When was property at 61 Caribe Way built and last sold?

The property at 61 Caribe Way was built in 1991 and last sold on Jan 30, 2019 for $680,000.

How much is this home worth?

The estimated value of the home located at 61 Caribe Way is $0.

What are some comparable homes to 61 Caribe Way?

There are currently no comparable homes to 61 Caribe Way.

Orchid

32963

61 Caribe Way

$2,915,000

● House - Off Market

61 Caribe Way

Vero Beach, FL 32963

3 Beds

3 Baths, 1 Half Bath

2,705 Ft²

$16,781

Est. Monthly

$968

HOA / Fees

0.27%

Cap Rate

About This Property

Stunning Orchid Island home with beautiful golf view of the14th fairway. Remodeled updates include impact glass, Imported Turkish limestone floors throughout, oak interior doors & an open kitchen with top-tier appliances & Quartzite counters. A beautiful cathedral wood ceiling accents the light and airy living room & a modern gas fireplace opens to the living & dining rooms. The spacious primary suite offers golf views. An expansive electric-heated pool with new spa, built-in grill adjoins a shaded patio & gas firepit perfect for entertaining & relaxing at home. Sizes approx./subj to error.

Unit Size

2,705 Ft²

Days on Market

109 days

Land Size

Price per sqft

$1,146

Property Type

House

Property Taxes

$591

HOA Dues

$968

Year Built

1991

Payment Calculator

Cap Rate Calculator

Last updated: 11 months ago (Indian River #290397)

Price History

Date / Event	Date	Event
Dec 2, 2025	Sold	Premium
Sold
Oct 21, 2025	In contract	-
In contract
Sep 27, 2025	Price Decreased	$3,100,000 ↓ $200K (6.1%)
Price Decreased
Aug 15, 2025	Listed by Dale Sorensen Real Estate Inc.	$3,300,000
Listed by Dale Sorensen Real Estate Inc.
Jan 30, 2019	Sold	Premium
Sold
Apr 26, 2004	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1991

Effective Year Built: 1991
Building Count: 1
Total Rooms: 8
Bedroom Count: 3
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 12
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: 15
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 1
Garage Square Area: 572
Parking Space Count: 2
Patio Type: 55
Porch Type: 102
Pool Type: 8
Location Influence Type: 101

Dimensions

Lot Size Square Feet: 9,148

Lot Size Depth Feet: 1,519
Lot Size Frontage Feet: 601
Total Building Area: 3,141
Gross Building Area: 3,141
Building Area: 2,569
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,569
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ORCHID ISLAND PLAT 3
Land Acres: 0000000210
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: ORCHID ISLAND PLAT 3 PBI 13-13 BEING MORE PART DESC AS FOLL LOT 92 TOGETHER WITH A POR OF TR 2 OF ORCHID ISLAND PLAT 1 PBI 13-8 BEING MORE FULLY DESC COM AT THE NW COR OF LOT 92 RUN N88-00-20E AL THE N LINE OF LOT 92 A DIS OF 22.01 FT TO THE POB TH N

Neighborhood

School District Name: Indian River County School District

Census Tract: 050506

Zoning

Zoning: RS-3

Geography

Subdivision Tract Number: 2

Parcel: 31-39-23-00012-0000-00092.0
Lot: 92
Meridian: SEC 23 TWN 31S RNG 39E
Municipality: TOWN OF ORCHID
Latitude: 27.7653
Longitude: -80.4091

Address

Full Address: 61 Caribe Way

Address - House Number: 61
Address - Street Name: Caribe
Address - Suffix Type: Way
State: FL
City Name: Vero Beach
Carrier Code: R024
4-Digit Zip Code: 9503
Zip Code: 32963

Valuation

Tax

Total Area: 3,053

Tax Year: 2022
Tax Amount: $534,638
Tax Rate Code Area: 9

Appraisal Valuation

Standard Deviation: 0.1991

Valuation Date: Apr 03, 2024
Confidence Score: 73
Final Value: 1,488,425
High Value: 1,784,857
Low Value: 1,191,992

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $491,574

Market Land Value: $106,250
Market Improvement Value: $385,324

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $409,295

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jan 30, 2019

Current Sale Recording Date: Jan 30, 2019
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120190006185
Previous Sale Recording Date: Apr 26, 2004
Previous Sale Contract Date: Apr 23, 2004
Previous Sale Amount: $940,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

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

$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

Rentals Near You

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Listed by: Matilde G Sorensen, Dale Sorensen Real Estate Inc.
Last Updated: 11 months ago
Data Source: RAIRC, MLS# 290397

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.

61 Caribe Way

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