$4,500,000
SOLD MAR 20, 2026

512 River Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood
0.55 Acre
$8,181,818 Price per Acre
23,958 Sq Ft Lot

Sale Details

Date Sold: March 20, 2026

$1,638 Per Sq Ft

35% Below List Price

367 Days on Market

Highlights

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

About This Lot

As of March 2026

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.

Last Agent to Sell the Property

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

Last Buyer's Agent

Dan Downey

One Sotheby's Int'l Realty License #3069731

One Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,136

Lot Details

  • 23,958 Sq Ft 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

0.55 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.55
  • Road Surface Type: Paved
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Mar 17, 2026
Sold by
Edmonds Andrew
Bought by
Brienza John and Brienza Robin D
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
Buyer's Agent
Dan Downey
One Sotheby's Int'l Realty
List Price
$6,900,000
Sold Price
$4,500,000
Premium/Discount to List
-$2,400,000
-34.78%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-52.62%
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

Date Type Sale Price Title Company
Personal Reps Deed $4,500,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 Sold $4,500,000 -34.8% $1,638 / Sq Ft
03/06/2026 03/06/26 Pending -- -- --
03/04/2025 03/04/25 For Sale $6,900,000 -- $2,511 / 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 $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

Agents Affiliated with this Home

  • Cindy O'Dare

    Seller's Agent in 2026

    Cindy O'Dare

    One Sotheby's Int'l Realty

    (772) 321-7738

    104 in this area

    271 Total Sales

    Cindy O'Dare
    Section Image
  • Dan Downey

    Buyer's Agent in 2026

    Dan Downey

    One Sotheby's Int'l Realty

    (772) 713-6314

    42 in this area

    77 Total Sales

    Dan Downey
    Section Image
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Map

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

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