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1070 Beach Road

1070 Beach Road, Vero Beach, FL 32963
Property in Vero Beach
Sold Apr 16, 2021
$3,100,000
$1,499,999 by Bank Of America Na
Mortgage Due May 01, 2051
Sold Jul 03, 2007
$2,500,000
1070 Beach Road has been categorized by the local assessors in Vero Beach, FL as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1070 Beach Road has 4,004 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1070 Beach Road sold most recently in Apr 9, 2021 for a total of $3,100,000. If you work out the math, that's approximately a cost of $774.23 per sqft. Before that, the property was also sold for $2,500,000 in Jun 26, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $33,705 in taxes each year. 1070 Beach Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,870,522. Improvements to the property, however, were assessed at a total of $2,870,522. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 4,004
  • Gross Building Area: 4,004
  • Building Area: 4,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,004
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN PLACE CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: OCEAN PLACE CONDOMINIUM GATEHOUSE 1070 BEACH RD (RES)OR BK 719 PP 2679

Ownership

  • Current Owner : MILLER ROBERT K
  • Current Owner 2: MILLER ROBERT K
  • Previous Owner : ENGLISH MICAELA KELLY
  • Owner Before Previous Owner: HENNESSEY MATTHEW J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050507

Geography

  • Parcel: 32-40-18-00047-1070-00001.0
  • Meridian: SEC 18 TWN 32S RNG 40E
  • Municipality: TOWN OF INDIAN RIVER SHORES
  • Latitude: 27.7004
  • Longitude: -80.3713

    Address

  • Full Address: 1070 Beach Rd
  • Address - House Number: 1070
  • Address - Street Name: Beach
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 3443
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 4,004
  • Tax Year: 2022
  • Tax Amount: $33,705
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.4882
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 2
  • Final Value: 4,347,029
  • High Value: 6,469,479
  • Low Value: 2,224,578

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,499,999
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Apr 16, 2021
  • First Open Lien Mortgage Loan Amount: $1,499,999
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $2,870,522
  • Market Improvement Value: $2,870,522

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,870,522
  • Assessed Improvements Value: $2,870,522

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Transaction ID: 11831583554
  • Current Sale Price: $3,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3120210026846
  • Previous Sale Recording Date: Jul 03, 2007
  • Previous Sale Contract Date: Jun 26, 2007
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Apr 16, 2021
  • First Mortgage Loan Amount: $1,499,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 1070 Beach Road located in?
The 1070 Beach Road is a located in the neighborhood of Vero Beach in Indian River Shores, Vero Beach.
What is the average sales price for listings in 1070 Beach Road?
The average sales price for units in 1070 Beach Road is $0 currently.

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