NOT LISTED FOR SALE

960 Reef Rd Vero Beach, FL 32963

South Beach Area

Estimated Value: $4,353,000 - $4,896,000

4 Beds
6 Baths
5,302 Sq Ft
$872/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2020

Last sale price $2,700,000 $509 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $28,677 / mo

456 Days on Market

Highlights

  • Ocean Front
  • Pool
  • Hydromassage or Jetted Bathtub
  • Beachland Elementary School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of July 2020

Magnificent one of a kind oceanfront estate on nearly an acre, adjacent to a preserve, & located in a prestigious boating/CC community. 5,300+ sq ft w/multiple balconies, unique top floor look out; all w/breathtaking panoramic views of the best beach in Vero. Bonus rm perfect for office/fitness/den/extra bdrm. Spacious rooms flow seamlessly to an outdoor setting perfect for entertaining.

Co-Listed By

Michael Thorpe

One Sotheby's Int'l Realty License #3230082

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,766

Year Built

  • Built in 1998

Lot Details

  • 27,443 Sq Ft Lot
  • Lot Dimensions are 117x233
  • Ocean Front
  • West Facing Home
  • Sprinkler System
  • Few Trees

Property Views

  • Ocean
  • Views of Preserve
  • Garden

Home Design

  • Frame Construction
  • Tile Roof

Interior Spaces

  • 5,302 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • Casement Windows
  • French Doors
  • Hurricane or Storm Shutters

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Property has ocean access
  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • Association fees include common areas, recreation facilities, security
  • Moorings Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 33402700001000000006.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,766

Year Built

Built in 1998

Lot Details

0.63 Acres

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Lot Size: 117x233
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0225
  • Co List Office Phone: 772-492-1002
  • Ownership: Single Family/Other
  • Subdivision Name: Moorings
  • Directions: South on A1A to Moorings. Left onto Galleon Drive. First house on right after stop sign.
  • Architectural Style: Multi-Level
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 4
  • Year Built: 1998
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 4

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Trash Compactor
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Slate, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Bathtub, Closet Cabinetry, Crown Molding, Elevator, Jetted Tub, Kitchen Island, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 5302.0
  • Stories: 4
  • Window Features: Casement Window(s)

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot, Few Trees
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Garden, Preserve, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Frame, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony, Enclosed Porch, Sprinkler/Irrigation, Patio, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Parking Features: Attached, Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Room
  • Cooling: Electric, Other
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 33.0
  • Association Name: None
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other, Recreation Facilities, Security

Lot Info

  • Parcel #: 33402700001000000006.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27766.0
  • Tax Lot: 6
  • Tax Year: 2019

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

Closed on
Dec 30, 2020
Sold by
Bought by
Current Estimated Value
$4,624,290

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jul 21, 2020
Sold by
Bought by
List Price
$4,595,000
Sold Price
$2,700,000
Premium/Discount to List
-$1,895,000
-41.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
Oct 27, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 1995
Sold by
Bought by
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

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
-- --
$2,700,000 Attorney
$1,100,000 --
-- --
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
Previous Owner $2,500,000
Previous Owner $1,000,000
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
07/28/2020 07/28/20 Sold $2,700,000 -41.2% $509 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
03/29/2019 03/29/19 For Sale $4,595,000 -- $867 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $39,412 $2,818,599
2024 $36,634 $2,818,599
2023 $36,634 $2,659,382 $0 $0
2022 $35,820 $2,581,924 $0 $0
2021 $36,012 $2,506,722 $0 $0
2020 $39,327 $2,655,238 $1,411,517 $1,243,721
2019 $27,766 $2,576,820 $1,333,099 $1,243,721
2018 $27,616 $1,820,946 $0 $0
2017 $27,499 $1,783,493 $0 $0
2016 $27,235 $1,746,810 $0 $0
2015 $28,222 $1,734,670 $0 $0
2014 $27,618 $1,720,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Thorpe

    Seller Co-Listing Agent in 2020

    Michael Thorpe

    One Sotheby's Int'l Realty

    (772) 492-1002

    60 Total Sales

    Michael Thorpe
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 219161

APN: 33-40-27-00001-0000-00006.0

Florida Indian River County Vero Beach 32963

960 Reef Rd, Vero Beach, FL

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