NOT LISTED FOR SALE

Estimated Value: $85,259 - $248,000

0.61 Acre
$260,251 Price per Acre
26,572 Sq Ft Lot

Last Sold September 14, 2022

Last sale price $85,000 $3 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $917/month

63 Days on Market

About This Lot

As of September 2022

It's all about location. How would you like to have 20,000 people drive by your business every day? Now's the chance to catch the wave of growth on Vero's SW side. And that's crowd before the new highway access ramps soon, you'll be in the best spot to benefit from the location. Call now to find out how this can become your new store or business location!

Last Agent to Sell the Property

Nic Stover

Engel & Voelkers Vero Beach License #3419552 Listed on: 06/12/2022

Engel & Voelkers Vero Beach

Last Buyer's Agent

Nic Stover

Engel & Voelkers Vero Beach License #3419552 Listed on: 06/12/2022

Engel & Voelkers Vero Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $487

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 120 x 200
  • Few Trees
  • Zoning described as Commercial,Residential

Home Design

  • 26,572 Sq Ft Home

Utilities

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

Additional Features

  • Property Views

Community Details

  • Malaluka Gardens Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 400
  • Assessor Parcel Number 33391300010000000016.0

Property Details

Property Type

Land

Est. Annual Taxes

$487

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.61
  • Lot Size: 120 x 200
  • Road Surface Type: Paved
  • Subdivision Name: Malaluka Gardens
  • Directions: US 1 to 4th Street. Turn right. It's on the Northwest corner of 4th St. and Old Dixie Hwy.
  • Attribution Contact: 772-257-8000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential
  • Living Area: 26572.0

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot, Few Trees
  • View: Clubhouse
  • View: Yes
  • Waterfront Features: None
  • 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: Commercial
  • Lot Size Sq Ft: 26572.0
  • Number Of Lots: 1
  • Parcel #: 33391300010000000016.0
  • Zoning Description: Commercial,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 487.0
  • Tax Block: 400
  • Tax Lot: 16
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2022
Closed on
Sep 12, 2022
Sold by
Guido Jr Joseph A
Bought by
Rodricks Dennis
Seller's Agent
Nic Stover
Engel & Voelkers Vero Beach
Buyer's Agent
Nic Stover
Engel & Voelkers Vero Beach
List Price
$350,000
Sold Price
$85,000
Premium/Discount to List
-$265,000
-75.71%
Current Estimated Value
$158,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,753
Avg. Annual Appreciation
20.63%

Purchase Details

Listed on
Sep 21, 2017
Closed on
May 18, 2018
Sold by
Smith Roland F and The Davis Sr Family Trust
Bought by
Guido Joseph A
Seller's Agent
Ron Rennick
Rennick Real Estate
Buyer's Agent
Ron Rennick
Rennick Real Estate
List Price
$88,500
Sold Price
$45,100
Premium/Discount to List
-$43,400
-49.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%

Purchase Details

Closed on
Jan 26, 2011
Sold by
435 Old Dixie Llc
Bought by
Davis Charles Benjamin and Davis Dolores Anna

Purchase Details

Closed on
Nov 30, 2010
Sold by
Del Mar Properties Group Ltd Inc
Bought by
435 Old Dixie Llc

Purchase Details

Closed on
Jan 13, 2006
Sold by
Posavec Miroslav
Bought by
Delmar Properties Group Ltd Inc

Purchase Details

Closed on
Jun 7, 2005
Sold by
Pomeroy Richard A and Pomeroy Norma Lee
Bought by
Posavec Miroslav

Purchase Details

Closed on
Apr 24, 2002
Sold by
Pomeroy Richard A and Pomeroy Norma Lee
Bought by
Indian River Cty

Purchase Details

Closed on
Apr 16, 1996
Sold by
Gault Douglas and Gault Suzanne
Bought by
Pomeroy Richard A and Pomeroy Norma Lee
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
Rodricks Dennis $85,000 Patch Reef Title
Guido Joseph A $45,100 Riomar Title Llc
Davis Charles Benjamin $72,600 Florida Title & Closing Co
435 Old Dixie Llc $158,585 Attorney
Delmar Properties Group Ltd Inc -- None Available
Posavec Miroslav $150,000 --
Indian River Cty $300 --
Pomeroy Richard A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2022 09/14/22 Sold $85,000 -75.7% $3 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
06/12/2022 06/12/22 For Sale $350,000 +676.1% $13 / Sq Ft
05/21/2018 05/21/18 Sold $45,100 -49.0% $19 / Sq Ft View Prior Sale
04/21/2018 04/21/18 Pending -- -- --
09/21/2017 09/21/17 For Sale $88,500 -- $37 / Sq Ft
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 $1,027 $73,114 $73,114 --
2024 $1,018 $73,114 $73,114 --
2023 $1,018 $73,114 $73,114 $0
2022 $519 $37,210 $37,210 $0
2021 $487 $33,488 $33,488 $0
2020 $494 $33,488 $33,488 $0
2019 $510 $33,488 $33,488 $0
2018 $517 $33,488 $33,488 $0
2017 $583 $37,125 $0 $0
2016 $546 $34,380 $0 $0
2015 $615 $37,130 $0 $0
2014 $571 $34,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: REALTORS® Association of Indian River County

MLS Number: 257246

APN: 33-39-13-00010-0000-00016.0