716 Reef Rd, photo 1
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Overview

5 bd5 ba7,687 sqft4 car garageSingle Family
TypeSingle Family
HOA$54/mo
Built1954
Lot76,230 sqft
Living area7,687 sqft
Price / sqft$1,288
Garage4 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Built-in FeaturesCathedral Ceiling(s)Ceiling Fans(s)Crown MoldingEat-in KitchenElevatorHigh CeilingsL Dining

716 Reef Rd is a 1954-built home in Floralton Beach Sub 1, Vero Beach. Inside you'll find 5 bedrooms, 5 bathrooms, and 7,687 square feet of living space. Listed at $9,900,000 (about $1,288/sqft), 178 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $54 monthly.

From the listing

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 !!

The essentials

Built
1954
Price / sqft
$1,288
On market
178 days
Annual tax
$97,183
HOA
$54/mo
Flood zone
X · Low risk
Lot
76,230 sqft
Type
Single Family Residence

At a glance

Single family
Built 1954
Waterfront
Beach Front
Private pool
Heated
4 car garage
Covered
1.75 acres
Lot size

Payment

Est. monthly payment
$64,735/mo
Down payment (20%)
$1,980,000
Property taxes
$8,099/mo
HOA
$54/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1954
Lot
76,230 sqft
Cooling
Central Air
Heating
Electric
Parking
Covered, Driveway, Garage Door Opener, Ground Level, On Street, Oversized, Basement
Pool
Deck, Gunite, Heated, In Ground, Infinity, Lap, Lighting
Waterfront
Beach Front
Days on Market
178
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
Balcony
French Doors
Outdoor Shower
Private Yard
Deed Restrictions
Built-in Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Freezer
Ice Maker
Range
Refrigerator
Washer
Flood Zone X
Annual Tax (2025)
$97,183
Parcel #
33-40-22-00001-0001-00001.0

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Floralton Beach Sub 1
County
Indian River
MLS Area
32963 - Vero Beach
Lot Size
76,230 sqft
ClearedCoastalConstruction Control LineFloodZoneCity LimitsLandscapedOversized LotPrivatePaved
HOA
$54/mo
Manager

Price history

Date
Event
Price
4/20/2026
Listed for sale
Source: Stellar MLS #G5111290
$9,900,000
$1,288/sqft

Neighborhood

716 Reef Rd
Vero Beach, FL, 32963 · 32963 - Vero Beach

Market insights

Offer Insights

Choose an offer strength

List price: $9,900,000
$9.85M – $9.90M
99.5% – 100% of listTops out right at the list price
80% of listList price
14 of the last 26 home closings in Vero Beach landed at this number or higher (54%). The median one sat 55 days before it went under contract, and this one is on day 178.

Sample: 26 closed home sales in Vero Beach over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$64,735/mo
Principal & interest$51,632
Property taxes$8,099
Insurance$4,950
HOA$54
Down payment20% · $1,980,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$9,900,000

$1,288 per sq ft

Beds and baths

5 beds, 5 baths

Size

7,687 sq ft

Time on market

178 days

Year built

1954

Monthly payment

About $64,735/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $97,183 annual tax bill, insurance, and the $54/mo HOA fee.

HOA fee

$54/mo

Managed by Manager.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byELITE EVOLUTION PROPERTIESListing agent: Michelle BustamanteListing data from Stellar MLS, MLS# G5111290.

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