When was property at 507 Bay Drive built and last sold?

The property at 507 Bay Drive was built in 2019 and last sold on Jun 30, 2017 for $1,825,000.

How much is this home worth?

The estimated value of the home located at 507 Bay Drive is $0.

What are some comparable homes to 507 Bay Drive?

There are currently no comparable homes to 507 Bay Drive.

Vero Beach

32963

507 Bay Drive

$8,100,000

● House - Off Market

507 Bay Drive

Vero Beach, FL 32963

6 Beds

4 Baths, 1 Half Bath

6,628 Ft²

$46,520

Est. Monthly

About This Property

Modern European meets coastal West Indies in this stunning 6,628 sq ft Riomar Bay home. Built in 2019 on a .49-acre lot with 120' of Intracoastal frontage, it offers 6BR/4.5BA including 1/1 cabana. The traditional floor plan is enhanced by modern architectural elements. Kitchen features a 16' Pompeii quartzite island. A media room anchors the 2nd floor, connecting the luxurious primary suite & guest rooms. A resort-style pool, multiple outdoor seating areas, boat dock with lift, and expansive loggias with unobstructed views of Quail Valley River Club complete this retreat. Offered furnished.

Unit Size

6,628 Ft²

Days on Market

155 days

Land Size

0.49 acres

Price per sqft

$1,305

Property Type

House

Property Taxes

$4,047

HOA Dues

Year Built

2019

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Indian River #292630)

Price History

Date / Event	Date	Event
Apr 16, 2026	Sold	Premium
Sold
Mar 17, 2026	In contract	-
In contract
Feb 7, 2026	Price Decreased	$8,650,000 ↓ $750K (8%)
Price Decreased
Nov 12, 2025	Listed by Premier Estate Properties	$9,400,000
Listed by Premier Estate Properties
Jun 30, 2017	Sold	Premium
Sold

Property Highlights

Elevator

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2019

Effective Year Built: 2019
Building Count: 1
Total Rooms: 10
Bedroom Count: 5
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Bathroom Plumbing Fixtures: 18
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: 200
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 1
Garage Square Area: 1,134
Parking Space Count: 3
Patio Type: 79
Porch Type: 102
Pool Type: 8
Location Influence Type: 198

Dimensions

Lot Size Square Feet: 23,958

Lot Size Depth Feet: 1,991
Lot Size Frontage Feet: 1,120
Total Building Area: 7,392
Gross Building Area: 7,392
Building Area: 6,258
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 6,258
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: 0000000550
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 9 PBI 6-65 & 65A

Neighborhood

School District Name: Indian River County School District

Census Tract: 050504

Zoning

Zoning: R-1AA

Geography

Parcel: 33-40-05-00006-0000-00009.0

Lot: 9
Meridian: SEC 05 TWN 33S RNG 40E
Municipality: CITY OF VERO BEACH
Latitude: 27.6434
Longitude: -80.3642

Address

Full Address: 507 Bay Dr

Legal Unit: 1
Address - House Number: 507
Address - Street Name: Bay
Address - Suffix Type: Dr
State: FL
City Name: Vero Beach
Carrier Code: C016
4-Digit Zip Code: 2163
Zip Code: 32963

Valuation

Tax

Total Area: 4,923

Tax Year: 2022
Tax Amount: $4,357,256
Tax Rate Code Area: 8

Appraisal Valuation

Standard Deviation: 0.1469

Valuation Date: Jan 03, 2024
Confidence Score: 82
Final Value: 4,748,856
High Value: 5,446,494
Low Value: 4,051,217

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 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: $3,519,427

Market Land Value: $1,142,400
Market Improvement Value: $2,377,027

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $2,828,175

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jun 30, 2017

Current Sale Recording Date: Jun 30, 2017
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120170038053

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:

$499,500

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: Melissa E Talley, Premier Estate Properties
Last Updated: 6 months ago
Data Source: RAIRC, MLS# 292630

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

507 Bay Drive

About This Property

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