How do I schedule a tour of 1520 Indian Bay Drive, Vero Beach, FL 32963?

Use the Tour button on this listing to request a showing of 1520 Indian Bay Drive, 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 1520 Indian Bay Drive, Vero Beach, FL 32963 still available?

1520 Indian Bay Drive, Vero Beach, FL 32963 is currently listed as Active, and has been on the market 207 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 1520 Indian Bay Drive, Vero Beach, FL 32963?

With 20% down ($1,119,000) on the $5,595,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1520 Indian Bay Drive, Vero Beach, FL 32963 is about $29,404/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 1520 Indian Bay Drive, Vero Beach, FL 32963?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1520 Indian Bay Drive, Vero Beach, FL 32963. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 1520 Indian Bay Drive, Vero Beach, FL 32963?

1520 Indian Bay Drive, Vero Beach, FL 32963 is zoned for Beachland (elementary), Gifford (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 1520 Indian Bay Drive, Vero Beach, FL 32963?

Often, yes. The right offer on 1520 Indian Bay Drive, 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.

Active

207 Days on Market

Virtual Tour

Loading photos…

All Listings

$5,595,000

1520 Indian Bay Drive

Vero Beach, FL 32963

INDIAN BAY POINT

Explore the area: Vero Beach homes for sale · Indian River County real estate

Price Check

How this price compares

List price: $5,595,000
Price per sq ft: $1,205
Vs. nearby sales: 84.8% above
Days on market: 207

This 5-bedroom single-family home in ZIP 32963 is listed at $5,595,000, or $1,205 per square foot. The asking price has come down 9.7% from its original $6,195,000. It has been on the market for 207 days. The 3 most recent single-family home sales in the closings shown below sold at a median of $652 per square foot, so the asking price is 84.8% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

4,644

Living Sq Ft

2008

Year Built

Estimated monthly payment

$29,404 /mo

Principal and interest only, based on $1,119,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $5,595,000
Days on Site: 207 Days
Bedrooms: 5
Total Baths: 7
Full Baths: 6
Partial Baths: 1
Living Area: 4,644 sqft
Total Sq Ft: 4,644 sqft
Lot Size: 0.51 Acres
Year Built: 2008
Property Type: Single Family
MLS #: B26016875
Property Tax: $25,489 (2025)
Subdivision: INDIAN BAY POINT
County: Indian River
Status: Active
Special Conditions: Standard

About This Property

Centrally located deepwater estate on over half an acre, w/ 161± ft of bulkhead. Concrete block construction. Impact windows/doors. 5 beds + office, 6.5 baths, 3-car AC garage. Completely updated by Huryn Construction, marble kitchen w/ Wolf appliances, engineered wood floors, whole house generator, 2025 Trex dock, 2021 seawall, 2020 roof, new Control4 smart home system, 3 Euro Cave wine coolers w/ 690-bottle capacity, new pool deck, driveway & landscaping, and converted to STEP system. Covered outdoor dining area with summer kitchen, beach-entry pool w/ spa, pergola, & 2 firepits.

MLS media link

General Features

Property Type: Single Family
Status: Active
Year Built: 2008
Property Condition: Resale
Number of Stories: 2
Levels: Two
Garage Spaces: 3
Attached Garage: Yes
Parking: Attached / Driveway / Garage
Direction Faces: West
Lot Size (Acres): 0.51
Living Sq Ft: 4,644
Total Sq Ft: 4,644
Structure Type: House
Sewer: Septic Tank
Water Source: Public
Zoning: R-1AA

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Disposal / Gas Water Heater / Refrigerator / Water Heater / Washer
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Wood
Fireplace: Yes
Spa: Yes
Spa Features: Heated / In Ground
Interior Features: Built In Features / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Kitchen Island / Main Level Primary / Pantry / Soaking Tub / Separate Shower / Walk In Closets
Laundry: Laundry Room
Main Level Bedrooms: 1
Main Level Baths: 1
Total Rooms: 10
Furnished: Unfurnished

Exterior Features

Construction: Block / Concrete
Roof: Tile
Exterior Features: Built In Barbecue / Barbecue / Outdoor Kitchen / Outdoor Living Area / Outdoor Shower
Private Pool: Yes
Pool Features: In Ground / Pool Spa Combo / Salt Water
Patio & Porch: Covered / Patio
Waterfront: Yes
Waterfront Features: Navigable Water / River Front / River Access
Frontage: Waterfront
Frontage Length: 161.00 ft
View: River / Water

Community & HOA

Utilities: Electricity Connected / Sewer Connected / Water Connected
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: No Restrictions / Ok To Lease
MLS Area: 6311 - Beach City (IR)

Schools

Elementary School: Beachland
Middle School: Gifford
High School: Vero Beach

About the Community

Indian Bay Point

View Community Details →

Homes for Sale: 2
Under Contract: 0
Median List Price: $5,595,000
Median $/Sq Ft: $1,101
Avg Days on Market: 114

View all 2 homes for sale in Indian Bay Point →

Frequently Asked Questions

How do I schedule a tour of 1520 Indian Bay Drive, Vero Beach, FL 32963?: Use the Tour button on this listing to request a showing of 1520 Indian Bay Drive, 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 1520 Indian Bay Drive, Vero Beach, FL 32963 still available?: 1520 Indian Bay Drive, Vero Beach, FL 32963 is currently listed as Active, and has been on the market 207 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 1520 Indian Bay Drive, Vero Beach, FL 32963?: With 20% down ($1,119,000) on the $5,595,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1520 Indian Bay Drive, Vero Beach, FL 32963 is about $29,404/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1520 Indian Bay Drive, Vero Beach, FL 32963?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1520 Indian Bay Drive, Vero Beach, FL 32963. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1520 Indian Bay Drive, Vero Beach, FL 32963?: 1520 Indian Bay Drive, Vero Beach, FL 32963 is zoned for Beachland (elementary), Gifford (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 1520 Indian Bay Drive, Vero Beach, FL 32963?: Often, yes. The right offer on 1520 Indian Bay Drive, 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 One Sotheby's Intl Realty

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 November 14, 2026.

$5,595,000

Interested in This Property?

Own a home near this one? See what it would sell for today

Listed by Cindy J O'Dare, One Sotheby's Intl Realty

Map & Location

Get Directions →

Cities in Indian River County

Vero Beach Homes for Sale$399,990 Sebastian Homes for Sale$381,400 Fellsmere Homes for Sale$760,000

Zip Codes in Indian River County

32967 Homes for Sale$438,450 32962 Homes for Sale$259,000 32966 Homes for Sale$388,800 32963 Homes for Sale$950,000 32958 Homes for Sale$379,900 32960 Homes for Sale$299,000 32968 Homes for Sale$509,450 32948 Homes for Sale$760,000 32976 Homes for Sale$200,000

Property Types

Homes for Sale Luxury Homes New Construction Single-Family Homes Condos Townhouses Villas 55+ Communities

Recently sold homes in ZIP 32963

These are the last 6 recorded closings in ZIP 32963, with the price each home actually sold for rather than what it was listed at. They closed at a median of $344 per square foot. The most recent closed on November 3, 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.