$15,000,000

1916 Ocean Dr Vero Beach, FL 32963

Estimated payment $90,813/month

Total Views 5,088
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

Generational opportunity to purchase one of the largest oceanfront Old Riomar estate lots 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. One of only 3 Old Riomar properties with 150’ frontage. Panoramic Atlantic views with walkable access to cafés, dining, and shops.

Listing Agent

Christine Gelman

Douglas Elliman Florida LLC Brokerage Phone: 561-723-4545 License #3239147 Listed on: 10/24/2025

Douglas Elliman Florida LLC

Co-Listing Agent

Johnny DelPrete

Douglas Elliman Florida LLC Brokerage Phone: 561-723-4545 License #3397675

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
  • Co List Office Mls Id: 1353
  • Co List Office Phone: 772-763-1500
  • 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 List to Sale Price per Sq Ft
10/24/2025 10/24/25 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: 292128

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

Florida Indian River County Vero Beach 32963

1916 Ocean Dr, Vero Beach, FL

For Sale

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Listing Agent
Christine Gelman
Section Image
Douglas Elliman Florida LLC
(772) 758-5234