
518 River Dr Vero Beach, FL 32963
Highlights
- Home fronts navigable water
- Access To Intracoastal Waterway
- River View
- Beachland Elementary School Rated A-
- Outdoor Pool
- Wood Flooring
About This Home
As of October 2024Experience waterfront living in this beautifully renovated Riomar Bay home, poised on over a half acre. Updated in 2018-2019, it features new wood floors, impact windows, a modern island kitchen with quartz countertops, a gas fireplace in the living room, and a primary bedroom with water views. Picturesque setting from the covered lanai overlooking the pool and the water. Electric heated pool, full-house generator, fence and a new dock with lift, floating dock, and seawall. Effective year built 1992. Sizes approx./Subj. to error.
Last Agent to Sell the Property
Dale Sorensen Real Estate Inc. Brokerage Phone: 772-231-4712 License #0316531 Listed on: 07/25/2024

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,232
Year Built
- Built in 1981
Lot Details
- Lot Dimensions are 128x232
- Home fronts navigable water
- River Front
- West Facing Home
- Fenced
- Sprinkler System
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Property Views
- River
- Pool
Home Design
- Tile Roof
- Stucco
Interior Spaces
- 2,582 Sq Ft Home
- 1-Story Property
- Crown Molding
- 1 Fireplace
- Blinds
- Sliding Doors
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Pool
- Outdoor Pool
- Heated Pool
Outdoor Features
- Access To Intracoastal Waterway
- Seawall
- Enclosed patio or porch
Utilities
- Central Heating and Cooling System
- Power Generator
- Electric Water Heater
Community Details
- Riomar Bay Subdivision
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number 33400500006000000043.0
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Similar Homes in Vero Beach, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $4,495,000 | Supreme Title Solutions | |
Warranty Deed | $2,100,000 | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,550,000 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/29/2025 01/29/25 | Price Changed | $12,000 | -40.0% | $5 / Sq Ft |
10/30/2024 10/30/24 | For Rent | $20,000 | 0.0% | -- |
10/22/2024 10/22/24 | Sold | $4,495,000 | 0.0% | $1,741 / Sq Ft |
07/25/2024 07/25/24 | For Sale | $4,495,000 | +114.0% | $1,741 / Sq Ft |
05/17/2018 05/17/18 | Sold | $2,100,000 | -6.7% | $813 / Sq Ft |
05/17/2018 05/17/18 | For Sale | $2,250,000 | -- | $871 / Sq Ft |
Tax History Compared to Growth
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 | $21,232 | $2,317,203 | $1,766,140 | $551,063 |
2023 | $21,232 | $1,396,377 | $0 | $0 |
2022 | $20,643 | $1,355,705 | $0 | $0 |
2021 | $20,407 | $1,316,218 | $0 | $0 |
2020 | $20,391 | $1,298,045 | $0 | $0 |
2019 | $20,324 | $1,259,730 | $0 | $0 |
2018 | $21,919 | $1,431,101 | $1,177,427 | $253,674 |
2017 | $18,783 | $1,089,562 | $0 | $0 |
2016 | $18,860 | $1,082,940 | $0 | $0 |
2015 | $18,549 | $1,032,010 | $0 | $0 |
2014 | $17,711 | $1,018,210 | $0 | $0 |
Agents Affiliated with this Home
-
H
Seller's Agent in 2024
Heather Delamarter
Berkshire Hathaway Florida
(772) 321-3056
1 Total Sale
-
Seller's Agent in 2024
Matilde Sorensen
Dale Sorensen Real Estate Inc.
(772) 532-0010
258 Total Sales
-
Buyer's Agent in 2024
Cathy Curley
Dale Sorensen Real Estate Inc.
(772) 559-1359
74 Total Sales
Map
Source: REALTORS® Association of Indian River County
MLS Number: 280742
APN: 33-40-05-00006-0000-00043.0
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