In the prestigious enclave of Riomar Bay, this 0.55± acre riverfront property features 135± feet of river frontage, perfectly positioned to capture the refreshing southeastern breeze. This parcel offers an unparalleled opportunity to create your dream waterfront retreat. For those seeking an extraordinary estate, combine this parcel w/ the adjacent lot at 510 River Drive to establish a legacy riverfront compound spanning 2.18 acres with 594 feet of frontage. A one-of-a-kind offering without equal. Golf cart/walk to town, restaurants, beaches, farmer’s market, and Quail Valley River Club.
Sold for $4,500,000
$4,500,000
512 River Dr, Vero Beach, FL 32963
--beds
0baths
0.55Acres
Unimproved Land
Built in ----
0.55 Acres Lot
$-- Zestimate®
$--/sqft
$48,817 Estimated rent
Home value
Not available
Estimated sales range
Not available
$48,817/mo
Zestimate® history
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Riverfront property
Zillow last checked:
Listing updated:
Listed by:
Cindy J O'Dare 772-713-5899,
One Sotheby's Int'l Realty
Bought with:
Dan Downey, 3069731
One Sotheby's Int'l Realty
Cindy J O'Dare, 0326961
One Sotheby's Int'l Realty
Source: Realtor Association of Indian River County,MLS#: 286055
Originating MLS: Indian River
Originating MLS: Indian RiverFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Intercoastal, River
- Has water view: Yes
- Water view: Intercoastal,River
- Waterfront features: Intracoastal Access, River Front, Seawall
- Frontage length: 135
Lot
- Size: 0.55 Acres
- Features: Additional Land Available, 1/2 to 1 Acre Lot, Few Trees
Details
- Parcel number: 33400500006000000040.0
- Zoning: ,
- Zoning description: Residential
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Curbs, Other, Storm Drain(s)
- Subdivision: Riomar Bay
HOA
- HOA name: N/A
Location
- Region: Vero Beach
Financial & listing details
- Tax assessed value: $2,035,911
- Annual tax amount: $34,136
- Date on market: 3/4/2025
- Listing terms: Cash,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $4,500,000-34.8% |
Source:  Realtor Association of Indian River County #286055 Report a problem | ||
| 3/6/2026 | Pending sale | $6,900,000 |
Source: Realtor Association of Indian River County #286055 Report a problem | ||
| 2/18/2026 | Contingent | $6,900,000 |
Source: Realtor Association of Indian River County #286055 Report a problem | ||
| 3/4/2025 | Listed for sale | $6,900,000 |
Source: Realtor Association of Indian River County #286055 Report a problem | ||
| 3/4/2025 | Listing removed | $6,900,000 |
Source: Realtor Association of Indian River County #276231 Report a problem | ||
| 3/8/2024 | Listed for sale | $6,900,000 |
Source: Realtor Association of Indian River County #276231 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,376 -25.7% | $1,495,186 -36.7% |
| 2024 | $34,136 +6.5% | $2,362,062 -0.7% |
| 2023 | $32,043 +16.4% | $2,378,571 +26.7% |
| 2022 | $27,524 +12.6% | $1,876,767 +22.7% |
| 2021 | $24,434 -0.5% | $1,529,610 +0.9% |
| 2020 | $24,557 | $1,516,583 0% |
| 2019 | $24,557 +0.4% | $1,516,648 +0.9% |
| 2018 | $24,466 +19.4% | $1,503,216 +26.4% |
| 2017 | $20,489 | $1,189,079 +0% |
| 2016 | $20,489 -1% | $1,188,580 +6.1% |
| 2015 | $20,690 +2.8% | $1,119,760 +2% |
| 2014 | $20,117 | $1,097,800 +7.5% |
| 2013 | -- | $1,021,630 -0.3% |
| 2012 | $17,597 -2.6% | $1,024,870 -2.7% |
| 2011 | $18,068 -4.5% | $1,053,140 -4.8% |
| 2010 | $18,929 -8.7% | $1,106,200 -12.4% |
| 2009 | $20,722 +4.5% | $1,262,370 -0.3% |
| 2008 | $19,832 -8.2% | $1,266,570 -5.4% |
| 2007 | $21,612 | $1,339,540 -1.9% |
| 2006 | -- | $1,365,690 +30.9% |
| 2005 | -- | $1,042,960 |
| 2004 | -- | $1,042,960 +41.8% |
| 2003 | -- | $735,340 +13.3% |
| 2002 | $12,458 +6.8% | $649,270 +8.2% |
| 2001 | $11,662 +3.2% | $600,200 +6.9% |
| 2000 | $11,298 | $561,430 |
Find assessor info on the county website
Neighborhood: 32963
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Nearby schools
GreatSchools rating
- 7/10Beachland Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 7/10Gifford Middle SchoolGrades: 6-8Distance: 4 mi
- 5/10Vero Beach High SchoolGrades: 9-12Distance: 2.6 mi
- Florida
- Indian River County
- Vero Beach
- 32963
- 512 River Dr
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