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Sold for $4,435,000
  • $4,435,000

    505 River Dr, Vero Beach, FL 32963

    3beds
    3,520sqft
    Single Family Residence
    Built in 1974
    0.62 Acres Lot
    $4,666,100 Zestimate®
    $1,260/sqft
    $7,659 Estimated rent

    Home value

    $4,666,100

    $4.11M - $5.32M

    $7,659/mo

    Zestimate® history
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    What's special

    Waterfront courtyard Pool home in Riomar Bay. Charming sun filled home designed for indoor/outdoor living. Boater's delight with dock and lift. Moments to beach access, Quail, central beach shops and restaurants. Sizes approx./subj. to error.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matilde G Sorensen 772-231-4712,

    Dale Sorensen Real Estate Inc.

    Bought with:

    Matilde G Sorensen, 0316531

    Dale Sorensen Real Estate Inc.

    Source: Realtor Association of Indian River County,MLS#: 278234MLS LogoOriginating MLS: Indian River

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Dimensions: 15x14
    Bedroom
    • Dimensions: 15x14
    Bedroom
    • Dimensions: 12x14
    Den
    • Dimensions: 15x12
    Dining room
    • Dimensions: 15x22
    Family room
    • Dimensions: 15x14
    Kitchen
    • Dimensions: 13x14
    Living room
    • Dimensions: 15x22
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric, 3+ Units
    Appliances
    • Included: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
    • Laundry: Laundry Room, In Unit
    Features
    • Bathtub, Closet Cabinetry, Crown Molding, Jetted Tub, Kitchen Island, Walk-In Closet(s), French Door(s)/Atrium Door(s)
    • Flooring: Carpet, Marble
    • Doors: French Doors
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,520 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch
    • Exterior features: Sprinkler/Irrigation, Porch, Rain Gutters
    • Has private pool: Yes
    • Pool features: Pool, Private
    • Has spa: Yes
    • Has view: Yes
    • View description: Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: River Front
    • Frontage length: 134
    Lot
    • Size: 0.62 Acres
    • Dimensions: 134 x 200
    • Features: 1/2 to 1 Acre Lot
    Details
    • Parcel number: 33400500006000000031.0
    • Zoning: ,
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None, Other, Gutter(s)
    • Subdivision: Riomar Bay
    HOA
    • HOA name: None
    Location
    • Region: Vero Beach

    Financial & listing details

    • Price per square foot: $1,260/sqft
    • Tax assessed value: $1,514,879
    • Annual tax amount: $23,074
    • Date on market: 5/3/2024
    • Listing terms: Cash,New Loan
    • Ownership: Single Family/Other

    Price history

    DateEventPrice
    8/1/2024Sold$4,435,000-2%$1,260/sqft
    Source: Realtor Association of Indian River County #278234 Report a problem
    5/14/2024Contingent$4,525,000$1,286/sqft
    Source: Realtor Association of Indian River County #278234 Report a problem
    5/14/2024Listed for sale$4,525,000+106.2%$1,286/sqft
    Source: Realtor Association of Indian River County #278234 Report a problem
    6/26/2013Listing removed$2,195,000$624/sqft
    Source: Premier Estate Properties #126366 Report a problem
    6/22/2013Listed for sale$2,195,000+15.5%$624/sqft
    Source: Premier Estate Properties #126366 Report a problem
    6/25/2012Sold$1,900,000-13.4%$540/sqft
    Source: BeachesMLS #R3271873 Report a problem
    3/7/2012Listed for sale$2,195,000+155.2%$624/sqft
    Source: Premier Estate Properties #V126366 Report a problem
    6/11/2002Sold$860,000$244/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$55,742 +130.8%$3,531,250 +126.3%
    2024$24,152 +4.7%$1,560,325 +3%
    2023$23,074 +2.9%$1,514,879 +3%
    2022$22,434 +1.1%$1,470,756 +3%
    2021$22,181 +0.1%$1,427,919 +1.4%
    2020$22,166 $1,408,205 +2.3%
    2019$22,166 -0.4%$1,376,545 +1.9%
    2018$22,259 +0.7%$1,350,878 +2.1%
    2017$22,105 $1,323,093 +2.1%
    2016$22,105 +1.1%$1,295,880 +0.7%
    2015$21,868 -2.4%$1,286,880 -12.2%
    2014$22,410 $1,466,450 +1.5%
    2013-- $1,444,780 +43.5%
    2012$17,284 -2.2%$1,006,540 -2.3%
    2011$17,680 -4.8%$1,030,480 -5%
    2010$18,563 -8.5%$1,084,750 -12.2%
    2009$20,282 +4.5%$1,235,480 -0.3%
    2008$19,404 -7.6%$1,239,170 -4.3%
    2007$20,996 $1,295,480 -4.7%
    2006-- $1,359,860 +81.9%
    2005-- $747,560
    2004-- $747,560 +34.6%
    2003-- $555,410 +17.8%
    2002$7,296 +0.5%$471,630 +6.9%
    2001$7,261 -0.3%$441,140 +14.4%
    2000$7,285 $385,660
    Find assessor info on the county website

    Neighborhood: 32963

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,666,100
    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
    $4,666,100