When was property at 865 Riomar Drive built and last sold?

The property at 865 Riomar Drive was built in 1998 and last sold on Dec 14, 2017 for $2,275,000.

How much is this home worth?

The estimated value of the home located at 865 Riomar Drive is $5,928,207.

What are some comparable homes to 865 Riomar Drive?

There are currently no comparable homes to 865 Riomar Drive.

Vero Beach

32963

865 Riomar Drive

$5,600,000

● House - Off Market

865 Riomar Drive

Vero Beach, FL 32963

4 Beds

5 Baths, 1 Half Bath

5,002 Ft²

$33,581

Est. Monthly

-0.36%

Cap Rate

About This Property

Nestled in the historic neighborhood of Riomar, this estate showcases the epitome of luxury living & is just steps to the most pristine beach! Renovated to the studs in 2013 & complete professional redecorating/renovations in '23. 3BR/3.5BA in main house + 1BR/1BA guest house. Gourmet kitchen is a chef's dream. 1,000+ bottle wine cellar. Limestone flrs thru-out. Primary suite complete w/ gas fireplace. Outdoor living/dining rm surrounds a beautifully landscaped & private back garden, custom pool w/ misting system for bugs. Private putting green. Full house generator. Size approx/subj to error

Unit Size

5,002 Ft²

Days on Market

278 days

Land Size

Price per sqft

$1,199

Property Type

House

Property Taxes

$4,144

HOA Dues

Year Built

1998

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Indian River #278076)

Price History

Date / Event	Date	Event
Feb 10, 2025	Sold	Premium
Sold
Jan 16, 2025	In contract	-
In contract
May 8, 2024	Listed by Dale Sorensen Real Estate Inc.	$5,995,000
Listed by Dale Sorensen Real Estate Inc.
Jan 13, 2024	No longer available	-
No longer available
Oct 12, 2023	Price Decreased	$6,495,000 ↓ $995K (13.3%)
Price Decreased
Jul 14, 2023	Listed by Dale Sorensen Real Estate, Inc.	$7,490,000
Listed by Dale Sorensen Real Estate, Inc.

	Nestled in the historic neighborhood of Riomar, this estate showcases the epitome of luxury living. This turnkey property was renovated to the studs in 2013 & underwent complete professional redecorating & renovations in 2023. 3bds & 3.5bths in the main house + 1BR/1BA guest house. The gourmet kitchen is a chef's dream. 1,000+ bottle wine cellar. Limestone flrs throughout. Primary suite, complete w/ gas fireplace and a huge walk in closet. Beautifully landscaped back garden, custom pool, misting system for bugs. Private putting green. Full house generator. Size are approx/subj to error.
Aug 23, 2022	No longer available	-
No longer available
Jun 27, 2022	Listed by Dale Sorensen Real Estate Inc.	$5,900,000
Listed by Dale Sorensen Real Estate Inc.

	Stunning masterpiece in Historic Riomar set on oversized private property offering 3BR/3.5BA + 1BR/1BA guest house. Spectacular gourmet kit w/ 1,000+ bottle wine cellar. Lovely master w/ fireplace, lanai w/vaulted ceilings & fireplace overlooking stunning saltwater pool & putting green. 3 car garage, hurricane prepared, generator. Walk to beaches/dining. Sizes approx./subj to error.
Mar 8, 2022	No longer available	-
No longer available
Feb 24, 2022	In contract	-
In contract
Feb 3, 2022	Relisted	$5,900,000
Relisted
Jan 18, 2022	In contract	-
In contract
Nov 12, 2021	Listed by Dale Sorensen Real Estate Inc.	$5,900,000
Listed by Dale Sorensen Real Estate Inc.

	Complete remodel new 2013 in Historic Riomar. 3BR/3.5BA main house + 1BR/1BA full guest house. Gourmet kitchen & 1,000+ bottle wine cellar. Wide-plank wood floors, master w/gas fireplace & large island closet w/built-ins. Lanai w/vaulted ceilings & fireplace overlooking stunning saltwater pool & putting green. full house generator. Walk to beaches & dining. Sizes approx./subj to error.
Dec 15, 2017	Sold	Premium
Sold
Jun 7, 2012	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1998

Effective Year Built: 2005
Building Count: 2
Total Rooms: 8
Bedroom Count: 3
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Bathroom Plumbing Fixtures: 19
Building Condition: 0
Building Quality: 1
Construction Type: 12
Building Style: 25
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 14
Floor Count: 100
Living Units: 1
Floor Cover: 11
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 1
Garage Square Area: 1,181
Parking Space Count: 4
Patio Type: 13
Porch Type: 102
Pool Type: 8
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 30,492

Lot Size Depth Feet: 1,750
Lot Size Frontage Feet: 1,750
Total Building Area: 6,183
Gross Building Area: 6,183
Building Area: 5,002
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 5,002
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: RIOMAR SUBDIVISION PLAT NO 2
Land Acres: 0000000700
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: PLAT NO 2 RIOMAR SUBDIVISION BLK 1 THE W 50 FT OF LOT 8 & LOT 9 PBI 2-27

Neighborhood

School District Name: Indian River County School District

Census Tract: 050504

Zoning

Zoning: R-1AA

Geography

Parcel: 33-40-05-00001-0010-00008.0

Block: 1
Lot: 8,9
Meridian: SEC 05 TWN 33S RNG 40E
Municipality: CITY OF VERO BEACH
Latitude: 27.6453
Longitude: -80.3564

Address

Full Address: 865 Riomar Dr

Address - House Number: 865
Address - Street Name: Riomar
Address - Suffix Type: Dr
State: FL
City Name: Vero Beach
Carrier Code: C001
4-Digit Zip Code: 2032
Zip Code: 32963

Valuation

Tax

Tax Year: 2022

Tax Amount: $3,258,100
Tax Rate Code Area: 8

Appraisal Valuation

Standard Deviation: 0.195

Valuation Date: Jan 17, 2024
Confidence Score: 74
Final Value: 4,457,076
High Value: 5,326,385
Low Value: 3,587,767

Market Valuation

Market Total Value: $2,870,398

Market Land Value: $1,197,624
Market Improvement Value: $1,672,774

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $2,112,867

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Dec 14, 2017

Current Sale Recording Date: Dec 15, 2017
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120170072200
Previous Sale Recording Date: Jun 07, 2012
Previous Sale Contract Date: Jun 07, 2012
Previous Sale Amount: $1,170,000
Previous Sale Document Type: 71

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 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 2800 Indian River Boulevard, FL, 32960

$2,500 /mo

2 Beds
2 Baths
1,000 ft²

2800 Indian River Boulevard #1, FL, 32960 Listing by Peter G Robinson

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Elizabeth M Sorensen, Dale Sorensen Real Estate Inc.
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 278076

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.

865 Riomar 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