When was property at 80 Caribe Way built and last sold?

The property at 80 Caribe Way was built in 2002 and last sold on Apr 29, 2021 for $950,000.

How much is this home worth?

The estimated value of the home located at 80 Caribe Way is $2,529,631.

What are some comparable homes to 80 Caribe Way?

There are currently no comparable homes to 80 Caribe Way.

Orchid

32963

80 Caribe Way

Map

$399,000

● House - Off Market

80 Caribe Way

Orchid Island, FL 32963

2 Beds

2 Baths

$3,597

Est. Monthly

$1,175

HOA / Fees

About This Property

Charming 2BR/2BA Tennis Cottage at Orchid Island. Located at the end of Cul-de-sac. Private setting, tile floors, Corian surfaces, pool, 2 car garage + golf cart. Excellent condition. Furniture Available. Excellent value! Orchid's best priced home. Sizes are deemed reliable, but subject to error.

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

$462

HOA Dues

$1,175

Year Built

2002

Payment Calculator

Cap Rate Calculator

Last updated: 3 days ago (Indian River #127019)

Price History

Date / Event	Date	Event
Mar 25, 2025	Sold	Premium
Sold
Feb 3, 2025	In contract	-
In contract
Jan 20, 2025	Price Decreased	$2,495,000 ↓ $200K (7.4%)
Price Decreased
Dec 9, 2024	Listed by One Sotheby's Int'l Realty	$2,695,000
Listed by One Sotheby's Int'l Realty

	Immaculate Orchid Island Golf & Beach Club estate renovated in 2017; 4 beds/4 baths, & office. Impact windows & French doors w/ plantation shutters, engineered wood floors, crown molding, & tongue & groove ceiling. The open kitchen feat high-end appliances & quartz & maple counters, while the primary suite feat his & hers baths & walk-in closets. Lush landscaping secludes the expansive travertine pool patio w/ oversized pool perfect for enjoying the Florida sun. Updated golf course. Steps to new amenities incl. tennis courts, new pavilion, & Bocce court. 2-car garage w/ golf cart parking.
Apr 29, 2021	Sold	Premium
Sold
Nov 1, 2019	Listed by Orchid Island Realty	$975,000
Listed by Orchid Island Realty

	Completely renovated 2017 4BR/Library/4BA home feat. wood floors, fluted mouldings, french doors, tongue & groove tray ceiling in Fam Rm w/ French doors leading to oversized pool w/ Travertine deck & tropical landscaping. Built-in bunk beds, designer kit w/ quartz surfaces, maple & quartz island, SubZero Ref, Bosch induction cooktop. Taxes reflect incorrect SF. Sizes subject to error. 1x initiation fee of $8000 due at closing. All offers must include Comprehensive Addenda attached.
Nov 7, 2014	Sold	Premium
Sold
Mar 20, 2012	Listed by Orchid Island Realty, Inc.	$399,000
Listed by Orchid Island Realty, Inc.

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2002

Effective Year Built: 2002
Building Count: 1
Total Rooms: 7
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
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: 11
Basement Type: 0
Basement Area: 0
Parking Type: 5
Garage Type: 1
Garage Square Area: 582
Parking Space Count: 2
Patio Type: 11
Porch Type: 102
Pool Type: 8
Location Influence Type: 197

Dimensions

Lot Size Square Feet: 11,326

Lot Size Depth Feet: 1,450
Lot Size Frontage Feet: 600
Total Building Area: 2,852
Gross Building Area: 2,852
Building Area: 2,270
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,270
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: 0000000260
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: ORCHID ISLAND PLAT 3 SUB LOT 97 PBI 13-13

Neighborhood

School District Name: Indian River County School District

Census Tract: 050506

Zoning

Zoning: RS-3

Geography

Parcel: 31-39-23-00012-0000-00097.0

Lot: 97
Meridian: SEC 23 TWN 31S RNG 39E
Municipality: TOWN OF ORCHID
Latitude: 27.7646
Longitude: -80.4083

Address

Full Address: 80 Caribe Way

Address - House Number: 80
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

Total Area: 2,277

Tax Year: 2022
Tax Amount: $977,162
Tax Rate Code Area: 9

Appraisal Valuation

Standard Deviation: 0.2076

Valuation Date: Jan 03, 2024
Confidence Score: 71
Final Value: 1,195,980
High Value: 1,444,365
Low Value: 947,595

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $786,567

Market Land Value: $106,250
Market Improvement Value: $680,317

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $724,184

Sales

Current Sale Contract Date: Apr 29, 2021

Current Sale Recording Date: Apr 29, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120210030652
Previous Sale Recording Date: Nov 07, 2014
Previous Sale Contract Date: Oct 30, 2014
Previous Sale Amount: $300,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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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

$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: Bob Niederpruem, Orchid Island Realty, Inc.
Last Updated: 3 days ago
Data Source: RAIRC, MLS# 127019

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.