When was property at 425 Indies Drive built and last sold?

The property at 425 Indies Drive was built in 2001 and last sold on Apr 20, 2018 for $850,000.

How much is this home worth?

The estimated value of the home located at 425 Indies Drive is $2,748,733.

What are some comparable homes to 425 Indies Drive?

There are currently no comparable homes to 425 Indies Drive.

Orchid

32963

425 Indies Drive

$2,400,000

● House - Off Market

425 Indies Drive

Vero Beach, FL 32963

4 Beds

5 Baths, 1 Half Bath

3,845 Ft²

$16,166

Est. Monthly

$626

HOA / Fees

-0.23%

Cap Rate

About This Property

Located in coveted Orchid Island Golf & Beach Club, this beautifully crafted West Indies-style courtyard home offers 4 bedrooms, a study, and 5.5 baths, including a private 2-bed, 2-bath guest cabana-ideal for a large visiting family. Overlooking the serene preserve, it offers privacy, sunset views, and generous room sizes. Quality craftsmanship shines throughout, with a granite chef's kitchen and spacious family room with gas fireplace. Multiple outdoor spaces, including a covered and screened porch, plus a pool and spa, complete this tropical retreat.

Unit Size

3,845 Ft²

Days on Market

373 days

Land Size

Price per sqft

$701

Property Type

House

Property Taxes

$2,306

HOA Dues

$626

Year Built

2001

Payment Calculator

Cap Rate Calculator

Last updated: 7 months ago (Indian River #287206)

Price History

Date / Event	Date	Event
Apr 17, 2026	Sold	Premium
Sold
Dec 10, 2025	In contract	-
In contract
Jun 21, 2025	Price Decreased	$2,695,000 ↓ $255K (8.6%)
Price Decreased
Apr 9, 2025	Listed by Orchid Island Realty	$2,950,000
Listed by Orchid Island Realty
Apr 20, 2018	Sold	Premium
Sold
Jun 21, 2004	Sold	Premium
Sold

Property Highlights

Garage

Fireplace

Building Info

Overview

General

Year Built: 2001

Effective Year Built: 2004
Building Count: 1
Total Rooms: 8
Bedroom Count: 4
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Bathroom Plumbing Fixtures: 16
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: 200
Living Units: 1
Floor Cover: 11
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 1
Garage Square Area: 790
Parking Space Count: 3
Patio Type: 11
Porch Type: 111
Pool Type: 8
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 19,166

Lot Size Depth Feet: 2,008
Lot Size Frontage Feet: 1,002
Total Building Area: 4,905
Gross Building Area: 5,155
Building Area: 4,115
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 4,115
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ORCHID ISLAND PLAT 13
Land Acres: 0000000440
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: ORCHID ISLAND PLAT 13 LOT 279 PBI 14-100

Neighborhood

School District Name: Indian River County School District

Census Tract: 050506

Zoning

Zoning: RS-3

Geography

Parcel: 31-39-22-00006-0000-00279.0

Lot: 279
Meridian: SEC 22 TWN 31S RNG 39E
Municipality: TOWN OF ORCHID
Latitude: 27.7726
Longitude: -80.4139

Address

Full Address: 425 Indies Dr

Address - House Number: 425
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: 4,846

Tax Year: 2022
Tax Amount: $1,827,463
Tax Rate Code Area: 9

Appraisal Valuation

Standard Deviation: 0.207

Valuation Date: Jan 03, 2024
Confidence Score: 71
Final Value: 1,920,118
High Value: 2,317,765
Low Value: 1,522,472

Market Valuation

Market Total Value: $1,289,885

Market Land Value: $325,808
Market Improvement Value: $964,077

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,289,885
Assessed Land Value: $325,808
Assessed Improvements Value: $964,077

Sales

Current Sale Contract Date: Apr 20, 2018

Current Sale Recording Date: Apr 20, 2018
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120180024182
Previous Sale Recording Date: Jun 21, 2004
Previous Sale Contract Date: Jun 10, 2004
Previous Sale Amount: $1,450,000
Previous Sale Document Type: 71

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

Request mortgage information redaction

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

Unit for rent at 8981 Orchid Reserve Circle, Sebastian, FL, 32958

$2,300 /mo

2 Beds
2 Baths
1,516 ft²

8981 Orchid Reserve Circle, Sebastian, FL, 32958 Listing by Kellie Bowling PA

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Heidi Levy, Orchid Island Realty
Last Updated: 7 months ago
Data Source: RAIRC, MLS# 287206

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.

425 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