$12,900,000

510 River Dr Vero Beach, FL 32963

Estimated payment $82,243/month

Total Views 6,297
1.66 Acres
$7,771,084 Price per Acre
72,310 Sq Ft Lot

Highlights

  • Access To Intracoastal Waterway
  • Intracoastal View
  • Additional Land
  • Beachland Elementary School Rated A-
  • River Front

About This Lot

On the largest lot in prestigious Riomar Bay, this 1.66-acre riverfront parcel is a one-of-a-kind opportunity to create a custom waterfront estate. With over 462 feet of prime river frontage & breathtaking southern exposure w/ long water views, this exceptional property is ready for a new vision. For those seeking a truly unparalleled legacy estate, combine this lot w/ the adjacent parcel at 512 River Drive to create a 2.18-acre compound w/ an incredible 594± feet of river frontage, a rare offering. Golf cart/walk to town, restaurants, beaches, farmer’s market, and Quail Valley River Club.

Listing Agent

Cindy O'Dare

One Sotheby's Int'l Realty Brokerage Phone: 772-713-5899 License #0326961 Listed on: 03/04/2025

One Sotheby's Int'l Realty

Co-Listing Agent

Richard Boga

One Sotheby's Int'l Realty Brokerage Phone: 772-713-5899 License #3202494

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $129,510

Lot Details

  • 1.66 Acre Lot
  • Lot Dimensions are 462x235
  • River Front
  • Few Trees
  • Additional Land

Property Views

  • Intracoastal
  • River

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 33400500006000000039.0

Community Details

Overview

  • Riomar Bay Subdivision

Recreation

  • Access To Intracoastal Waterway

Property Details

Property Type

Land

Est. Annual Taxes

$129,510

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.66
  • Lot Size: 462X235
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0225
  • Co List Office Phone: 772-492-1002
  • Subdivision Name: Riomar Bay
  • Directions: A1A to Riomar Bay, left onto River Drive
  • Attribution Contact: 772-713-5899
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1-3 Acres, Additional Land Available, Split Possible, Few Trees
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front
  • Waterfront: Yes

Utilities

  • Sewer: Connected
  • Utilities: Cable Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Curbs, Other, Storm Drain(s)
  • Association Name: N/A

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 72309.0
  • Number Of Lots: 1
  • Parcel #: 33400500006000000039.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 129510.0
  • Tax Block: 0
  • Tax Lot: 39
  • 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 $25,060 $8,229,953 $6,883,874 $1,346,079
2023 $25,060 $1,642,618 $0 $0
2022 $24,367 $1,594,775 $0 $0
2021 $24,094 $1,548,325 $0 $0
2020 $24,079 $1,526,948 $0 $0
2019 $24,182 $1,492,618 $0 $0
2018 $24,158 $1,464,787 $0 $0
2017 $24,017 $1,434,659 $0 $0
2016 $23,761 $1,405,150 $0 $0
2015 $24,349 $1,395,390 $0 $0
2014 $23,384 $1,384,320 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 For Sale $12,900,000 -- --
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $460,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $540,000 New Conventional
Source: Public Records

Source: REALTORS® Association of Indian River County

MLS Number: 286051

APN: 33-40-05-00006-0000-00039.0