Welcome to The Moorings, a sophisticated oasis that seamlessly blends modern luxury with the island lifestyle. This exquisite 2 bedroom, 2-bathroom Penthouse is a true masterpiece, offering a lifestyle of comfort and convenience in Vero Beach. Enjoy the luxury of a private beach. Bask in the sun, take leisurely strolls along the shoreline, or simply revel in the exclusive beach access that comes with owning a piece of this coastal paradise. Treat yourself to this resort-style living experience. Schedule your exclusive showing today!
Property Details
Property Features
Property Information:
Architectural Style: One Story
Year Built: 1981
Stories: 4
Living Area: 1,880 SqFt
Listing Office:
Office Name: Compass Real Estate Group
Office Phone: (772) 464-8407
Listing Agent: Dina M McNeill
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Wine Cooler, Washer
Flooring Type: Carpet, Tile
Interior: Pantry, Walk-In Closet(s)
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Waterfront: Beach
View: Pool
Exterior: Balcony, Tennis Court(s)
Parking Information:
Parking: Assigned, Carport, Detached, Unassigned
Lot Features
Lot Information:
Lot: Other
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Electric
Other
Directions Information:
Directions: A1A to Mooringline Drive. Make left onto Bay Road. Building 1850 will be on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $534,900
Price Per SqFt: $285/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Vero Beach, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,737
Per Month
Principal & Interest
$2,670
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,670
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Highlands Elementary School
500 20th St SW
Distance between this listing and this school2.84 miles
Public District Grades PK-5
9
/10
Osceola Magnet School
1110 18th Ave SW
Distance between this listing and this school3.81 miles
Public Magnet Grades KG-5
4
/10
Vero Beach Elementary School
1770 12th St
Distance between this listing and this school4.75 miles
Public District Grades PK-5
Nearby Schools
3
/10
Oslo Middle School
480 20th Ave SW
Distance between this listing and this school3.91 miles
Public District Grades 6-8
6
/10
Imagine at South Vero
6000 4th St
Distance between this listing and this school7.01 miles
Public Charter Grades KG-8
3
/10
Gifford Middle School
4530 28th Ct
Distance between this listing and this school7.71 miles
Public District Grades 6-8
Nearby Schools
5
/10
Vero Beach High School
1707 16th St
Distance between this listing and this school4.90 miles
Public District Grades 9-12
1
/10
Alternative Center for Education
1426 18th St
Distance between this listing and this school5.02 miles
Public District Grades 5-12
7
/10
Indian River Charter High School
6055 College Ln
Distance between this listing and this school7.59 miles
The neighbors living near this home have an average income of $109,201. Typical income of Vero Beach, FL residents is $200k+ annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1850 Bay Rd Phd
What is the listing price of this property?
The listing price of 1850 Bay Rd Phd property is $534,900.
What type of property is this?
The property 1850 Bay Rd Phd is a house located in Phd, Vero Beach, Florida, 32963.
Is this property for sale now?
Active Listing: 1850 Bay Rd Phd is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1850 Bay Rd Phd has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1850 Bay Rd Phd is 1,880 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1850 Bay Rd Phd is 1981.
This home is located at 1850 Bay Rd Phd in Phd, Vero Beach, FL and zip code 32963 in the Moorings neighborhood. This 1,880 square foot home was built in 1981. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $534,900.
In October 2024, from all listings sold in Vero Beach, FL there were more than 10 sold above asking price, over 65 sold below and more than 19 were sold right at the asked price. The number of homes for sale in Vero Beach, FL increased by 10.1% between September 2024 and October 2024. Listings spent 64 days on the market in October 2024, and had a median list price of $410,145 during the same period.
From Rocket Homes Real Estate and based on county public records data.