3500 Ocean Drive

Local assessors in Vero Beach, FL have categorized 3500 Ocean Drive as a type of property. The home was built in 2006 and is 20 years old. The property's lot size has been calculated to be 138,521 square feet. The linear feet between the front and back of the lot was measured at 3,600 ft and the front of the lot was measured at 2,000 ft. There are also 13 partial bathrooms. This is a 500 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3500 Ocean Drive has a total of 10,752 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 12,467 sqft. Do you like to entertain? The home has a so you'll have a great option in the back of the home. In addition, there is a on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on for their cooling system. The home's is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3500 Ocean Drive was last sold in Feb 2, 2009 for $3,735,000. According to our calculations, that's $347.38 per sqft. Prior to that sales transaction, the property was sold for $790,000 in Dec 27, 2007. Current property owners are expected to pay $6,724,186 in taxes per year. The property on 3500 Ocean Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $3,949,264. To break that down further, the land itself was valued at $1,854,437. While improvements to the property were assessed at a total of $2,094,827. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.