Check Availability
$7,200,000
↓ $300K (4%)
House - For Sale

246 Ocean Way

Vero Beach, FL 32963
bedrooms
3 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
6636 Sqft
$37,218
Estimated Monthly
$227
HOA / Fees
0.14%
Cap Rate

About This Property

This spectacular oceanfront home located in the guard-gated community Seagrove has unparalleled panoramic views from each level of this 2-story, 6,636 square foot home. Over 120' of ocean frontage on this highly elevated .83-acre lot. Custom crafted woodwork throughout living areas featuring teak flooring, open treaded staircase, kitchen cabinetry, mahogany doors, and trims. First floor also features a one-of-a-kind bonus room – over 1,400+ square feet to have fun: play pool, ping pong, or relax and do yoga!

The manager has listed the unit size as 6636 square feet.
Unit Size
6,636Ft²
Days on Market
347 days
Land Size
0.83 acres
Price per sqft
$1,085
Property Type
House
Property Taxes
$1,637
HOA Dues
$227
Year Built
1987

Listed By

Last updated: 2 months ago (RAIRCFL #269442)

Price History

Date / Event Date Event Price
May 1, 2024 Price Decreased $7,200,000
↓ $300K (4%)
Price Decreased
Mar 11, 2024 Price Decreased $7,500,000
↓ $1M (11.8%)
Price Decreased
Jun 25, 2023 Listed by Alex MacWilliam, Inc. Real Estate $8,500,000
Listed by Alex MacWilliam, Inc. Real Estate

Property Highlights

Exterior Details

Exterior Information

Block
Concrete Block

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: unknown
  • Garage Square Area: 368
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 36,155
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 7,004
  • Gross Building Area: 7,004
  • Building Area: 6,636
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SEAGROVE SUBDIVISION UNIT 3
  • Land Acres: 0.83
  • Legal Description 1: SEAGROVE SUBDIVISION UNIT 3 BLK E LOT 3 PBI 10-21

Ownership

  • Is Owner Occupied: unknown
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050508

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 33-40-16-00008-0005-00003.0
  • Block: E
  • Lot: 3
  • Meridian: SEC 16 TWN 33S RNG 40E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6071
  • Longitude: -80.3376

    Address

  • Full Address: 246 Ocean Way
  • Legal Unit: 3
  • Address - House Number: 246
  • Address - Street Name: Ocean
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R008
  • 4-Digit Zip Code: 2627
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 6,158
  • Tax Year: 2022
  • Tax Amount: $19,646
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.4956
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 82
  • Final Value: 5,526,201
  • High Value: 6,338,037
  • Low Value: 4,714,366

    Market Valuation

  • Market Total Value: $3,410,460
  • Market Land Value: $2,064,480
  • Market Improvement Value: $1,345,980

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,429,438

    Exemptions

  • Homeowner Exemption: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Beach


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1155 Reef Road, Vero Beach, FL, 32963

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,547 ft²
1155 Reef Road #B2, Vero Beach, FL, 32963 Listing by Angela Waldrop
Unit for rent at 935 E Causeway Boulevard, Vero Beach, FL, 32963

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,091 ft²
935 E Causeway Boulevard #601, Vero Beach, FL, 32963 Listing by Heather Delamarter
Unit for rent at 910 E Causeway Boulevard, Vero Beach, FL, 32963

$3,000 /mo

  • 2 Beds
  • 2 Baths
910 E Causeway Boulevard #B5, Vero Beach, FL, 32963 Listing by Heather Delamarter


Frequently Asked Questions

When was property at 246 Ocean Way built and last sold?
The property at 246 Ocean Way was built in 1987 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 246 Ocean Way is $7,075,946.
What are some comparable homes to 246 Ocean Way?
There are currently no comparable homes to 246 Ocean Way.

Quantcast