$5,499,000

166 Ocean Way Vero Beach, FL 32963

South Beach Neighborhood

Estimated payment $33,381/month

Total Views 9,558
4 Beds
5.5 Baths
4,259 Sq Ft
$1,291 Price per Sq Ft

Highlights

  • Ocean Front
  • Gated with Attendant
  • 1.14 Acre Lot
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • Viking Appliances

About This Home

Experience over 4,000 sq/ft of oceanfront living in the highly sought-after Seagrove Community. This 4 Bed, 5 Bath courtyard pool home with separate guest quarters, offers 120 ft of ocean frontage & private beach access. The home includes a spacious 3,500 sq/ft basement (A/C & full bath) with a three-car garage. Fully renovated in 2016, the home offers a gourmet kitchen with marble countertops & Viking appliances, beautiful hardwood floors, custom built-ins, & impact windows. Enjoy stunning views from the living area, oceanside patio, & screened-in porch—ideal coastal living at its finest.

Listing Agent

Cheryl Gerstner

Alex MacWilliam, Inc. Brokerage Phone: 772-231-6509 License #0303199 Listed on: 04/18/2025

Alex MacWilliam, Inc.

Co-Listing Agent

Katharine Fields

Alex MacWilliam, Inc. Brokerage Phone: 772-231-6509 License #3343348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,097

Year Built

  • Built in 1987

Lot Details

  • 1.14 Acre Lot
  • Lot Dimensions are 120x409
  • Ocean Front
  • West Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Paver Block

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 4,259 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Sliding Windows
  • French Doors
  • Sliding Doors
  • Ocean Views
  • Basement

Kitchen

  • Built-In Oven
  • Down Draft Cooktop
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Viking Appliances
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Saltwater Pool
  • Fence Around Pool
  • Screen Enclosure

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Power Generator
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 33401600012001100005.0

Community Details

Overview

  • Association fees include common areas, security
  • Ar Choice Association
  • Seagrove Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,097

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 1.14
  • Lot Size: 120x409
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0013
  • Co List Office Phone: 772-231-6509
  • Ownership: Single Family/Other
  • Subdivision Name: Seagrove
  • Directions: Seagrove East to Ocean Way.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1987
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-6509
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Down Draft, Dryer, Dishwasher, Electric Water Heater, Freezer, Disposal, Range, Refrigerator, Wine Cooler, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 4259.0
  • Stories: 1
  • Window Features: Blinds, Sliding

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Fenced, Electric Heat, Heated, Pool, Private, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Frame, Concrete
  • Direction Faces: West
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation, Patio, Rain Gutters, Propane Tank - Owned
  • Patio And Porch Features: Patio, Porch, Screened
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Three Car Garage, Garage Door Opener, Paver Block, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Security System Owned, Closed Circuit Camera(s), Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutter(s)
  • Association Fee: 245.0
  • Association Name: AR Choice
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33401600012001100005.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 52097.0
  • Tax Lot: 5
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $48,818 $3,687,722 $2,024,007 $1,663,715
2023 $48,818 $3,398,817 $0 $0
2022 $43,487 $3,089,833 $1,943,387 $1,146,446
2021 $27,915 $1,950,266 $0 $0
2020 $27,937 $1,923,340 $0 $0
2019 $28,131 $1,880,098 $0 $0
2018 $27,978 $1,845,042 $0 $0
2017 $27,837 $1,805,628 $0 $0
2016 $27,569 $1,768,490 $0 $0
2015 $29,528 $1,814,060 $0 $0
2014 $27,101 $1,685,090 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $5,499,000 +69.7% $1,291 / Sq Ft
02/22/2021 02/22/21 Sold $3,240,000 -6.1% $635 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
10/05/2020 10/05/20 For Sale $3,450,000 +76.9% $676 / Sq Ft
09/04/2014 09/04/14 Sold $1,950,000 -13.3% $456 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
05/21/2012 05/21/12 For Sale $2,250,000 -- $526 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,240,000 Supreme Title Solutions Llc
Warranty Deed $1,950,000 Attorney
Warranty Deed $1,700,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Amount Keyed Is An Aggregate Amount
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 287276

APN: 33-40-16-00012-0011-00005.0

Florida Indian River County Vero Beach 32963 South Beach

166 Ocean Way, Vero Beach, FL

This home is located at 166 Ocean Way, Vero Beach, FL 32963 and is currently priced at $5,499,000, approximately $1,291 per square foot. This property was built in 1987. 166 Ocean Way is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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Listing Agent
Cheryl Gerstner
Section Image
Alex MacWilliam, Inc.
(772) 539-2100