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Sold for $4,750,000
  • $4,750,000

    116 Ocean Way, Vero Beach, FL 32963

    4beds
    4,300sqft
    Single Family Residence
    Built in 1988
    -- sqft lot
    $4,724,000 Zestimate®
    $1,105/sqft
    $7,952 Estimated rent

    Home value

    $4,724,000

    $4.25M - $5.24M

    $7,952/mo

    Zestimate® history
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    What's special

    Turnkey oceanfront estate in the prestigious guard-gated community of Seagrove. Renovated by Croom Construction in 2012 with lifetime raised aluminum roof, impact glass, and electric storm shutters. Featuring 120 ft of private beachfront, floor-to-ceiling windows, and an open concept layout ideal for entertaining. Two elegant primary suites and sunlit living spaces create a seamless indoor-outdoor flow. Minutes from Vero’s upscale dining, boutique shopping, and cultural venues. A rare opportunity to own a refined coastal retreat in one of Vero Beach’s most sought-after enclaves. Move-in ready and meticulously maintained, with lush tropical landscaping, generous outdoor living spaces, and timeless architectural charm.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stacia A Zielinski 305-778-0369,

    Engel & Voelkers Vero Beach

    Bought with:

    Stacia A Zielinski, 3538086

    Engel & Voelkers Vero Beach

    Source: BeachesMLS,MLS#: F10509733MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 1
    Primary bedroom
    • Level: First
    • Area: 336
    • Dimensions: 24 X 14
    Bedroom 2
    • Level: Upper
    • Area: 336
    • Dimensions: 24 X 14
    Bedroom 3
    • Level: Upper
    • Area: 195
    • Dimensions: 15 X 13
    Bedroom 4
    • Level: Upper
    • Area: 180
    • Dimensions: 15 X 12
    Kitchen
    • Level: Main
    • Area: 180
    • Dimensions: 15 X 12
    Living room
    • Level: Main
    • Area: 420
    • Dimensions: 28 X 15
    Heating
    • Central
    Cooling
    • Other
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Water Heater, Washer
    Features
    • Bathtub, Central Vacuum, Dual Sinks, Eat-in Kitchen, Kitchen Island, Living/Dining Room, Main Level Primary, Multiple Primary Suites, Multiple En Suite Bathrooms, Split Bedrooms, Soaking Tub, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
    • Flooring: Carpet, Marble, Wood
    • Doors: French Doors
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 4,300 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Driveway, Garage, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First Floor Entry,Bar,Kitchen Island,Fireplace,Fre
    • Patio & porch: Deck, Open, Balcony
    • Exterior features: Balcony, Outdoor Living Area, Outdoor Shower, Propane Tank - Leased
    • Has private pool: Yes
    • Pool features: In Ground, Private, Association
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Beach Access, Deeded Access, Ocean Front
    • Frontage type: Waterfront
    • Frontage length: 120.00,120.00
    Lot
    • Features: 1-2 Acres
    Details
    • Parcel number: 334016000130011000100
    • Zoning: residential
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Roof: Aluminum
    Condition
    • Resale
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Water: Other
    • Utilities for property: Sewer Available

    Community & neighborhood

    Security
    • Security features: Gated Community
    Community
    • Community features: Home Owners Association, Gated
    Senior living
    • Senior community: Yes
    Location
    • Region: Vero Beach
    • Subdivision: Seagrove

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $245 monthly
    • Amenities included: Gated, Pool

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/10/2026Listed for sale$5,395,000+13.6%$1,255/sqft
    Source: BeachesMLS #F10509733 Report a problem
    2/20/2026Sold$4,750,000-12%$1,105/sqft
    Source: BeachesMLS #F10509733 Report a problem
    1/22/2026Pending sale$5,395,000$1,255/sqft
    Source: Realtor Association of Indian River County #288508 Report a problem
    1/16/2026Contingent$5,395,000$1,255/sqft
    Source: Realtor Association of Indian River County #288508 Report a problem
    12/3/2025Price change$5,395,000-6.9%$1,255/sqft
    Source: Realtor Association of Indian River County #288508 Report a problem
    8/19/2025Listed for sale$5,795,000$1,348/sqft
    Source: Realtor Association of Indian River County #288508 Report a problem
    8/9/2025Contingent$5,795,000$1,348/sqft
    Source: Realtor Association of Indian River County #288508 Report a problem
    6/13/2025Listed for sale$5,795,000+176%$1,348/sqft
    Source: Realtor Association of Indian River County #288508 Report a problem
    8/3/2011Listing removed$2,100,000$488/sqft
    Source: Listhub #591137 Report a problem
    1/23/2010Listed for sale$2,100,000-26.3%$488/sqft
    Source: Thorpe Sotheby's International Realty #101115 Report a problem
    2/27/2008Listing removed$2,850,000$663/sqft
    Source: NCI Report a problem
    1/31/2008Listed for sale$2,850,000+58.3%$663/sqft
    Source: NCI Report a problem
    2/11/2003Sold$1,800,000+105.7%$419/sqft
    Source: Public Record Report a problem
    7/24/1997Sold$875,000$203/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$50,474 +6.4%$3,566,452 +6.2%
    2024$47,451 +3.5%$3,358,197 +1.7%
    2023$45,841 +9.4%$3,302,239 +10.6%
    2022$41,901 +6.4%$2,985,669 +10.6%
    2021$39,384 -0.4%$2,700,057 +1.1%
    2020$39,546 $2,670,677 -13%
    2019$39,546 -13.6%$3,068,133 +0.7%
    2018$45,758 +15.2%$3,045,697 +10.2%
    2017$39,706 +18.4%$2,763,764 -1.6%
    2016$33,548 -15.5%$2,808,530 +39.1%
    2015$39,706 +18.4%$2,019,430 +7.4%
    2014$33,548 $1,879,840 +12.7%
    2013-- $1,667,870 +27.1%
    2012$21,259 -18.9%$1,312,650 -19%
    2011$26,205 -5.5%$1,620,280 -5.2%
    2010$27,728 -2.3%$1,708,680 -6.4%
    2009$28,378 -15.7%$1,826,150 -19.9%
    2008$33,673 -1.8%$2,278,480 +1.6%
    2007$34,290 $2,242,280 -14.6%
    2006-- $2,624,250 +74.6%
    2005-- $1,502,710
    2004-- $1,502,710 +27.8%
    2003-- $1,175,550 +10.4%
    2002$19,810 +13.4%$1,065,180 +14.1%
    2001$17,469 +14.2%$933,420 +18.2%
    2000$15,303 $789,600

    Find assessor info on the county website

    Neighborhood: South Beach

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Beachland
    • Middle: Oslo
    • High: Vero Beach

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $4,724,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,724,000