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9043 Somerset Bay Ln

Vero Beach, FL 32963

3 bd 3 ba 3,088 sqft Built 2006 condo
Most recent sale
$1,485,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 6, 2024 Sold $1,750,000 Public Record
Jul 1, 2024 Sold $1,750,000 IndianRiverCounty
Apr 9, 2024 Listed $1,795,000 IndianRiverCounty
Feb 17, 2022 Sold $1,485,000 Public Record
Feb 12, 2021 Sold $1,060,000 IndianRiverCounty
Dec 14, 2020 Listed $1,175,000 IndianRiverCounty
Aug 22, 2014 Listing removed $875,000 IndianRiverCounty
Aug 21, 2014 Sold $875,000 IndianRiverCounty
Feb 24, 2014 Price changed $875,000 IndianRiverCounty
Dec 18, 2013 Listed $950,000 IndianRiverCounty
Dec 21, 2006 Sold $1,133,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,448,855 $1,448,855 $20,720
2024 $1,448,855 $1,448,855 $14,099
2022 $1,018,198 $1,018,198 $14,471
2021 $734,630 $734,630 $10,836
2020 $734,630 $734,630 $10,996
2019 $816,255 $816,255 $12,578
2018 $816,255 $816,255 $12,751
2017 $742,050 $742,050 $11,796
2016 $742,050 $742,050 $11,931
2015 $699,550 $699,550 $11,741
2014 $489,110 $7,490
2013 $481,890 $7,392
2012 $528,300 $8,033
2011 $573,120 $8,754
2010 $564,660 $8,644
2009 $583,990 $8,577
2008 $723,220 $10,797
2007 $809,370 $12,316

Property facts

Year built
2006
Property type
condo
Stories
1
Beds
3
Baths
3
Living area
3,088 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
$5,713
Gross rental yield
4.62%
Implied cap rate
3.00%
Trend-extrapolated value

Frequently asked questions

When did 9043 Somerset Bay Ln last sell?
9043 Somerset Bay Ln most recently sold on Feb 17, 2022 for $1,485,000.
What is the current tax assessment for 9043 Somerset Bay Ln?
The most recent total assessment for 9043 Somerset Bay Ln (year 2025) is $1,448,855 with $20,720 in property tax.
How does 9043 Somerset Bay Ln's assessment compare to its last sale price?
The current assessment is 2.4% below the last sale price of $1,485,000.
When was 9043 Somerset Bay Ln built?
9043 Somerset Bay Ln was built in 2006.
How does 9043 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 9043 Somerset Bay Ln?
9043 Somerset Bay Ln is a 3 bed, 3 bath, 3,088 sqft condo.
Is 9043 Somerset Bay Ln a flip candidate?
Yes — 9043 Somerset Bay Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 9043 Somerset Bay Ln a tax-appeal candidate?
No — 9043 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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