$4,750,000
Sold · February 20, 2026
116 Ocean Way
Vero Beach, FL 32963
Explore the area: Vero Beach homes for sale · Indian River County real estate
Sale Summary
What this home sold for
- Sold price
- $4,750,000
- Vs. list price
- 12% under
- Days on market
- 202
- Price per sq ft
- $1,105
This 4-bedroom single-family home in Seagrove sold for $4,750,000 on February 20, 2026. That was 12% below its final list price of $5,395,000. It first came on the market at $5,795,000, so the price was adjusted before it sold. It spent 202 days on the market. At $1,105 per square foot, it closed 436.4% above the $206 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $4,750,000
- Sold On
- February 20, 2026
- Days on Site
- 202 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 3
- Partial Baths
- 2
- Living Area
- 4,300 sqft
- Year Built
- 1988
- Property Type
- Single Family
- MLS #
- F10509733
- Property Tax
- $47,450 (2024)
- HOA Fees
- $245 / Monthly
- Subdivision
- Seagrove
- Development
- seagrove
- County
- Indian River
- Status
- Sold
About This Property
Turnkey oceanfront estate in the prestigious guard-gated community of Seagrove. Renovated by Croom Construction in 2012 with lifetime raised aluminum roof, impact glass, and electric storm shutters. Featuring 120 ft of private beachfront, floor-to-ceiling windows, and an open concept layout ideal for entertaining. Two elegant primary suites and sunlit living spaces create a seamless indoor-outdoor flow. Minutes from Vero’s upscale dining, boutique shopping, and cultural venues. A rare opportunity to own a refined coastal retreat in one of Vero Beach’s most sought-after enclaves. Move-in ready and meticulously maintained, with lush tropical landscaping, generous outdoor living spaces, and timeless architectural charm.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1988
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage / Garage Door Opener
- Direction Faces
- East
- Living Sq Ft
- 4,300
- Water Source
- Other
- Zoning
- residential
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Refrigerator / Trash Compactor / Water Heater / Washer
- Cooling
- Other
- Heating
- Central
- Flooring
- Carpet / Marble / Wood
- Fireplace
- Yes
- Interior Features
- Bathtub / Central Vacuum / Dual Sinks / Eat In Kitchen / Kitchen Island / Living Dining Room / Main Level Primary / Multiple Primary Suites / Multiple En Suite Bathrooms / Split Bedrooms / Soaking Tub / Separate Shower / Upper Level Primary / Bar / Walk In Closets
- Main Level Bedrooms
- 1
- Main Level Baths
- 3
- Furnished
- Furnished
Exterior Features
- Construction
- Frame / Wood Siding
- Roof
- Aluminum
- Exterior Features
- Balcony / Outdoor Living Area / Outdoor Shower / Propane Tank Leased
- Private Pool
- Yes
- Pool Features
- In Ground / Private / Association
- Patio & Porch
- Deck / Open / Balcony
- Lot Features
- One To Two Acres
- Waterfront
- Yes
- Waterfront Features
- Beach Access / Deeded Access / Ocean Front
- Frontage
- Waterfront
- Frontage Length
- 120.00 ft
- View
- Ocean
Community & HOA
- HOA Fee
- $245 / Monthly
- Association Amenities
- Gated / Pool
- Community Features
- Home Owners Association / Gated
- Security
- Gated Community
- Utilities
- Sewer Available
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Trailer Parking / Ok To Lease / Rental Restriction
- MLS Area
- 6312 - Beach South (IR)
Schools
- Elementary School
- Beachland
- Middle School
- Oslo
- High School
- Vero Beach
About the Community
Seagrove is a gated community in Fort Pierce, St. Lucie County, Florida. Active listings are priced from $294,182 to $499,900. Homes were built between 2024 and 2026. Pure Equity lists homes in Seagrove and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 10
- Median List Price
- $394,546
- Median $/Sq Ft
- $200
- Avg Days on Market
- 117
Frequently Asked Questions
- How do I schedule a tour of 116 Ocean Way, Vero Beach, FL 32963?
- Use the Tour button on this listing to request a showing of 116 Ocean Way, Vero Beach, FL 32963. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 116 Ocean Way, Vero Beach, FL 32963 still available?
- 116 Ocean Way, Vero Beach, FL 32963 is currently listed as Sold, and has been on the market 202 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 116 Ocean Way, Vero Beach, FL 32963?
- With 20% down ($1,079,000) on the $5,395,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 116 Ocean Way, Vero Beach, FL 32963 is about $28,353/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 116 Ocean Way, Vero Beach, FL 32963?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 116 Ocean Way, Vero Beach, FL 32963. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 116 Ocean Way, Vero Beach, FL 32963 have an HOA fee?
- Yes: 116 Ocean Way, Vero Beach, FL 32963 carries an HOA fee of about $245 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 116 Ocean Way, Vero Beach, FL 32963?
- 116 Ocean Way, Vero Beach, FL 32963 is zoned for Beachland (elementary), Oslo (middle), Vero Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 116 Ocean Way, Vero Beach, FL 32963?
- Often, yes. The right offer on 116 Ocean Way, Vero Beach, FL 32963 depends on how it's priced against comparable single family sales in Vero Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Engel & Voelkers Vero Beach
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$4,750,000
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Listed by Stacia A Zielinski, Engel & Voelkers Vero Beach
Map & Location
Cities in Indian River County
Zip Codes in Indian River County
Property Types
Recent Sales
Recently sold homes in Seagrove
These are the last 6 recorded closings in Seagrove, with the price each home actually sold for rather than what it was listed at. They closed at a median of $208 per square foot. The most recent closed on September 28, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$250,000
Sold · September 28, 2026
3616 Spanish Cedar Place
2 bed · 2 bath · 1,308 sqft · $191/sqft
$37,730 under the asking price
Sold$424,479
Sold · September 25, 2026
3207 SPANISH CEDAR Place
4 bed · 2.5 bath · 2,583 sqft · $164/sqft
Sold$278,340
Sold · September 25, 2026
3526 SPANISH CEDAR Place
2 bed · 2 bath · 1,308 sqft · $213/sqft
$1,442 under the asking price
Sold$299,000
Sold · September 25, 2026
3514 SPANISH CEDAR Place
3 bed · 2 bath · 1,436 sqft · $208/sqft
$7,563 under the asking price
Sold$310,000
Sold · September 18, 2026
3640 Spanish Cedar Place
3 bed · 2 bath · 1,436 sqft · $216/sqft
Sold$384,000
Sold · August 28, 2026
2973 Spanish Cedar Place
4 bed · 3 bath · 1,884 sqft · $204/sqft
$5,984 under the asking price
See every recorded sale in Seagrove or find out what your Seagrove home is worth.










