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$2,395,000

Beds
4
Baths
3.5
sq ft
3,196

11725 Brown Pelican Way, Vero Beach, FL 32963

11725 Brown Pelican Way

Vero Beach, FL 32963

  • 55 days on market
Island charm with ocean breezes & the sound of waves surrounded by Pelican Island National Wildlife Refuge. Located a few miles South of the Sebastian Inlet, this 2020 built getaway offers a blend of sophistication & seclusion. Sparingly used as a winter getaway, this home complements the unspoiled charm of “the Island” like no other. With living & primary quarters on the main level, finishes offer a refined yet casual vibe. Heading upstairs, a loft greets guests along with 3 beds & 2 baths. Enclosed pool/spa with summer kitchen sets the table for breezy evenings on the patio.

Details

Property type

Single Family Residence

Est. home value

$1,829,884

Lot size

0.60 acres

Price per sq ft

$750

Year built

2020

Annual property taxes

$16,623

HOA fee

$150

Price History

11/21/2024
IndianRiver

IndianRiver #283081

Listed
$2,395,000
+4.13%
07/13/2024
BrevardMLS

BrevardMLS #1004749

Removed
$2,300,000
05/24/2024
BrevardMLS

BrevardMLS #1004749

Price change
$2,300,000
-4.17%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,427,635
Asking price
$2,395,000
Closing costs (~8% of asking)
-$191,600
Est. remaining loan balance
-$775,765
Cash to seller
$1,427,635

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Key Bank Na

Loan start date

April 2021

Original loan amount

$842,400

Est. remaining balance

$775,765

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Gary Childers and Beverly Childers

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/15/2025 at 5:45 PM

Listing updated: 01/01/2025 at 7:20 PM

Listed by: Michelle T Clarke, Dale Sorensen Real Estate Inc. Phone #: (772) 231-4712

MLS: IndianRiver #283081

IndianRiver logo

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