new - 3 days on rocket

510 River Dr, Vero Beach, FL, 32963

$12,900,000

3 Bedrooms
2 Full Baths, 2 Partial
6,245 SqFt
$2,066/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Garage Door Opener
Attached Garage3 spaces
Year Built1962
HeatingCentral
CoolingCentral Air
WaterfrontRiver Front
ViewGarden, River
Private PoolYes
MLS #276228
Lot Size1.66 Acres
StatusActive

About 510 River Dr

On the very largest lot in the prestigious enclave of Riomar Bay, this point estate w/ southern exposure & long river views is truly one-of-a-kind. The property totals 1.66 acres w/ over 462 ft of river frontage & features an impeccably maintained 6,245 SF residence. Combine this w/ the adjacent parcel (512 River Drive) for a legacy property without equal (a total of 594 ft of river frontage and 2.18 acres). The possibilities are endless as you reimagine the existing structures. Golf cart to town, restaurants, the beach, farmer's market & Quail Valley River Club.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1962
  • Stories: 1
  • Living Area: 6,245 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, Microwave, Refrigerator, Water Softener, Washer
  • Flooring Type: Carpet, Slate
  • Interior: High Ceilings, Walk-In Closet(s), Central Vacuum

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: River Front
  • View: Garden, River

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 1.66 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 17th Street bridge, A1A north to Riomar Bay. Left onto River Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,900,000
  • Price Per SqFt: $2,066/SqFt

Tax Information:

  • Annual Amount: $24,079
  • 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

510 River Dr vs Vero Beach

3 DAYS ON ROCKET

-61 Days

$12,900,000

+$12.4M More

$2,066/SqFt

+$1.8K More

KEY TAKEAWAY

This property is $12.4M more than the Median Sold Price and $1.8K/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: #276228

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

Tax History

YEARPROP. TAXASSESSMENT
2020$24,079$1,526,948
2018$24,158$1,464,787
2017$24,017$1,434,659

History based on county public records data.

Payment Calculator

$64.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$38.7K

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-375140
6
/10
  • Beachland Elementary School

  • 3350 Indian River Dr E

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-375141
4
/10
  • Vero Beach Elementary School

  • 1770 12th St

  • 2.76 miles

  • Public District Grades PK-5

school-card-donut-375142
8
/10
  • Rosewood Magnet School

  • 3850 16th St

  • 3.83 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

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+. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 River Dr

What is the listing price of this property?

The listing price of 510 River Dr property is $12,900,000.

What type of property is this?

The property 510 River Dr is a house located in Vero Beach, Florida, 32963.

Is this property for sale now?

Active Listing: 510 River 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 $24,079 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 510 River Dr has 3 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 510 River Dr is 6,245 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 River Dr is 1962.
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Rocket Homes›Florida›Indian River County›Vero Beach›32963›510 River Dr

This home is located at 510 River Dr in Vero Beach, FL and zip code 32963 in the Riomar Bay neighborhood. This 6,245 square foot home, which was built in 1962, sits on a 1.66 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $12,900,000.

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 listings in Vero Beach, FL increased by 10.1% between September 2024 and October 2024. 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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