116 Ocean Way Vero Beach, FL 32963
Estimated payment $32,381/month
Highlights
- 120 Feet of Waterfront
- Property has ocean access
- Active Adult
- Ocean View
- Private Pool
- Gated Community
About This Home
Turnkey oceanfront estate in the prestigious guard-gated community of Seagrove. Renovated by Croom Construction in 2012 with lifetime raised aluminum roof, impact glass, and electric storm shutters. Featuring 120 ft of private beachfront, floor-to-ceiling windows, and an open concept layout ideal for entertaining. Two elegant primary suites and sunlit living spaces create a seamless indoor-outdoor flow. Minutes from Vero’s upscale dining, boutique shopping, and cultural venues. A rare opportunity to own a refined coastal retreat in one of Vero Beach’s most sought-after enclaves. Move-in ready and meticulously maintained, with lush tropical landscaping, generous outdoor living spaces, and timeless architectural charm.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $47,450
Year Built
- Built in 1988
Lot Details
- 120 Feet of Waterfront
- East Facing Home
HOA Fees
- $245 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Entry on the 1st floor
- Frame Construction
- Aluminum Roof
- Wood Siding
Interior Spaces
- 4,300 Sq Ft Home
- 2-Story Property
- Furnished
- Fireplace
- French Doors
- Combination Dining and Living Room
- Ocean Views
- Eat-In Kitchen
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Split Bedroom Floorplan
- Dual Sinks
Outdoor Features
- Private Pool
- Property has ocean access
- Open Patio
Schools
- Beachland Elementary School
- Oslo Middle School
- Vero Beach High School
Utilities
- Cooling Available
- Central Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 33401600013001100010.0
Community Details
Overview
- Active Adult
- Seagrove Subdivision
Recreation
- Community Pool
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $50,474 | $3,566,452 | $1,972,639 | $1,593,813 |
| 2024 | $45,841 | $3,341,236 | $1,827,147 | $1,514,089 |
| 2023 | $45,841 | $3,267,068 | $0 | $0 |
| 2022 | $41,901 | $2,985,669 | $1,754,402 | $1,231,267 |
| 2021 | $39,384 | $2,700,057 | $1,754,402 | $945,655 |
| 2020 | $39,546 | $2,670,677 | $1,754,402 | $916,275 |
| 2019 | $45,758 | $3,068,133 | $2,151,639 | $916,494 |
| 2018 | $43,998 | $3,045,697 | $2,151,639 | $894,058 |
| 2017 | $40,700 | $2,763,764 | $0 | $0 |
| 2016 | $39,706 | $2,808,530 | $0 | $0 |
| 2015 | $33,548 | $2,019,430 | $0 | $0 |
| 2014 | $30,447 | $1,879,840 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | Price Changed | $5,395,000 | -6.9% | $1,255 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $5,795,000 | -- | $1,348 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | -- | Union Title Services Inc | |
| Warranty Deed | $1,800,000 | -- | |
| Warranty Deed | $940,000 | -- | |
| Warranty Deed | $875,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,260,000 | No Value Available | |
| Previous Owner | $600,000 | No Value Available |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10509733
APN: 33-40-16-00013-0011-00010.0
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