new - 3 days on rocket

186 Ocean Way, Vero Beach, FL, 32963

$5,950,000

3 Bedrooms
3 Full Baths, 1 Partial
5,313 SqFt
$1,120/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1989
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front, Beach
ViewOcean
Private PoolYes
MLS #282681
Lot Size1.25 Acres
StatusActive

About 186 Ocean Way

Rare opportunity to redesign/build your new oceanfront estate in the family-friendly Seagrove community. With 136± ft direct ocean frontage and 1.25± acres of pristine property. This 5,313± AC SF estate with 3-bed/3.5 baths offers both upstairs and downstairs living areas, crown molding throughout, lots of natural light through banks of windows, and an abundance of storage. This fabulous property provides the perfect canvas to create your dream coastal retreat. 24-hour guard access.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1989
  • Stories: 2
  • Living Area: 5,313 SqFt

Listing Office:

  • Office Name: One Sothebys Intl Realty
  • Office Phone: (772) 713-5899
  • Listing Agent: Cindy J ODare, Richard D Boga

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Crown Molding, High Ceilings, Pantry, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Ocean Access, Ocean Front, Beach
  • View: Ocean
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 1.25 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: A1A South to Seagrove, guard will direct

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,950,000
  • Price Per SqFt: $1,120/SqFt

Tax Information:

  • Annual Amount: $28,926
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Vero Beach, FL.

Med. Sold Price

$410.1K

Med. Price/SqFt

$237

Avg. Days On Market

64

# of Sold Homes

94

186 Ocean Way vs Vero Beach

3 DAYS ON ROCKET

-61 Days

$5,950,000

+$5.5M More

$1,120/SqFt

+$883 More

KEY TAKEAWAY

This property is $5.5M more than the Median Sold Price and $883/SqFt more than other homes in Vero Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IndianRiver
  • MLS Number: #282681

Listing Office:

  • Office Name: One Sothebys Intl Realty
  • Office Phone: (772) 713-5899
  • Listing Agent: Cindy J ODare, Richard D Boga

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 3:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 29, 2005Home Sold
$1,072,500

Tax History

YEARPROP. TAXASSESSMENT
2020$28,926$1,990,371
2018$28,970$1,909,344
2017$28,848$1,870,073

History based on county public records data.

Payment Calculator

$29.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.9K

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.

Nearby Schools

school-card-donut-411871
6
/10
  • Beachland Elementary School

  • 3350 Indian River Dr E

  • 3.84 miles

  • Public District Grades PK-5

school-card-donut-411872
6
/10
  • Highlands Elementary School

  • 500 20th St SW

  • 3.91 miles

  • Public District Grades PK-5

school-card-donut-411873
4
/10
  • Vero Beach Elementary School

  • 1770 12th St

  • 4.42 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $123,239. The most common annual income of people living in Vero Beach, FL is between $100k-200k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 186 Ocean Way

What is the listing price of this property?

The listing price of 186 Ocean Way property is $5,950,000.

What type of property is this?

The property 186 Ocean Way is a house located in Vero Beach, Florida, 32963.

Is this property for sale now?

Active Listing: 186 Ocean Way 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 $28,926 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 29, 2005 for $1,072,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 186 Ocean Way has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 186 Ocean Way is 5,313 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 186 Ocean Way is 1989.
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Rocket HomesFloridaIndian River CountyVero Beach32963186 Ocean Way

This home is located at 186 Ocean Way in Vero Beach, FL and zip code 32963 in the Seagrove neighborhood. This 5,313 square foot home, which was built in 1989, sits on a 1.25 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $5,950,000.

Vero Beach, FL housing market in October 2024 saw over 10 listings sold above listed price, more than 19 sold at listed price and over 65 sold below. Between September 2024 and October 2024, Vero Beach, FL real estate market has seen increase in the number of listings by 10.1%. In October 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $410,145.

From Rocket Homes Real Estate and based on county public records data.

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