NOT LISTED FOR SALE

501 Bay Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $4,371,785 - $4,815,000

3 Beds
3 Baths
3,423 Sq Ft
$1,348/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2026

Last sale price $4,750,000 $1,388 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $26,135 / mo

40 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • Intracoastal View
  • River Front
  • Beachland Elementary School Rated A-
  • Pool
  • Wood Flooring

About This Home

As of January 2026

Meticulously maintained 3BR/3BA Riomar Bay home on cul-de-sac with peaceful Indian River Lagoon views. Enjoy the ease of living between the bridges with optional boating and a tranquil waterfront setting. A circular drive opens to a light-filled plan w/wood floors & custom millwork. The kitchen, living, and dining rooms overlook the river, while the den or flex space offers garden views. The primary suite affords privacy, a relaxing sitting area with water views, and a tranquil bath. Features include a poolside retreat with retractable awning, dock/lift, impact glass, 2015 Roof and generator.

Last Agent to Sell the Property

Melissa Talley

Premier Estate Properties Brokerage Phone: 772-234-5555 License #3139246 Listed on: 11/16/2025

Last Buyer's Agent

Gary Sutcliffe

One Sotheby's Int'l Realty License #3500199

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,927

Year Built

  • Built in 1972

Lot Details

  • 18,731 Sq Ft Lot
  • Lot Dimensions are 123x163
  • River Front
  • Cul-De-Sac
  • West Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Detached Garage

Property Views

  • Intracoastal
  • River

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 3,423 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Seawall
  • Patio
  • Awning

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Gas Water Heater

Community Details

  • Riomar Bay Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 33400500006000000012.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,927

Year Built

Built in 1972

Lot Details

0.43 Acres

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Lot Size: 123x163
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar Bay
  • Directions: Riomar Bay off A1A just south of Beachland Blvd. West on Bay Drive, home will be on the right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1972
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Crown Molding, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Living Area: 3423.0
  • Stories: 1

Exterior Features

  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front, Seawall
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Awning(s), Fence, Sprinkler/Irrigation, Patio, Propane Tank - Owned
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: N/A
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33400500006000000012.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 12927.0
  • Tax Lot: 12
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2025
Closed on
Jan 30, 2026
Sold by
Case Marilyn C and Marilyn C Case Trust
Bought by
Richard P Munson Revocable Trust and Munson
Seller's Agent
Melissa Talley
Premier Estate Properties
Buyer's Agent
Gary Sutcliffe
One Sotheby's Int'l Realty
List Price
$5,250,000
Sold Price
$4,750,000
Premium/Discount to List
-$500,000
-9.52%
Views
12
Current Estimated Value
$4,612,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,072
Avg. Annual Appreciation
-9.01%

Purchase Details

Closed on
Dec 7, 2010
Sold by
Case Douglas M and Case Marilyn C
Bought by
Case Marilyn C and Case Douglas M

Purchase Details

Closed on
Aug 24, 2010
Sold by
Case Marilyn C and Case Douglas M
Bought by
Case Douglas M and Case Marilyn C

Purchase Details

Closed on
Jul 30, 1998
Sold by
Dozier James C
Bought by
Case Marilyn C
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
Richard P Munson Revocable Trust $4,750,000 None Listed On Document
Case Marilyn C -- Attorney
Case Douglas M -- Attorney
Case Douglas M -- Attorney
Case Marilyn C $520,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 Sold $4,750,000 -9.5% $1,388 / Sq Ft
12/29/2025 12/29/25 Pending -- -- --
11/19/2025 11/19/25 For Sale $5,250,000 -- $1,534 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $13,464 $868,938 -- --
2024 $12,274 $868,938 -- --
2023 $12,274 $819,854 $0 $0
2022 $11,926 $795,975 $0 $0
2021 $11,774 $772,791 $0 $0
2020 $11,757 $762,121 $0 $0
2019 $11,797 $744,986 $0 $0
2018 $11,779 $731,095 $0 $0
2017 $11,701 $716,058 $0 $0
2016 $11,570 $701,330 $0 $0
2015 $11,856 $696,460 $0 $0
2014 $11,378 $690,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2026

    Melissa Talley

    Premier Estate Properties

    (772) 633-0407

    58 in this area

    127 Total Sales

    Melissa Talley
    Section Image

  • G

    Buyer's Agent in 2026

    Gary Sutcliffe

    One Sotheby's Int'l Realty

    (917) 418-1864

    13 in this area

    35 Total Sales

    Gary Sutcliffe
    Section Image
  • Ceci Sutcliffe

    Buyer Co-Listing Agent in 2026

    Ceci Sutcliffe

    One Sotheby's Int'l Realty

    (646) 853-6050

    3 in this area

    5 Total Sales

    Ceci Sutcliffe
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 292751

APN: 33-40-05-00006-0000-00012.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

501 Bay Dr, Vero Beach, FL

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