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524 Bay Dr, Vero Beach, FL, 32963

$3,895,000

0.65 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontCanal, Navigable Water
ViewCanal
MLS #282842
Lot Size0.65 Acres
StatusActive

About 524 Bay Dr

Location, location, location! Rare opportunity to build your dream amongst 5-25 million dollar homes in coveted Riomar Bay. Walk/bike/golf cart to beach + dining and shopping on Ocean Drive.

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: Canal, Navigable Water
  • View: Canal

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.65 Acres

Other

Directions Information:

  • Directions: South on A1A from Beachland Blvd. Right on Bay Drive. 524 is on the left side of the street. Just South of Quail Valley River Club.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,895,000

Tax Information:

  • Annual Amount: $18,142
  • 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

524 Bay Dr vs Vero Beach

1 DAY ON ROCKET

-63 Days

$3,895,000

+$3.4M More

KEY TAKEAWAY

This property is $3.4M more than the Median Sold Price in Vero Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IndianRiver
  • MLS Number: #282842

Listing Office:

  • Office Name: Dale Sorensen Real Estate Inc.
  • Office Phone: (772) 559-1359
  • Listing Agent: Cathy Curley

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, 2:15:53 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

Oct 11, 2004Home Sold
$1,708,200

Tax History

YEARPROP. TAXASSESSMENT
2020$18,142$1,158,434
2018$18,193$1,111,274
2017$18,083$1,088,417

History based on county public records data.

Payment Calculator

$19.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.7K

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-337777
6
/10
  • Beachland Elementary School

  • 3350 Indian River Dr E

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-337778
4
/10
  • Vero Beach Elementary School

  • 1770 12th St

  • 2.80 miles

  • Public District Grades PK-5

school-card-donut-337779
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 majority of Vero Beach, FL residents have income $200k+ annually. The majority of families are 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 524 Bay Dr

What is the listing price of this property?

The listing price of 524 Bay Dr property is $3,895,000.

What type of property is this?

The property 524 Bay Dr is land located in Vero Beach, Florida, 32963.

Is this property for sale now?

Active Listing: 524 Bay 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 $18,142 (source: MLS/based on county public records data).

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

The last sale was on October 11, 2004 for $1,708,200. (source: MLS/tax record).

How much acreage is this property?

The property 524 Bay Dr is 0.65 acres.
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Rocket HomesFloridaIndian River CountyVero Beach32963524 Bay Dr

This home is located at 524 Bay Dr in Vero Beach, FL and zip code 32963 in the Riomar Bay neighborhood. This home sits on a 0.65 acre lot. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $3,895,000.

In October 2024 more than 10 listings in Vero Beach, FL were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 65 were 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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