$779,000
$50K PRICE DROP

1616 Ocean Dr Unit 305 Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated payment $6,093/month

Total Views 2,456
2 Beds
2 Baths
1,370 Sq Ft
$569 Price per Sq Ft

Highlights

  • Ocean Front
  • Pool
  • Bike Room
  • Beachland Elementary School Rated A-
  • Elevator
  • Balcony

About This Home

Fantastic Direct Ocean View!! This unit juts out on the building and gives an unobstructed wide view of the ocean. New HVAC in 2026 New Impact sliding door in 2024 Lo. Great location and great opportunity to buy in one of the best oceanfront buildings on South Beach. The complex is beautifully managed and has met all of their goals with great reserves and a completed milestone report. Amazing view of the ocean!! Located on the best and largest beach in Vero Beach. Walk to town and great restaurants in the neighborhood. It is *Between the Bridges*!

Listing Agent

Patty King Rennick

Rennick Real Estate Brokerage Phone: 772-562-5015 License #3030623 Listed on: 03/31/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,939

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $1,045 Monthly HOA Fees

Interior Spaces

  • 1,370 Sq Ft Home
  • Partially Furnished
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • Uncovered Parking
  • Assigned Parking

Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33400500025161600305.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, reserve fund, sewer, trash, water
  • Elliot Merrill Association
  • Sea Cove Subdivision
  • 5-Story Property

Amenities

  • Trash Chute
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,939

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$1,045 per month

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: Sea Cove
  • Directions: 17th Street bridge to Ocean Drive, Turn Right, Second building on the right
  • Architectural Style: Multi-Level
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Year Built: 1982
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-562-5015
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Flooring: Tile
  • Living Area: 1370.0
  • Stories: 5

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: No Smoking
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Other

Garage/Parking

  • Parking Features: Assigned, Uncovered

Utilities

  • Laundry Features: In Unit
  • Security: Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Bicycle Storage, Elevator, Storage Facilities, Trash Chute, Pool
  • Amenities: Dues Paid Monthly
  • Association Fee: 1045.17
  • Association Fee Frequency: Monthly
  • Association Name: Elliot Merrill
  • Pets Allowed: No, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Sewer, Trash, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33400500025161600305.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 9939.0
  • Tax Lot: 0
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,939 $690,895 -- $690,895
2024 $8,757 $690,895 -- $690,895
2023 $8,757 $473,439 $0 $0
2022 $7,436 $534,087 $0 $534,087
2021 $6,317 $391,272 $0 $391,272
2020 $6,397 $391,272 $0 $391,272
2019 $6,445 $383,600 $0 $383,600
2018 $6,560 $383,600 $0 $383,600
2017 $7,033 $464,100 $0 $0
2016 $5,819 $331,500 $0 $0
2015 $6,002 $331,500 $0 $0
2014 $5,284 $301,670 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2026 05/19/26 Price Changed $779,000 -6.0% $569 / Sq Ft
04/17/2026 04/17/26 For Sale $829,000 -- $605 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer $195,000 Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 296210

APN: 33-40-05-00025-1616-00305.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

1616 Ocean Dr Unit 305, Vero Beach, FL

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Rennick Real Estate
(772) 666-4930
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