When was property at 770 Lake Drive built and last sold?

The property at 770 Lake Drive was built in 1990 and last sold on Aug 8, 2023 for $25,100.

How much is this home worth?

The estimated value of the home located at 770 Lake Drive is $0.

What are some comparable homes to 770 Lake Drive?

There are currently no comparable homes to 770 Lake Drive.

Vero Beach

32963

770 Lake Drive

$2,975,000

● House - Off Market

770 Lake Drive

Vero Beach, FL 32963

4 Beds

3 Baths

3,156 Ft²

$17,778

Est. Monthly

$292

HOA / Fees

-0.27%

Cap Rate

About This Property

Situated on a spacious .5 acre lot in the prestigious gated community, Riomar Bay, this recently updated estate offers 3,156± AC SF filled w/ natural light & feat. 15ft ceilings. 3 beds, incl. generous primary suite with ensuite office & ample closet space, 3 baths, & large den that can easily serve as a 4th bed. Beautifully updated kitchen. Step outside to the backyard w/ pool/spa & dock w/ lift. Amenities incl. generator, fireplace, & 3-car garage. Don't miss this unique opportunity to reside in one of Vero's most sought-after waterfront communities renowned for its charm & sophistication.

Unit Size

3,156 Ft²

Days on Market

Land Size

Price per sqft

$943

Property Type

House

Property Taxes

$2,878

HOA Dues

$292

Year Built

1990

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Indian River #278771)

Price History

Date / Event	Date	Event
Nov 7, 2024	Withdrawn	-
Withdrawn
Jun 3, 2024	No longer available	-
No longer available
Jun 1, 2024	Listed by One Sotheby's Int'l Realty	$2,975,000
Listed by One Sotheby's Int'l Realty
Mar 8, 2024	Relisted	$2,975,000
Relisted
Mar 7, 2024	No longer available	-
No longer available
Feb 23, 2024	No longer available	-
No longer available
Feb 23, 2024	Listed by Engel & VÃ¶lkers Vero Beach	$2,975,000
Listed by Engel & VÃ¶lkers Vero Beach

	PRIVACY awaits at this luxury waterfront estate in Riomar Bay II. Stunning 3bed/3bath home situated on 1/2 acre+ w/heated pool & spa. 110' of canal front w/private dock & lift & Intracoastal access. Home boasts 15-ft ceilings, formal living/dining room, open family room/kitchen & oversized den. Kitchen & flooring updated in 2016. Owner's suite has large walk-in closet w/separate office/flex space. Property is richly landscaped w/canopied oaks. Includes generator, fireplace & 3 car-garage. A rare opportunity to live in one of Vero's finest waterfront communities known for its charm & elegance. The manager has listed the unit size as 3156 square feet.
Aug 9, 2023	Listed by Engel & Volkers Vero Beach	$3,275,000
Listed by Engel & Volkers Vero Beach

	Lovely canal front home in desired Riomar Bay II. Open floor plan overlooks heated pool & spa. 110' of waterfront w/private dock & lift w/Intracoastal access. Home is light & bright boasting 15-ft ceilings & many custom features. Formal living & dining room, open family room/kitchen & oversized den add charm to this elegant home. Kitchen updated in 2016 w/Sub Zero refrigerator & wine cooler. Owner's suite has large walk-in closet w/separate office/flex space. Property is richly landscaped w/canopied oaks. Includes generator & 3 car-garage. A rare opportunity to own a waterfront luxury estate. The manager has listed the unit size as 3156 square feet.
Aug 8, 2023	Sold	Premium
Sold
Feb 12, 2023	No longer available	-
No longer available
Nov 24, 2022	Price Increased	$3,950,000 ↑ $750K (23.4%)
Price Increased
Nov 13, 2022	Price Decreased	$3,200,000 ↓ $450K (12.3%)
Price Decreased
Nov 6, 2022	Price Decreased	$3,650,000 ↓ $300K (7.6%)
Price Decreased
Nov 3, 2022	Listed by One Sotheby's Int'l Realty	$3,950,000
Listed by One Sotheby's Int'l Realty
Aug 5, 2022	Sold	Premium
Sold
Apr 23, 2022	No longer available	-
No longer available
Apr 21, 2022	Listed by One Sotheby's Int'l Realty	$2,950,000
Listed by One Sotheby's Int'l Realty
Apr 5, 2016	Sold	Premium
Sold
Aug 17, 2001	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1990

Effective Year Built: 2000
Building Count: 1
Total Rooms: 9
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 10
Building Condition: 0
Building Quality: 1
Construction Type: 12
Building Style: 25
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 18
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Parking Type: 5
Garage Type: 1
Garage Square Area: 924
Parking Space Count: 4
Patio Type: 11
Porch Type: 102
Pool Type: 8
Location Influence Type: 71

Dimensions

Lot Size Square Feet: 23,522

Lot Size Depth Feet: 2,171
Lot Size Frontage Feet: 1,114
Total Building Area: 4,080
Gross Building Area: 4,080
Building Area: 3,156
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 3,156
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: RIOMAR BAY UNIT TWO
Land Acres: 0000000540
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: RIOMAR BAY UNIT TWO LOT 36 PBI 11-65; TOGETHER WITH ANY ACCREDITED LAND LYING S OF DESC PROPERTY

Neighborhood

School District Name: Indian River County School District

Census Tract: 050504

Zoning

Zoning: R-1AA

Geography

Parcel: 33-40-05-00027-0000-00036.0

Lot: 36
Meridian: SEC 05 TWN 33S RNG 40E
Municipality: CITY OF VERO BEACH
Latitude: 27.6345
Longitude: -80.3585

Address

Full Address: 770 Lake Dr

Legal Unit: TW
Address - House Number: 770
Address - Street Name: Lake
Address - Suffix Type: Dr
State: FL
City Name: Vero Beach
Carrier Code: C016
4-Digit Zip Code: 2167
Zip Code: 32963

Valuation

Tax

Total Area: 3,861

Tax Year: 2022
Tax Amount: $1,735,318
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 8

Appraisal Valuation

Standard Deviation: 0.2076

Valuation Date: Feb 28, 2024
Confidence Score: 71
Final Value: 2,053,532
High Value: 2,479,883
Low Value: 1,627,181

Market Valuation

Market Total Value: $1,588,925

Market Land Value: $850,000
Market Improvement Value: $738,925

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,144,466

Sales

Current Sale Contract Date: Aug 08, 2023

Current Sale Recording Date: Aug 08, 2023
Current Sale Price:

Premium
Current Sale Document Type: 23
Current Sale Input Document Number: 40453
Previous Sale Recording Date: Aug 05, 2022
Previous Sale Contract Date: Jul 20, 2022
Previous Sale Amount: $1,135,800
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

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

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Comparables

About Vero Beach

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$333

Below Asking

0.04%

Average Days on Market

Average Home Size

1959 ft²

Average Home Age

47.5 years

Currently For Sale

206 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 400 18th Street, Vero Beach, FL, 32960

$2,450 /mo

2 Beds
2 Baths
1,130 ft²

400 18th Street #B6, Vero Beach, FL, 32960 Listing by Cindy Campbell Hawthorne

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

$2,400 /mo

1 Bed
1 Bath
695 ft²

2800 Indian River Boulevard #Q7, Vero Beach, FL, 32960 Listing by Shelley Stang

Unit for rent at 559 6th Street, Vero Beach, FL, 32962

$2,395 /mo

2 Beds
2 Baths
1,364 ft²

559 6th Street, Vero Beach, FL, 32962 Listing by Carolyn E Mac Evoy

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Cindy J O'Dare, One Sotheby's Int'l Realty
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 278771

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.

770 Lake 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