See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3937 Indian River Drive E, Vero Beach, FL, 32963

4beds
4baths
4,005sqft
$5,300,000
$1,323price/sqft
$43,998/moest. monthly cost
$1,759,920/yrincome needed

About This Home

Luxury riverfront living in Vero Beach! Custom 2022 built home with 4 beds, 4 baths, 3 car garage, and 5,261 SF. Soaring ceilings and floor-to-ceiling sliders frame breathtaking river views, seamlessly connecting indoor and outdoor living. Chef's kitchen with quartz counters & premium Jenn-Air appliances, elegant living room gas fireplace, private saltwater pool and spa, dock with boat & jet-ski lifts, and 109 feet of river frontage. Meticulously crafted riverfront retreat offering ultimate luxury, style, and waterfront lifestyle, perfect for entertaining and boating enthusiasts.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

7/10
7/10
Gifford Middle SchoolGrades 6-82.8 mi
5/10
Vero Beach High SchoolGrades 9-123.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2022

Materials

  • Roof: Metal
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Range,Gas Water Heater,Microwave,Oven,Water Heater,Washer
  • Laundry features: Inside

Bedroom2

  • Area: 144
  • Dimensions: 12 X 12

Bedroom3

  • Area: 150
  • Dimensions: 15 X 10

Bedroom4

  • Area: 192
  • Dimensions: 16 X 12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 4
  • Main level bedrooms: 4

Den

  • Area: 154
  • Dimensions: 14 X 11

Family Room

  • Area: 567
  • Dimensions: 27 X 21

Features

  • Bathtub,Dual Sinks,Entrance Foyer,High Ceilings,Kitchen Island,Main Level Primary,Pantry,Sitting Area in Primary,Soaking Tub,Separate Shower,Walk-In Closet(s)
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 5,261
  • Total interior livable area: 4,005 sqft

Kitchen

  • Level: Main
  • Area: 240
  • Dimensions: 20 X 12

Living Room

  • Level: Main
  • Area: 725
  • Dimensions: 29 X 25

Master Bedroom

  • Level: Main
  • Area: 304
  • Dimensions: 19 X 16

Property

Details

  • Parcel number: 32403000007002000003.0
  • Zoning: R-1A

Features

  • Levels: One
  • Stories: 1
  • Entry location: Entry Level Living Area Y
  • Private pool: Yes
  • Pool features: Heated,In Ground,Salt Water
  • Patio & porch: Covered,Patio,Porch
  • Exterior features: Outdoor Kitchen,Outdoor Living Area
  • Has spa: Yes
  • Has view: Yes
  • View description: Pool,River
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: Navigable Water,River Front

Lot

  • Lot size: 0.35 Acres
  • Features: 1/4 to 1/2 Acre Lot
  • Lot size dimensions: 105.0 ft x 144.0 ft

Parking

  • Total spaces: 3
  • Parking features: Attached,Circular Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

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
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Strong Wind
Tsunami

FEMA Declared Disasters in Indian River County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $26,799$321,588
Home Insurance *$10,134$121,608
Property Taxes $6,662$79,944
Electricity $403$4,836
Total$43,998$527,976
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,508,502/yr
40% on housing$1,319,940/yr
45% on housing$1,173,280/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,323This listing

vs Other Active Listings

Avg $/sqft

ZIP 32963$1,005
Indian River County$313

vs Homes Sold Last Month

Median $/sqft

ZIP 32963$471
Indian River County$239

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

DateEventPrice
2026-04-22Price change$5,300,000
2025-07-14Price change$5,500,000
2025-04-03Price change$5,999,000
2025-01-07Listed for sale$6,500,000
2024-07-14Listing removed--
2024-04-30Listed for sale$7,450,000
2024-04-17Listing removed--
2023-12-13Listing removed$7,900,000
2023-06-15Listed for sale$7,900,000
2022-03-03Sold$4,900,000
2020-07-08Sold$1,100,000
2020-07-03Pending sale$1,250,000
2020-02-19Price change$1,250,000
2019-12-01Listed for sale$1,295,000
2016-11-15Sold$1,250,000
2016-05-04Listed for sale$1,400,000
2013-03-05Sold$675,000
2012-11-30Listed for sale$710,000
2001-05-16Sold$650,000

For Sale by Agent

AgentMichelle T Clarke
BrokerageDale Sorensen Real Estate Inc.

Similar Homes