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$15,900,000

Beds
5
Baths
7.0
sq ft
8,177

640 Reef Rd, Vero Beach, FL 32963

640 Reef Rd

Vero Beach, FL 32963

  • 54 days on market
Gated West Indies inspired 5 bedroom, 2 story smart home with 5.4 baths, 4-bay sideload garage, direct ocean views. Expert craftsmanship on high elevation 1+/- acre lot with 104'+/- ocean frontage in exclusive Floralton Beach. Two primary suites, office/den, chef's kitchen/butler's pantry, separate guest cabana with kitchen, heated pool/spa + summer kitchen w grill and screened lanai for family and entertaining. Special features include elevator, two fireplaces, 5 HVAC, water filtration system, putting green, outdoor shower, 1000 gallon propane tank, bulkheaded seawall.

Details

Property type

Single Family Residence

Est. home value

$10,670,586

Lot size

1.09 acres

Price per sq ft

$1,945

Year built

2016

Annual property taxes

$127,861

Monthly HOA fee

$50

Price History

01/06/2025
Beaches

Beaches #R11044064

Listed
$15,900,000
12/27/2024
Beaches

Beaches #R11044064

Pending
$15,900,000
12/11/2024
Beaches

Beaches #R11044064

Listed
$15,900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

April 2021

Original loan amount

$4,620,000

Est. remaining balance

Not provided

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Sean A Baker and Dianna K Baker

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 6:05 AM

Listing updated: 01/29/2025 at 11:47 AM

Listed by: Joseph Liguori, Premier Estate Properties Phone #: (772) 234-5555

MLS: Beaches #R11044064

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