NOT LISTED FOR SALE

501 River Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $5,062,017 - $6,029,000

3 Beds
3.5 Baths
4,210 Sq Ft
$1,287/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $5,900,000 $1,401 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $34,936/month

16 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Free Form Pool
  • Beachland Elementary School Rated A-
  • Intracoastal View
  • Vaulted Ceiling

About This Home

As of May 2024

Bring your boat! This 2020 built waterfront residence, w/ 4BD/3+BA has quick access to the intracoastal. Features include Lutron Lighting inside and out, custom window treatments, coffered ceiling, wainscoting throughout, marble & wood floors, and so much more. The state-of-the-art island kitchen with top-tier appliances, gas cooktop and wet bar is any chef's dream. The home's outdoor living area boasts a gas-heated salt-water pool and spa, firepits, and dock. Oversized 2 car garage + golf cart garage. Walk, ride your bike or take your golf cart to all of Vero's shops, restaurants and beaches.

Last Agent to Sell the Property

Elizabeth Livers

Berkshire Hathaway Florida License #678499 Listed on: 02/27/2024

Last Buyer's Agent

Elizabeth Livers

Berkshire Hathaway Florida License #678499 Listed on: 02/27/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,966

Year Built

  • Built in 2020

Lot Details

  • 0.42 Acre Lot
  • Home fronts navigable water
  • South Facing Home

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • Intracoastal
  • Pool

Home Design

  • Flat Roof Shape

Interior Spaces

  • 4,210 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Fire and Smoke Detector

Kitchen

  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Free Form Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Replat Of Riomar Bay Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33400500006000000033.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,966

Year Built

Built in 2020

Lot Details

0.42 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Beachland Blvd to A1A South. Right into Riomar Bay. Left on River Drive. Follow around to 501, home is on the Right.
  • Year Built: 2020
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Bathtub, Cathedral Ceiling(s), Dual Sinks, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Private Spa: Yes
  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Living Area: 4210.0
  • Stories: 1

Exterior Features

  • Exterior Features: Built-in Barbecue, Barbecue, Lighting, Outdoor Living Area, Outdoor Shower
  • View: Intercoastal, Pool
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Free Form, Heated, Other, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, Ocean Access, River Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Golf Cart Garage

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 33400500006000000033.0
  • Lot Size Acres: 0.42
  • Lot Size: 150.0 ft x 122.0 ft
  • Lot Size Sq Ft: 18295.2
  • Mobile Dim Units: Feet
  • Zoning: R-1AA

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 56965.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
May 6, 2024
Sold by
Puopolo Kevin G and Puopolo Margaret A
Bought by
Brad Mitchel Gordon Trust and Melissa Keith Gordon Trust
Seller's Agent
Elizabeth Livers
Berkshire Hathaway Florida
Buyer's Agent
Elizabeth Livers
Berkshire Hathaway Florida
List Price
$6,250,000
Sold Price
$5,900,000
Premium/Discount to List
-$350,000
-5.6%
Views
53
Current Estimated Value
$5,417,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$482,496
Avg. Annual Appreciation
-4.48%

Purchase Details

Listed on
Feb 22, 2023
Closed on
May 12, 2023
Sold by
Demuth Donald F and Demuth Victoria L
Bought by
Puopolo Kevin G and Puopolo Margaret A
Seller's Agent
Cindy O'Dare
One Sotheby's International Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$5,450,000
Sold Price
$5,450,000
Views
149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Listed on
May 12, 2020
Closed on
Aug 20, 2020
Sold by
Beach Road Associates Llc
Bought by
Demuth Donald F and Demuth Victoria L
Seller's Agent
Cliff Glansen
FlatFee.com Inc
Buyer's Agent
Dan Downey
One Sotheby's Int'l Realty
List Price
$4,375,000
Sold Price
$4,100,000
Premium/Discount to List
-$275,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$3,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Mar 22, 2018
Sold by
Evercore Tr Co N A
Bought by
Beach Rd Asset Llc
Seller's Agent
Jane Schwiering
Premier Estate Properties
Buyer's Agent
Sally Daley
Douglas Elliman Florida LLC
List Price
$1,750,000
Sold Price
$1,200,000
Premium/Discount to List
-$550,000
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.15%

Purchase Details

Closed on
Sep 7, 2016
Sold by
Wonham Frederick S
Bought by
Wonham Frederick S and Evercore Trust Company Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brad Mitchel Gordon Trust $5,900,000 None Listed On Document
Puopolo Kevin G $5,450,000 None Listed On Document
Demuth Donald F $4,100,000 None Available
Beach Rd Asset Llc $600,000 Attorney
Beach Rd Asset Llc $600,000 Attorney
Wonham Frederick S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demuth Donald F $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2024 05/06/24 Sold $5,900,000 -5.6% $1,401 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $6,250,000 +14.7% $1,485 / Sq Ft
05/12/2023 05/12/23 Sold $5,450,000 0.0% $1,345 / Sq Ft View Prior Sale
05/12/2023 05/12/23 Sold $5,450,000 0.0% $1,295 / Sq Ft View Prior Sale
04/12/2023 04/12/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $5,450,000 0.0% $1,295 / Sq Ft
02/22/2023 02/22/23 For Sale $5,450,000 -12.8% $1,345 / Sq Ft
01/03/2023 01/03/23 For Sale $6,250,000 +52.4% $1,485 / Sq Ft
08/20/2020 08/20/20 Sold $4,100,000 -6.3% $974 / Sq Ft View Prior Sale
07/21/2020 07/21/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $4,375,000 +264.6% $1,039 / Sq Ft
03/22/2018 03/22/18 Sold $1,200,000 -31.4% $348 / Sq Ft View Prior Sale
02/20/2018 02/20/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $1,750,000 -- $507 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $80,974 $5,078,774 $1,673,432 $3,405,342
2024 $56,966 $4,716,164 $1,483,539 $3,232,625
2023 $56,966 $6,042,004 $1,483,539 $4,558,465
2022 $55,411 $3,588,376 $0 $0
2021 $54,841 $3,483,860 $989,026 $2,494,834
2020 $17,637 $1,079,240 $989,026 $90,214
2019 $18,138 $1,080,390 $989,026 $91,364
2018 $12,523 $768,299 $0 $0
2017 $12,435 $752,497 $0 $0
2016 $12,290 $737,020 $0 $0
2015 $12,593 $731,900 $0 $0
2014 $12,067 $726,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Elizabeth Livers

    Berkshire Hathaway Florida

  • Cindy O'Dare

    Seller's Agent in 2023

    Cindy O'Dare

    One Sotheby's International Realty

    (772) 321-7738

    97 in this area

    258 Total Sales

    Cindy O'Dare
    Section Image
  • Dan Downey

    Seller's Agent in 2023

    Dan Downey

    One Sotheby's Int'l Realty

    (772) 713-6314

    40 in this area

    78 Total Sales

    Dan Downey
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

    NON MEMBER FIRM

  • Beth Livers

    Buyer's Agent in 2023

    Beth Livers

    Berkshire Hathaway Florida

    (772) 559-6958

    48 in this area

    121 Total Sales

    Beth Livers
    Section Image
  • Cliff Glansen

    Seller's Agent in 2020

    Cliff Glansen

    FlatFee.com Inc

    (954) 965-3990

    10 in this area

    4,930 Total Sales

    Cliff Glansen
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10963412

BeachesMLS (Greater Fort Lauderdale)

APN: 33-40-05-00006-0000-00033.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

501 River Dr, Vero Beach, FL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.