When was property at 403 Indies Drive built and last sold?

The property at 403 Indies Drive was built in 2004 and last sold on Aug 28, 2015 for $1,725,000.

How much is this home worth?

The estimated value of the home located at 403 Indies Drive is $0.

What are some comparable homes to 403 Indies Drive?

There are currently no comparable homes to 403 Indies Drive.

Orchid

32963

403 Indies Drive

$3,500,000

● House - Off Market

403 Indies Drive

Vero Beach, FL 32963

4 Beds

5 Baths, 1 Half Bath

4,592 Ft²

$22,828

Est. Monthly

$502

HOA / Fees

0.59%

Cap Rate

About This Property

Exquisite Estuary Retreat in Orchid Island. Beautifully remodeled 4 Bedroom home overlooking the tranquil estuary, offering breathtaking views & refined coastal living. Featuring a private private office, elegant gas fireplace & seamless indoor-outdoor flow to the sparkling pool & summer kitchen. Every detail has been thoughtfully updated, blending timeless design with modern luxury. A rare opportunity to own a move-in ready waterfront haven designed for relaxation & entertaining. Sizes approx./subj. to error.

Unit Size

4,592 Ft²

Days on Market

69 days

Land Size

Price per sqft

$915

Property Type

House

Property Taxes

$1,703

HOA Dues

$502

Year Built

2004

Payment Calculator

Cap Rate Calculator

Last updated: 11 months ago (Indian River #291042)

Price History

Date / Event	Date	Event
Nov 17, 2025	Sold	Premium
Sold
Sep 9, 2025	Listed by Dale Sorensen Real Estate Inc.	$4,200,000
Listed by Dale Sorensen Real Estate Inc.
Aug 31, 2015	Sold	Premium
Sold
Jan 21, 2004	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2004

Effective Year Built: 2004
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 6
Full Bathrooms: 5
Partial Bathrooms: 6
Bathroom Plumbing Fixtures: 17
Building Condition: 0
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 18
Floor Count: 100
Living Units: 1
Floor Cover: 11
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 1
Garage Square Area: 877
Parking Space Count: 3
Patio Type: 55
Porch Type: 102
Pool Type: 8
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 20,909

Lot Size Depth Feet: 2,102
Lot Size Frontage Feet: 1,001
Total Building Area: 5,469
Gross Building Area: 5,469
Building Area: 4,592
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 4,592
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ORCHID ISLAND PLAT 15
Land Acres: 0000000480
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: ORCHID ISLAND PLAT 15 LOT 268 PBI 15-30

Neighborhood

School District Name: Indian River County School District

Census Tract: 050506

Zoning

Zoning: RS-3

Geography

Parcel: 31-39-22-00008-0000-00268.0

Lot: 268
Meridian: SEC 22 TWN 31S RNG 39E
Municipality: TOWN OF ORCHID
Latitude: 27.7697
Longitude: -80.415

Address

Full Address: 403 Indies Dr

Address - House Number: 403
Address - Street Name: Indies
Address - Suffix Type: Dr
State: FL
City Name: Vero Beach
Carrier Code: R024
4-Digit Zip Code: 9513
Zip Code: 32963

Valuation

Tax

Total Area: 5,291

Tax Year: 2022
Tax Amount: $1,927,880
Tax Rate Code Area: 9

Appraisal Valuation

Standard Deviation: 0.2129

Valuation Date: Jan 03, 2024
Confidence Score: 71
Final Value: 2,575,471
High Value: 3,123,815
Low Value: 2,027,128

Market Valuation

Market Total Value: $1,621,734

Market Land Value: $390,462
Market Improvement Value: $1,231,272

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,400,693

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 28, 2015

Current Sale Recording Date: Aug 31, 2015
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120150052313
Previous Sale Recording Date: Jan 21, 2004
Previous Sale Contract Date: Jan 20, 2004
Previous Sale Amount: $1,865,900
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 Orchid

Stats & Trends

Median Asking:

$4,084,550

Sale Price/ft²

$983

Below Asking

0.01%

Average Days on Market

106

Average Home Size

4973 ft²

Average Home Age

25.4 years

Currently For Sale

7 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: Matilde G Sorensen, Dale Sorensen Real Estate Inc.
Last Updated: 11 months ago
Data Source: RAIRC, MLS# 291042

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.

403 Indies Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Orchid

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions