$6,900,000

512 River Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated payment $38,889/month

Total Views 9,643
0.55 Acre
$12,545,455 Price per Acre
23,958 Sq Ft Lot

Highlights

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

About This Lot

In the prestigious enclave of Riomar Bay, this 0.55± acre riverfront property features 135± feet of river frontage, perfectly positioned to capture the refreshing southeastern breeze. This parcel offers an unparalleled opportunity to create your dream waterfront retreat. For those seeking an extraordinary estate, combine this parcel w/ the adjacent lot at 510 River Drive to establish a legacy riverfront compound spanning 2.18 acres with 594 feet of frontage. A one-of-a-kind offering without equal. 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

  • $34,136

Lot Details

  • 0.55 Acre Lot
  • River Front
  • Few Trees
  • Additional Land

Property Views

  • Intracoastal
  • River

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 33400500006000000040.0

Community Details

Overview

  • Riomar Bay Subdivision

Recreation

  • Access To Intracoastal Waterway
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$34,136

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.55
  • 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: Additional Land Available, 1/2 to 1 Acre Lot, Few Trees
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front, Seawall
  • 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: 23958.0
  • Number Of Lots: 1
  • Parcel #: 33400500006000000040.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 34136.0
  • Tax Block: 0
  • Tax Lot: 40
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
2025 $25,376 $1,778,869 $1,778,869 --
2024 $32,043 $2,352,950 $1,577,012 $775,938
2023 $32,043 $1,850,828 $0 $0
2022 $27,524 $1,876,767 $1,329,107 $547,660
2021 $24,434 $1,529,610 $1,107,589 $422,021
2020 $24,557 $1,516,583 $1,107,589 $408,994
2019 $24,466 $1,516,648 $1,107,589 $409,059
2018 $23,513 $1,503,216 $1,107,589 $395,627
2017 $20,489 $1,189,079 $0 $0
2016 $20,690 $1,188,580 $0 $0
2015 $20,117 $1,119,760 $0 $0
2014 $19,089 $1,097,800 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 For Sale $6,900,000 -- --
Source: REALTORS® Association of Indian River County

Source: REALTORS® Association of Indian River County

MLS Number: 286055

APN: 33-40-05-00006-0000-00040.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

512 River Dr, Vero Beach, FL

For Sale

Lots

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Cindy O'Dare
Listing Agent
Cindy O'Dare
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One Sotheby's Int'l Realty
(772) 356-0298