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$494,606Estimated home value

Beds
2
Baths
2.0
sq ft
1,880

1850 Bay Rd Unit 3F, Vero Beach, FL 32963

1850 Bay Rd Unit 3F

Vero Beach, FL 32963

  • Sold On 1/7/2022
Bright and spacious 2 bdrm, 2 ba split floorplan condo. The property has been well maintained with newer appliances, water heater and A/C and offers the opportunity to renovate. Florida room has electric hurricane shutters. Under bldg parking and add'l storage area. Residents enjoy heated pool, tennis courts, beautifully landscaped grounds and access to private Moorings beach.

Details

Property type

Single Family Residence

Est. home value

$494,606

Lot size

Unknown

Price per sq ft

$185

Year built

1981

Annual property taxes

$1,698

HOA fee

$648.66

Price History

03/31/2025
IndianRiver

IndianRiver #282870

Removed
$489,000
03/17/2025
IndianRiver

IndianRiver #282870

Price change
$489,000
-2%
11/15/2024
IndianRiver

IndianRiver #282870

Listed
$499,000
+48.96%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, 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

$22,349
Asking price
$347,000
Closing costs (~8% of asking)
-$27,760
Est. remaining loan balance
-$296,891
Cash to seller
$22,349

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

Seller’s Loan History

Lender

Nexera Holding Llc

Loan start date

February 2023

Original loan amount

$304,500

Est. remaining balance

$296,891

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

21 Portland Place Llc

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: Off Market

Tomo last checked: 04/01/2025 at 2:00 PM

Listing updated: 04/25/2023 at 4:36 PM

Listed by: Rhonda Sikowitz, Coldwell Banker Paradise Phone #: (772) 231-4880

MLS: IndianRiver #246202

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