When was property at 525 Banyan Road built and last sold?

The property at 525 Banyan Road was built in 1987 and last sold on Nov 17, 2023 for $1,750,000.

How much is this home worth?

The estimated value of the home located at 525 Banyan Road is $0.

What are some comparable homes to 525 Banyan Road?

There are currently no comparable homes to 525 Banyan Road.

Vero Beach

32963

525 Banyan Road

$1,114,000

● House - Off Market

525 Banyan Road

Vero Beach, FL 32963

3 Beds

2 Baths, 1 Half Bath

1,722 Ft²

$1,406,816

RealtyHop Estimate

12.55%

Since Nov 1, 2021

National-US

Primary Model

About This Property

TOTAL REMODEL Pool Home by Island Harbor Custom Builders! Open Concept, Split Plan, 3BR/2 1/2B, Gourmet Isl Kitchen, 2 Car Garage, ALL NEW: Pool w/ Travertine, Metal Roof, Bosch appliances, custom cabinetry. UNTIL installed, choice of Flooring, Countertop/Backsplash. Landscaping, Exterior Privacy Walls, Paver Driveway. Oak canopy lined street in Central Beach. Walking distance to beach.

Unit Size

1,722 Ft²

Days on Market

48 days

Land Size

Price per sqft

$726

Property Type

House

Property Taxes

$659

HOA Dues

Year Built

1987

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R10724127)

Price History

Date / Event	Date	Event
Nov 22, 2023	Sold	Premium
Sold
Oct 24, 2022	Sold	Premium
Sold
Oct 28, 2021	No longer available	-
No longer available
Oct 27, 2021	Sold	Premium
Sold
Sep 24, 2021	In contract	-
In contract
Sep 11, 2021	Relisted	$1,250,000
Relisted
Jul 7, 2021	No longer available	-
No longer available
Jun 15, 2021	Listed by Dale Sorensen Real Estate Inc.	$1,250,000
Listed by Dale Sorensen Real Estate Inc.
Jun 8, 2021	Price Increased	$1,100,000 ↑ $105K (10.6%)
Price Increased
May 20, 2021	Listed by Dale Sorensen Real Estate Inc.	$995,000
Listed by Dale Sorensen Real Estate Inc.
Jul 9, 2020	No longer available	-
No longer available
Jul 7, 2020	Price Increased	$895,000 ↑ $96K (12%)
Price Increased
May 20, 2020	Price Decreased	$799,000 ↓ $30K (3.6%)
Price Decreased
Apr 17, 2020	Listed	$829,000
Listed

	Central Beach Dream Home: TOTAL REMODEL, Enchanting Oak Canopy road, Large Lot, Elegant Entrance Boasts Spacious Privacy Courtyard 25x22, Exquisite Details Throughout, Open Floor Plan, High Vaulted Ceilings, Spacious Master, Gorgeous Pool & Huge/Private Backyard. Walk-able: Parks, Beaches, River, Marina, Shopping/Dining. A few photos are renderings. Sizes are approx/subj to error.
Jul 1, 2019	Sold	Premium
Sold
Apr 11, 2019	No longer available	-
No longer available
Feb 16, 2019	Price Decreased	$550,000 ↓ $40K (6.8%)
Price Decreased
Jan 18, 2019	Price Decreased	$589,900 ↓ $9K (1.5%)
Price Decreased
Nov 28, 2018	Price Decreased	$599,000 ↓ $20K (3.2%)
Price Decreased
Oct 11, 2018	Price Decreased	$619,000 ↓ $6K (1%)
Price Decreased
Jul 9, 2018	Listed by Dale Sorensen Real Estate Inc.	$625,000
Listed by Dale Sorensen Real Estate Inc.

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1987

Effective Year Built: 1987
Building Count: 1
Total Rooms: 6
Bedroom Count: 0
Bathroom Count: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
Building Condition: 0
Building Quality: 9
Construction Type: 17
Building Style: 25
Exterior Walls Type: 17
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 14
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 1
Garage Square Area: 440
Parking Space Count: 2
Patio Type: 79
Porch Type: 102
Pool Type: 8
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 13,939

Lot Size Depth Feet: 1,400
Lot Size Frontage Feet: 1,000
Total Building Area: 2,162
Gross Building Area: 2,162
Building Area: 1,722
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,722
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: VERO BEACH ESTATES
Land Acres: 0000000320
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: VERO BEACH ESTATES BLK 11 LOTS 28 & 29 PBS 5-8

Neighborhood

School District Name: Indian River County School District

Census Tract: 050505

Zoning

Zoning: R-1A

Geography

Parcel: 32-40-32-00006-0110-00028.0

Block: 11
Lot: 28,29
Meridian: SEC 32 TWN 32S RNG 40E
Municipality: CITY OF VERO BEACH
Latitude: 27.6555
Longitude: -80.364

Address

Full Address: 525 Banyan Rd

Address - House Number: 525
Address - Street Name: Banyan
Address - Suffix Type: Rd
State: FL
City Name: Vero Beach
Carrier Code: C005
4-Digit Zip Code: 1730
Zip Code: 32963

Valuation

Tax

Total Area: 2,048

Tax Year: 2022
Tax Amount: $884,983
Tax Rate Code Area: 8

Appraisal Valuation

Standard Deviation: 0.2124

Valuation Date: Jan 03, 2024
Confidence Score: 71
Final Value: 1,096,423
High Value: 1,329,396
Low Value: 863,451

Market Valuation

Market Total Value: $558,382

Market Land Value: $433,500
Market Improvement Value: $124,882

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $558,382
Assessed Land Value: $433,500
Assessed Improvements Value: $124,882

Sales

Current Sale Contract Date: Nov 17, 2023

Current Sale Recording Date: Nov 22, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 58505
Previous Sale Recording Date: Oct 24, 2022
Previous Sale Contract Date: Oct 20, 2022
Previous Sale Amount: $1,400,000
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 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 2800 Indian River Boulevard, Vero Beach, FL, 32960

$1,800 /mo

2 Beds
2 Baths
1,000 ft²

2800 Indian River Boulevard #4R, Vero Beach, FL, 32960 Listing by Heliane Stabel

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

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Troy P Westover
Dale Sorensen Real Estate Inc.
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10724127

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

525 Banyan Road

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