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9025 Somerset Bay Ln

Vero Beach, FL 32963

3 bd 3 ba 2,760 sqft Built 2003 condo_townhome_rowhome_coop
Most recent sale
$1,000,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $1,000,000 Public Record
Sep 26, 2022 Sold $1,000,000 IndianRiverCounty
Aug 28, 2022 Price changed $1,100,000 MLS #258299
Jul 19, 2022 Listed $1,200,000 MLS #258299
Mar 15, 2021 Sold $740,000 IndianRiverCounty
Nov 22, 2019 Listed $755,000 MLS #227686
May 29, 2013 Listing removed $550,000 IndianRiverCounty
Apr 29, 2013 Sold $516,000 Public Record
Apr 26, 2013 Sold $516,000 IndianRiverCounty
Jan 25, 2013 Relisted $550,000 SpaceCoast
Sep 19, 2012 Price changed $550,000 MLS #124959
Jul 17, 2012 Price changed $580,000 MLS #124959
Jul 1, 2012 Listing removed $750,000 SpaceCoast
Jun 29, 2012 Price changed $710,000 MLS #124959
Feb 17, 2012 Listing removed $750,000 JTHSMLS
Jan 10, 2012 Listed $750,000 MLS #R3251189
Jan 9, 2012 Listed $750,000 MLS #124959
Jan 5, 2012 Listed $750,000 SpaceCoast
Dec 4, 2011 Listing removed $850,000 IndianRiverCounty
Jan 29, 2011 Listed $850,000 MLS #116596
Apr 6, 2006 Sold $920,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,009,605 $1,009,605 $14,480
2024 $1,009,605 $1,009,605 $14,502
2023 $917,823 $917,823 $12,987
2022 $709,511 $709,511 $10,117
2021 $283,176 $3,666
2020 $279,266 $3,656
2019 $272,987 $3,666
2017 $262,387 $3,611
2016 $256,990 $3,569
2015 $255,210 $3,698
2014 $409,960 $6,811
2013 $371,280 $5,565
2012 $417,690 $6,236
2011 $471,060 $7,097
2010 $464,100 $7,005
2009 $483,440 $7,007
2008 $638,140 $8,966

Property facts

Year built
2003
Property type
condo_townhome_rowhome_coop
Stories
4
Beds
3
Baths
3
Living area
2,760 sqft
Lot size
ZIP code
32963
City
Vero Beach
Street
Somerset Bay Ln
Coordinates
27.75839, -80.40262

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,106
Gross rental yield
6.13%
Implied cap rate
3.98%
Trend-extrapolated value

Frequently asked questions

When did 9025 Somerset Bay Ln last sell?
9025 Somerset Bay Ln most recently sold on Oct 3, 2022 for $1,000,000.
What is the current tax assessment for 9025 Somerset Bay Ln?
The most recent total assessment for 9025 Somerset Bay Ln (year 2025) is $1,009,605 with $14,480 in property tax.
How does 9025 Somerset Bay Ln's assessment compare to its last sale price?
The current assessment is 1.0% above the last sale price of $1,000,000.
When was 9025 Somerset Bay Ln built?
9025 Somerset Bay Ln was built in 2003.
How does 9025 Somerset Bay Ln compare to others on Somerset Bay Ln?
We track 8 other properties on Somerset Bay Ln. Browse the list under "Other properties on Somerset Bay Ln" to compare beds, baths, and sale history.
What are the property facts for 9025 Somerset Bay Ln?
9025 Somerset Bay Ln is a 3 bed, 3 bath, 2,760 sqft condo_townhome_rowhome_coop.
Is 9025 Somerset Bay Ln a flip candidate?
Yes — 9025 Somerset Bay Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 9025 Somerset Bay Ln a tax-appeal candidate?
No — 9025 Somerset Bay Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.7%
Implied 1-yr
-3.0%
2026 Q3
$1.46M
2026 Q4
$1.44M
ZIP 32963 — Median Price History + Forecast

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