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Sold for $890,000
  • $890,000

    1616 Ocean Dr APT 301, Vero Beach, FL 32963

    2beds
    1,480sqft
    Condominium
    Built in 1982
    -- sqft lot
    $877,500 Zestimate®
    $601/sqft
    $3,926 Estimated rent

    Home value

    $877,500

    $781,000 - $992,000

    $3,926/mo

    Zestimate® history
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    What's special

    Amazing wide view of the ocean to the North and South!!! Rare opportunity to get a condo in the best location in Sea Cove. Windows and balconies on three sides & 110 extra sq.ft. PRIME inside parking space conveys. Walk thru with me by watching the virtual tour attached to this listing. Extremely well managed building with a good board and great reserves. Next door to an inside unit for sale.(302) Great opportunity for extended families. Great location for restaurants! Best and widest beach in Vero!

    Zillow last checked:

    Listing updated:

    Listed by:

    Patty E King Rennick 772-562-5015,

    Rennick Real Estate

    Bought with:

    Patty E King Rennick, 3030623

    Rennick Real Estate

    Source: Realtor Association of Indian River County,MLS#: 285477MLS LogoOriginating MLS: Indian River

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Dimensions: 17x12
    Bedroom
    • Dimensions: 13x12
    Dining room
    • Dimensions: 15x10
    Kitchen
    • Dimensions: 12x9
    Living room
    • Dimensions: 17x14
    Patio
    • Dimensions: 15x7
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Doors: Sliding Doors
    • Windows: Casement Window(s), Window Treatments
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,480 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Carport, Uncovered
    • Carport spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 5
    • Exterior features: Balcony
    • Pool features: Pool, Community
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    • Waterfront features: Ocean Access, Ocean Front, Beach Access
    Lot
    • Features: < 1/4 Acre
    Details
    • Parcel number: 33400500025161600301.0
    • Zoning: ,
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Multi-Level
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Block, Concrete
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Bicycle Storage, Elevator, Storage Facilities, Trash Chute, Pool
    • Subdivision: Sea Cove
    HOA
    • Has HOA: Yes
    • Services included: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Trash, Water
    • HOA fee: $1,033 monthly
    • HOA name: Elliott Merrill
    Location
    • Region: Vero Beach

    Financial & listing details

    • Price per square foot: $601/sqft
    • Tax assessed value: $562,598
    • Annual tax amount: $10,034
    • Date on market: 2/12/2025
    • Listing terms: Cash,New Loan
    • Ownership: Condo

    Price history

    DateEventPrice
    5/13/2025Sold$890,000-1%$601/sqft
    Source: Realtor Association of Indian River County #285477 Report a problem
    4/9/2025Pending sale$899,000$607/sqft
    Source: Realtor Association of Indian River County #285477 Report a problem
    3/13/2025Contingent$899,000$607/sqft
    Source: Realtor Association of Indian River County #285477 Report a problem
    2/22/2025Listed for sale$899,000$607/sqft
    Source: Realtor Association of Indian River County #285477 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,188 +6.9%$470,227 -17.1%
    2024$7,659 +6.3%$567,112
    2023$7,209 +17.7%$567,112 +29.4%
    2022$6,124 +17.7%$438,398 +36.5%
    2021$5,204 +1.8%$321,171
    2020$5,110 $321,171 +2%
    2019$5,110 +3.7%$314,874
    2018$4,930 +10.8%$314,874 +8%
    2017$4,449 $291,550 +40%
    2016$4,449 +20.8%$208,250
    2015$3,684 +1.3%$208,250 +9.9%
    2014$3,637 $189,510 +19.5%
    2013-- $158,570 -8.9%
    2012$3,028 +0.1%$174,040
    2011$3,025 -9.6%$174,040 -10%
    2010$3,346 -13%$193,380 -16.7%
    2009$3,846 -12.5%$232,050 -16.7%
    2008$4,395 -12.5%$278,460 -11%
    2007$5,024 $312,800 -8%
    2006-- $340,000 +60%
    2005-- $212,500
    2004-- $212,500 +13.6%
    2003-- $187,000
    Find assessor info on the county website

    Neighborhood: 32963

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $877,500
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    Estimated market value
    $877,500