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$440,000

Beds
3
Baths
2.0
sq ft
1,778

505 11th Ave, Vero Beach, FL 32962

505 11th Ave

Vero Beach, FL 32962

  • <1 day on market
Step into this inviting home with a screened-in lanai, featuring a sparkling pool, outdoor shower, built-in storage, and a buffet with a kitchen pass-through. Inside, enjoy vaulted ceilings, real wood floors, and a cozy wood-burning coral mantle fireplace. The kitchen boasts granite counters and an island, while the master suite offers direct pool access. Additional perks include storm-coated windows, a 2-car garage with built-in storage, Samsung W/D, and recent updates like a Trane A/C (2022) and enhanced septic (2023). Seller offers $16,000 towards a new roof.

Details

Property type

Single Family Residence

Est. home value

$401,021

Lot size

0.33 acres

Price per sq ft

$248

Year built

1984

Annual property taxes

$4,034

Price History

02/03/2025
IndianRiver

IndianRiver #285071

Listed
$440,000
+41.94%
01/29/2021
IndianRiver

IndianRiver #238816

Sold
$310,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

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

$137,187
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$267,613
Cash to seller
$137,187

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

Seller’s Loan History

Lender

South State Bank Na

Loan start date

January 2021

Original loan amount

$294,500

Est. remaining balance

$267,613

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Alexander Clay Macaulay

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: 02/03/2025 at 3:00 PM

Listing updated: 02/03/2025 at 9:00 AM

Listed by: Sandra Alexander, One Sotheby's Int'l Realty Phone #: (772) 492-1002

MLS: IndianRiver #285071

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