Backup offers
#286826, Cindy J ODare, Listing Office: One Sothebys Intl Realty
$5,999,000 List price
524 Bay Dr Vero Beach, FL 32963
4 beds
4 full, 1 partial
5,450 sqft
$1,101 / sqft
House
Property details
About 524 Bay Dr
Rare opportunity to build your dream home in highly coveted Riomar Bay on an oversized 0.65 acre flat lot with dock on 132ft of riverfront. Buy with plans (TRM Luxury builder + Dingwall Architecture) or buy as a vacant lot for $3,499,000. Existing plans offer over 5,000 sq. ft. of living space, with almost 2,000 sq ft of outdoor covered area. Step outside to a private resort-style pool, lush landscaping, and add a guest house to create a dream destination for family and friends.
Highlights
Home typeSingle Family Residence
StatusActive
Size5,450 sqft
Year builtNew Const., 2025
MLS #285275
WaterfrontCanal, Navigable Water
ViewOther, Canal
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer, Water Heater
- Interior: High Ceilings
- Total Bedroom Count: 4
- Waterfront: Canal, Navigable Water
- View: Other, Canal
- Architectural Style: One Story
- List Price: $5,999,000
- Price/SqFt: $1,100
- Annual Tax Amount: $18,820
- Tax Year: 2023
- Lot: Waterfront
- Directions: South on A1A from Beachland Blvd. Right on Bay Drive. 524 is on the left side of the street. Just South of Quail Valley River Club.
- Year Built: 2025
- Stories: 1
- Living Area: 5,450 SqFt
- MLS Number: 285275
- MLS Name: IndianRiver
- Office Name: Dale Sorensen Real Estate Inc.
- Listing Agent: Alexis P Miller, Cathy Curley
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: 6/2/2025, 11:15:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,999,000
524 Bay Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 23, 2024 | Home Sold | $3,200,000 |
| Oct 11, 2004 | Home Sold | $1,708,200 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,246,189 | $18,820 |
| 2022 | $1,209,892 | $18,364 |
| 2021 | $1,174,652 | $18,364 |
| 2020 | $1,158,434 | $18,142 |
| 2018 | $1,111,274 | $18,193 |
| 2017 | $1,088,417 | $18,082 |
History based on county public records data.
Nearby schools
7
Beachland Elementary School
Public District PK-5
0.9 mi
•3350 Indian River Dr E
6
Vero Beach Elementary School
Public District PK-5
2.8 mi
•1770 12th St
9
Rosewood Magnet School
Public Magnet KG-5
3.8 mi
•3850 16th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $125,000. Most Vero Beach, FL residents have annual incomes $200k+. 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?
22%
<35k
25%
35k-100k
20%
100k-200k
33%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
30%
Single, No Kids
2%
Single, with Kids
58%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
5%
12-17 yrs old
4%
18-34 yrs old
38%
35-64 yrs old
47%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Skiing/snowboarding
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Cracker Barrel
What do the neighbors drive?
Cadillac
Mazda
Lexus
What do the neighbors listen to?
Classical
Rock
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 524 Bay Dr
The listing price of 524 Bay Dr property is $5,999,000.
The property 524 Bay Dr is a house located in Vero Beach, Florida, 32963.
Active Listing: 524 Bay Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 524 Bay Dr are: Beachland Elementary School (GreatSchools Rating 7/10), Vero Beach Elementary School (GreatSchools Rating 6/10), Rosewood Magnet School (GreatSchools Rating 9/10), Gifford Middle School (GreatSchools Rating 4/10), Oslo Middle School (GreatSchools Rating 4/10), Imagine at South Vero (GreatSchools Rating 8/10), Alternative Center for Education (GreatSchools Rating 2/10), Vero Beach High School (GreatSchools Rating 6/10), Indian River Charter High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $18,820 (source: MLS/based on county public records data).
The last sale was on May 23, 2024 for $3,200,000 (source: MLS/tax record).
The property at 524 Bay Dr has 4 bedrooms and 4 full and 1 half bathrooms.
The property 524 Bay Dr is 5,450 SqFt (source: MLS/tax record).
The year of construction for 524 Bay Dr is 2025.
This home is located at 524 Bay Dr in Vero Beach, FL and zip code 32963 in the Riomar Bay neighborhood. This 5,450 square foot home was built in 2025. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $5,999,000.
Over 26 listings were sold over their listed price in May 2025 in Vero Beach, FL. In the same period over 253 listings were sold below the listed price and 51 listings were sold for the listed price. The number of homes for sale in Vero Beach, FL increased by 2.6% between April and May 2025. Listings spent 105 days on the market in May 2025, and had a median list price of $400,055 during the same period.
From Rocket Homes Real Estate and based on county public records data.