When was property at 946 Reef Lane built and last sold?

The property at 946 Reef Lane was built in 1970 and last sold on Jan 25, 2007 for $650,000.

How much is this home worth?

The estimated value of the home located at 946 Reef Lane is $1,872,024.

What are some comparable homes to 946 Reef Lane?

There are currently no comparable homes to 946 Reef Lane.

Indian River Shores

32963

946 Reef Lane

$1,850,000

● House - Off Market

946 Reef Lane

Vero Beach, FL 32963

4 Beds

3 Baths

2,757 Ft²

$9,852

Est. Monthly

2.21%

Cap Rate

About This Property

East of A1A, 2 houses to the beach, less than 100ft to deeded beach access. Indulge in the epitome of luxury living in this exquisite residence w/ a rooftop terrace with ocean views. Whether at sunset or stargazing, this panoramic vista is sure to inspire. Step into the backyard oasis and discover a resort-style pool surrounded by lush landscaping creating a private retreat. Updated bathrooms and kitchen new quartz countertop, newer roof, impact windows/doors, 1mi. to boardwalk, 2mi to Oceanside Village. Great Investment. Sizes are approx/subj to error.

Unit Size

2,757 Ft²

Days on Market

59 days

Land Size

Price per sqft

$671

Property Type

House

Property Taxes

$768

HOA Dues

Year Built

1970

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (Indian River #290961)

Price History

Date / Event	Date	Event
Nov 6, 2025	Sold	Premium
Sold
Sep 8, 2025	Listed by Dale Sorensen Real Estate Inc.	$1,850,000
Listed by Dale Sorensen Real Estate Inc.
Jul 22, 2025	No longer available	-
No longer available
Mar 11, 2025	Price Decreased	$1,950,000 ↓ $49K (2.5%)
Price Decreased
Feb 26, 2025	Price Decreased	$1,999,000 ↓ $51K (2.5%)
Price Decreased
Jan 20, 2025	Listed by One Sotheby's Int'l Realty	$2,050,000
Listed by One Sotheby's Int'l Realty

	Steps Away From Your Own Private Deeded Beach Access! East of A1A. Discover the perfect blend of modern and laid-back coastal living in this cool and casual Miami-style oceanside residence, located on an oversized corner lot, just steps from the ocean. Featuring 4 beds & 3 baths in over 2700 AC SF w/ shiny terrazzo floors and a modern kitchen with quartz counters. The resort-style backyard is complete with pool and lush tropical landscaping for complete privacy, plus a sky bar with ocean views. With no rental restrictions, the property has a very strong rental history.
Jan 17, 2025	Withdrawn	-
Withdrawn
Nov 29, 2024	Price Decreased	$2,095,000 ↓ $105K (4.8%)
Price Decreased
Oct 1, 2024	Listed by Compass Florida LLC	$2,200,000
Listed by Compass Florida LLC

	Nice Home
Jul 13, 2024	Listed by Compass Florida LLC	$2,000,000
Listed by Compass Florida LLC

	Discover unparalleled luxury steps from the ocean in this stunning pool home on .35 acres. Featuring an outdoor rooftop patio w/ocean glimpses, this residence boasts an open floor plan w/high-end fixtures. The kitchen shines w/new quartz countertops, pull-out drawers, pendant lighting, and a breakfast bar. The master suite features 12ft ceilings, a walk-in closet, double vanity, transom windows, & jacuzzi tub. Resort-style pool w/tanning ledge in private fenced bkyd. Impact windows & doors add safety. Private beach access steps away. Minutes to Village Shops & Central Beach shopping & dining!
Jan 26, 2007	Sold	Premium
Sold
Apr 7, 2004	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1970

Effective Year Built: 1970
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
Building Condition: 0
Building Quality: 1
Construction Type: 12
Building Style: 25
Exterior Walls Type: 7
Interior Walls Type: 6
Roof Shape Type: 8
Roof Cover Type: 7
Floor Count: 100
Living Units: 1
Floor Cover: 17
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 576
Parking Space Count: 2
Patio Type: 79
Porch Type: 102
Pool Type: 8
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 15,246

Lot Size Depth Feet: 1,350
Lot Size Frontage Feet: 1,132
Total Building Area: 3,333
Gross Building Area: 3,333
Building Area: 2,757
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,757
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PEBBLE BEACH DEVELOPMENT NO 1
Land Acres: 0000000350
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: PEBBLE BEACH DEVELOPMENT NO 1 LOT 5 PBI 7-83

Neighborhood

School District Name: Indian River County School District

Census Tract: 050505

Zoning

Zoning: R-1A

Geography

Parcel: 32-40-19-00003-0000-00005.0

Lot: 5
Meridian: SEC 19 TWN 32S RNG 40E
Municipality: TOWN OF INDIAN RIVER SHORES
Latitude: 27.6814
Longitude: -80.3651

Address

Full Address: 946 Reef Ln

Address - House Number: 946
Address - Street Name: Reef
Address - Suffix Type: Ln
State: FL
City Name: Vero Beach
Carrier Code: C003
4-Digit Zip Code: 1121
Zip Code: 32963

Valuation

Tax

Total Area: 3,056

Tax Year: 2022
Tax Amount: $742,833
Tax Rate Code Area: 6

Appraisal Valuation

Standard Deviation: 0.0802

Valuation Date: Jan 03, 2024
Confidence Score: 94
Final Value: 1,870,084
High Value: 2,020,224
Low Value: 1,719,944

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $648,501

Market Land Value: $319,818
Market Improvement Value: $328,683

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $648,501
Assessed Land Value: $319,818
Assessed Improvements Value: $328,683

Sales

Current Sale Contract Date: Jan 25, 2007

Current Sale Recording Date: Jan 26, 2007
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 1816311
Previous Sale Recording Date: Apr 07, 2004
Previous Sale Contract Date: Mar 02, 2004
Previous Sale Amount: $415,000
Previous Sale Document Type: 71

Last Sale Mortgage

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Financing

First Mortgage Financing Type: FIX

Previous Mortgages

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

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Comparables

About Indian River Shores

Stats & Trends

Median Asking:

$1,395,000

Sale Price/ft²

$484

Below Asking

0.04%

Average Days on Market

104

Average Home Size

2819 ft²

Average Home Age

34 years

Currently For Sale

83 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 1156 Haven Circle, Vero Beach, FL, 32960

$4,000 /mo

3 Beds
3 Baths
2,239 ft²

1156 Haven Circle, Vero Beach, FL, 32960 Listing by Stephanie S Pare

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lori T Davis, Dale Sorensen Real Estate Inc.
Last Updated: 12 months ago
Data Source: RAIRC, MLS# 290961

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.

946 Reef Lane

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