Welcome to 1488 Corona Lane, Vero Beach—a rare, private direct oceanfront estate lot on 1.2+/- acres! With 120+/- feet of beachfront, this unique property offers gated access and no HOA, giving you the freedom to build your dream family compound. The beach is expanding, providing an ever-growing paradise. Existing frame structures on-site hold no value, allowing you to start fresh with your vision. Accessible through the Sandy Lane gate or Corona Lane, this exceptional property offers the ideal canvas for creating a Coastal Compound without restrictions. Don’t miss this unique opportunity!
Sold for $6,000,000
$6,000,000
1488 Corona Ln, Vero Beach, FL 32963
6beds
1,711sqft
Single Family Residence
Built in 1952
1.18 Acres Lot
$5,134,300 Zestimate®
$3,507/sqft
$25,348 Estimated rent
Home value
$5,134,300
$4.26M - $6.21M
$25,348/mo
Zestimate® history
Owner options
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$25,348/mo
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$25,348/mo
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$39,609/mo
Est. payment
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$39,609/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
T.P. Kennedy 772-231-6509,
Alex MacWilliam, Inc.,
Shannon O'Leary 772-205-4412,
Alex MacWilliam, Inc.
Bought with:
Joseph Francis O'Neill, 3289603
Douglas Elliman Florida LLC
Source: Realtor Association of Indian River County,MLS#: 279476
Originating MLS: Indian River
Originating MLS: Indian RiverFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Bedroom
- Dimensions: 10x10
Bedroom
- Dimensions: 10x10
Bedroom
- Dimensions: 10x10
Bedroom
- Dimensions: 10x10
Bedroom
- Dimensions: 12x8
Bedroom
- Dimensions: 12x8
Kitchen
- Dimensions: 12x15
Living room
- Dimensions: 12x14
Heating
- Central
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Laundry Room
Features
- French Door(s)/Atrium Door(s)
- Flooring: Wood
- Doors: French Doors
- Windows: None
Interior area
- Total interior livable area: 1,711 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
- Pool features: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Access, Ocean Front
- Frontage length: 117
Lot
- Size: 1.18 Acres
- Dimensions: 117 x 515
- Features: 1-3 Acres, Few Trees
Details
- Parcel number: 33401600000001000002.0
- Zoning: ,
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Shingle
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: None
- Security: Gated Community
- Subdivision: Sandy Lane
HOA
- HOA name: Owner
Location
- Region: Vero Beach
Financial & listing details
- Price per square foot: $3,507/sqft
- Tax assessed value: $2,156,591
- Annual tax amount: $30,186
- Date on market: 6/27/2024
- Listing terms: Cash,New Loan
- Ownership: Single Family/Other
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2024 | Sold | $6,000,000-25%$3,507/sqft |
Source:  Realtor Association of Indian River County #279476 Report a problem | ||
| 7/29/2024 | Contingent | $7,995,000$4,673/sqft |
Source: Realtor Association of Indian River County #279476 Report a problem | ||
| 7/29/2024 | Listed for sale | $7,995,000$4,673/sqft |
Source: Realtor Association of Indian River County #279476 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $52,785 +72.7% | $3,730,927 +72.8% |
| 2024 | $30,560 +1.2% | $2,158,695 |
| 2023 | $30,186 +9.2% | $2,158,695 +10.1% |
| 2022 | $27,647 +6.1% | $1,960,537 +10% |
| 2021 | $26,054 -1.6% | $1,783,050 -3.5% |
| 2020 | $26,477 | $1,847,338 +8.5% |
| 2019 | $26,477 +6.1% | $1,702,259 +16.1% |
| 2018 | $24,966 +32.2% | $1,466,532 -0.1% |
| 2017 | $18,886 -4.2% | $1,467,878 +24.7% |
| 2016 | $19,720 +4.4% | $1,176,710 -0.1% |
| 2015 | $18,886 -4.2% | $1,177,890 +6.7% |
| 2014 | $19,720 | $1,104,190 +8.7% |
| 2013 | -- | $1,016,210 |
| 2012 | $16,541 -13.6% | $1,016,210 -13.8% |
| 2011 | $19,145 +0.7% | $1,178,400 +1% |
| 2010 | $19,014 -4.2% | $1,166,480 -8.3% |
| 2009 | $19,851 -16% | $1,272,040 -20.2% |
| 2008 | $23,646 -3.3% | $1,594,280 -1.4% |
| 2007 | $24,446 | $1,616,130 -8.9% |
| 2006 | -- | $1,773,600 +117.6% |
| 2005 | -- | $815,260 |
| 2004 | -- | $815,260 +63.7% |
| 2003 | -- | $498,060 +26.1% |
| 2002 | $7,394 +4.7% | $395,020 +5.3% |
| 2001 | $7,065 +10.8% | $375,080 +14.8% |
| 2000 | $6,374 | $326,590 |
Find assessor info on the county website
Neighborhood: 32963
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Nearby schools
GreatSchools rating
- 7/10Beachland Elementary SchoolGrades: PK-5Distance: 3.1 mi
- 7/10Gifford Middle SchoolGrades: 6-8Distance: 6 mi
- 5/10Vero Beach High SchoolGrades: 9-12Distance: 3.8 mi
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Estimated market value
$5,134,300
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
$5,134,300
- Florida
- Indian River County
- Vero Beach
- 32963
- 1488 Corona Ln
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