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2743 Ocean Dr APT 47E, Vero Beach, FL, 32963

2beds
2baths
1,712sqft
$699,000
$408price/sqft
$5,480/moest. monthly cost
$219,200/yrincome needed

About This Home

MUST SEE! This elegantly renovated south-facing condo offers over 1,700sq.ft of refined coastal living with ocean views, a sophisticated open layout, soft wood flooring, and a gourmet kitchen appointed with Carrara marble counters. The serene primary suite features an updated bath with a walk-in shower, and the guest bath is updated as well. A perfect place to relax. Spacious patio offers sunrises, sunsets and space shuttle launches. Rare opportunity to own a turnkey luxury retreat. Walk to beach access! Prime in-town location is just a short walk from upscale shops, fine dining and parks.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

7/10
7/10
Gifford Middle SchoolGrades 6-84.1 mi
5/10
Vero Beach High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Other,Rolled/Hot Mop
  • Construction materials: Block,Concrete

Type & Style

  • Home type: Condo
  • Architectural style: Three Story
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Disposal,Microwave,Range,Refrigerator,Washer
  • Laundry features: Common Area,Laundry Room,In Unit

Bedroom

  • Dimensions: 18x13

Bedroom

  • Dimensions: 15x12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Dimensions: 12x11

Features

  • Crown Molding,Walk-In Closet(s)
  • Door features: Sliding Doors
  • Window features: Single Hung
  • Flooring: Tile,Wood

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,712 sqft

Kitchen

  • Dimensions: 12x08

Living Room

  • Dimensions: 26x16

Porch

  • Dimensions: 12x08

Property

Details

  • Parcel number: 32403200017005000047.0
  • Attached to another structure: Yes
  • Zoning: ,
  • Zoning description: Residential

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Exterior features: Sprinkler/Irrigation
  • Has view: Yes
  • View description: Other
  • Waterfront features: None
  • Living area range: 1601-1800

Lot

  • Features: Other

Parking

  • Parking features: Assigned,Uncovered
  • 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
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
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 $3,534$42,408
Home Insurance *$1,336$16,032
Property Taxes $413$4,956
Electricity $197$2,366
Total$5,480$65,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$187,885/yr
40% on housing$164,400/yr
45% on housing$146,133/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

$408This listing

vs Other Active Listings

Avg $/sqft

ZIP 32963$1,021
Indian River County$316

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
2026-08-17Price change$675,000
2026-08-03Listed for sale$699,000
2026-07-01Listing removed$699,000
2026-04-25Price change$699,000
2026-03-12Price change$739,000
2026-02-09Price change$789,000
2026-01-26Price change$825,000
2025-12-04Listed for sale$849,000

For Sale by Agent

AgentJanyne F Kenworthy
BrokerageOne Sotheby's Int'l Realty

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