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3700 Ocean Dr, Vero Beach, FL, 32963

8beds
12baths
18,000sqft
$35,000,000
$1,944price/sqft
$293,013/moest. monthly cost
$11,720,520/yrincome needed

About This Home

In the heart of Vero’s seaside downtown, this walled & gated oceanfront compound is secluded by the privacy of meticulously landscaped grounds. Featuring reinforced concrete & steel construction anchored by 255 pilings, plus floor-to-ceiling impact windows & doors for ultimate weather readiness & peace of mind. 8 beds, 12 baths, garage parking for 10 cars, & multiple kitchens. Effortlessly control the ambiance, comfort, security & entertainment w/ the Savant home automation system. Resort-like living w/ 2 pools, incl. an 80’ oceanfront infinity pool. Sep. 3-bed guest house.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

7/10
7/10
Gifford Middle SchoolGrades 6-83.6 mi
5/10
Vero Beach High SchoolGrades 9-123.5 mi

Construction

Condition

  • Year built: 2014

Materials

  • Roof: Rolled/Hot Mop
  • Construction materials: Concrete,Steel

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Oven,Cooktop,Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Range,Refrigerator,Wine Cooler,Washer
  • Laundry features: Lower Level,Laundry Room,Laundry Tub,Upper Level

Bedroom

  • Dimensions: 15X23

Bedroom

  • Dimensions: 19X14

Bedroom

  • Dimensions: 20X15

Bedroom

  • Dimensions: 20X22

Bedroom

  • Dimensions: 15X21

Bedroom

  • Dimensions: 16X20

Bedroom

  • Dimensions: 16X20

Bedroom

  • Dimensions: 20X21

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 12
  • Full bathrooms: 8
  • 1/2 bathrooms: 4

Den

  • Dimensions: 16X11

Dining Room

  • Dimensions: 15x12

Exercise Room

  • Dimensions: 10X22

Family Room

  • Dimensions: 19X18

Features

  • Wet Bar,Closet Cabinetry,Elevator,High Ceilings,Kitchen Island,Pantry,Walk-In Closet(s),Central Vacuum
  • Door features: Sliding Doors
  • Flooring: Marble,Slate,Tile,Wood
  • Number of fireplaces: 3
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 18,000 sqft

Kitchen

  • Dimensions: 24X20

Living Room

  • Dimensions: 30X43

Property

Details

  • Parcel number: 32403100007019000004.0
  • Zoning: ,
  • Zoning description: Residential
  • Other equipment: Generator

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Pool,Private
  • Patio & porch: Covered,Porch
  • Exterior features: Built-in Barbecue,Balcony,Barbecue,Sprinkler/Irrigation,Outdoor Kitchen,Outdoor Shower,Porch,Propane Tank - Owned
  • Has spa: Yes
  • Spa features: Hot Tub
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes
  • Waterfront features: Ocean Access,Ocean Front
  • Frontage length: 200
  • Living area range: OVER 9000

Lot

  • Lot size: 1.41 Acres
  • Features: 1-3 Acres,Additional Land Available
  • Lot size dimensions: 200 x 307

Parking

  • Total spaces: 4
  • Parking features: Attached,Driveway,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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 $176,979$2,123,748
Home Insurance *$66,924$803,088
Property Taxes $47,299$567,588
Electricity $1,811$21,737
Total$293,013$3,516,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$10,046,160/yr
40% on housing$8,790,390/yr
45% on housing$7,813,680/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

$1,944This listing

vs Other Active Listings

Avg $/sqft

ZIP 32963$994
Indian River County$312

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
2026-05-19Listed for sale$35,000,000
2026-03-12Listing removed$28,950,000
2025-08-12Price change$28,950,000
2024-12-13Listed for sale$39,000,000
2024-06-04Listing removed--
2023-12-18Listed for sale$42,000,000
2023-12-15Listing removed$42,000,000
2023-12-15Listed for sale$42,000,000
2021-06-28Sold$16,813,000
2021-02-03Listing removed--
2020-08-13Price change$19,950,000
2018-05-16Price change$21,950,000
2017-01-04Price change$29,995,000
2016-02-10Listed for sale$35,000,000
2011-08-15Sold$2,000,000

For Sale by Agent

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

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