tomo logo

$2,275,000

Beds
5
Baths
6.0
sq ft
3,793

1786 Cypress Ln, Vero Beach, FL 32963

1786 Cypress Ln

Vero Beach, FL 32963

  • 50 days on market
See video attachments above. Fully renovated 5 bedroom, all ensuite, 6 bath home with private ocean access in sought after Seagrove! New 50 year metal roof and impact doors and windows. 2 master suites, laundry both upstairs and downstairs. Polished limestone floors down, new wood floors upstairs. Over 3,000 sf screened porch and pool for year round outdoor living. Irrigation well on heavily landscaped private lot. Masonry construction on first floor, serious storm protection throughout.Low HOA and private manned gate 24x7.

Details

Property type

Single Family Residence

Est. home value

$1,307,045

Lot size

Unknown

Price per sq ft

$600

Year built

1981

Annual property taxes

$13,021

HOA fee

$227

Price History

01/04/2025
Beaches

Beaches #F10463675

Removed
$2,250,000
-1.1%
01/04/2025
IndianRiver

IndianRiver #284086

Listed
$2,275,000
+1.11%
09/27/2024
Beaches

Beaches #F10463675

Listed
$2,250,000
-1.75%

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

$819,300
Asking price
$2,275,000
Closing costs (~8% of asking)
-$182,000
Est. remaining loan balance
-$1,273,700
Cash to seller
$819,300

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

Seller’s Loan History

Lender

Mortgage Bank Of California

Loan start date

August 2022

Original loan amount

$1,320,000

Est. remaining balance

$1,273,700

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Richard P Smyth

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: 02/23/2025 at 3:40 AM

Listing updated: 02/19/2025 at 7:40 AM

Listed by: Sherry Goff, Berkshire Hathaway Florida Phone #: (772) 231-1270

MLS: IndianRiver #284086

IndianRiver logo

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