When was property at 81 Passage Island built and last sold?

The property at 81 Passage Island was built in 1998 and last sold on Jun 30, 2020 for $1,134,000.

How much is this home worth?

The estimated value of the home located at 81 Passage Island is $1,955,977.

What are some comparable homes to 81 Passage Island?

There are currently no comparable homes to 81 Passage Island.

Indian River Shores

32963

81 Passage Island

$1,766,100

● House - Off Market

81 Passage Island

Vero Beach, FL 32963

4 Beds

4 Baths

4,624 Ft²

$10,526

Est. Monthly

$380

HOA / Fees

0.63%

Cap Rate

About This Property

Situated along 350± Ft of lake front, this 4-bed/4 bath plus office estate in the ocean-to-river community of Marbrisa offers water views from almost every room, high ceilings, and plantation shutters. The updated kitchen feat. quartz counters & premium Bosch/KitchenAid appliances, plus ample storage. The expansive primary suite feat. an updated spa-like bath w/ walk-thru shower, soaking tub, & dual vanities. Outside the loggia is perfect for outdoor dining or relaxing by the lakefront pool. Amenities incl. marina, beach access, tennis courts, 2 clubhouses, 2 pools, fitness center, pickleball.

Unit Size

4,624 Ft²

Days on Market

59 days

Land Size

0.45 acres

Price per sqft

$405

Property Type

House

Property Taxes

$939

HOA Dues

$380

Year Built

1998

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Indian River #282785)

Price History

Date / Event	Date	Event
Jan 9, 2025	Sold	Premium
Sold
Dec 2, 2024	In contract	-
In contract
Nov 11, 2024	Listed by One Sotheby's Int'l Realty	$1,875,000
Listed by One Sotheby's Int'l Realty
Jul 2, 2020	Sold	Premium
Sold
Jun 4, 2020	No longer available	-
No longer available
Feb 28, 2020	Listed by One Sotheby's Int'l Realty	$1,195,000
Listed by One Sotheby's Int'l Realty
Mar 4, 1997	Sold	Premium
Sold

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1998

Effective Year Built: 1998
Building Count: 1
Total Rooms: 9
Bedroom Count: 4
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 11
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: 18
Floor Count: 200
Living Units: 1
Floor Cover: 11
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 1
Garage Square Area: 542
Parking Space Count: 1
Patio Type: 55
Porch Type: 102
Pool Type: 8
Location Influence Type: 71

Dimensions

Lot Size Square Feet: 19,602

Lot Size Depth Feet: 1,472
Lot Size Frontage Feet: 1,131
Total Building Area: 5,166
Gross Building Area: 5,166
Building Area: 4,624
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 4,624
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: MARBRISA PRD
Land Acres: 0000000450
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: MARBRISA PRD PBI 13 - 90 SEC 35 TWP 31 S RGE 39 E LOT 20 AND ALSO INC PORT TR B DESC AS FOLL COM AT MOST SLY COR OF LOT 20 TH N33-11-42W ALONG THE SW LINE OF SAID LOT 20 127.81 FT TO INTRSCT SW LINE SAID LOT 20 AND ELEVATION 1 FT SAID PT BEING POB TH

Neighborhood

School District Name: Indian River County School District

Census Tract: 050506

Zoning

Zoning: R-1A

Geography

Section: 35

Subdivision Tract Number: B
Parcel: 31-39-36-00022-0000-00020.0
Lot: 20
Meridian: SEC 36 TWN 31S RNG 39E
Municipality: TOWN OF INDIAN RIVER SHORES
Latitude: 27.7438
Longitude: -80.397

Address

Full Address: 81 Passage Is

Address - House Number: 81
Address - Street Name: Passage
Address - Suffix Type: Is
State: FL
City Name: Vero Beach
Carrier Code: R020
4-Digit Zip Code: 4292
Zip Code: 32963

Valuation

Tax

Total Area: 4,767

Tax Year: 2022
Tax Amount: $1,090,737
Tax Rate Code Area: 5

Appraisal Valuation

Standard Deviation: 0.2133

Valuation Date: Feb 14, 2024
Confidence Score: 70
Final Value: 2,035,803
High Value: 2,470,082
Low Value: 1,601,524

Market Valuation

Market Total Value: $1,099,020

Market Land Value: $295,539
Market Improvement Value: $803,481

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $938,995

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 30, 2020

Current Sale Recording Date: Jul 02, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120200037431
Previous Sale Recording Date: Mar 04, 1997
Previous Sale Contract Date: Feb 27, 1997
Previous Sale Amount: $105,000
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 Indian River Shores

Stats & Trends

Median Asking:

$1,362,500

Sale Price/ft²

$479

Below Asking

0.04%

Average Days on Market

104

Average Home Size

2710 ft²

Average Home Age

34.8 years

Currently For Sale

90 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 8012 U.s. 1, Vero Beach, FL, 32967

$2,200 /mo

3 Beds
2 Baths
1,026 ft²

8012 U.S. 1, Vero Beach, FL, 32967 Listing by Jaime Aguilar

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kristin Dobson, One Sotheby's Int'l Realty
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 282785

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.

81 Passage Island

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Indian River Shores

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions