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Off market
  • $7,485,500

    50 Sago Palm Rd, Indian River Shores, FL 32963

    4beds
    8,180sqft
    SingleFamily
    Built in 1996
    0.87 Acres Lot
    $7,485,500 Zestimate®
    $915/sqft
    $59,960 Estimated rent

    Home value

    $7,485,500

    $6.36M - $8.91M

    $59,960/mo

    Zestimate® history
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    Owner options

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    $59,960/mo

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    Rent Zestimate®

    Refinance and save

    $48,607/mo

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    $48,607/mo

    Est. payment

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    What's special

    This 4BR/5.5BA home's exceptional architecture and design create a truly livable retreat that interacts harmoniously with its outdoor living spaces and gardens. Set back from the road, showcasing peaceful JI Sound views and a nature reserve, privacy is paramount. Custom 9-foot mahogany arched doors with pocket screens, hardwood floors and custom millwork grace this casually elegant 8,180+/- GSF home. Classic columns line the entry foyer with a barrel vaulted ceiling and imported limestone flooring. The dramatic living room with custom fireplace, soaring tray ceilings with cove lighting and a series of arched mahogany doors leads to the covered lanai. Equally impressive is the large center island, gourmet kitchen adjoining the vaulted ceiling family room with fireplace. The desirable screened porch with built-in barbecue, fireplace and southeast exposure offers year-round comfort; perfect for entertaining. Unsurpassed features include a media room, office, private boat dock and an A/C room above the 3-car garage. Stone garden pathways through lush landscaping and an enchanting lagoon pool with waterfall make this home a tropical paradise.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Features
    • Flooring: Tile, Other, Concrete
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 8,180 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco, Cement / Concrete
    • Has spa: Yes
    Lot
    • Size: 0.87 Acres
    Details
    • Parcel number: 324018000590000000040

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Year built: 1996

    Community & neighborhood

    Location
    • Region: Indian River Shores

    Price history

    DateEventPrice
    5/22/2017Sold$4,400,000-6.9%$538/sqft
    Source: Public Record Report a problem
    3/17/2017Pending sale$4,725,000$578/sqft
    Source: John's Island Real Estate Company Report a problem
    2/18/2017Listed for sale$4,725,000+57.5%$578/sqft
    Source: John's Island Real Estate Company Report a problem
    4/26/1999Sold$3,000,000$367/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$48,031 +2.6%$4,068,576 +2.9%
    2024$46,812 +4.4%$3,953,912 +3%
    2023$44,826 +2.1%$3,838,750 +3%
    2022$43,898 -1.2%$3,726,942 +3%
    2021$44,423 -0.4%$3,618,390 +1.4%
    2020$44,588 $3,568,432 0%
    2019$44,588 -4.4%$3,568,470 +5.5%
    2018$46,633 +66.3%$3,383,311 +62.2%
    2017$28,034 $2,086,132 +2.2%
    2016$28,034 -1.9%$2,040,510 +0.7%
    2015$28,585 -4%$2,026,330 +0.8%
    2014$29,784 $2,010,250 -8.3%
    2013-- $2,191,120 -0.7%
    2012$32,268 -12.2%$2,207,460 -12.1%
    2011$36,737 -5.3%$2,511,010 -5.3%
    2010$38,801 +7.9%$2,651,220 -4.3%
    2009$35,960 -1.5%$2,769,060 -21.5%
    2008$36,496 -11%$3,525,440 +0.8%
    2007$40,994 $3,498,970 -8.7%
    2006-- $3,832,000 +3%
    2005-- $3,721,000
    2004-- $3,721,000 +1.9%
    2003-- $3,651,690

    Find assessor info on the county website

    Neighborhood: 32963

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,485,500
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    Estimated market value
    $7,485,500