When was property at 11 Caribe Way built and last sold?

The property at 11 Caribe Way was built in 2020 and last sold on Dec 7, 2023 for $2,650,000.

How much is this home worth?

The estimated value of the home located at 11 Caribe Way is $0.

What are some comparable homes to 11 Caribe Way?

There are currently no comparable homes to 11 Caribe Way.

Orchid

32963

11 Caribe Way

Sold on Jun 15, 2020

Map

$1,075,000

● House - Off Market

11 Caribe Way

Orchid, FL 32963

3 Beds

3 Baths, 1 Half Bath

2,829 Ft²

$1,668,460

RealtyHop Estimate

40.21%

Since Jul 1, 2020

National-US

Primary Model

About This Property

Light & Bright NEWLY CONSTRUCTED 2020 in exclusive Orchid Island Golf and Beach Club. Open kitchen & floor plan. Over-sized master bedroom & bath. Private pool with water features. 2 car garage with golf cart bay. Great golf course views. Summer kitchen. 11' ceiling's with trays to 12'. Sizes approx. & Subj. to error

Unit Size

2,829 Ft²

Days on Market

130 days

Land Size

0.20 acres

Price per sqft

$421

Property Type

House

Property Taxes

$139

HOA Dues

$811

Year Built

2020

Payment Calculator

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Last updated: 4 months ago (Beaches MLS #R10598739)

Price History

Date / Event	Date	Event
Apr 1, 2026	No longer available	-
No longer available
Dec 4, 2025	Price Decreased	$2,650,000 ↓ $100K (3.6%)
Price Decreased
Nov 11, 2025	Price Decreased	$2,750,000 ↓ $145K (5%)
Price Decreased
Sep 26, 2025	Price Decreased	$2,895,000 ↓ $55K (1.9%)
Price Decreased
Aug 1, 2025	Listed by Dale Sorensen Real Estate Inc.	$2,950,000
Listed by Dale Sorensen Real Estate Inc.

	Built in 2020, this beautifully appointed home overlooks the 14th green & 15th tee box in Orchid Island. Currently the most recently built listing available in Orchid Island. This bright & open feel home offers wood floors, impact glass, full home generator & whole home water purification system. Gourmet kitchen w/wolf gas cooktop, butler's pantry w/beverage cooler, formal dining & breakfast nook. Den opens to lanai w/built-in grill overlooking the heated courtyard pool. A/C 2 car + golf cart garage. Stunning golf views. Membership to Orchid island is mandatory. Sizes approx./subj. to error.
Dec 8, 2023	No longer available	-
No longer available
Dec 7, 2023	Sold	Premium
Sold
Oct 18, 2023	In contract	-
In contract
Oct 11, 2023	No longer available	-
No longer available
Oct 2, 2023	Listed by Orchid Island Realty	$2,850,000
Listed by Orchid Island Realty
Jun 16, 2020	Sold	Premium
Sold
Feb 5, 2020	Listed by Orchid Island Realty	$1,190,000
Listed by Orchid Island Realty
Aug 1, 2012	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2020

Effective Year Built: 2020
Building Count: 1
Total Rooms: 8
Bedroom Count: 3
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 13
Building Condition: 0
Building Quality: 1
Construction Type: 0
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Parking Type: 5
Garage Type: 1
Garage Square Area: 736
Parking Space Count: 0
Patio Type: 0
Porch Type: 102
Pool Type: 8
Location Influence Type: 101

Dimensions

Lot Size Square Feet: 8,712

Lot Size Depth Feet: 1,439
Lot Size Frontage Feet: 603
Total Building Area: 3,590
Gross Building Area: 3,590
Building Area: 2,854
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,854
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ORCHID ISLAND PLAT 3
Land Acres: 0000000200
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 00
Legal Description 1: ORCHID ISLAND PLAT 3 SUB LOT 86 PBI 13-13

Neighborhood

School District Name: Indian River County School District

Census Tract: 050506

Zoning

Zoning: RS-3

Geography

Parcel: 31-39-23-00012-0000-00086.0

Lot: 86
Meridian: SEC 23 TWN 31S RNG 39E
Municipality: TOWN OF ORCHID
Latitude: 27.7652
Longitude: -80.4102

Address

Full Address: 11 Caribe Way

Address - House Number: 11
Address - Street Name: Caribe
Address - Suffix Type: Way
State: FL
City Name: Vero Beach
Carrier Code: R024
4-Digit Zip Code: 9503
Zip Code: 32963

Valuation

Tax

Tax Year: 2022

Tax Amount: $984,584
Initial Tax Delinquent Year: 2018
Tax Rate Code Area: 9

Appraisal Valuation

Standard Deviation: 0.1883

Valuation Date: Jan 03, 2024
Confidence Score: 75
Final Value: 1,488,823
High Value: 1,769,207
Low Value: 1,208,438

Market Valuation

Market Total Value: $1,054,650

Market Land Value: $106,250
Market Improvement Value: $948,400

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $729,464

Sales

Current Sale Contract Date: Dec 07, 2023

Current Sale Recording Date: Dec 07, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 60685
Previous Sale Recording Date: Jun 16, 2020
Previous Sale Contract Date: Jun 15, 2020
Previous Sale Amount: $1,075,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Orchid

Stats & Trends

Median Asking:

$3,995,000

Sale Price/ft²

$997

Below Asking

0.01%

Average Days on Market

100

Average Home Size

6158 ft²

Average Home Age

24.5 years

Currently For Sale

4 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Listed by: Anne T Torline
Orchid Island Realty
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10598739

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.