When was property at 56 Caribe Way built and last sold?

The property at 56 Caribe Way was built in and last sold on Aug 31, 2022 for $215,000.

How much is this home worth?

The estimated value of the home located at 56 Caribe Way is $656,500.

What are some comparable homes to 56 Caribe Way?

There are currently no comparable homes to 56 Caribe Way.

Orchid

32963

56 Caribe Way

Sold on Sep 23, 2026

Map

$500,000

● Land - Off Market

56 Caribe Way

Vero Beach, FL 32963

Studio

0 Bath

$4,558

Est. Monthly

$1,063

HOA / Fees

About This Property

Presenting a rare opportunity to build in one of the most coveted golf & tennis communities on Florida's Treasure Coast! As one of the last remaining homesites in prestigious Orchid Island, this exceptional property offers the perfect canvas to create a custom island retreat surrounded by luxury residences, tropical landscaping, & an unparalleled prvt club lifestyle. Whether seeking a seasonal escape or a full-time coastal res, opportunities like this are becoming increasingly rare. This property may also represent a membership lot opportunity to secure access to the Orchid Island lifestyle.

Unit Size

Days on Market

138 days

Land Size

0.27 acres

Price per sqft

Property Type

Land

Property Taxes

$303

HOA Dues

$1,063

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 22 days ago (Indian River #297239)

Price History

Date / Event	Date	Event
Sep 23, 2026	Sold	Premium
Sold
Aug 4, 2026	In contract	-
In contract
May 8, 2026	Listed by One Sotheby's Int'l Realty	$650,000
Listed by One Sotheby's Int'l Realty
Feb 7, 2026	Withdrawn	-
Withdrawn
Jan 16, 2026	Listed by Orchid Island Realty	$500,000
Listed by Orchid Island Realty

	One of the last available homesites in Orchid Island. Conveniently located near the Racquet & Fitness Center. Community amenities include fine dining, an Arnold Palmer–designed golf course, spa, private beach access, and three West Indies–style clubhouses. Buyer to select from approved builders to design and construct a custom residence. Club membership required. All sizes and information are approximate and subject to error.
Sep 2, 2022	Sold	Premium
Sold
Jan 17, 2021	No longer available	-
No longer available
Mar 9, 2020	Relisted	$98,000
Relisted
Mar 7, 2020	No longer available	-
No longer available
Jan 16, 2020	Listed	$98,000
Listed

	A Most Attractive Price. Best land value in Orchid Island Beach & Golf Club. 24% more volume than other lots on Caribe Way. Ready to build. Bring your dream home plans. Walk to tennis and sports gym. Orchid Club offers fine dining, Arnold Palmer golf course, spa, private beach, two splendid clubhouses. An elegant lifestyle can be yours in your brand new home. Sizes approx/subj to error.
Jan 11, 2020	No longer available	-
No longer available
Aug 20, 2019	No longer available	-
No longer available
Aug 17, 2019	Listed	$105,000
Listed

	BEST DEAL BEACHSIDE!.This is a tremendous bargain.Located in the prestigious Orchid Island Golf & Beach Club.Situated on a cul-de-sac street.Lot is cleared & build-ready.24% larger than neighboring lots.Walking distance to tennis, gym, clubhouse, beach, golf &, river.Golf course designed by the legend, Arnold Palmer.Spectacular on-site dining,over a mile of private beach.
Jul 5, 2019	Price Decreased	$117,900 ↓ $100 (0.1%)
Price Decreased
Feb 4, 2019	Listed	$118,000
Listed

	The best lot & deal beach side.This is a tremendous bargain.Located in the prestigious Orchid Island Golf & Beach Club.Situated on a cul-de-sac street. The lot is cleared & build ready.24% larger than neighboring lots. Walking distance to tennis, gym, clubhouse, beach, golf &, river.Golf course designed by the legend, Arnold Palmer.Spectacular on-site dining,over a mile of private beach.
Nov 17, 2018	No longer available	-
No longer available
May 15, 2018	Listed	$118,500
Listed

	Opportunity to build a new home in the established, gated community of Orchid Island Golf & Beach Club. Lot is close to fitness & tennis facilities. Approved builders to choose from. Start of required membership may be deferred up to 24 months after closing. No build time. Sizes approx/subj to error. 1 time init. fee $8,000/$100 Capital Annually/ C.O. of build Neighbor Assoc. $4,995.
May 5, 2017	Sold	Premium
Sold
Apr 17, 2012	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0
Location Influence Type: 197

Dimensions

Lot Size Square Feet: 11,761

Lot Size Depth Feet: 1,737
Lot Size Frontage Feet: 641
Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: V
Subdivision: ORCHID ISLAND PLAT 3
Land Acres: 0000000270
Standard Land Use Code: 8001
County Land Use Code: 0000
State Land Use Code: 00
Legal Description 1: ORCHID ISLAND PLAT 3 SUB LOT 100 PBI 13-13

Neighborhood

School District Name: Indian River County School District

Census Tract: 050506

Zoning

Zoning: RS-3

Geography

Parcel: 31-39-23-00012-0000-00100.0

Lot: 100
Meridian: SEC 23 TWN 31S RNG 39E
Municipality: TOWN OF ORCHID
Latitude: 27.7646
Longitude: -80.4089

Address

Full Address: 56 Caribe Way

Address - House Number: 56
Address - Street Name: Caribe
Address - Suffix Type: Way
State: FL
City Name: Vero Beach
Carrier Code: R024
4-Digit Zip Code: 9502
Zip Code: 32963

Valuation

Tax

Tax Year: 2022

Tax Amount: $129,599
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: 9

Market Valuation

Market Total Value: $106,250

Market Land Value: $106,250

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $106,250
Assessed Land Value: $106,250

Sales

Current Sale Contract Date: Aug 31, 2022

Current Sale Recording Date: Sep 02, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 54550
Previous Sale Recording Date: May 05, 2017
Previous Sale Contract Date: Apr 27, 2017
Previous Sale Amount: $80,000
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:

$3,995,000

Sale Price/ft²

$1,023

Below Asking

0.01%

Average Days on Market

102

Average Home Size

5688 ft²

Average Home Age

24.6 years

Currently For Sale

5 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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$7,500 /mo

3 Beds
2 Baths
2,292 ft²

8820 44th Avenue, FL, 32958 Listing by Lisa Kreutz

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$6,800 /mo

2 Beds
2 Baths
1,551 ft²

1374 Coral Park Lane #803, Vero Beach, FL, 32963 Listing by Hollie M Billero Buldo

Unit for rent at 1941 W Shell Lane, Vero Beach, FL, 32963

$7,400 /mo

2 Beds
2 Baths
1,309 ft²

1941 W Shell Lane, Vero Beach, FL, 32963 Listing by Christine Harry

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Talle L Genoni, One Sotheby's Int'l Realty
Last Updated: 22 days ago
Data Source: RAIRC, MLS# 297239

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.