tomo logo

$550,000

Beds
2
Baths
2.0
sq ft
1,230

1480 Ocean Dr Unit 1H, Vero Beach, FL 32963

1480 Ocean Dr Unit 1H

Vero Beach, FL 32963

  • 3 days on market
Direct oceanfront with lovely ocean views! Enjoy the best of coastal living in this bright, open & airy condominium. Tile floors throughout, updated kitchen, W & D in unit. South facing covered balcony perfect for relaxing. Impact glass & shutters. Reserved one car parking under building. The community offers a resort-style atmosphere w/heated pool, clubhouse & fitness center. Additional amenities include extra storage, library & gated entry. With a manager on-site & granted beach access this condo provides effortless seaside living. Inside pictures coming soon. Sizes approx./subj. to error.

Details

Property type

Condominium

Est. home value

$590,013

Lot size

Unknown

Price per sq ft

$448

Year built

1975

Annual property taxes

$4,556

HOA fee

$938

Price History

03/24/2025
IndianRiver

IndianRiver #286685

Listed
$550,000
+25%
03/31/2021
Beaches

Beaches #R10686324

Sold
$440,000
+20.88%
01/19/2018
IndianRiver

IndianRiver #198495

Sold
$364,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Clubhouse

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

$360,450
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$145,550
Cash to seller
$360,450

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

January 2018

Original loan amount

$200,000

Est. remaining balance

$145,550

Interest rate

3.94%

Loan type

New Conventional, 20 year

Seller

Jorge L Rodrigues and Tania Rodrigues

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: 03/27/2025 at 7:45 PM

Listing updated: 03/24/2025 at 5:30 PM

Listed by: Matilde G Sorensen, Dale Sorensen Real Estate Inc. Phone #: (772) 231-4712

MLS: IndianRiver #286685

IndianRiver logo

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