Sold
Last Sold Price
23,958 Lot Size0.55 Acres
940 Reef Rd, Vero Beach, FL 32963
LandProperty Type
0.55 acresLot Size

Description

Amazing oceanfront build opportunity! Rare oceanfront lot in the Moorings features 117± feet of ocean frontage perfect for your dream estate. Available w/ adjacent lot at discounted price. The Moorings Yacht Club offers a resort-like paradise. Amenities, 2 championship golf courses, riverfront clubhouse, yacht club, tennis complex & fitness center. Sizes approx.Amazing oceanfront build opportunity! Rare oceanfront lot in the Moorings features 117± feet of ocean frontage perfect for your dream estate. Available w/ adjacent lot at discounted price. The Moorings Yacht Club offers a resort-like paradise. Amenities, 2 championship golf courses, riverfront clubhouse, yacht club, tennis complex & fitness center. Sizes approx.
  • Listed by: Cindy J O'Dare • Premier Estate Properties
Listing closed: 01/28/2021 12:00 AM • Source: RAIRCMLS, MLS#: 238989

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Recent comparable sales

Median sold price

$255,000

Avg days on market

56

Sale-to-list ratio

100.0%

Vero Beach, FL

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Location

Listing Courtesy of Premier Estate Properties

Sold By Premier Estate Properties

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$12,899 per month

30 year fixed, 7.03% Interest

Principal and Interest

$11,211

Property Taxes

$1,688

HOA Dues

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Property Information for 940 Reef Road

Property Details
  • Taxes: $20,260 / year
  • MLS Type: Land
  • Subdivision Name: Moorings
  • Waterfront: Yes
  • Waterfront Features: OceanAccess, OceanFront
  • View: Ocean
Building Information
  • Lot Size: 0.55 AC
Summary
Location and General Information
  • Directions: From Beachland, A1A south to Periwinkle Drive. Right on Reef Road.
  • Postal City: Vero Beach
  • Zoning: ,
  • Zoning Description: Residential
  • Road Surface Type: Paved
Parking
  • Parking Total: 0
Taxes and HOA Information
  • Association Fee: $.00
  • Association Name: The Moorings of Vero POA
  • Tax Annual Amount: $20,260.00
  • Tax Assessed Value: 2744003
  • Tax Block: 0
  • Tax Legal Description: MOORINGS UNIT 1 LOT 4 PBI 8-6 & 6A
  • Tax Lot: 3
  • Tax Year: 2020
Property
Lot Information
  • Current Use: SingleFamily
  • Lot Features: AdditionalLandAvailable, Item12to1AcreLot
  • Lot Size Acres: 0.55
  • Lot Size Area: 0.55
  • Lot Size Range: 1/2 to 1 Acre
  • Lot Size Square Feet: 23958.0
  • Lot Size Units: Acres
  • Parcel Number: 33402700001000000003.B
  • Possible Use: Residential
Property and Assessments
  • Human Modified: No
  • Number Of Lots: 1
  • Frontage Length: 117
  • Property Type: Land
Utilities
  • Sewer: NotConnected
  • Water Source: NotConnected, Public
Interior and Exterior Features
Exterior Features
  • View: Yes
Rental Information
Rent Information
  • Restrictions: NoDeedRestrictions, OtherRestrictions

Property History for 940 Reef Road

DateEvent & SourcePriceAppreciation
Jan 28, 2021

Sold

RAIRCMLS #238989

$2,100,000—
Dec 14, 2020

Pending

RAIRCMLS #238989

—
Dec 14, 2020

Backup Contract

RAIRCMLS #238989

—
DateEvent & SourcePrice
01/28/2021

Sold

RAIRCMLS #238989

$2,100,000
12/14/2020

Pending

RAIRCMLS #238989

—
12/14/2020

Backup Contract

RAIRCMLS #238989

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 940 Reef Road

This home is within Indian River.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Beachland Elementary School
PublicPK to 5

Gifford Middle School
Public6 to 8

Vero Beach High School
Public9 to 12

Osceola Magnet School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

South Beach
South Beach
An Art Deco oceanfront paradise. The Art Deco architecture, glittering nightlife, international vibe, and arresting ocean views of South Beach are most commonly what come to mind when visitors picture Miami, and in many ways the area delivers on its reputation. After all, this dynamic neighborhood...

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 940 Reef Road, Vero Beach, FL 32963
$2,100,000
–
–
–
23,958
$1,400,000
3
2,000
–
$595,000
4
4
3,088
15,246
$3,000,000
–
–
–
52,272
$2,200,000
–
–
–
27,007
$5,500,000
5
7,759
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Premier Estate Properties

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.