Enjoy breathtaking ocean views from this pristine 3 BR/ 3 BA Sabal Reef penthouse. The enclosed lanai brings in the natural light and maximizes the ocean views - the perfect spot to for your morning coffee. The property features South facing windows in the Living Areas and open concept flow between Living/Dining/Kitchen overlooking the lanai and views. Double door entry to the 3rd Bdrm makes it easy for study or bedroom use, while the Primary suite also captures ocean views. Sabal Reef amenities:2 car tandem garage, storage room, HTD pool, private dune crossover. 20lb pet ok w/ board approval
TownhomeProperty Type
1976Year Built
$540Price/Sq.Ft.
$1,667/moHOA Dues
2 car garageParking
Listed by Daina Bertrand• The Moorings Realty Sales Co.
The Moorings, located between Biscayne Bay and South Beach’s Atlantic shoreline, is a residential and waterfront South Beach neighborhood with canal-front streets and private dock lines. The neighborhood’s character concentrates around the Sunset Harbour Shops corridor near Purdy Avenue, where marina views meet a tight cluster of chef-driven dining rooms, boutique fitness studios, and design-forward storefronts. Mid-century low-rise buildings and newer condo towers frame a walkable grid that feels quieter than Ocean Drive but still tied to the water. The Venetian Causeway edges the area with long sightlines and steady bike traffic. Sunset Harbour Yacht Club and Monty’s Sunset sit as recognizable gathering points on the bay. Lincoln Road’s galleries and cafés sit nearby, keeping the tone polished and urban.
Provided by Walk Score and Local Logic
Offer insights
1150 Reef Rd Unit A8 · $950,000
$933K and above
75% chance or better to win
Why $933K+ is a strong offer
DAYS ON MARKET
169 days
The average home goes pending in 108 days.
SALE-TO-LIST
94.0%
Most homes are selling 6% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Window treatments
Sliding doors
Crown molding
Walk-in closet(s)
Furnishing negotiable
Bedrooms
Three bedrooms (13x11; 15x12; 19x12)
Bathrooms
Three full bathrooms
Kitchen
Refrigerator
Range
Microwave
Dishwasher
Disposal
Electric water heater
Laundry & utility
In-unit washer
In-unit dryer
Flooring
Carpet
Tile
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Exterior features
Porch
Enclosed porch
Paved road access
Ocean access
Oceanfront
Beach access
Has a view
Faces east
Property attached
Home design
Block and concrete construction
Tile roof
Three stories
Parking
Attached covered garage
2 garage spaces
Security
Phone entry
Security guard
Smoke detector(s)
Construction
Block construction
Concrete construction
Tile roof
Utilities
Public water
Public sewer
HOA & community
Association: Elliott Merrill
Monthly association fee of $1,667
Association fee includes common areas, insurance, structure maintenance, reserve fund, sewer, trash and water
Community amenities include clubhouse, elevator, storage facilities and pool
Financial info
Pets allowed (limits on number and size)
Electricity and solar
View estimated energy costs and solar savings for this home
CHECK OUT THIS FIXER UPPER! OCEAN VIEW, ELEGANT BUILDING, SOUTHEAST EXPOSURE, GLASSED-IN PORCH, TOP FLOOR, CORNER WINDOWS, EXTRA LARGE STORAGE. 2-CAR GARAGE. ON-SITE MANAGER. SOLD "AS IS". INSPECTIONS WELCOME.
Public Records
Jul 1, 1978
Sold
$137,000
$78/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,752 (+3.9%)
$683,510
2024
$9,388 (+6.5%)
$683,510
2023
$8,818 (+17.1%)
2022
$7,531 (+1.4%)
2021
$7,425 (−1.4%)
$528,379
2020
$7,531 (−2.4%)
$503,218
2019
$7,714 (+5.7%)
$503,218
2018
$7,295 (+3.3%)
2017
$7,063 (+10.8%)
$483,863
2016
$6,373 (+24.2%)
$420,750
2014
$5,130
$382,500
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1976
Finished Sq. Ft.
1,760
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,760
Year built
1976
Style
Condo/Co-op
County
Indian River County
APN
33402700009002000008.0
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
RM-10
Multiple-Family Residential Districts
The multiple-family districts are established to implement the policies of the Indian River County Comprehensive Plan for mFSingle-familanaging land designated for residential uses, providing opportunities for multifamily residential units and ensuring adequate public facilities to meet the needs of residents. These districts are also intended to implement the county's housing policies by providing opportunities for a varied and diverse housing supply.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Climate risks
4/10 Flood Factor
Estimated 14-22% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
8 days above 106° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Vero Beach, FL • 32963
Average low and high temperatures (°F)
70
53
74
57
79
63
81
69
87
74
89
76
91
76
91
77
88
77
83
73
79
64
74
60
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1150 Reef Rd Unit A8
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $520,000 and $810,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $520K to $810K.