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$6,250,000

Beds
3
Baths
4.5
sq ft
3,268

790 Lake Dr, Vero Beach, FL 32963

790 Lake Dr

Vero Beach, FL 32963

  • 3 days on market
Located in Riomar Bay II, this 3 BD/4.5 BA residence blends modern sophistication with European-inspired design. Tucked behind lush privacy hedging, this ultra-private residence features meticulously designed living spaces bathed in natural light. 14+/-foot ceilings, granite/marble floors, European finishes, custom millwork, smart home technology, expansive covered lanai, saltH20 lap pool, outdoor kitchen, separate fitness room, custom sauna, dock w/kayak launch to ICW, & croquet lawn all creating an airy, contemporary atmosphere. Located between the bridges, close to shops & dining.

Details

Property type

Single Family Residence

Est. home value

$2,362,299

Lot size

0.8 acres

Price per sq ft

$1,913

Year built

2019

Annual property taxes

$16,728

Monthly HOA fee

$390

Price History

01/20/2025
Beaches

Beaches #R11054639

Listed
$6,250,000
+2132.14%
08/24/2017
IndianRiver

IndianRiver #170126

Sold
$280,000

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

$5,114,724
Asking price
$6,250,000
Closing costs (~8% of asking)
-$500,000
Est. remaining loan balance
-$635,276
Cash to seller
$5,114,724

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

September 2021

Original loan amount

$790,000

Est. remaining balance

$635,276

Interest rate

2.1%

Loan type

New Conventional, 15 year

Seller

Vincent J Benincasa and Deidad E Benincasa

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: 01/22/2025 at 7:05 PM

Listing updated: 01/22/2025 at 5:25 AM

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

MLS: Beaches #R11054639

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