$15,000,000

1916 Ocean Dr Vero Beach, FL 32963

Estimated payment $91,282/month

Total Views 2,141
6 Beds
7.5 Baths
5,219 Sq Ft
$2,874 Price per Sq Ft

Highlights

  • Ocean Front
  • Cabana
  • Deck
  • Beachland Elementary School Rated A-
  • 2.44 Acre Lot
  • Marble Flooring

About This Home

Legacy Old Riomar estate on nearly 2.5 acres with 150’ of oceanfront, accreting beach, and private dune walkover. Renovated 5,200± SF single-story home offers 6BR, including a 1BR/1BA guest cottage: gourmet kitchen, updated baths, and a 50’x20’ pool with new deck. Rare chance—enjoy it now or rebuild your dream estate. One of only 3 Old Riomar properties with 150’ frontage. Panoramic Atlantic views with walkable access to cafes, dining, and shops. Sizes approx./subject to error.

Listing Agent

Christine Gelman

Douglas Elliman Florida LLC Brokerage Phone: 561-723-4545 License #3239147 Listed on: 09/09/2025

Douglas Elliman Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $141,056

Year Built

  • Built in 1982

Lot Details

  • 2.44 Acre Lot
  • Lot Dimensions are 150x710
  • Ocean Front
  • West Facing Home
  • Sprinkler System

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Pool

Home Design

  • Tile Roof

Interior Spaces

  • 5,219 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • 1 Fireplace

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Concrete
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Cabana
  • Outdoor Shower
  • Free Form Pool

Outdoor Features

  • Property has ocean access
  • Deck
  • Patio

Utilities

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

Community Details

  • Riomar Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 33400500003007000014.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$141,056

Year Built

Built in 1982

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 2.44
  • Lot Size: 150x710
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar
  • Directions: From Club Drive, head east on Greenway. Greenway becomes Ocean Drive. Turn right onto Ocean Drive. The home is on the east (left) side.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1982
  • Property Sub Type Additional: Detached
  • Attribution Contact: 561-723-4545
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Marble, Tile
  • Interior Amenities: Crown Molding, High Ceilings, Kitchen Island, Walk-In Closet(s)
  • Living Area: 5219.0
  • Stories: 1

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Free Form, Other, Pool
  • View: Pool, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Deck, Sprinkler/Irrigation, Outdoor Shower, Patio
  • Other Structures: Cabana
  • Patio And Porch Features: Deck, Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33400500003007000014.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 141056.0
  • Tax Lot: 14
  • 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 $32,873 $8,911,959 $5,525,213 $3,386,746
2023 $32,873 $2,140,773 $0 $0
2022 $32,038 $2,078,420 $0 $0
2021 $31,689 $2,017,884 $0 $0
2020 $31,664 $1,990,024 $0 $0
2019 $31,801 $1,945,283 $0 $0
2018 $31,770 $1,909,012 $0 $0
2017 $31,583 $1,869,747 $0 $0
2016 $31,245 $1,831,290 $0 $0
2015 $32,016 $1,818,570 $0 $0
2014 $30,734 $1,804,140 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $15,000,000 0.0% $2,874 / Sq Ft
01/31/2025 01/31/25 Price Changed $50,000 -16.7% $9 / Sq Ft
12/13/2024 12/13/24 Price Changed $60,000 +20.0% $11 / Sq Ft
09/13/2024 09/13/24 For Rent $50,000 -- --
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $9,700,000 --
Warranty Deed $1,400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,000,000 Construction
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 289504

APN: 33-40-05-00003-0070-00014.0

Florida Indian River County Vero Beach 32963

1916 Ocean Dr, Vero Beach, FL

This home is located at 1916 Ocean Dr, Vero Beach, FL 32963 and is currently priced at $15,000,000, approximately $2,874 per square foot. This property was built in 1982. 1916 Ocean Dr 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
Christine Gelman
Section Image
Douglas Elliman Florida LLC
(772) 280-4313