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Sold for $5,900,000
  • $5,900,000

    501 River Drive, Vero Beach, FL 32963

    3beds
    4,210sqft
    Single Family Residence
    Built in 2020
    0.42 Acres Lot
    $6,731,900 Zestimate®
    $1,401/sqft
    $43,885 Estimated rent

    Home value

    $6,731,900

    $5.92M - $7.61M

    $43,885/mo

    Zestimate® history
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    What's special

    Bring your boat! This 2020 built waterfront residence, w/ 4BD/3+BA has quick access to the intracoastal. Features include Lutron Lighting inside and out, custom window treatments, coffered ceiling, wainscoting throughout, marble & wood floors, and so much more. The state-of-the-art island kitchen with top-tier appliances, gas cooktop and wet bar is any chef's dream. The home's outdoor living area boasts a gas-heated salt-water pool and spa, firepits, and dock. Oversized 2 car garage + golf cart garage. Walk, ride your bike or take your golf cart to all of Vero's shops, restaurants and beaches.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth B Livers 772-559-6958,

    Berkshire Hathaway Florida

    Bought with:

    Elizabeth B Livers, 678499

    Berkshire Hathaway Florida

    Source: BeachesMLS,MLS#: R10963412MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 304
    • Dimensions: 19 X 16
    Bedroom 2
    • Level: Main
    • Area: 210
    • Dimensions: 14 X 15
    Bedroom 3
    • Level: Main
    • Area: 210
    • Dimensions: 14 X 15
    Den
    • Level: Main
    • Area: 210
    • Dimensions: 14 X 15
    Dining room
    • Level: Main
    • Area: 266
    • Dimensions: 19 X 14
    Kitchen
    • Level: Main
    • Area: 456
    • Dimensions: 24 X 19
    Living room
    • Level: Main
    • Area: 744
    • Dimensions: 31 X 24
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Tub
    Features
    • Wet Bar, Built-in Features, Bathtub, Cathedral Ceiling(s), Dual Sinks, Garden Tub/Roman Tub, Kitchen Island, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Marble, Other, Wood
    • Doors: French Doors
    • Has fireplace: Yes
    Interior area
    • Total structure area: 4,210
    • Total interior livable area: 4,210 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Circular Driveway, Garage, Golf Cart Garage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Built-in Barbecue, Barbecue, Lighting, Outdoor Living Area, Outdoor Shower
    • Has private pool: Yes
    • Pool features: Free Form, Heated, Other, Salt Water
    • Has spa: Yes
    • Has view: Yes
    • View description: Canal, Intercoastal, Pool
    • Has water view: Yes
    • Water view: Canal,Intercoastal
    • Waterfront features: Navigable Water, Ocean Access, River Front, Seawall
    Lot
    • Size: 0.42 Acres
    • Dimensions: 150.0 ft x 122.0 ft
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 334005000060000000330
    • Zoning: R-1AA

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Roof: Flat
    Condition
    • Resale
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Security System Owned, Smoke Detector(s)
    • Subdivision: REPLAT OF RIOMAR BAY UNIT 1
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Vero Beach

    Financial & listing details

    • Price per square foot: $1,401/sqft
    • Tax assessed value: $5,078,774
    • Annual tax amount: $56,965
    • Date on market: 2/27/2024
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/6/2024Sold$5,900,000-5.6%$1,401/sqft
    Source: BeachesMLS #R10963412 Report a problem
    3/8/2024Pending sale$6,250,000$1,485/sqft
    Source: BHHS broker feed #1006089 Report a problem
    3/7/2024Contingent$6,250,000$1,485/sqft
    Source: Realtor Association of Indian River County #275846 Report a problem
    2/26/2024Listed for sale$6,250,000+14.7%$1,485/sqft
    Source: Realtor Association of Indian River County #275846 Report a problem
    5/12/2023Sold$5,450,000$1,295/sqft
    Source: Public Record Report a problem
    4/12/2023Pending sale$5,450,000$1,295/sqft
    Source: Realtor Association of Indian River County #264992 Report a problem
    4/7/2023Contingent$5,450,000$1,295/sqft
    Source: Realtor Association of Indian River County #264992 Report a problem
    2/22/2023Price change$5,450,000-12.8%$1,295/sqft
    Source: Realtor Association of Indian River County #264992 Report a problem
    1/3/2023Listed for sale$6,250,000+52.4%$1,485/sqft
    Source: Realtor Association of Indian River County #264992 Report a problem
    8/21/2020Sold$4,100,000-6.3%$974/sqft
    Source: Public Record Report a problem
    8/20/2020Listed for sale$4,375,000$1,039/sqft
    Source: FlatFee.com Inc #232360 Report a problem
    7/8/2020Pending sale$4,375,000$1,039/sqft
    Source: Palm Coast Report a problem
    3/3/2020Listed for sale$4,375,000$1,039/sqft
    Source: Owner Report a problem
    3/3/2020Pending sale$4,375,000$1,039/sqft
    Source: Owner Report a problem
    2/18/2020Listed for sale$4,375,000+629.2%$1,039/sqft
    Source: Owner Report a problem
    3/23/2018Sold$600,000-59.9%$143/sqft
    Source: Public Record Report a problem
    2/14/2018Price change$1,495,000-14.6%$355/sqft
    Source: Berkshire Hathaway Florida #198795 Report a problem
    1/12/2018Listed for sale$1,750,000$416/sqft
    Source: Berkshire Hathaway Florida #198795 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$80,974 +8.2%$5,078,774 +6.9%
    2024$74,859 +31.4%$4,749,491 +28.5%
    2023$56,966 +2.8%$3,696,027 +3%
    2022$55,411 +1%$3,588,376 +3%
    2021$54,841 +210.9%$3,483,860 +222.8%
    2020$17,637 $1,079,240 -0.1%
    2019$17,637 -2.8%$1,080,390 +40.6%
    2018$18,138 +45.9%$768,299 +2.1%
    2017$12,435 $752,497 +2.1%
    2016$12,435 +1.2%$737,020 +0.7%
    2015$12,290 -2.4%$731,900 +0.8%
    2014$12,593 $726,100 +1.5%
    2013-- $715,370 +1.7%
    2012$11,520 +3.2%$703,420 +3%
    2011$11,160 +1.9%$682,940 +1.5%
    2010$10,957 +11.1%$672,850 +5.6%
    2009$9,866 +5%$637,350 +0.1%
    2008$9,398 -1.1%$636,720 -43%
    2007$9,498 $1,116,270 -6.3%
    2006-- $1,190,690 +63.3%
    2005-- $729,260
    2004-- $729,260 +30.7%
    2003-- $557,900 +12.5%
    2002$9,536 +6.8%$496,080 +8.2%
    2001$8,928 +10.7%$458,580 +14.7%
    2000$8,068 $399,840
    Find assessor info on the county website

    Neighborhood: 32963

    Nearby schools

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    Estimated market value
    $6,731,900
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    Estimated market value
    $6,731,900