1916 Ocean Dr, Vero Beach, FL, 32963
About This Home
Generational opportunity to purchase one of the largest oceanfront Old Riomar estate lots on nearly 2.5 acres with 150 of oceanfront, accreting beach, and private dune walkover. Renovated 5,200A± SF single-story home offers 6BR, including a 1BR/1BA guest cottage: gourmet kitchen, updated baths, and a 50x20 pool with new deck. One of only 3 Old Riomar properties with 150 frontage. Panoramic Atlantic views with walkable access to cafés, dining, and shops.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1982
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Interior Area
- Total structure area: 5,219
- Total interior livable area: 5,219 sqft
Property
Details
- Parcel number: 334005000030070000140
Features
- Stories: 1
- Patio & porch: Patio
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Waterfront
- Frontage type: Waterfront
Lot
- Lot size: 2.44 Acres
Parking
- Total spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Indian River County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $91,017 | $1,092,204 |
| Home Insurance * | $34,418 | $413,016 |
| Property Taxes | $23,193 | $278,316 |
| Electricity | $525 | $6,302 |
| Total | $149,153 | $1,789,836 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-09 | Price change | $40,000 |
| 2025-12-29 | Listed for rent | $50,000 |
| 2025-12-29 | Listing removed | $50,000 |
| 2025-10-24 | Listed for sale | $15,000,000 |
| 2025-10-15 | Listing removed | $15,000,000 |
| 2025-09-09 | Listed for sale | $15,000,000 |
| 2025-07-15 | Listed for rent | $50,000 |
| 2025-07-15 | Listing removed | $50,000 |
| 2025-01-31 | Price change | $50,000 |
| 2024-12-13 | Price change | $60,000 |
| 2024-09-13 | Listed for rent | $50,000 |
| 2024-06-04 | Listing removed | -- |
| 2023-12-21 | Price change | $18,500,000 |
| 2023-06-26 | Listed for sale | $17,000,000 |
| 2023-04-18 | Listing removed | -- |
| 2023-02-17 | Price change | $15,000,000 |
| 2023-01-27 | Listed for sale | $16,995,000 |
| 2023-01-19 | Sold | $9,700,000 |
| 1998-01-05 | Sold | $1,400,000 |
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