Sold for $16,525,000

$16,525,000

61 Gem Island Dr, Indian River Shores, FL 32963

4beds

6baths

5,545sqft

SingleFamily

Built in 2017

1.33 Acres Lot

$16,430,600 Zestimate^®

$2,980/sqft

$94,876 Estimated rent

Home value

$16,430,600

$14.62M - $18.40M

$94,876/mo

Zestimate^® history

Owner options

List your home for rent

$94,876/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$94,876/mo

Rent Zestimate^®

Refinance and save

$108,117/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$108,117/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

61 Gem Island Dr, Indian River Shores, FL 32963 is a single family home that contains 5,545 sq ft and was built in 2017. It contains 4 bedrooms and 6 bathrooms. This home last sold for $16,525,000 in June 2025. The Zestimate for this house is $16,430,600. The Rent Zestimate for this home is $94,876/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 6

Heating

Forced air

Features

Flooring: Tile, Concrete
Has fireplace: Yes

Interior area

Total interior livable area: 5,545 sqft

Property

Parking

Parking features: Garage - Attached

Features

Exterior features: Stucco, Cement / Concrete
Has spa: Yes

Lot

Size: 1.33 Acres

Details

Parcel number: 323912000110000000070

Construction

Type & style

Home type: SingleFamily

Materials

Foundation: Slab
Roof: Composition

Condition

Year built: 2017

Community & HOA

Location

Region: Indian River Shores

Financial & listing details

Price per square foot: $2,980/sqft
Tax assessed value: $10,093,284
Annual tax amount: $65,962

Price history

Date	Event	Price
6/18/2025	Sold	$16,525,000+469.8%$2,980/sqft
Source: Public Record Report a problem
4/4/2014	Sold	$2,900,000+8.4%$523/sqft
Source: Public Record Report a problem
5/12/2004	Sold	$2,675,000+11.5%$482/sqft
Source: Public Record Report a problem
1/16/2001	Sold	$2,400,000+118.2%$433/sqft
Source: Public Record Report a problem
4/9/1998	Sold	$1,100,000$198/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$65,962 +2.5%	$5,584,704 +2.9%
2024	$64,364 +4.4%	$5,427,312 +3%
2023	$61,638 +2.1%	$5,269,235 +3%
2022	$60,366 -1.2%	$5,115,762 +3%
2021	$61,099 -0.4%	$4,966,760 +1.4%
2020	$61,332	$4,898,186 -4.2%
2019	$61,332 -7.4%	$5,111,787 +1.9%
2018	$66,261 +74.7%	$5,016,474 +77.2%
2017	$37,920	$2,831,490 +14.2%
2016	$37,920 +7.5%	$2,480,440 0%
2015	$35,270 -4.7%	$2,480,680 +31.2%
2014	$37,006	$1,891,250 +21.7%
2013	--	$1,554,640
2012	$23,053 +0.1%	$1,554,640
2011	$23,034 -13%	$1,554,640 -13%
2010	$26,462 +5%	$1,786,480
2009	$25,197 +9.2%	$1,786,480 +3.4%
2008	$23,071 -3.5%	$1,728,520 -1.5%
2007	$23,920	$1,755,210 -10.8%
2006	--	$1,968,740
2005	--	$1,968,740
2004	--	$1,968,740 +20.8%
2003	--	$1,629,810