When was property at 508 Bay Drive built and last sold?

The property at 508 Bay Drive was built in 2016 and last sold on May 27, 2014 for $2,150,000.

How much is this home worth?

The estimated value of the home located at 508 Bay Drive is $0.

What are some comparable homes to 508 Bay Drive?

There are currently no comparable homes to 508 Bay Drive.

Vero Beach

32963

508 Bay Drive

$2,150,000

● Land - Off Market

508 Bay Drive

Vero Beach, FL 32963

Studio

0 Bath

$4,859,768

RealtyHop Estimate

86.91%

Since Jun 1, 2014

National-US

Primary Model

About This Property

Beautiful riverfront building lot with dock & seawall in one of Vero's most sought after neighborhoods! Next to Quail Valley River Club and close to beaches and shops.

Unit Size

Days on Market

560 days

Land Size

0.72 acres

Price per sqft

Property Type

Land

Property Taxes

$1,358

HOA Dues

Year Built

2016

Payment Calculator

Cap Rate Calculator

Last updated: 11 months ago (Indian River #132973)

Price History

Date / Event	Date	Event
Jun 2, 2014	Sold	Premium
Sold
Nov 13, 2012	Listed by Dale Sorensen Real Estate Inc.	$2,600,000
Listed by Dale Sorensen Real Estate Inc.

Property Highlights

Building Info

Overview

General

Year Built: 2016

Effective Year Built: 2016
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
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: 13
Basement Type: 0
Basement Area: 0
Parking Type: 5
Garage Type: 1
Garage Square Area: 990
Parking Space Count: 4
Patio Type: 79
Porch Type: 102
Pool Type: 8
Location Influence Type: 198

Dimensions

Lot Size Square Feet: 31,363

Lot Size Depth Feet: 2,415
Lot Size Frontage Feet: 1,360
Total Building Area: 6,480
Gross Building Area: 6,480
Building Area: 5,490
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 5,490
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: REPLAT OF RIOMAR BAY UNIT 1
Land Acres: 0000000720
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 07
Legal Description 1: RIOMAR BAY UNIT 1 REPLAT OF LOT 17 PBI 6-65 & 65A

Neighborhood

School District Name: Indian River County School District

Census Tract: 050504

Zoning

Zoning: R-1AA

Geography

Parcel: 33-40-05-00006-0000-00017.0

Lot: 17
Meridian: SEC 05 TWN 33S RNG 40E
Municipality: CITY OF VERO BEACH
Latitude: 27.6427
Longitude: -80.3647

Address

Full Address: 508 Bay Dr

Legal Unit: 1
Address - House Number: 508
Address - Street Name: Bay
Address - Suffix Type: Dr
State: FL
City Name: Vero Beach
Carrier Code: C016
4-Digit Zip Code: 2107
Zip Code: 32963

Valuation

Tax

Tax Year: 2022

Tax Amount: $5,048,182
Tax Rate Code Area: 8

Appraisal Valuation

Standard Deviation: 0.1469

Valuation Date: Jan 03, 2024
Confidence Score: 82
Final Value: 5,172,659
High Value: 5,932,556
Low Value: 4,412,761

Market Valuation

Market Total Value: $3,888,659

Market Land Value: $1,890,060
Market Improvement Value: $1,998,599

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $3,272,360

Exemptions

Disabled Exemption: Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 27, 2014

Current Sale Recording Date: Jun 02, 2014
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120140031394
Previous Sale Recording Date: Feb 03, 2012
Previous Sale Contract Date: Jan 30, 2012
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 Vero Beach

Stats & Trends

Median Asking:

$499,700

Sale Price/ft²

$334

Below Asking

0.04%

Average Days on Market

Average Home Size

1935 ft²

Average Home Age

47.6 years

Currently For Sale

207 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 476 19th Place, Vero Beach, FL, 32960

$2,900 /mo

3 Beds
3 Baths
1,614 ft²

476 19th Place, Vero Beach, FL, 32960 Listing by Katelyn M O'Neal

Unit for rent at 677 Royal Palm Boulevard, Vero Beach, FL, 32960

$1,550 /mo

2 Beds
2 Baths
1,200 ft²

677 Royal Palm Boulevard #12, Vero Beach, FL, 32960 Listing by Roberto E Berlingieri

Unit for rent at 2800 Indian River Boulevard, FL, 32960

$2,500 /mo

2 Beds
2 Baths
1,000 ft²

2800 Indian River Boulevard #1, FL, 32960 Listing by Peter G Robinson

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Matilde Sorensen, Dale Sorensen Real Estate Inc.
Last Updated: 11 months ago
Data Source: RAIRC, MLS# 132973

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.

508 Bay Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Vero Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions