Phenomenal opportunity to own the last oceanfront lot in coveted Old Riomar! This slice of paradise sits on quiet stretch of Ocean Drive where you can enjoy privacy + large accreting beach. Just a short walk or bike ride to shopping, dining, Riomar Country Club, and Quail Valley River Club. Start building right away - due diligence, permitting and plans in place for STUNNING Mediterranean masterpiece by dream team of Architectural Digest featured interior designer, renowned architect and landscape designer. Sizes approx/subj to error.
Property Details
Property Features
Listing Office:
Office Name: Dale Sorensen Real Estate Inc.
Office Phone: (772) 559-1359
Listing Agent: Cathy Curley
Exterior Features
Exterior Information:
Waterfront: Ocean Access, Ocean Front, Beach
View: Ocean
Lot Features
Lot Information:
Lot: Waterfront
Lot Size: 0.65 Acres
Other
Directions Information:
Directions: From A1A & 17th Street Bridge-turn NE onto Club Drive-Turn right/East onto Seagrape Lane> Oceanfront Lot at end of the street.
Price Information
Listing Price Info
Price Summary:
List Price: $8,500,000
Tax Information:
Annual Amount: $24,648
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Vero Beach, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$42.4K
Per Month
Principal & Interest
$42.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$25.5K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Beachland Elementary School
3350 Indian River Dr E
Distance between this listing and this school1.63 miles
Public District Grades PK-5
4
/10
Vero Beach Elementary School
1770 12th St
Distance between this listing and this school3.31 miles
Public District Grades PK-5
5
/10
Citrus Elementary School
2771 4th Pl
Distance between this listing and this school4.28 miles
Public District Grades PK-5
Nearby Schools
3
/10
Oslo Middle School
480 20th Ave SW
Distance between this listing and this school4.14 miles
Public District Grades 6-8
3
/10
Gifford Middle School
4530 28th Ct
Distance between this listing and this school4.76 miles
Public District Grades 6-8
6
/10
Imagine at South Vero
6000 4th St
Distance between this listing and this school6.30 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Alternative Center for Education
1426 18th St
Distance between this listing and this school2.95 miles
Public District Grades 5-12
5
/10
Vero Beach High School
1707 16th St
Distance between this listing and this school3.19 miles
Public District Grades 9-12
7
/10
Indian River Charter High School
6055 College Ln
Distance between this listing and this school6.15 miles
The neighbors living near this home have an average income of $125,000. The most common annual income of people living in Vero Beach, FL is $200k+. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1746 Ocean Dr
What is the listing price of this property?
The listing price of 1746 Ocean Dr property is $8,500,000.
What type of property is this?
The property 1746 Ocean Dr is land located in Vero Beach, Florida, 32963.
Is this property for sale now?
Active Listing: 1746 Ocean Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $24,648 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 7, 2011 for $7,000,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1746 Ocean Dr in Vero Beach, FL and zip code 32963 in the Riomar neighborhood. This home sits on a 0.65 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $8,500,000.
While more than 10 listings in Vero Beach, FL in October 2024 were sold above asking price, there were more than 19 listings sold at asking price, and more than 65 were sold below. The number of homes for sale in Vero Beach, FL increased by 10.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 64 days, the median list price was $410,145.
From Rocket Homes Real Estate and based on county public records data.