new - 7 hours on rocket

640 Reef Rd, Vero Beach, FL, 32963

$15,900,000

5 Bedrooms
5 Full Baths, 4 Partial
8,177 SqFt
$1,944/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Garage4 spaces
Year Built2016
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front, Beach
ViewOcean, Pool
MLS #283557
Lot Size1.09 Acres
StatusActive

About 640 Reef Rd

Gated West Indies inspired 5 bedroom, 2 story smart home with 5.4 baths, 4-bay sideload garage, direct ocean views. Expert craftsmanship on high elevation 1+/- acre lot with 104'+/- ocean frontage in Floralton Beach. Two primary suites, office/den, chef's kitchen/butler's pantry, 1 BR guest cabana with kitchen/office/family room, heated pool/spa + summer kitchen and screened lanai for family and entertaining. Special features include elevator, two fireplaces, 5 HVAC, water filtration system, putting green, outdoor shower, 1000 gallon propane tank, artificial turf, bulkheaded seawall.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 2016
  • Stories: 2
  • Living Area: 8,177 SqFt

Listing Office:

  • Office Name: Premier Estate Properties
  • Office Phone: (772) 234-5555
  • Listing Agent: Melissa E Talley

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Flooring Type: Marble, Slate, Wood
  • Interior: Wet Bar, Built-in Features, Elevator, High Ceilings, Kitchen Island, Vaulted Ceiling(s), Central Vacuum

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Ocean Front, Beach
  • View: Ocean, Pool
  • Exterior: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Shower

Parking Information:

  • Garage Space: 4 spaces

Virtual/3D Tour

  • Virtual Tour: 640 Reef Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 1.09 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South on A1A from Beachland Blvd turn East on Seagrape Drive then North onto Reef Road to 640.

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,900,000
  • Price Per SqFt: $1,944/SqFt

Tax Information:

  • Annual Amount: $65,195
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$413.8K

Med. Price/SqFt

$237

Avg. Days On Market

90

# of Sold Homes

184

640 Reef Rd vs Vero Beach

1 DAY ON ROCKET

-89 Days

$15,900,000

+$15.4M More

$1,944/SqFt

+$1.7K More

KEY TAKEAWAY

This property is $15.4M more than the Median Sold Price and $1.7K/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: #283557

Listing Office:

  • Office Name: Premier Estate Properties
  • Office Phone: (772) 234-5555
  • Listing Agent: Melissa E Talley

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: 12/11/2024, 6:16:09 PM 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$65,195$4,401,430
2018$66,429$4,291,951
2017$65,051$4,131,024

History based on county public records data.

Payment Calculator

$79.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$47.7K

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-1763646
6
/10
  • Highlands Elementary School

  • 500 20th St SW

  • 3.66 miles

  • Public District Grades PK-5

school-card-donut-1763647
9
/10
  • Osceola Magnet School

  • 1110 18th Ave SW

  • 4.54 miles

  • Public Magnet Grades KG-5

school-card-donut-1763648
6
/10
  • Beachland Elementary School

  • 3350 Indian River Dr E

  • 4.87 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $117,089. Typical income of Vero Beach, FL residents is between $100k-200k annually. The most common type of family 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 640 Reef Rd

What is the listing price of this property?

The listing price of 640 Reef Rd property is $15,900,000.

What type of property is this?

The property 640 Reef Rd is a house located in Vero Beach, Florida, 32963.

Is this property for sale now?

Active Listing: 640 Reef Rd 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 $65,195 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 640 Reef Rd has 5 bedrooms and 5 full and 4 half bathrooms.

What is the square footage of this property?

The property 640 Reef Rd is 8,177 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 640 Reef Rd is 2016.
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Rocket HomesFloridaIndian River CountyVero Beach32963640 Reef Rd

This home is located at 640 Reef Rd in Vero Beach, FL and zip code 32963 in the Oceanside neighborhood. This 8,177 square foot home, which was built in 2016, sits on a 1.09 acre lot. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $15,900,000.

In November 2024 more than 16 listings in Vero Beach, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 128 were sold below. The inventory of homes for sale in Vero Beach, FL between October 2024 and November 2024 increased by 11.3%. In November 2024, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $413,810.

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

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