When was property at 505 River Drive built and last sold?

The property at 505 River Drive was built in 1974 and last sold on Jun 8, 2012 for $1,900,000.

How much is this home worth?

The estimated value of the home located at 505 River Drive is $0.

What are some comparable homes to 505 River Drive?

There are currently no comparable homes to 505 River Drive.

Vero Beach

32963

505 River Drive

$1,900,000

● House - Off Market

505 River Drive

Vero Beach, FL 32963

3 Beds

4 Baths

3,520 Ft²

$4,726,370

RealtyHop Estimate

115.32%

Since Jul 1, 2012

National-US

Primary Model

Unit Size

3,520 Ft²

Days on Market

91 days

Land Size

Price per sqft

$624

Property Type

House

Property Taxes

$1,547

HOA Dues

Year Built

1974

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R3271873)

Price History

Date / Event	Date	Event
Jul 6, 2012	Sold	Premium
Sold
Mar 26, 2012	Listed by Premier Estate Properties Inc	$2,195,000
Listed by Premier Estate Properties Inc
Jun 11, 2002	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1974

Effective Year Built: 1998
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Bathroom Plumbing Fixtures: 11
Building Condition: 0
Building Quality: 1
Construction Type: 12
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 11
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 598
Parking Space Count: 2
Patio Type: 11
Porch Type: 102
Pool Type: 8
Location Influence Type: 71

Dimensions

Lot Size Square Feet: 26,136

Lot Size Depth Feet: 2,009
Lot Size Frontage Feet: 1,346
Total Building Area: 4,140
Gross Building Area: 4,140
Building Area: 3,542
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 3,542
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: REPLAT OF RIOMAR BAY UNIT 1
Land Acres: 0000000600
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: RIOMAR BAY UNIT 1 REPLAT OF LOT 31 PBI 6-65 & 65A

Neighborhood

School District Name: Indian River County School District

Census Tract: 050504

Zoning

Zoning: R-1AA

Geography

Parcel: 33-40-05-00006-0000-00031.0

Lot: 31
Meridian: SEC 05 TWN 33S RNG 40E
Municipality: CITY OF VERO BEACH
Latitude: 27.6405
Longitude: -80.3637

Address

Full Address: 505 River Dr

Legal Unit: 1
Address - House Number: 505
Address - Street Name: River
Address - Suffix Type: Dr
State: FL
City Name: Vero Beach
Carrier Code: C016
4-Digit Zip Code: 2127
Zip Code: 32963

Valuation

Tax

Total Area: 4,220

Tax Year: 2022
Tax Amount: $2,243,430
Tax Rate Code Area: 8

Appraisal Valuation

Standard Deviation: 0.1883

Valuation Date: Jan 03, 2024
Confidence Score: 75
Final Value: 3,062,908
High Value: 3,639,734
Low Value: 2,486,082

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $2,136,315

Market Land Value: $1,372,818
Market Improvement Value: $763,497

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,470,756

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 08, 2012

Current Sale Recording Date: Jul 06, 2012
Current Sale Price:

Premium
Current Sale Document Type: 69
Current Sale Input Document Number: 2221409
Previous Sale Recording Date: Jun 11, 2002
Previous Sale Contract Date: Jun 06, 2002
Previous Sale Amount: $860,000
Previous Sale Document Type: 69

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Vero Beach

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$333

Below Asking

0.04%

Average Days on Market

Average Home Size

1966 ft²

Average Home Age

47.2 years

Currently For Sale

206 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 476 19th Place, Vero Beach, FL, 32960

$2,900 /mo

3 Beds
3 Baths
1,614 ft²

476 19th Place, Vero Beach, FL, 32960 Listing by Katelyn M O'Neal

Unit for rent at 400 18th Street, Vero Beach, FL, 32960

$2,450 /mo

2 Beds
2 Baths
1,130 ft²

400 18th Street #B6, Vero Beach, FL, 32960 Listing by Cindy Campbell Hawthorne

Unit for rent at 528 13th Place, Vero Beach, FL, 32960

$1,750 /mo

3 Beds
2 Baths
1,102 ft²

528 13th Place #528, Vero Beach, FL, 32960 Listing by Roberto E Berlingieri

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Joseph G Liguori
Premier Estate Properties Inc
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R3271873

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

505 River Drive

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Vero Beach

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions