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For sale
  • Price cut: $100K (6/23)
    $1,395,000

    9049 Somerset Bay Ln APT 302, Vero Beach, FL 32963

    3beds
    3,088sqft
    : 
    $10,910/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $452/sqft
    $2,174/mo HOA

    What's special

    Gas fireplaceSerene bedroom suitesPrivate elevatorCustom built-insStunning riverfront home-in-the-skyOpen living spacesMarble floors
    Enjoy radiant sunsets from this stunning riverfront home-in-the-sky. A private elevator opens to 3 bedrooms and 3.5 baths, beautifully appointed with marble floors, crown molding, gas fireplace, custom built-ins, automatic screens, and plantation shutters. Open living spaces frame sweeping water views, while serene bedroom suites offer refined comfort. Residents enjoy a clubhouse, fitness center, and private beach access—an effortless blend of elegance and coastal ease. Incorrect sq. ft. in tax record.
    160 days
    |
    112
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy J Hardy 772-321-8300,

    Luke D Webb Real Estate Inc

    Source: Realtor Association of Indian River County,MLS#: 295421MLS LogoOriginating MLS: Indian River

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Bedroom
      • Dimensions: 16x14
      Bedroom
      • Dimensions: 17x13
      Bedroom
      • Dimensions: 15x12
      Family room
      • Dimensions: 17x14
      Kitchen
      • Dimensions: 16x14
      Living room
      • Dimensions: 27x21
      Porch
      • Dimensions: 21x11
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
      • Laundry: In Unit
      Features
      • Built-in Features, Crown Molding, Elevator, Kitchen Island, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
      • Flooring: Marble
      • Doors: French Doors
      • Windows: Blinds
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 3,088 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 4
      • Exterior features: Balcony
      • Pool features: Electric Heat, Heated, Pool, Community
      • Has view: Yes
      • View description: Lake, River
      • Has water view: Yes
      • Water view: Lake,River
      • Waterfront features: Lake, Pond, River Front, Beach Access
      Lot
      • Features: Other
      Details
      • Parcel number: 31392600040008000302.0
      • Zoning: ,
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Multi-Level
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Block, Concrete, Stucco
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: County Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Clubhouse, Fitness, Storage Facilities, Trash Chute, Water Access, Pool
      • Security: Gated Community, Key Card Entry, Fire Sprinkler System
      • Subdivision: SOMERSET BAY CONDO
      HOA
      • Has HOA: Yes
      • Amenities included: Dues Paid Monthly
      • Services included: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
      • HOA fee: $2,174 monthly
      • HOA name: Beacon Management
      Location
      • Region: Vero Beach

      Financial & listing details

      • Price per square foot: $452/sqft
      • Tax assessed value: $1,085,673
      • Annual tax amount: $9,227
      • Date on market: 3/2/2026
      • Listing terms: Cash,New Loan
      • Ownership: Condo
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/23/2026Price change$1,395,000-6.7%$452/sqft
        Source: Realtor Association of Indian River County #295421 Report a problem
        3/18/2026Price change$1,495,000-6.3%$484/sqft
        Source: Realtor Association of Indian River County #295421 Report a problem
        3/2/2026Listed for sale$1,595,000+82.3%$517/sqft
        Source: Realtor Association of Indian River County #295421 Report a problem
        9/4/2020Sold$875,000-2.7%$283/sqft
        Source: Realtor Association of Indian River County #233354 Report a problem
        6/18/2020Listed for sale$899,000+18.3%$291/sqft
        Source: Dale Sorensen Real Estate Inc. #233354 Report a problem
        5/15/2008Sold$760,000$246/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,227 +2.9%$680,058 +2.9%
        2024$8,967 +4.8%$660,892 +3%
        2023$8,560 +2.6%$641,643 +3%
        2022$8,341 -0.3%$622,954 +3%
        2021$8,366 +31%$604,810 +30.5%
        2020$6,387 $463,294 +2.3%
        2019$6,387 -0.5%$452,878 +1.9%
        2018$6,418 +1.2%$444,434 +2.1%
        2017$6,341 $435,293 +2.1%
        2016$6,341 +1.1%$426,340 +0.7%
        2015$6,275 -3.5%$423,380 +0.8%
        2014$6,502 $420,020 +1.5%
        2013-- $413,820 -10.1%
        2012$6,927 -3.1%$460,230 -3%
        2011$7,151 +1.3%$474,440 +1.5%
        2010$7,060 +7.5%$467,430 +2.7%
        2009$6,566 -41.7%$455,150 -39.6%
        2008$11,258 +864.7%$754,160 +879.4%
        2007$1,167 $77,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Wabasso Beach

        Getting around

        2 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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