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1520 Indian Bay Dr, Vero Beach, FL, 32963

5beds
7baths
4,644sqft
$5,950,000
$1,281price/sqft
$49,582/moest. monthly cost
$1,983,280/yrincome needed

About This Home

Centrally located deepwater estate on over half an acre, w/ 161± ft of bulkhead. Concrete block construction. Impact windows/doors. 5 beds + office, 6.5 baths, 3-car AC garage. Completely updated by Huryn Construction, marble kitchen w/ Wolf appliances, engineered wood floors, whole house generator, 2025 Trex dock, 2021 seawall, 2020 roof, new Control4 smart home system, 3 Euro Cave wine coolers w/ 690-bottle capacity, new pool deck, driveway & landscaping, and converted to STEP system. Covered outdoor dining area with summer kitchen, beach-entry pool w/ spa, pergola, & 2 firepits.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

7/10
7/10
Gifford Middle SchoolGrades 6-84.6 mi
5/10
Vero Beach High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 2008

Materials

  • Roof: Tile
  • Construction materials: Block,Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Oven,Dryer,Dishwasher,Disposal,Gas Water Heater,Range,Refrigerator,Wine Cooler,Washer
  • Laundry features: Laundry Room

Bedroom

  • Dimensions: 19X15

Bedroom

  • Dimensions: 14X15

Bedroom

  • Dimensions: 13X15

Bedroom

  • Dimensions: 13X14

Bedroom

  • Dimensions: 17X11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Den

  • Dimensions: 15X13

Dining Room

  • Dimensions: 15X14

Features

  • Closet Cabinetry,Crown Molding,High Ceilings,Kitchen Island,Primary Downstairs,Pantry,Walk-In Closet(s),French Door(s)/Atrium Door(s)
  • Door features: French Doors
  • Window features: None
  • Flooring: Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,3+ Units

Interior Area

  • Total interior livable area: 4,644 sqft

Kitchen

  • Dimensions: 15X14

Living Room

  • Dimensions: 16X30

Media Room

  • Dimensions: 16X21

Property

Details

  • Parcel number: 33400500011000000007.1
  • Zoning: ,
  • Zoning description: Residential
  • Other equipment: Generator

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Pool,Private,Salt Water
  • Patio & porch: Covered,Patio,Porch
  • Exterior features: Built-in Barbecue,Balcony,Barbecue,Sprinkler/Irrigation,Outdoor Kitchen,Outdoor Shower,Porch,Patio,Propane Tank - Owned
  • Has spa: Yes
  • Spa features: Hot Tub
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front
  • Frontage length: 183
  • Living area range: 4501-5000

Lot

  • Lot size: 0.51 Acres
  • Features: 1/2 to 1 Acre Lot
  • Lot size dimensions: 161 x 183

Parking

  • Total spaces: 3
  • Parking features: Air Conditioned Garage,Attached,Driveway,Three Car Garage,Three or more Spaces
  • 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
  • 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 $30,086$361,032
Home Insurance *$11,377$136,524
Property Taxes $7,652$91,824
Electricity $467$5,608
Total$49,582$594,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,699,954/yr
40% on housing$1,487,460/yr
45% on housing$1,322,186/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

$1,281This listing

vs Other Active Listings

Avg $/sqft

ZIP 32963$1,005
Indian River County$314

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
2026-04-16Listed for sale$6,195,000
2018-05-28Listing removed$2,395,000
2018-03-13Price change$2,395,000
2017-06-06Listed for sale$2,495,000
2017-01-13Listing removed$2,895,000
2016-11-30Listed for sale$2,895,000
2013-03-11Sold$1,700,000
2013-01-07Listed for sale$2,450,000
2004-01-16Sold$700,000

For Sale by Agent

AgentCindy J O'Dare
BrokerageOne Sotheby's Int'l Realty

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