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503 River Drive, Vero Beach FL 32963

House Recently Sold
$5,400,000

BTC: 89.40397351

ETH: 3,386.23807762

Sold on: 2023-06-02
49 days
Waterfront
4 bds
4 ba
4,273 sqft

Overview

2020 Build in coveted Riomar Bay! Perfectly poised between the bridges, this exceptional riverfront residence was handcrafted for sophistication, luxury, and relaxation. Three en-suite bedrooms, en-suite guest house, sophisticated finishes, unparalleled outdoor living surrounded by tropical gardens, lush landscaping, pool/spa. Expansive dock/32,000# lift. The perfect private retreat!

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Parking Garage
Year Built:
2020
Lot:
0.45 Acres
Heating:
Central / Electric
Price/sqft:
$1,403
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,400,000
$2.5M – $5.4M
Confidence Low
List vs. estimate
$2.6M above estimate
List $5,995,000 · +76.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,402
+484.3% vs. city median $240
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$44,349
2022
Pool
Private
Waterfront
Canal Front, Canal
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Marble

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Gas Water Heater

    • Natural Gas Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Cooking Island

    • Entrance Foyer

    • Pantry

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Den/Library/Office

    • Great Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 2

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    Lot

    • Lot: 0.45 Acres

    Other Property Information

    • Parcel Number: 334005000060000000320

    • Zoning: R-1AA

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $44,349

  • Source details

    • MLS ID: R10867884

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Window Features: Complete Impact Glass

    • Direction Faces: South

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 3

    • Garage: Yes

    • Living Area: 4273

    • Water Source: Public

    • Subdivision Name: REPLAT OF RIOMAR BAY UNIT

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Premier Estate Properties Inc