria
Bought by
Deehan Talli
Seller's Agent
Albert Alvarez
RE/MAX Select Group
Buyer's Agent
Melissa Murphy
Dale Sorensen Real Estate Inc.
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%
Original Mortgage
$24,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 16, 2011
Closed on
Apr 25, 2014
Sold by
Maronda Homes Inc Of Florida
Bought by
Ariciaga Rosa Maria
Seller's Agent
Jay Garick
Adnoram Realty Corp
Buyer's Agent
Albert Alvarez
RE/MAX Select Group
List Price
$21,800
Sold Price
$9,000
Premium/Discount to List
-$12,800
-58.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.48%
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

Date Type Sale Price Title Company
Warranty Deed $60,000 Alliance Title Of The Treasure
Warranty Deed $35,000 Professional Ttl Of Treasure
Special Warranty Deed $9,000 Steel City Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $24,500 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2025 02/21/25 Sold $60,000 -6.3% --
01/08/2025 01/08/25 Price Changed $64,000 -14.7% --
11/18/2024 11/18/24 For Sale $75,000 +114.3% --
10/05/2020 10/05/20 Sold $35,000 0.0% -- View Prior Sale
09/05/2020 09/05/20 Pending -- -- --
01/21/2019 01/21/19 For Sale $35,000 +288.9% --
04/30/2014 04/30/14 Sold $9,000 -58.7% -- View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
01/17/2011 01/17/11 For Sale $21,800 -- --
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
2025 $644 $56,202 $56,202 --
2024 $538 $47,328 $47,328 --
2023 $538 $26,486 $0 $0
2022 $472 $37,862 $37,862 $0
2021 $370 $21,889 $21,889 $0
2020 $259 $17,748 $17,748 $0
2019 $256 $17,748 $17,748 $0
2018 $232 $14,790 $14,790 $0
2017 $207 $11,832 $0 $0
2016 $173 $7,690 $0 $0
2015 $178 $7,690 $0 $0
2014 $181 $8,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 282997

APN: 31-38-27-00001-0030-00008.0