$9,900,000
716 Reef Road
Vero Beach, FL 32963
Listing updated: April 21, 2026 at 4:37 PM ET
Listing courtesy of Engel & Volkers Clermont · Michelle Bustamante · MLS #G5111290 · Active · 407-905-6700Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Garage spaces
Flood zone
About this home
The ocean does all the talking here !! Come and experience this extraordinary opportunity to own a rare, direct oceanfront estate where timeless architecture meets unobstructed coastal views. The home offers panoramic ocean views from both upstairs and downstairs. The home has been thoughtfully designed with expansive living spaces, walls of glass, and refined finishes which captures the essence of luxury living by the sea. With sweeping views, immediate beach access, and a setting that cannot be replicated, the property is ideal for those seeking a private coastal home in an unparalleled location. The home was built in 2010, with approximately 7,000 square feet of living space. The existing roof was fully replaced with a new metal roof in February 2026. The home offers five bedrooms, five bathrooms, and one half bath. Large open living areas flow from one space to another, with an abundance of natural light. There is an elevator connecting the floors, making access between levels easy and seamless. The flooring is wood and marble with beautiful French doors facing the ocean. The chef friendly kitchen is equipped with a large kitchen island and pantry. In addition to an eat-in kitchen area, there's a distinct formal dining space for dinners with guests. The five bedrooms are large with walk-in closets and built-in shelving. The bathrooms have marble and custom tile. The primary bathroom has separate showers with elegant fixtures. The home also offers an unfinished bonus room with air conditioning already installed. The new owners can add their personal touch to this one thousand square foot area for a private studio, office or game room. The pool area and backyard are absolutely stunning and one hundred and sixty four feet of private ocean frontage awaits the lucky buyers. Simply put, this property delivers space, privacy, and oceanfront presence at a level few homes can match. Bring your buyers for a showing, they will definitely thank you !!
Local Insight
At nearly $10M for a 1954 house on the Treasure Coast, you're paying a significant premium for waterfront acreage and Vero's preservation-minded appeal rather than turnkey luxury—the per-square-foot price is high for the age, so the real value here is the 1.75 acres and location within a development-controlled barrier island community that resists overdevelopment. The low HOA and flood zone X designation are practical pluses, but a serious buyer should factor in whether a 70-year-old structure on this price point aligns with their vision or if the lot itself is the primary draw for redevelopment. This property sits in the sweet spot of Vero's sophistication and scarcity, but it's a lifestyle and land play, not a move-in-ready estate.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveApr 20, 2026
- Listed$9,900,000Apr 20, 2026
- Price increased$9,900,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Subdivision
- Floralton Beach Sub 1
- County
- Indian River
- Year built
- 1954
- Living area
- 7,687 sq ft
- Price/sq ft
- $1,288
- Building area
- 9,765 sq ft (Owner)
- Lot size
- 76,230 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X (12061C0379J)
- Garage
- 4 spaces
- Pool
- Private pool
- Annual taxes
- $97,183 (2025)
- Parcel #
- 33-40-22-00001-0001-00001.0
- Zoning
- RS-3
- MLS #
- G5111290
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 4
- Half bathrooms
- 1
- Flooring
- Marble, Wood
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Range, Refrigerator, Washer
- Interior features
- Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, High Ceilings, L Dining, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry
- Electric Dryer Hookup, Inside, Laundry Room
- Stories / Levels
- Two
- Direction faces
- West
- Fireplace
- Yes
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 4
- Attached garage
- Yes
- Parking features
- Covered, Driveway, Garage Door Opener, Ground Level, On Street, Oversized, Basement
HOA & Financial
- HOA fee
- $54 / Monthly
- Monthly HOA
- $54/mo
- Total monthly fees
- $54/mo
- Total annual fees
- $648
- HOA name
- Manager
- CDD
- No
- Min lease term
- 8-12 Months
- Listing terms
- Cash, Conventional, FHA, Other, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Please refer to the HOA documents regarding any lease restrictions.
Exterior & Construction
- Exterior features
- Balcony, French Doors, Outdoor Shower, Private Yard
- Construction materials
- Block, Concrete, Stucco
- Roof
- Metal
- Foundation
- Block, Concrete Perimeter
- Pool
- Private pool
- Waterfront
- Yes
- Water view
- Yes
- Road surface
- Other
Utilities
- Sewer
- Septic Tank
- Water source
- Public, Well
- Utilities
- Phone Available, Public, Sprinkler Well, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 22x26.5 |
| Bedroom 2 | First | 25x24 |
| Bedroom 3 | First | 30x13 |
| Bedroom 4 | First | 20.7x10.6 |
| Primary Bedroom | Second | 26.5x22 |
| Primary Bathroom | Second | 32.4x21 |
| Living Room | First | 32.6x27 |
| Dining Room | First | 24x15.4 |
| Dinette | First | 15x10.5 |
| Bonus Room | Second | 40x28 |
Listing Details
- Listing date
- 2026-04-20
- On market date
- 2026-04-20
- Original list price
- $9,900,000
- Occupant type
- Owner
- MLS area
- 32963 - Vero Beach
- Listing AOR
- Lake and Sumter
- Status changed
- 2026-04-20
- Tax legal description
- PLAT NO 1 FLORALTON BEACH PBI 3-20 BLK A LOT 1 TOGETHER WITH ALL LITTORAL AND RIPARIAN RIGHTS THEREUNTO BELONGING OR APPERTAINING FROM THE SW COR OF GOV LOT 1 SEC 22 RUN E ON THE S BNDY LINE OF SAID GOV LOT 1 FOR A DIS OF 610.84 TO THE POINT OF INTSC N OF
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-95 Take Exit 147 for FL-60 toward Vero Beach. Continue east on FL-60 toward the coast. Turn right (south) onto Indian River Boulevard (US-1). Turn left onto 17th Street/ State Road 656, cross over the Intracoastal Waterway (17th Street Bridge). Continue onto the barrier island and go south on A1A. Then go left on Seagrape Drive and right on Reef Road.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of April 21, 2026 at 4:37 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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