126 Ocean Way

Vero Beach, FL 32963

$4,850,000
Price
47,044 / 1.08
Lot Size / Acres

Description

Located in the desirable guard-gated community of Seagrove, 126 Ocean Way is the only remaining oceanfront lot in this impeccably maintained South Beach neighborhood. With more frontage than the average oceanfront homesite, this lot features an impressive 120± feet along the Atlantic and totals 1.08± acres, offering plenty of space to design your perfect oceanfront retreat. A short drive from Vero's seaside downtown with its boutique shops and restaurants, Vero Beach Museum of Art, and Riverside...Located in the desirable guard-gated community of Seagrove, 126 Ocean Way is the only remaining oceanfront lot in this impeccably maintained South Beach neighborhood. With more frontage than the average oceanfront homesite, this lot features an impressive 120± feet along the Atlantic and totals 1.08± acres, offering plenty of space to design your perfect oceanfront retreat. A short drive from Vero's seaside downtown with its boutique shops and restaurants, Vero Beach Museum of Art, and Riverside Theatre, and only 10 minutes from Vero Beach Regional Airport.
  1. Listed by Cindy J O'Dare • One Sotheby's Int'l Realty • 772-713-5899
  2. Listed by Richard D Boga • One Sotheby's Int'l Realty

Property Details for 126 Ocean Way

Subdivision Name
Seagrove
Waterfront
Yes
Waterfront Features
OceanAccess, OceanFront, BeachAccess
View
Ocean

Location

Listing Courtesy of One Sotheby's Int'l Realty
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LISTING UPDATED: 05/06/2024 04:05 PM

Property Details for 126 Ocean Way

StatusActive
MLS #278022
Days on Market26
Taxes$26,401 / year
HOA Fees$227
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.08 AC
CountyIndian River County

Location

Listing Courtesy of One Sotheby's Int'l Realty
Add your commute

Building Information for 126 Ocean Way

Lot Size1.08 AC

Payment Calculator

$28,896 per month

30 year fixed, 7.25% Interest

Principal and Interest

$26,468

Property Taxes

$2,200

HOA Dues

$227

The Payment Calculator is for illustrative purposes only.

Property Information for 126 Ocean Way

Summary
Location and General Information
  • Community Features: StormDrains
  • Directions: A1A south to Seagrove East. Guard will direct.
  • Postal City: Vero Beach
  • Zoning: ,
  • Zoning Description: Residential
  • Road Surface Type: Paved
Taxes and HOA Information
  • Association Fee: $227.33
  • Association Fee Includes: CommonAreas, Security
  • Association Name: Elliott Merrill
  • Tax Annual Amount: $26,401.00
  • Tax Assessed Value: 1896444
  • Tax Block: K
  • Tax Legal Description: SEAGROVE SOUTH UNIT TWO BLK K LOT 9 PBI 11-51
  • Tax Lot: 9
  • Tax Year: 2023
Property
Lot Information
  • Current Use: SingleFamily
  • Lot Features: Item13Acres
  • Lot Size Acres: 1.08
  • Lot Size Area: 1.08
  • Lot Size Dimensions: 120X399
  • Lot Size Range: 1 to 3 Acres
  • Lot Size Square Feet: 47044.0
  • Lot Size Units: Acres
  • Parcel Number: 33401600013001100009.0
  • Possible Use: Residential
Property and Assessments
  • Human Modified: No
  • Number Of Lots: 1
  • Security Features: GatedwithGuard
  • Frontage Length: 120
  • Property Type: Land
Utilities
  • Sewer: NotConnected
  • Utilities: CableAvailable
  • Water Source: NotConnected, Public
Interior and Exterior Features
Exterior Features
  • View: Yes
Rental Information
Rent Information
  • Restrictions: DeedRestrictions, NoMotorcycles, NoRV, NoTruck

Property History for 126 Ocean Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 126 Ocean Way

Taxable ValueLand$1,896,444Additions-Total$1,896,444
Tax Record2023$26,401 ($2,200 / month)
Home Facts
Beds0Lot Size47,045 SqFtStyleResidentialZoningRS-3CountyINDIAN RIVERAPN33-40-16-00013-0011-00009.0

Schools near 126 Ocean Way

This home is within Indian River.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Beachland Elementary School
PublicK to 5

Gifford Middle School
Public6 to 8

Vero Beach High School
Public9 to 12

Osceola Magnet School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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126 Ocean Way is a 1.08 ac of land for sale in Vero Beach, FL 32963. This property was listed for sale on May 6, 2024 by One Sotheby's Int'l Realty, it's currently listed at $4,850,000. It has been on the market for a total of 26 days and was last sold on February 2, 2004. This listing's school district is Indian River. Nearby schools include Beachland Elementary School, Gifford Middle School and Vero Beach High School. 126 Ocean Way is a 0-bed, 0-bath, 1.08 ac of land on a 47,044 sq. ft. / 1.08 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of One Sotheby's Int'l Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.