$10,000

closing credit¹

1507 Ocean Dr Unit 5 Vero Beach, FL 32963

$1,580,000
3 beds
3 full, 1 partial
2,356 sqft
$671 / sqft
Condo

Property details

About 1507 Ocean Dr Unit 5

Sophisticated coastal living awaits in this elegant three-story home in a gated enclave with deeded beach access. Featuring three bedrooms, three-and-a-half baths, an office/den, hardwood floors, and a two-car garage, this turnkey impeccable property offers comfort and style. Enjoy a heated community pool and proximity to Ocean Drive’s dining, shopping, and entertainment. Perfect as a vacation retreat or year-round residence, this luxurious home combines casual elegance with ultimate island convenience. Furnishings available

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size2,356 sqft
Year built2007
ParkingGarage
MLS #283251
Garage2 spaces
WaterfrontBeach
ViewPool

Summary

  • MLS Number: 283251
  • MLS Name: IndianRiver
  • Office Name: Douglas Elliman Florida LLC
  • Office Phone: (561) 427-3958
  • Listing Agent: Michael T Merrill

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. The information being provided is 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. Information deemed reliable but not guaranteed. Copyright© 2025 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 3:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,580,000

1507 Ocean Dr Unit 5

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Beachland Elementary School

Public District PK-5

2.0 mi

3350 Indian River Dr E

4

Vero Beach Elementary School

Public District PK-5

3.2 mi

1770 12th St

5

Citrus Elementary School

Public District PK-5

4.1 mi

2771 4th Pl

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $112,031. Typical income of Vero Beach, FL residents is between $100k-200k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

15%
<35k
28%
35k-100k
41%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

42%
Single, No Kids
3%
Single, with Kids
46%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
6%
12-17 yrs old
9%
18-34 yrs old
40%
35-64 yrs old
39%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • CadillacCadillac
  • MazdaMazda
  • LexusLexus

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1507 Ocean Dr Unit 5

This home is located at 1507 Ocean Dr Unit 5 in Vero Beach, FL and zip code 32963 in the Village by the Sea neighborhood. This 2,356 square foot home was built in 2007. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $1,580,000.

In January 2025, from all listings sold in Vero Beach, FL there were more than 14 sold above asking price, over 128 sold below and more than 23 were sold right at the asked price. In January 2025 in Vero Beach, FL there were 18.5% more homes for sale than in December. Listings spent 90 days on the market in January 2025, and had a median list price of $418,017 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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