NOT LISTED FOR SALE

980 Crescent Beach Rd Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $3,317,000 - $6,308,000

4 Beds
4.5 Baths
4,144 Sq Ft
$1,211/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $3,225,000 $778 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $30,539/month

208 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • 1.48 Acre Lot
  • Beachland Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of May 2016

AUCTION: April 29th. Selling Without Reserve to Highest Bidder! (Formerly Listed at $3,995,000). A rare find on Castaway Cove, Vero’s deepest beach, this stunning “NEW” direct oceanfront estate boasts top-to-bottom renovation w/4,114 AC SF. From the exterior a traditional façade awaits, while inside a modern aesthetic in rich materials surprises all who enter. Perfect in every way!

Last Agent to Sell the Property

Cindy O'Dare

One Sotheby's Int'l Realty License #0326961 Listed on: 10/05/2015

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,196

Year Built

  • Built in 1988

Lot Details

  • 1.48 Acre Lot
  • Lot Dimensions are 108x600
  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 4,144 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Crown Molding
  • 1 Fireplace
  • Casement Windows
  • Sliding Doors
  • Ocean Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Castaway Cove Subdivision
  • Gated Community

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 33400800003000000045.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,196

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 1.48
  • Lot Size: 108X600
  • Co List Office Mls Id: 0371
  • Co List Office Phone: 772-234-5555
  • Ownership: Single Family/Other
  • Subdivision Name: Castaway Cove
  • Directions: A1A to Castaway Cove Wave I
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1988
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Slate, Wood
  • Interior Amenities: Wet Bar, Closet Cabinetry, Crown Molding, Kitchen Island
  • Living Area: 4144.0
  • Stories: 2
  • Window Features: Casement Window(s), Impact Glass

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony, Outdoor Shower, Patio
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Air Conditioned Garage, Attached, Garage

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 33400800003000000045.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21196.0
  • Tax Lot: 45
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
May 31, 2016
Sold by
Emporia Llc
Bought by
Becker William G and Becker Lisa C
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
List Price
$3,995,000
Sold Price
$3,225,000
Premium/Discount to List
-$770,000
-19.27%
Current Estimated Value
$5,020,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,795,041
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
Sep 2, 2014
Closed on
Aug 21, 2015
Sold by
980 Crescent Llc
Bought by
Emporia Llc
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
List Price
$3,895,000
Sold Price
$3,500,000
Premium/Discount to List
-$395,000
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.96%

Purchase Details

Listed on
May 20, 2014
Closed on
Aug 20, 2014
Sold by
Aridan Family Limited Partnership
Bought by
980 Crescent Llc
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
List Price
$2,395,000
Sold Price
$2,150,000
Premium/Discount to List
-$245,000
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.79%

Purchase Details

Closed on
Oct 14, 2002
Sold by
Pardee Glenn F
Bought by
Lawson Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2000
Sold by
Heckman Todd D and Heckman Theresa O
Bought by
Aridan Family Ltd Ptnr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
8.63%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Sibble Edward M and Sibble Audry C
Bought by
Heckman Todd D and Heckman Theresa O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

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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
Becker William G $3,000,000 Attorney
Emporia Llc $3,500,000 Attorney
980 Crescent Llc $2,150,000 Attorney
Lawson Richard C $340,000 --
Aridan Family Ltd Ptnr $860,000 --
Heckman Todd D $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 980 Crescent Llc $1,000,000
Previous Owner Aridan Family Limited Partnership $1,119,000
Previous Owner Aridan Family Lp $500,000
Previous Owner Aridan Family Lp $1,202,500
Previous Owner Lawson Richard C $328,500
Previous Owner Aridan Family Ltd Ptnr $695,000
Previous Owner Aridan Family Ltd Ptnr $688,000
Previous Owner Heckman Todd D $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $3,225,000 -19.3% $778 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $3,995,000 +14.1% $964 / Sq Ft
08/21/2015 08/21/15 Sold $3,500,000 -10.1% $933 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $3,895,000 +81.2% $1,038 / Sq Ft
08/20/2014 08/20/14 Sold $2,150,000 -10.2% $573 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $2,395,000 -- $638 / Sq Ft
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 $33,763 $2,641,363 -- --
2023 $33,763 $2,453,781 $0 $0
2022 $33,012 $2,382,311 $0 $0
2021 $33,186 $2,312,923 $0 $0
2020 $33,216 $2,280,989 $0 $0
2019 $33,450 $2,229,705 $0 $0
2018 $33,271 $2,188,131 $0 $0
2017 $39,144 $2,487,432 $0 $0
2016 $40,685 $2,556,370 $0 $0
2015 $29,667 $1,784,510 $0 $0
2014 $21,196 $1,291,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy O'Dare

    Seller's Agent in 2016

    Cindy O'Dare

    One Sotheby's Int'l Realty

    (772) 713-5899

    55 in this area

    242 Total Sales

    Cindy O'Dare
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 163071

APN: 33-40-08-00003-0000-00045.0

Florida Indian River County Vero Beach 32963 South Beach

980 Crescent Beach Rd, Vero Beach, FL

This home is located at 980 Crescent Beach Rd, Vero Beach, FL 32963 since 05 October 2015 and is currently estimated at $5,020,041, approximately $1,211 per square foot. This property was built in 1988. 980 Crescent Beach Rd is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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