NOT LISTED FOR SALE

Estimated Value: $1,145,791 - $1,352,000

0.44 Acre
$2,894,768 Price per Acre
19,166 Sq Ft Lot

Last Sold March 06, 2023

Last sale price $1,120,000

Est. 14% increase in value since last sale

Current estimated payment $8,130/month

115 Days on Market

Highlights

  • Ocean View
  • Beachland Elementary School Rated A-
  • Beach Access

About This Lot

As of March 2023

Build your dream home steps from deeded beach access and just a golf cart ride to the Moorings Yacht & Country Club. Located in the quiet neighborhood of Floralton Beach. Just 1 mile to St. Edward's Schools; a short drive to the quaint, upscale downtown with shops, dining, theatre and outdoor family events. Home plans and survey on file. Don't miss out on this amazing opportunity!

Last Listed By

Kristine Gabor

One Sotheby's Int'l Realty License #3440918 Listed on: 10/12/2022

One Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,275

Lot Details

  • 0.44 Acre Lot
  • Few Trees

Property Views

  • Ocean Views

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / E
  • Assessor Parcel Number 33402200001000500002.0

Community Details

Overview

  • Floralton Beach Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$7,275

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.44
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0225
  • Co List Office Phone: 772-492-1002
  • Subdivision Name: Floralton Beach
  • Directions: South on Highway A1A, turn left onto Mangrove Drive to Reef Road. Turn right. Property is second lot on your right.
  • Attribution Contact: 772-492-1002
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Few Trees
  • View: Ocean
  • View: Yes
  • Waterfront Features: Beach Access
  • Waterfront: No

Utilities

  • Sewer: Not Connected, None
  • Utilities: Cable Available
  • Water Source: Not Connected, Public, Well Needed

Condo/Co-op/Association

  • Community Features: Storm Drain(s)
  • Association Name: Self Managed

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 19166.0
  • Number Of Lots: 1
  • Parcel #: 33402200001000500002.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7275.0
  • Tax Block: E
  • Tax Lot: 2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Mar 6, 2023
Sold by
Delorenzo Dennis and Delorenzo Lora
Bought by
Depalma Patrick M and Depalma Carolyn L
Seller's Agent
Kristine Gabor
One Sotheby's Int'l Realty
Buyer's Agent
Kristine Gabor
One Sotheby's Int'l Realty
List Price
$1,375,000
Sold Price
$1,120,000
Premium/Discount to List
-$255,000
-18.55%
Total Days on Market
115
Current Estimated Value
$1,273,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,698
Avg. Annual Appreciation
5.63%

Purchase Details

Listed on
Nov 3, 2021
Closed on
Nov 19, 2021
Sold by
Pruskowski Joseph J and Pruskowski Sharon Sharon
Bought by
Dennis Delorenzo and Lora Delorenzo Lora
Seller's Agent
Kay Brown
Premier Estate Properties
Buyer's Agent
Phillip Sunkel
Alex MacWilliam, Inc.
List Price
$1,250,000
Sold Price
$1,165,000
Premium/Discount to List
-$85,000
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.92%

Purchase Details

Closed on
Jun 11, 2020
Sold by
Maynard Keith E
Bought by
Pruskowski Joseph J and Pruskowski Sharon

Purchase Details

Closed on
Jan 10, 2006
Sold by
Ruma Kay T
Bought by
Kane Eugene J and Kane Yasmine

Purchase Details

Closed on
Jun 29, 2001
Sold by
Stewart William J
Bought by
Ruma Kay T

Purchase Details

Closed on
Apr 18, 2001
Sold by
Rollins R Randall and Rollins Gary W
Bought by
Stewart William J

Purchase Details

Closed on
Nov 7, 1995
Sold by
Rollins Randall and Rollins Gary W
Bought by
Rollins R Randall and Rollins Gary W

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Depalma Patrick M $1,120,000 Florida Secured Title Llc
Dennis Delorenzo $1,165,000 Attorney
Pruskowski Joseph J $650,000 Supreme Title Solutions Llc
Kane Eugene J $600,000 Seaboard Title & Escrow Agen
Ruma Kay T -- --
Stewart William J $175,000 --
Rollins R Randall -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $1,120,000 -18.5% --
02/05/2023 02/05/23 Pending -- -- --
10/12/2022 10/12/22 For Sale $1,375,000 +18.0% --
11/03/2021 11/03/21 Sold $1,165,000 -6.8% --
11/03/2021 11/03/21 For Sale $1,250,000 +127.3% --
04/05/2016 04/05/16 Sold $550,000 -17.8% --
03/06/2016 03/06/16 Pending -- -- --
05/18/2015 05/18/15 For Sale $669,000 -- --
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,252 $956,568 $956,568 --
2023 $12,252 $876,853 $876,853 $0
2022 $13,462 $956,568 $956,568 $0
2021 $7,275 $497,415 $497,415 $0
2020 $6,694 $476,689 $476,689 $0
2019 $5,997 $391,130 $391,130 $0
2018 $6,080 $391,130 $391,130 $0
2017 $6,188 $391,130 $0 $0
2016 $2,656 $164,150 $0 $0
2015 $2,751 $163,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: REALTORS® Association of Indian River County

MLS Number: 263307

APN: 33-40-22-00001-0005-00002.0