740 Lagoon Rd

5,080 Sq. Ft.
$589 / Sq. Ft.
5,080
Sq. Ft.
$589
per Sq. Ft.

Description

Best buy on the water! Effective year built 2005! Nestled within the prestigious gated community of Riomar Bay II this custom-built canal home offers an unparalleled waterfront lifestyle. Relax and entertain under the beautiful covered lanai off the living rm with serene canal views; the built-in grill beckons you to dine alfresco. 4 bedrooms each boasting ensuite baths promise comfort & privacy throughout. A 2nd-floor balcony overlooks the canal, gazebo & the resort-style pool & spa. Elevator, loft,...Best buy on the water! Effective year built 2005! Nestled within the prestigious gated community of Riomar Bay II this custom-built canal home offers an unparalleled waterfront lifestyle. Relax and entertain under the beautiful covered lanai off the living rm with serene canal views; the built-in grill beckons you to dine alfresco. 4 bedrooms each boasting ensuite baths promise comfort & privacy throughout. A 2nd-floor balcony overlooks the canal, gazebo & the resort-style pool & spa. Elevator, loft, office, wood floors, and a new dock. 2-2022 & 2-2018 AC units. Sizes approx. /subj. to error.
  1. Listed by Matilde G Sorensen • Dale Sorensen Real Estate Inc. • 772-532-0010

Property Details for 740 Lagoon Road

Subdivision Name
Riomar Bay
Architectural Style
TwoStory
Waterfront
Yes
Waterfront Features
CanalAccess, IntracoastalAccess
View
Canal, Pool, River
Furnished
Unfurnished
Pets Allowed
Yes
LISTING UPDATED: 03/02/2026 12:22 PM

Property Details for 740 Lagoon Road

StatusActive Under Contract
MLS #272020
Days on Market878
Taxes$24,006 / year
HOA Fees$390 / month
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached
Year Built1989
Lot Size-
CountyIndian River County

Location

Listing Courtesy of Dale Sorensen Real Estate Inc.
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Building Information for 740 Lagoon Road

Stories2Year Built1989Building Size-Lot Size-

Payment Calculator

$17,447 per month

30 year fixed, 6.46% Interest

Principal and Interest

$15,056

Property Taxes

$2,001

HOA Dues

$390

The Payment Calculator is for illustrative purposes only.

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Property Information for 740 Lagoon Road

Summary
Location and General Information
  • Community Features: None, Other
  • Direction Faces: North
  • Directions: A1A North from 17th St just past Tulip Ln on the left. Past gate take a left at stop sign to #740 on left.
  • Postal City: Vero Beach
  • Zoning: ,
  • Zoning Description: Residential
  • Road Surface Type: Paved
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Garage, GarageDoorOpener, PaverBlock
Taxes and HOA Information
  • Association Amenities: DuesPaidAnnually
  • Association Fee: $390.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: CommonAreas, ReserveFund, Security
  • Association Name: Keystone
  • Tax Annual Amount: $24,006.00
  • Tax Assessed Value: 1404056
  • Tax Legal Description: REPLAT OF RIOMAR BAY UNIT TWO OF LOTS 34 & 35 PBI 14-12; LOT 34
  • Tax Lot: 34
  • Tax Year: 2025
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Property
Lot Information
  • Lot Features: HalfToOneAcreLot
  • Lot Size Dimensions: 119x230
  • Lot Size Range: 1/2 to 1 Acre
  • Lot Size Units: Acres
  • Living Area: 5,080.00
  • Living Area Range Source: Assessor
  • Parcel Number: 33400500029000000034.0
  • Living Area Source: Assessor
Property and Assessments
  • Construction Materials: Frame
  • Development Name: RIOMAR BAY
  • Human Modified: No
  • New Construction: No
  • Property Attached: No
  • Property Sub Type: Detached
  • Security Features: GatedCommunity, PhoneEntry
  • Spa Features: HotTub
  • Spa: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1989
  • Property Type: Residential
Utilities
  • Cooling: CentralAir, ThreeOrMoreUnits
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Boat Dock Slip Description: Private Dock
  • Exterior Features: BuiltInBarbecue, Balcony, Barbecue, EnclosedPorch, Fence, SprinklerIrrigation, Porch
  • Patio And Porch Features: Covered, Porch, Screened
  • Pool Private: Yes
  • Pool Features: Pool, Private
  • Roof: Tile
  • View: Yes
  • Window Features: SingleHung, WindowTreatments
Interior Features
  • Appliances: BuiltInOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, Microwave, Refrigerator, WineCooler, Washer
  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 4
  • Door Features: FrenchDoors
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Tile, Wood
  • Interior Features: WetBar, BuiltInFeatures, Elevator, HighCeilings, KitchenIsland, PrimaryDownstairs, VaultedCeilings, WalkInClosets, FrenchDoorsAtriumDoors
  • Laundry Features: LaundryRoom, LaundryTub
  • Levels: Two
  • Rooms Total: 14
Room Information
Room 1
  • Room Type 1: Patio
Room 2
  • Room Type 2: Porch
  • Room Dimensions 2: 25x8
Room 3
  • Room Type 3: Laundry
Room 4
  • Room Type 4: Loft
Room 5
  • Room Type 5: BreakfastRoomNook
Room 6
  • Room Type 6: Den
  • Room Dimensions 6: 16x13
Room 7
  • Room Type 7: FamilyRoom
  • Room Dimensions 7: 25x19
Room 8
  • Room Type 8: Bedroom
  • Room Dimensions 8: 13x11
Room 9
  • Room Type 9: Bedroom
  • Room Dimensions 9: 14x12
Room 10
  • Room Type 10: Bedroom
  • Room Dimensions 10: 14x16
Room 11
  • Room Type 11: Bedroom
  • Room Dimensions 11: 22x18
Room 12
  • Room Type 12: Kitchen
  • Room Dimensions 12: 17x12
Room 13
  • Room Type 13: DiningRoom
  • Room Dimensions 13: 14x11
Room 14
  • Room Type 14: LivingRoom
  • Room Dimensions 14: 26x16
MultiFamily
Multi-Family Information
  • Unit Location: 1
Rental Information
Rent Information
  • Restrictions: NoRv, OtherRestrictions, OkToLease

Property History for 740 Lagoon Road

DateEvent & SourcePriceAppreciation
Mar 2, 2026

Backup Contract

Beaches MLS #R10927948

Mar 2, 2026

Backup Contract

RAIRCMLS #272020

Jun 9, 2025

Price Change

Beaches MLS #R10927948

$2,990,000
Jun 9, 2025

Price Change

RAIRCMLS #272020

$2,990,000
Apr 29, 2024

Price Change

RAIRCMLS #272020

$3,299,000
Mar 4, 2024

Price Change

RAIRCMLS #272020

$3,500,000
Oct 16, 2023

Listed (Active)

Beaches MLS #R10927948

$2,900,000
Oct 6, 2023

Listed (Active)

RAIRCMLS #272020

$3,900,000
May 2, 2016

Sold

RAIRCMLS #147267

$1,325,000
Apr 29, 2016

Sold

Beaches MLS #R10051037

$1,325,000
Apr 21, 2016

Sold (Public Record)

Public Record #572330238

$1,325,000
Apr 21, 2016

Sold (Public Record)

Public Record #572330238

$1,325,000

+2.3% / yr

Apr 1, 2016

Pending

Beaches MLS #R10051037

Mar 30, 2016

Pending

RAIRCMLS #147267

Jun 20, 2014

Listed (Active)

Beaches MLS #R10051037

$2,150,000
Jun 17, 2014

Listed (Active)

RAIRCMLS #147267

$2,150,000
Dec 21, 2010

Sold (Public Record)

Public Record #301765913

$1,175,000
Dec 21, 2010

Sold

RAIRCMLS #76603

$1,175,000
Nov 30, 2010

Pending

RAIRCMLS #76603

Dec 1, 2008

Listed (Active)

RAIRCMLS #76603

$1,597,000
DateEvent & SourcePrice
03/02/2026

Backup Contract

Beaches MLS #R10927948

03/02/2026

Backup Contract

RAIRCMLS #272020

06/09/2025

Price Change

Beaches MLS #R10927948

$2,990,000
06/09/2025

Price Change

RAIRCMLS #272020

$2,990,000
04/29/2024

Price Change

RAIRCMLS #272020

$3,299,000
03/04/2024

Price Change

RAIRCMLS #272020

$3,500,000
10/16/2023

Listed (Active)

Beaches MLS #R10927948

$2,900,000
10/06/2023

Listed (Active)

RAIRCMLS #272020

$3,900,000
05/02/2016

Sold

RAIRCMLS #147267

$1,325,000
04/29/2016

Sold

Beaches MLS #R10051037

$1,325,000
04/21/2016

Sold (Public Record)

Public Record #572330238

$1,325,000
04/21/2016

Sold (Public Record)

Public Record #572330238

$1,325,000

+2.3% / yr

04/01/2016

Pending

Beaches MLS #R10051037

03/30/2016

Pending

RAIRCMLS #147267

06/20/2014

Listed (Active)

Beaches MLS #R10051037

$2,150,000
06/17/2014

Listed (Active)

RAIRCMLS #147267

$2,150,000
12/21/2010

Sold (Public Record)

Public Record #301765913

$1,175,000
12/21/2010

Sold

RAIRCMLS #76603

$1,175,000
11/30/2010

Pending

RAIRCMLS #76603

12/01/2008

Listed (Active)

RAIRCMLS #76603

$1,597,000

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

Public Records for 740 Lagoon Road

Taxable ValueLand-Additions-Total-
Tax Record2025$24,006 ($2,000 / month)
Home Facts
Beds3Total Finished SqFt5,080 SqFtAbove Grade Finished SqFt5,080 SqFtStories1Lot Size25,265 SqFtStyleSingle Family ResidenceYear Built1989Year Renovated2005ZoningR-1AACountyINDIAN RIVERAPN33-40-05-00029-0000-00034.0Fireplace TypeTwo Story

Schools near 740 Lagoon Road

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

Gifford Middle School
Public6 to 8

Vero Beach High School
Public9 to 12

Exceptional Student Education
PublicPK 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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Dale Sorensen Real Estate Inc.

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.