In the prestigious enclave of Riomar Bay, this 0.55 acre property with 135 ft of river frontage is ideally positioned to capture the prevailing southeastern breeze. Previously the guest house for a larger estate, the 3,806 SF building could easily be adapted for full time residency, or start over and build your dream home. Combine this w/ the adjacent parcel (510 River Drive) for a legacy property without equal (a total of 594 ft of river frontage and 2.18 acres). The possibilities are endless. Golf cart to town, restaurants, the beach, farmer's market & Quail Valley River Club.
Property Details
Property Features
Property Information:
Architectural Style: Two Story
Year Built: 1994
Stories: 2
Living Area: 3,806 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: Dryer, Electric Water Heater, Disposal, Range, Refrigerator, Washer
Flooring Type: Carpet, Tile
Interior: High Ceilings, Walk-In Closet(s)
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Waterfront: River Front
View: Garden, River
Exterior: Balcony
Parking Information:
Garage Space: 3 spaces
Attached Garage: Yes
Parking: Attached, Driveway
Lot Features
Lot Information:
Lot: Waterfront
Lot Size: 0.55 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: From 17th Street bridge, north onto A1A, left into Riomar Bay, left onto River Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $6,900,000
Price Per SqFt: $1,813/SqFt
Tax Information:
Annual Amount: $24,557
Tax Year: 2020
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Housing Market Comparison
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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 school1.05 miles
Public District Grades PK-5
4
/10
Vero Beach Elementary School
1770 12th St
Distance between this listing and this school2.80 miles
Public District Grades PK-5
8
/10
Rosewood Magnet School
3850 16th St
Distance between this listing and this school3.85 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
Oslo Middle School
480 20th Ave SW
Distance between this listing and this school3.94 miles
Public District Grades 6-8
3
/10
Gifford Middle School
4530 28th Ct
Distance between this listing and this school4.02 miles
Public District Grades 6-8
6
/10
Imagine at South Vero
6000 4th St
Distance between this listing and this school5.78 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Alternative Center for Education
1426 18th St
Distance between this listing and this school2.32 miles
Public District Grades 5-12
5
/10
Vero Beach High School
1707 16th St
Distance between this listing and this school2.62 miles
Public District Grades 9-12
7
/10
Indian River Charter High School
6055 College Ln
Distance between this listing and this school5.52 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+. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 512 River Dr
What is the listing price of this property?
The listing price of 512 River Dr property is $6,900,000.
What type of property is this?
The property 512 River Dr is a house located in Vero Beach, Florida, 32963.
Is this property for sale now?
Active Listing: 512 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 $24,557 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 512 River Dr has 2 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 512 River Dr is 3,806 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 512 River Dr is 1994.
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This home is located at 512 River Dr in Vero Beach, FL and zip code 32963 in the Riomar Bay neighborhood. This 3,806 square foot home, which was built in 1994, sits on a 0.55 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $6,900,000.
Over 10 listings were sold over their listed price in October 2024 in Vero Beach, FL. In the same period over 65 listings were sold below the listed price and 19 listings were sold for the listed price. The number of homes for sale in Vero Beach, FL increased by 10.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $410,145, while the average time on the real estate market was 64 days.
From Rocket Homes Real Estate and based on county public records data.
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