NOT LISTED FOR SALE

Vero Beach, FL 32967

Wabasso Neighborhood

Estimated Value: $246,000 - $427,000

2.55 Acres
$130,151 Price per Acre
111,078 Sq Ft Lot

Last Sold October 25, 2018

Last sale price $190,000

Est. 75% increase in value since last sale

Current estimated payment $1,998/month

96 Days on Market

About This Lot

As of October 2018

2.55 AC INDUSTRIAL land w/HOUSE FOR SALE. addresses 4400, 4460,4500 77th Street. Light Industrial Zoning great for many uses. Great site for office with outside storage! Western part of land is cleared. Plenty of land to develop additional buildings! House can be used for rental income or converted into an office. 25 foot easement located inside eastern boundary line.

Last Agent to Sell the Property

Thomas 'TP' Kennedy

Alex MacWilliam, Inc. License #3377487 Listed on: 06/20/2018

Last Buyer's Agent

Thomas 'TP' Kennedy

Alex MacWilliam, Inc. License #3377487 Listed on: 06/20/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,831

Lot Details

  • 2.55 Acre Lot
  • 5 Lots in the community
  • Zoning described as Industrial

Utilities

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

Community Details

  • Hobart Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 31393300005000000001.0

Property Details

Property Type

Land

Est. Annual Taxes

$1,831

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.55
  • Road Surface Type: Paved
  • Subdivision Name: Hobart Estates
  • Directions: US 1 to 77th street, then west just over railroad tracks
  • Attribution Contact: 772-794-3799
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Industrial

Exterior Features

  • Lot Features: 1-3 Acres, Split Possible
  • Waterfront Features: None
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, Storm Drain(s)

Lot Info

  • Lot Size Sq Ft: 111078.0
  • Number Of Lots: 5
  • Parcel #: 31393300005000000001.0
  • Zoning Description: Industrial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1831.0
  • Tax Block: 0
  • Tax Lot: 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Oct 23, 2018
Sold by
Indian River Milling & Paving Llc
Bought by
63Rd Street Group Llc
Seller's Agent
Thomas 'TP' Kennedy
Alex MacWilliam, Inc.
Buyer's Agent
Thomas 'TP' Kennedy
Alex MacWilliam, Inc.
List Price
$295,000
Sold Price
$190,000
Premium/Discount to List
-$105,000
-35.59%
Current Estimated Value
$331,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,886
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Mar 29, 2017
Sold by
United Indian River Packers Llc
Bought by
Indian River Milling & Paving Llc

Purchase Details

Listed on
Sep 13, 2016
Closed on
Dec 28, 2016
Sold by
United Indian River Packers Llc
Bought by
Indian River Milling & Paving Llc
Seller's Agent
Ron Lambert
Lambert Commercial Real Estate
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
May 16, 2006
Sold by
Red Stick Golf Club Inc
Bought by
United Indian River Packers Llc

Purchase Details

Closed on
Sep 10, 1999
Sold by
Windsor Prop
Bought by
Red Stick Golf Club Inc
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
63Rd Street Group Llc $190,000 Attorney
Indian River Milling & Paving Llc -- Attorney
Indian River Milling & Paving Llc $175,000 Attorney
United Indian River Packers Llc $375,000 Attorney
Red Stick Golf Club Inc $200,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $190,000 -35.6% --
09/25/2018 09/25/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $295,000 +68.6% --
12/28/2016 12/28/16 Sold $175,000 -12.5% --
11/28/2016 11/28/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $200,000 -- --
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
2024 $2,449 $162,866 $89,695 $73,171
2023 $2,449 $163,791 $89,695 $74,096
2022 $2,377 $158,104 $89,695 $68,409
2021 $2,358 $152,079 $89,695 $62,384
2020 $1,861 $116,970 $53,817 $63,153
2019 $1,779 $108,365 $53,817 $54,548
2018 $1,809 $109,047 $53,817 $55,230
2017 $1,831 $109,047 $0 $0
2016 $1,447 $84,140 $0 $0
2015 $1,506 $84,140 $0 $0
2014 $1,368 $78,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas 'TP' Kennedy

    Seller's Agent in 2018

    Thomas 'TP' Kennedy

    Alex MacWilliam, Inc.

    (772) 794-3799

    176 Total Sales

    Thomas 'TP' Kennedy
    Section Image
  • Ron Lambert

    Seller's Agent in 2016

    Ron Lambert

    Lambert Commercial Real Estate

    (772) 538-3930

    2 in this area

    32 Total Sales

    Ron Lambert
    Section Image
See All Agents

Source: REALTORS® Association of Indian River County

MLS Number: 206785

APN: 31-39-33-00005-0000-00001.0

Florida Indian River County Vero Beach 32967

Wabasso

This home since 20 June 2018 and is currently estimated at $331,886. This home is a home located in Indian River County with nearby schools including Treasure Coast Elementary School, Storm Grove Middle School, and Sebastian River High School.

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