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$1,795,000   Price Analysis
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9043 Somerset Bay Ln Apt 402
Vero Beach, FL 32963
3 bed 4 bath 3,088 SqFt ($581/SqFt)
Built 2007
Listed 2024-04-09, HOA $1891, Taxes $14,471
Ⓧ USDA Ineligible
due to price & location

near Vero Beach

Exquisite rarely available penthouse condo residence with expansive views of the Indian River!

* Has Contingent Offer *

Located in the prestigious barrier island community of Somerset Bay, this 3 bedroom, 3.5 bath residence features an open living split floor plan concept and private elevator entry, a vast master with breathtaking river views, a pretty chef's kitchen, 2 spacius living areas, 2 guest suites with full baths en-suite, dry bar, gas fireplace, spacious lanai with propane connection and private, climate controlled, oversized 3 car garage, plus bonus storage room.

Gated ocean to river community with pool and state of the art fitness, deeded beach access and community day dock.


Presented by Talle Genoni at
One Sotheby's International Realty.
Listing Agent Photo

Property MLS #277202 from IndianRiverCounty

Bedrooms: 3

Total Rooms: 7
Bedroom: 15 x 12
Bedroom: 17 x 13
Bedroom: 16 x 14
Porch: 21 x 11
Bedroom: 15 x 12
Bedroom: 17 x 13
Bedroom: 16 x 14
Kitchen: 16 x 14
FamilyRoom: 17 x 14
LivingRoom: 27 x 21
Family Room Dimensions: 17 x 14
Living Room Dimensions: 27 x 21

Total Bathrooms: 4
Full Bathrooms: 3
1/2 Bathrooms: 1

BuiltinFeatures
ClosetCabinetry
CrownMolding
Elevator
KitchenIsland
SplitBedrooms
WalkInClosets
FrenchDoorsAtriumDoors
Furnished Description: Unfurnished
Door Features: FrenchDoors
Flooring: Marble
Window Features: SingleHung

BuiltInOven
Cooktop
Dryer
Dishwasher
ElectricWaterHeater
Disposal
Microwave
Range
Refrigerator
WineCooler
Washer
Laundry Features: LaundryRoom, LaundryTub, InUnit

Cooling Features: CentralAir
Heating Features: Central
Heating: Yes
Number of Fireplaces: 1

Kitchen Dimensions: 16 x 14

Balcony
Road Surface Type: Paved
Porch Dimensions: 21 x 11

Pool Features: ElectricHeat, Heated, Pool, Community

RiverFront
BeachAccess

Garage Spaces: 3
Parking Features: ThreeCarGarage, ThreeormoreSpaces

View: Intercoastal, Lake, River

Association: Yes
Association Fee: 1891
Association Fee Includes: Insurance, MaintenanceStructure, RecreationFacilities, ReserveFund, Sewer, Security, Trash
Calculated Total Monthly Association Fees: 1891
Association Name: Elliott Merrill
Pets Allowed: Yes, NumberLimit, SizeLimit

Elementary School District: Indian River County Schools
High School District: Indian River County Schools
Middle or Junior School District: Indian River County Schools

Gifford Middle School is a public middle school located approximately 5.8 miles away.
directions icon Map directions

Beachland Elementary School is a public elementary school located approximately 7.6 miles away.
directions icon Map directions

Vero Beach High School is a public high school located approximately 8.9 miles away.
directions icon Map directions

New Hope Christian Academy is a private elementary school located approximately 3 miles away.
directions icon Map directions

Clubhouse
Fitness
WaterAccess
Pool
Community Features: Clubhouse, Fitness, WaterAccess, Pool

Annual Tax Amount: 13467
Source Listing Status: ActiveUnderContract
County: Indian River County
Directions: A1A North to Bermuda Club, West to condos.
Tax Year: 2023
Ownership: Condo
Source Property Type: Residential
Area: Beach Central
Property Subtype: condo
Source Neighborhood: SOMERSET BAY CONDO
Parcel Number: 31392600040007000402.0
Postal City: Vero Beach
Subdivision: SOMERSET BAY CONDO
Zoning: Residential
Zoning Description: Residential
Property Subtype: Attached
Lot Number: 402
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,018,198 + $unknown
$1,018,198
$14,471
2021$734,630 + $unknown
$734,630
$10,836
2020$734,630 + $unknown
$734,630
$10,996
2019$816,255 + $unknown
$816,255
$12,578
2018$816,255 + $unknown
$816,255
$12,751
2017$742,050 + $unknown
$742,050
$11,796
2016$742,050 + $unknown
$742,050
$11,931
2015$699,550 + $unknown
$699,550
$11,741
2014$unknown + $unknown
$489,110
$7,490
2013$unknown + $unknown
$481,890
$7,392
2012$unknown + $unknown
$528,300
$8,033
2011$unknown + $unknown
$573,120
$8,754
2010$unknown + $unknown
$564,660
$8,644
2009$unknown + $unknown
$583,990
$8,577
2008$unknown + $unknown
$723,220
$10,797
2007$unknown + $unknown
$809,370
$12,316

Price Changed 2024-05-08
$1,795,000
IndianRiverCounty
Price Changed 2024-05-07
$1,395,000
IndianRiverCounty
Listed 2024-04-09
$1,795,000
IndianRiverCounty
Sold 2022-02-17
$1,485,000
Public Record
Sold 2021-02-12
$1,060,000
IndianRiverCounty
Listed 2020-12-14
$1,175,000
IndianRiverCounty
Listing removed 2014-08-22
$875,000
IndianRiverCounty
Sold 2014-08-21
$875,000
IndianRiverCounty
Price Changed 2014-02-24
$875,000
IndianRiverCounty
Listed 2013-12-18
$950,000
IndianRiverCounty
Sold 2006-12-21
$1,133,000
Public Record

Total Square Feet Living: 3088
Year Built: 2007
Building Features: ReceptionArea
Construction Materials: Block, Concrete, Stucco
Direction Faces: Southwest
Levels: ThreeOrMore
Property Age: 17
Property Attached: Yes
Roof: Tile
Levels or Stories: 4
Building Total Stories: 4
Architectural Style: MultiLevel

Sewer: CountySewer
Water Source: Public
Click Thumbnail Images To View Full Size
living_roomliving_roomdining_roomdining_roomliving_room
living_roomunknownkitchenkitchenkitchen
living_roombedroombedroombathroombathroom
unknownbedroombathroombathroomliving_room
house_viewhouse_viewpoolpoolporch
poolunknownunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.