For sale

Price cut: $100K (6/23)

$1,395,000

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

3beds

3,088sqft

$10,824/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.

164 days

109

5

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

Video & virtual tour

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

Price history

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

Public tax history

Year	Property taxes	Tax 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