When was property at 1940 West Shell Lane built and last sold?

The property at 1940 West Shell Lane was built in 1992 and last sold on May 22, 2017 for $488,900.

How much is this home worth?

The estimated value of the home located at 1940 West Shell Lane is $0.

What are some comparable homes to 1940 West Shell Lane?

There are currently no comparable homes to 1940 West Shell Lane.

Wabasso Beach

32963

1940 W Shell Lane

$945,000

● House - Off Market

1940 W Shell Lane

Vero Beach, FL 32963

3 Beds

2 Baths

2,101 Ft²

$5,327

Est. Monthly

$25

HOA / Fees

About This Property

A true coastal Hideaway on Vero's North Barrier Island in the charming community of Summerplace. Designed for effortless beach style living, this 1 story 3/2/2 Key West pool home sits on a private, oak canopy st, w/ pet friendly deeded beach access. Completely modernized w/ all impact windows & doors, 2018 metal roof, 2023 AC, updated plumbing & 2024 tankless WH. Inside features include marble flooring, open concept, island kitchen, custom built-ins, fireplace & poolside primary suite. Ideal for a full-time residence, coastal retreat, or elegant beach rental. Tropical fenced backyard. Low HOA!

Unit Size

2,101 Ft²

Days on Market

15 days

Land Size

0.23 acres

Price per sqft

$461

Property Type

House

Property Taxes

$549

HOA Dues

$25

Year Built

1992

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Last updated: 8 months ago (Indian River #294743)

Price History

Date / Event	Date	Event
Feb 23, 2026	Sold	Premium
Sold
Feb 12, 2026	In contract	-
In contract
Feb 8, 2026	Listed by Pelican Island Realty LLC	$968,000
Listed by Pelican Island Realty LLC
May 22, 2017	Sold	Premium
Sold
Dec 28, 2010	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1992

Effective Year Built: 1992
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 7
Building Condition: 0
Building Quality: 9
Construction Type: 17
Building Style: 25
Exterior Walls Type: 17
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Parking Type: 5
Garage Type: 1
Garage Square Area: 441
Parking Space Count: 2
Patio Type: 11
Porch Type: 102
Pool Type: 8
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 10,019

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 850
Total Building Area: 2,542
Gross Building Area: 2,542
Building Area: 2,101
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,101
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SUMMERPLACE UNIT 1
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: SUMMERPLACE UNIT 1 BLK 1 LOT 39 PBI 6-56

Neighborhood

School District Name: Indian River County School District

Census Tract: 050506

Zoning

Zoning: RS-6

Geography

Parcel: 31-39-23-00004-0010-00039.0

Block: 1
Lot: 39
Meridian: SEC 23 TWN 31S RNG 39E
Municipality: UNINCORPORATED
Latitude: 27.7642
Longitude: -80.4005

Address

Full Address: 1940 W Shell Ln

Legal Unit: 1
Address - House Number: 1940
Street Direction: W
Address - Street Name: Shell
Address - Suffix Type: Ln
State: FL
City Name: Vero Beach
Carrier Code: R035
4-Digit Zip Code: 4551
Zip Code: 32963

Valuation

Tax

Total Area: 2,436

Tax Year: 2022
Tax Amount: $576,551
Tax Rate Code Area: 1

Appraisal Valuation

Standard Deviation: 0.207

Valuation Date: Jan 03, 2024
Confidence Score: 71
Final Value: 841,735
High Value: 1,016,054
Low Value: 667,416

Market Valuation

Market Total Value: $482,615

Market Land Value: $183,371
Market Improvement Value: $299,244

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $437,722

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 22, 2017

Current Sale Recording Date: May 22, 2017
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120170028999
Previous Sale Recording Date: Dec 28, 2010
Previous Sale Contract Date: Dec 20, 2010
Previous Sale Amount: $297,000
Previous Sale Document Type: 71

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

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Comparables

About Wabasso Beach

Stats & Trends

Median Asking:

$876,389

Sale Price/ft²

$446

Below Asking

0.02%

Average Days on Market

104

Average Home Size

2292 ft²

Average Home Age

25.4 years

Currently For Sale

39 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

Unit for rent at 1941 W Shell Lane, Vero Beach, FL, 32963

$7,400 /mo

2 Beds
2 Baths
1,309 ft²

1941 W Shell Lane, Vero Beach, FL, 32963 Listing by Christine Harry

Unit for rent at 9190 Spring Time Drive, Vero Beach, FL, 32963

$8,000 /mo

4 Beds
4 Baths
3,069 ft²

9190 Spring Time Drive, Vero Beach, FL, 32963 Listing by Nancy M Carty

Unit for rent at 8012 Us Highway 1, Vero Beach, FL, 32967

$2,150 /mo

2 Beds
2 Baths
1,026 ft²

8012 Us Highway 1, Vero Beach, FL, 32967 Listing by Jaime Aguilar

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Nancy T Beeh, Pelican Island Realty LLC
Last Updated: 8 months ago
Data Source: RAIRC, MLS# 294743

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

1940 W Shell Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Wabasso Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions