tomo logo

$875,000

Beds
2
Baths
2.5
sq ft
1,450

1300 Palmetto Ct Unit 109, Vero Beach, FL 32963

1300 Palmetto Ct Unit 109

Vero Beach, FL 32963

  • 27 days on market
    • Price drop $100,000↓
“International design duo has meticulously updated a classic Sea Oaks cottage transporting it into the 21st century!” Relax in the loft like living space while looking at the beautiful barrier island hammock filled with 100 year old oaks and native plantings where butterflies, hummingbirds and bees feast. This wrap around garden is anchored by a fruit bearing lemon tree. Prepare your meals in the brand new kitchen inspired by Ina Garten’s Hamptons home with stainless steel appliances and European refrigerator. Sizes are approx/subj to error.

Details

Property type

Single Family Residence

Est. home value

$613,100

Lot size

Unknown

Price per sq ft

$604

Year built

1989

Annual property taxes

$4,290

HOA fee

$1,337.67

Price History

03/27/2025
IndianRiver

IndianRiver #286127

Price change
$875,000
-10.26%
03/05/2025
IndianRiver

IndianRiver #286127

Listed
$975,000
+77.27%
12/21/2023
IndianRiver

IndianRiver #270393

Sold
$550,000
+22.22%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Tennis Court(s)

High school district: 

Indian River County Schools

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

$525,178
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$279,822
Cash to seller
$525,178

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

Seller’s Loan History

Lender

Rockland Trust Co

Loan start date

January 2022

Original loan amount

$300,000

Est. remaining balance

$279,822

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Scott Levy and Sharon Levy

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?

Status: Active

Tomo last checked: 04/01/2025 at 1:50 PM

Listing updated: 03/27/2025 at 4:20 PM

Listed by: Josh M Waldrop, Dale Sorensen Real Estate Inc. Phone #: (772) 231-4712

MLS: IndianRiver #286127

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