Carlton Home Close to Beach Access | Indian River Shores, FL

Carlton Home Close to Beach AccessIndian River Shores, Florida

This spectacular 5 bedroom, 5+ bath home is located in the prestigious community of Carlton close to deeded beach access. Upon entering the home, abundant natural light and elegant

touches welcome you in. This two-story home also offers an elevator for convenience.

The living room features a gas log fireplace. Enjoy custom features and designer finishes throughout the home including Saturnia marble floors, wood floors, crown molding, and built-ins.

The dining room is accented by columns. Just beyond is a den/library with custom built-in bookshelves.

The kitchen is an epicurean delight with G.E. Monogram appliances including a warming drawer and wine cooler for ease of entertaining. Designer kitchen cabinets are accented by granite counter tops and tumbled marble tile backsplash. The kitchen also offers a walk-in pantry.

An adjacent breakfast nook overlooks the pool and French doors open to a screened patio.

Just beyond the kitchen is the spacious family room with custom built-ins.

The luxurious master suite features a wood burning fireplace and a large walk-in closet. The spa-like bath retreat includes double sinks, plantation shutters, jetted tub, and walk-in shower.

Additional guest rooms include a downstairs suite opening to a patio and a second floor bedroom with double built-in desk and cabinets.

The lanai is an oasis with heated pool, spa, summer kitchen, and screened patio.

Enjoy ocean breezes from the balcony with pocket screen doors. In addition to the main floor laundry room, a stacked washer/dryer is located on the second floor for convenience. A private guest suite is located above the garage and offers a wet bar with granite counter and refrigerator. Additional features include an air conditioned two-car garage, security/audio system,

central vacuum system, and generator.

A pebble stone path with gate leads to deeded beach access which is close by.

Amenities at Carlton also include gated entry with 24 hour guard, an exquisite clubhouse with pool, spa, fitness center, saunas, and Har-Tru tennis court. Guest suites are available for a

nominal fee.

A pleasant climate, excellent community, great people, the absence of high rises, low crime, no traffic, and the scenic natural environment all come together to give Indian River Shores in Vero Beach its unique charm. Home to more Fortune 500 CEO’s than anywhere in the nation, this unique community provides local law enforcement, fire protection and emergency medical services through its well-regarded Public Safety Department.

Vero Beach offers a year round calendar of events, festivals and other activities, as well as a lively cultural scene, including the Riverside Theatre for the performing arts. Ocean Drive offers upscale shops & dining and large metropolitan cities such as Miami, Palm Beach, and Orlando are an enjoyable distance away.

®, ™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned and Operated, Except Offices Owned and Operated By NRT Incorporated.

Michael ThorpeBroker | [email protected]

Kimberly Hardin ThorpeBroker | [email protected]

For additional information and a private tour call:

Begin this everlasting vacation for $1,299,000

Status: Active

400 OCEANVIEW LN INDIAN RIVER SHORE, FL 32963 List Price: $ 1,299,000Listing Type: Exclusive Right to Sell Selling Price: ML#: 148503 Sold Date:

Building #: Indian River CountyMap Coordinates:Subdivision: Project: CARLTONCarlton

Area: 13 Type: D Ownership: SingleGoverning Body: Design: 2Homeowners Assoc

Lot Size: 80x200 Approx. Acreage: .25-.50 Acreage:

Waterfront: No / No Waterfront

Pool: Yes / Private / Free Form

Construction:Concrete Block, With Stucco

2 Roof: TileFireplace: Year Built: 2003

View: Garden, Pool Lead Base Pnt Disc: No

Bedrooms: 5 Baths: 5 / 2 Floors: Carpet, Marble, Tile, WoodPets: Y Land: Cul-De-Sac, Road paved

Living Rm: 14x15 Bed RM 1: 16x27 Bed RM 3: 12x13 Porch: App Liv Ar Sq Ft: 5001-5500 Sq. Ft.:Kitchen: 14x19 Bed RM 2: 14x15 Bed RM 4: 12x13 Other: 13x14Dining RM: 09x14 Family RM: 15x16 Patio: Elementary: Beachland Elementary

Additional Rooms: Bedroom, Pantry Parking: 2 Car garage, Air conditioned, Door Opener, Driveway

Middle/Jr High: Gifford MiddleSenior High: Vero Beach High School

Remarks: This spectacular 5BR, 5+BA home is close to deeded beach access and offers custom features & designer finishes including Saturnia marble floors, granite & built-ins throughout. Enjoy an elevator, private guest suite w/wet bar, luxurious master suite w/ocean view & spa-like bath retreat, heated pool/spa, summer kitchen & screened patio. Amenities include fitness, clubhouse, tennis & more.

Directions: North on A1A from Beachland Blvd. To Carlton. Guard will direct.

Furnishings: Unfurnished Stories: 2 Unit Floor: 1 Front Door Faces: Faces North

Unit Description:

Central Vacuum, Back up Generator blt-in, Cook Top, Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven(s), Washer, Water Heater Electric, Water Purification, Water Softener Leased, Wine Cooler

Ceiling Fans: Appliances: 12

Furnished, Shades/Blinds Furnished Windows & Doors: Window Treat.: Door(s) French, Impact resistant, Tinted, Window(s) Single hung

Built-in wall unit, Crown molding, Custom closets, Elevator (private), Island kitchen, Pantry, Walk- in closet

Inside Features:

Outside Features: Balcony open, Built-in BBQ, Fence, Irrigation sprinkler, Porch covered, Porch screened, Summer kitchen

East of A1AMiscellaneous:

Security:Laundry: Dwnstr, Room, Upstrs, Utysnk Gateman

Restrict: Other restrictions Commun Info: Clubhouse, Exercise/fitness room, Granted beach access, Hot tub/spa, Manager on site, Tennis court(s)

Heat: 3 Central, ElectricCooling: 3 Central, ElectricWater: Sewer: CityCity Electric: FPL Natural Gas: N

Legal: CARLTON VERO BEACH SUB BLK/BLDG : LOT/UNIT : LOT 4 PBI/OR BK: PBI 15-6 Coastal Constrc Control Line:

31393600027000000004.0 Zoning: ResidentialTax ID#:

$ 14,813 , Year 2013 Exemptions: No ExemptionsTaxes:OtherMaintenance Fee Includes:

QuarterlyMembership: Maintenance Fee: $ 2,975 Payable:Capital Contributions:VT: http://tinyurl.com/mcgrrek

*** INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. BUY MUST VERIFY *** 8:37 AM 01/22/2015

Carlton Home Close to Beach Access 400 Oceanview Lane, Indian River Shores, FL 32963

This spectacular 5BR, 5+BA home offers custom features & designer finishes including Saturnia marble floors, granite & built-ins throughout. Enjoy an elevator, private guest suite with wet bar, luxurious master suite with ocean view & spa-like bath retreat, heated pool/spa, summer kitchen & screened patio. Close to deeded beach access. Amenities include fitness, clubhouse, tennis & more.

Interior Features

♦ 5,006 square feet (AC) excluding garage | 5,600 square feet (AC) including garage ♦ Private elevator ♦ Wood floors, designer carpet selections, Saturnia “marble” flooring ♦ Crown moldings in all rooms except closets ♦ Designer window treatments, ceiling fans, and hanging light fixtures included ♦ TV’s include 1 – 42” Plasma & 1 – 50” Plasma (approx. $75,000) ♦ Gas log fireplace in Living Room ♦ Custom built-ins in library/den ♦ Custom built-ins in family room

Kitchen

♦ G.E. monogram kitchen appliances o Warming drawer o Wine cooler o Oven/cooktop o Convection/microwave o Side by side refrigerator o Dishwasher

♦ Designer kitchen cabinets ♦ Tumbled marble tile backsplash ♦ Walk in pantry with under counter refrigerator

Master Suite

♦ Wood burning fireplace ♦ “Hidden” TV above fireplace (screen art) ♦ Custom built walk-in closet – large ♦ Marble master bath

o Jetted tub o Large walk-in shower o Double sinks o Plantation shutters

Guest Rooms

♦ All closets – built-in drawers ♦ Guest suite above garage has wet bar w/sink, granite counter & refrigerator ♦ Double built in desk with cabinets, bookcases in upstairs guest bedroom ♦ Pocket screen doors for ocean breezes

Laundry

♦ Granite and custom cabinets ♦ Whirlpool washer and dryer in downstairs laundry ♦ Stack washer/dryer upstairs (bedrooms)

Lanai Features

♦ Screened patio with monogram grill and summer kitchen ♦ Heated pool & spa ♦ Covered dining area ♦ Pebble stone walkway to gate, leads between condo building to deeded beach access-very close

Additional Features

♦ Garage is air conditioned and includes built-in storage ♦ Gutters ♦ 4 Trane AC units ♦ New “Outlet Source” generator for downstairs (25KW) ♦ 1,000 gallon propane tank for generator/pool heater ♦ 120 gal hot water heater ♦ Entire house water filter system ♦ Entire home sound system ♦ Security system ♦ Central vac system

Carlton Community Features

♦ Gated entry with 24 hour guard ♦ Brick paver roadways ♦ 7,000 square foot clubhouse ♦ Guest suites available for nominal fee ♦ Club room and catering kitchen ♦ Fitness center with locker rooms and saunas ♦ Heated pool ♦ Har-Tru tennis court ♦ Putting green ♦ Basketball hoop ♦ Deeded beach access with 3 dune walkovers ♦ Full time management and maintenance staff

For additional information, please contact Michael Thorpe, 772.532.0449 | [email protected],

or Kimberly Hardin Thorpe, 772.532.5233 | [email protected].

Revised 10/14/2014 Page 1

CARLTON VERO BEACH 2015 BUDGET NARRATIVE & DEFINITIONS

CONDO ~ COMMUNITY ~ CABANA

ADMINISTRATIVE/OFFICE EXPENSES Audit/Review

The cost for a certified public accountant to do an annual audit of the financial condition of the associations’ accounts.

Corporate Fees Annual fees to register the Community, Condominium and Cabanas as corporations with the Florida Secretary of State ($61.25 per association) Condo: Annual fee to register the Condominium Association with the Florida Division of Condominiums ($4 per unit)

Insurance Our insurance is written through Statewide Commercial Insurance located in Vero Beach by agent Tom Danaher. There has been a change in the insurance companies. Last year we budgeted our property insurance with Citizens (wind) and Chubb (x wind). Citizens was created in 2002 by the Florida State Government to provide property insurance for homeowners who cannot obtain insurance elsewhere. It is government-owned, not for profit, insurer of last resort. The budgets are adopted in November and the policies renew in April. Last year we changed insurers from Citizens and Chubb to Lloyd’s of London. Citizen’s and Chubb rated the three associations differently than Lloyd’s. The condominium was paying .41% of the appraised value and Lloyd’s is .53%. Therefore, the budget increased. The community went from 1.26% (Citizens’ and Chubb) to .68% (Lloyd’s) and the cabana went from 1.15% (Citizens and Chubb) to .52% (Lloyd’s). The premiums for the community and cabana have decreased. The following is a breakdown of the coverages. CONDOMINIUM Coverage Type Renewal Company Deductible Premium

Property & Wind April 5th Lloyd’s of London 5,000 3% Hurricane 90%& Co-Ins.

$131,300.00

General Liability April 5th Covington 0 $ 1,590.00

Directors & Officers Liability

April 5th Liberty Insurance 1,000 $ 732.00

Umbrella Liability April 5th National Surety 10,000 $ 1,500.00

Fidelity Bond April 5th Liberty Insurance 250 $ 1,122.00

Workers Comp April 5th Continental N/A $ 712.00

Boiler & Machinery

April 5th Hartford Steam & Boiler 1,000 $ 1,580.00

Finance Charges $ 3,450.00

TOTAL $141,986.00


CONDOMINIUM CONTINUED Flood 100 Bldg

X ZONE July 2nd Selective Insurance Co 25,000

$ 2,956.00

Flood 200 Bldg X ZONE

May 8th Selective Insurance Co 25,000

$ 2,956.00


Feb 20th Selective Insurance Co 25,000

$ 2,956.00

Flood 400 bldg X ZONE

Dec 15th Selective Insurance Co 25,000

$ 2,956.00

Flood 500 bldg X ZONE

June 29th Selective Insurance Co 25,000

$ 2,956.00


Mar 21st Selective Insurance Co 25,000

$ 2,956.00

TOTAL $17,736.00

The budget number is smaller than the narrative because the narrative reflects the estimated annual policy premium which renews on April 5th. We budget for the 1st quarter based on the previous year’s premiums and the remainder of the year from the new estimated premiums. COMMUNITY Coverage Type Renewal Company Deductible Premium

Property and Wind

April 5th Lloyd’s of London 5,000 3% Hurricane 90%& Co-Ins.

$ 11,570.00

General Liability April 5th Columbia 0 $ 1,440.00


April 5th Liberty Insurance 1,000 $ 755.00

Umbrella Liability April 5th Federal Insurance 10,000 $ 1,440.00

Fidelity Bond April 5th Liberty Insurance 250 $ 585.00

Workers Comp

April 5th Continental

N/A $ 712.00

Finance Charge

$ 600.00

TOTAL $17,132.00

Flood /Clubhouse June 8th Selective Insurance Co 25,000

$ 3,030.00


CABANA

Coverage Type Renewal Company Deductible Premium

Property & Wind April 5th Lloyd’s of London 5,000 3% Hurricane 90%& Co-Ins.

$4,529.00

General Liability April 5th Covington 0 $ 896.00


April 5th Liberty 1,000 $ 732.00

Umbrella Liability April 5th Federal Insurance 10,000 $1,515.00

Fidelity Bond April 5th Liberty 250 $ 470.00

Workers Comp April 5th Continental N/A $ 712.00

Finance Charge $ 175.00

TOTAL $ 9029.00

Flood /Cabana Oct 15th Selective Insurance Co 25,000

$ 1,613.00

Flood

The current deductibles for the condo, community and cabana are $25,000. The flood insurance is with Selective Insurance Company. Zone is X.

Legal

Estimate of fees for routine legal services. Management Payroll

This includes the costs for the community manager and administrative assistant. Cost is prorated Community 40%, Condo 55% and Cabana 5%.

Payroll Tax/Administrative Expenses

This includes social security, state & federal taxes, unemployment tax , employer liability insurance, workers compensation and the costs for the employee leasing company.

Health Insurance

This is the cost for health and dental insurance for the community manager and administrative assistant.

Office Expenses

Envelopes, postage, paper, copy machine, fax machine, computers, cell phone and other clerical supplies used in the associations’ office are charged to this item.

Taxes

Federal and state: 15% tax on interest earned income in 2014.


Telephone/TV/Internet Community: The costs for telephones/TV/Internet used in the office, in the three guest suites and the guardhouse. (9 lines in all) Condo: The costs for the telephone lines for the fire alarm systems. (6 lines in all)

OPERATING EXPENSES A/C Maintenance & Repair

Community: The cost to repair and maintain the A/C units in the clubhouse (5) and the guard house (1). This includes the annual preventive maintenance. Condo: The cost to repair and maintain the A/C units in the lobbies and garages (24). This includes the annual preventive maintenance.

Building Maintenance Supplies and Repairs This includes materials, parts, paint, light bulbs, fixtures, wood and general items for completing routine maintenance requests. Also included is the outside contractors needed from time to time such as a plumber, electrician and others as needed. Community: In 2014 the pumps were replaced in the lift station (cost $11,969). $3,925.22 was charged to this line item and $8,043.78 was from the Capital Contribution Fund. The lock to the north dune crossover was also charged to this line item (cost $2,967.94)

Elevator Service/Repair/Permit

Contract with ThyssenKrupp Elevator provides monthly maintenance service and callouts during normal working hours. The annual price has gone down due to renegotiated contracts with ThyssenKrupp. The cost of state permits and annual inspections are also included in this category.

Fire Equipment

Annual fire extinguisher check and tag by Fire Equipment Services. The contract with Simplex Grinnell is for fire sprinkler inspection, fire alarm inspection, monitoring the system, the back flow annual inspection. It also includes repairs to the camera equipment contracted by Star Communications. As the property ages, more of the equipment will need to be repaired and replaced. In 2015, the fire back flows will be pressure tested and some need to be rebuilt.

Fountains

The cost to maintain the fountains located in front of the six condominium buildings.

Tele Entry Repairs

This includes the cost to repair the condominium tele-entry phones and the cost for replacement/repairs to the prox-lock system.


Maintenance/Housekeeping Payroll This includes the costs for two full time maintenance men and a full time cleaning person. This cost is also pro rated between the three associations.

Health Insurance

This includes the cost for health and dental insurance for the two maintenance people.

Payroll Tax/Administrative Expenses

This includes social security, state & federal unemployment, employer liability insurance, workers compensation and the costs for employee leasing services.

Pest Control

Cabana & Community: Includes the cost for monthly pest control serviced by Tru Green and monthly rodent baiting. Condo: Includes the cost for condo interiors serviced by Home Team, and the cost for exterior common area pest control serviced by Terminex. This also includes monthly rodent baiting.

LANDSCAPE/GROUNDS EXPENSES

Dune Control

Coast to Coast Landscaping trims the dunes twice a year.

Irrigation Supplies & Repairs Parts for the irrigation system, repairs of timers, sprinkler heads and fittings. This also includes an outside contractor when needed. We also get contractor costs for these supplies. The discounts range from 25% to 50%.

Landscape Maintenance Contract The contract is with Coast to Coast Landscaping. Maintenance includes mowing, edging, weeding and trimming. Also includes the cost for Evergreen to maintain the potted plants.

Landscape Replacement

This is for flowers, plants, trees and sod replacement. Mulch

This is for 100 cubic yards of mulch for the community and 100 cubic yards for the condominium including labor.

Spraying/Fertilizer

Spraying: The contractor is Coast to Coast Pest Control. The lawn service covers 6 treatments for damaging insects, chinch bugs, sodweb worms and mole crickets. Shrub service covers 6 treatments for aphids, scale and nutrients. Fertilizer: The contract includes two granular applications a year for sod, trees and shrubs by Coast to Coast. Coast to Coast uses special blends for the palms, ixora and other specialty items.


Tree Trimming Contractor is Jimmy’s Tree Service. This is for trimming all trees. There are 248 palms on the condominium property, 228 palms on the community property and 21 palms on the cabana property.

RECREATION FACILITIES Pool & Spa Chemicals

This includes the cost for chlorine, acid, D.E. powder and sodium bicarbonate to maintain the chemical balance of pool and spa.

Pool & Spa Equipment and Repairs This includes the cost to repair motors, pumps, lights, safety equipment, heaters and timers as well as minor repairs to the deck and pool furniture.

Tennis The cost for Har-Tru and other maintenance items.

UTILITIES Electric

Community: Cost for electricity for the clubhouse, guardhouse, pool area and other common areas. Condo: Cost to air condition the lobbies and garages and lighting for the common areas. Not for individual units. Cabanas: Cost for lighting the common areas. The power is supplied by FPL

Gas Community: This includes the cost to run the gas lanterns and to heat the pool and spa. Condo: This includes the cost to run the gas lanterns. Also some of the units have gas appliances. Gas is supplied by Amerigas.

Irrigation Water This is the cost for irrigation water supplied by the City of Vero Beach.

Trash Removal

Cost is for Treasure Coast Refuse to pick up the trash 2 times a week Nov-Apr and 1 time a week May –Oct.

Water & Sewer

Community: Domestic water and sewer for the clubhouse, guest suites, guard house and swimming pool. This is supplied by the City of Vero Beach. Condo: Domestic water and sewer for all the individual units and fountains. Cabana: Domestic water and sewer for all the individual units. Water is supplied by the City of Vero Beach.


CONTROLLED ACCESS (Community Only) Gate Maintenance System

This includes the cost for repairs to the gates and gate motors.

Payroll This is the cost for 24/7 personnel in the gate house.

Security Equipment This includes the cost to maintain the surveillance equipment, inter-com and computer equipment in the gate house.

MISCELLANEOUS EXPENSE Contingency/Miscellaneous

This is for the unexpected, unpredicted costs in routine care of the property. Condo: During 2014, two large expenditures charged to this line item were:

400 south elevator hydraulic line was replaced (cost $16,900) 600 prox key re-wiring (cost $4,696)

During 2013, two large expenditures charged to this line item were:

200 south elevator hydraulic line was replaced (cost $16,453) 100 and 200 Istar control boards were replaced (cost $19,000)

All six buildings have now been replaced and updated. During 2012, three large expenditures charged to this line item were:

Attic repairs/SCS Construction (cost $10,051) Wood repairs to the buildings/SCS Construction (cost $62,061) Defibrillators for each lobby (cost $6,030)

Community:

During 2014, two large expenditures charged to this line item were: 500/600 dune crossover prox key re-wiring (cost $1,566) Lightning Strike deductible (cost $5,000)

% of 2012 Year End Operating Surplus

An accumulation of surplus funds from prior years used to off-set the operating budget. THIS IS NOT A BUDGET LINE ITEM FOR 2015.

Reserves for Deferred Maintenance Reserves are required by law unless owners vote annually not to collect these funds. Reserves must be calculated for painting, paving, roofing and all other major items that would cost more than $10,000 to replace. Community: The budget includes roof replacement for the clubhouse and guardhouse, exterior clubhouse painting and replacement of five air conditioners for the clubhouse and one air conditioner for the guardhouse. We also have a reserve for recreational expenses. This includes items such as:


Brick Pavers o In 2013, the brick pavers were leveled. (Cost 5,620)

Swimming Pool & Spa o Recoating

In 2010, the pool was resurfaced. In 2008 the spa was resurfaced.

o Heaters & Pumps In 2014, replaced all solar panels (at no cost)

3Charged only for labor (Cost $2,400) In 2012, the spa heater was replaced. (Cost $3,600) In 2011, the spa pump was replaced. (Cost $1,100)

o Pool Furniture Clubhouse

o Exercise Equipment o Carpet o Furniture o Painting

In 2012, the interior of the clubhouse was painted. (Cost $8,800) Tennis

o Resurfacing Courts o Wind Screens o Court Surfacing Machine o Fencing

In 2011, the fence was repaired. (Cost $1,759) Putting Green Carpeting

In 2012, the office carpet was replaced. Construction Entrance

In 2011, pavers were installed on the construction road. (Cost $2,500) Guest Suites

o Carpet, Window Coverings, Décor In 2014, the marble floors, counters and showers were all honed & cleaned (Cost $5085) and all three suites were painted (Cost $3050) In 2012, we replaced all carpeting, drapes in the Antigua and Barbuda and made miscellaneous updates.

Dune Crossovers In 2014, extended the 500/600 crossover (cost $3390) In 2012, new deck boards were installed and the 500/600 crossover was extended. (Cost $14,429) Condominium: The association budgets for exterior building painting and replacement of the common area air conditioners (24 total). We have replaced all condensers and 22 air handlers. It is proposed to add elevators to the reserves. Six of the twelve elevator hydraulic lines have been replaced. The original lines run underground and cannot be repaired. When replaced, they run above ground through the garages. Each hydraulic line is approximately $16,900 to replace. Cabana: The association budgets for roof replacement and exterior painting.

First

Flo

or F

loor

plan

Secon

d Fl

oor F

loor

plan

Surv

ey

Carlton Home Close to Beach Access | Indian River Shores, FL

Documents

Transcript of Carlton Home Close to Beach Access | Indian River Shores, FL