When was property at 245 Strand Terrace built and last sold?

The property at 245 Strand Terrace was built in and last sold on May 17, 2023 for $1,814,500.

How much is this home worth?

The estimated value of the home located at 245 Strand Terrace is $2,285,736.

What are some comparable homes to 245 Strand Terrace?

There are currently no comparable homes to 245 Strand Terrace.

Indian River Shores

32963

245 Strand Terrace

Map

$2,275,000

● House - For Sale

245 Strand Terrace

Vero Beach, FL 32963

4 Beds

4 Baths

3,041 Ft²

$13,277

Est. Monthly

$571

HOA / Fees

About This Property

Built in 2023, backing up to a preserve for complete privacy ($150k lot upgrade), this home in The Strand blends modern design w/ effortless Florida living. A bright, open floorplan showcases wood-look tile floors, coffered ceilings, & impact windows that fill the home w/ natural light. The kitchen offers a waterfall island, premium finishes & appliances & natural gas cooking. 4 beds & 4 full baths. Private screened saltwater pool/spa, ideal for year round enjoyment. Whole house generator, 3-car AC/Heated garage. Private deeded beach access and direct access to the historic Jungle Trail.

Unit Size

3,041 Ft²

Days on Market

97 days

Land Size

0.29 acres

Price per sqft

$748

Property Type

House

Property Taxes

$1,535

HOA Dues

$571

Year Built

Listed By

Cindy J O'Dare

[email protected]

One Sotheby's Int'l Realty

Richard Boga

[email protected]

One Sotheby's Int'l Realty

Payment Calculator

Cap Rate Calculator

Last updated: 7 days ago (Indian River #298663)

Price History

Date / Event	Date	Event
Jul 14, 2026	Listed by One Sotheby's Int'l Realty	$2,275,000
Listed by One Sotheby's Int'l Realty
May 5, 2026	Withdrawn	-
Withdrawn
Feb 26, 2026	Price Decreased	$1,995,000 ↓ $54K (2.6%)
Price Decreased
Jan 27, 2026	Price Decreased	$2,049,000 ↓ $46K (2.2%)
Price Decreased
Nov 3, 2025	Listed by One Sotheby's Int'l Realty	$2,095,000
Listed by One Sotheby's Int'l Realty

	Built in 2023, backing up to a preserve for complete privacy ($150k lot upgrade), this home in The Strand blends modern design w/ effortless Florida living. A bright, open floorplan showcases wood-look tile floors, coffered ceilings, & impact windows that fill the home w/ natural light. The kitchen offers a waterfall island, premium finishes & appliances & natural gas cooking. 4 beds & 4 full baths. Private screened saltwater pool/spa, ideal for year round enjoyment. Whole house generator, 3-car AC/Heated garage. Private deeded beach access and direct access to the historic Jungle Trail.
May 17, 2023	Sold	Premium
Sold
Jul 31, 2020	Sold	Premium
Sold

Property Highlights

Garage

Parking Details

Has Garage

Has Open Parking

Parking Features: Attached, Driveway, Garage, Garage Door Opener, AirConditionedGarage, ThreeCarGarage, ThreeOrMoreSpaces

Garage Spaces: 3

Interior Details

Full Bathrooms: 4

Interior Features: Crown Molding, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), ClosetCabinetry, PrimaryDownstairs

Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Wine Cooler, Washer, BuiltInOven

Flooring Type: Carpet, Tile

Laundry Features: Lower Level, Laundry Room, LaundryTub

Rooms: 8

Exterior Details

Square Footage: 3041

Square Footage Source: $0

Security Features: Gated Community

Architectural Style: OneStory

Year Built: 2023

Waterfront Features: Beach Access, None

Levels: One

Window Features: Blinds

Construction Materials: Block, Concrete

Patio and Porch Features: Covered, Patio, Porch, Screened

Pool Features: Private, Screen Enclosure, Pool

Pool is Private

Lot Features: QuarterToHalfAcreLot

Lot Size Area: 0.29

Lot Size Units: Acres

Lot Size Acres: 0.29

Lot Size Square Feet: 12632.4

Lot Size Dimensions: 82X167

Tax Lot: 46

Water Source: Public

Financial Details

Tax Assessed Value: $1,511,456

Tax Annual Amount: $18,414

Utilities Details

Cooling Type: TwoUnits

Heating Type: MultipleHeatingUnits

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Maintenance Grounds, Security, ReserveFund

HOA/Condo/Coop Amenities: DuesPaidQuarterly

HOA Fee: $571

HOA Fee Frequency: Monthly

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0
Location Influence Type: 201

Dimensions

Lot Size Square Feet: 12,632

Lot Size Depth Feet: 1,678
Lot Size Frontage Feet: 812
Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: V
Subdivision: THE STRAND AT INDIAN RIVER SHORES PHASE
Land Acres: 0000000290
Standard Land Use Code: 8001
County Land Use Code: 0000
Legal Description 1: THE STRAND AT INDIAN RIVER SHORES PHASE THREE LOT 46 PBI 31 - 48

Neighborhood

School District Name: Indian River County School District

Census Tract: 050505

Zoning

Zoning: R-1A

Geography

Subdivision Phase Number: 3

Parcel: 31-39-36-00044-0000-00046.0
Lot: 46
Meridian: SEC 36 TWN 31S RNG 39E
Municipality: TOWN OF INDIAN RIVER SHORES
Latitude: 27.7382
Longitude: -80.3919

Address

Full Address: 245 Strand Ter

Address - House Number: 245
Address - Street Name: Strand
Address - Suffix Type: Ter
State: FL
City Name: Vero Beach
Carrier Code: R020
4-Digit Zip Code: 4206
Zip Code: 32963

Valuation

Tax

Tax Year: 2021

Tax Amount: $264,429
Tax Rate Code Area: 2

Market Valuation

Market Total Value: $212,500

Market Land Value: $212,500

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $212,500
Assessed Land Value: $212,500

Sales

Current Sale Contract Date: May 17, 2023

Current Sale Recording Date: May 17, 2023
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: 24749
Previous Sale Recording Date: Jul 31, 2020
Previous Sale Contract Date: Jul 30, 2020
Previous Sale Amount: $750,000
Previous Sale Document Type: 68

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

Request mortgage information redaction

Comparables

About Indian River Shores

Stats & Trends

Median Asking:

$1,295,000

Sale Price/ft²

$478

Below Asking

0.04%

Average Days on Market

107

Average Home Size

2641 ft²

Average Home Age

34.6 years

Currently For Sale

83 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

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2 Baths
1,309 ft²

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$8,000 /mo

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4 Baths
3,069 ft²

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$3,950 /mo

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2 Baths
2,242 ft²

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Listed by: Cindy J O'Dare, One Sotheby's Int'l Realty
Last Updated: 7 days ago
Data Source: RAIRC, MLS# 298663

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.