$1,995,000
4945 16th Street
Vero Beach, FL 32966
INDIAN RIVER FARMS COMPANY S/D
Explore the area: Vero Beach homes for sale · Indian River County real estate
Price Check
How this price compares
- List price
- $1,995,000
- Price per sq ft
- $372
- Vs. nearby sales
- 55.6% above
- Days on market
- 120
This 6-bedroom single-family home in Indian River Farms Company S/D is listed at $1,995,000, or $372 per square foot. The asking price has come down 13.1% from its original $2,295,000. It has been on the market for 120 days. The 6 most recent single-family home sales in the closings shown below sold at a median of $239 per square foot, so the asking price is 55.6% above what comparable homes here actually sold for.
Estimated monthly payment
$10,485 /mo
Principal and interest only, based on $399,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,995,000
- Days on Site
- 120 Days
- Bedrooms
- 6
- Total Baths
- 6
- Full Baths
- 4
- Partial Baths
- 2
- Living Area
- 5,369 sqft
- Total Sq Ft
- 5,369 sqft
- Lot Size
- 4.89 Acres
- Year Built
- 1963
- Property Type
- Single Family
- MLS #
- R11168915
- Property Tax
- $10,621 (2025)
- Subdivision
- INDIAN RIVER FARMS COMPANY S/D
- County
- Indian River
- Status
- Active
About This Property
This rare Doctor's Row estate delivers true flexibility. The main residence offers 6 bedrooms plus a fully independent guest studio apartment with kitchen and bath—ideal for multigenerational living, guests, or income. Set on expansive, private grounds minutes to the beach with pool, barn/workshop, and room to expand. No HOA. A true compound combining space, privacy, and proximity to Vero's beaches, dining, and village amenities.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1963
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Parking
- Circular Driveway / Carport / Detached / Garage
- Direction Faces
- North
- Lot Size (Acres)
- 4.89
- Living Sq Ft
- 5,369
- Total Sq Ft
- 5,369
- Structure Type
- House
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- RS-2
Interior Features
- Appliances
- Cooktop / Dishwasher / Electric Range / Free Standing Freezer / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Concrete / Wood
- Fireplace
- Yes
- Interior Features
- Built In Features / Breakfast Area / Dual Sinks / Entrance Foyer / Kitchen Dining Combo / Main Level Primary / Pantry / Split Bedrooms / Separate Shower
- Laundry
- Inside
- Main Level Bedrooms
- 3
- Main Level Baths
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- Brick / Block / Wood Frame
- Roof
- Metal
- Exterior Features
- Garden / Outdoor Living Area / Outdoor Shower
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Covered / Patio / Porch
- Lot Features
- Fruit Trees
- Waterfront Features
- None
- View
- Garden / Pool
Community & HOA
- Security
- Closed Circuit Cameras / Smoke Detectors / Security Lights
- Utilities
- Electricity Connected / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 6342 - County Southwest (IR)
Schools
- Elementary School
- Glendale
- Middle School
- Storm Grove
- High School
- Vero Beach
About the Community
- Homes for Sale
- 17
- Median List Price
- $892,000
- Median $/Sq Ft
- $370
- Avg Days on Market
- 102
Frequently Asked Questions
- How do I schedule a tour of 4945 16th Street, Vero Beach, FL 32966?
- Use the Tour button on this listing to request a showing of 4945 16th Street, Vero Beach, FL 32966. 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 4945 16th Street, Vero Beach, FL 32966 still available?
- 4945 16th Street, Vero Beach, FL 32966 is currently listed as Active, and has been on the market 120 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 4945 16th Street, Vero Beach, FL 32966?
- With 20% down ($399,000) on the $1,995,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4945 16th Street, Vero Beach, FL 32966 is about $10,485/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 4945 16th Street, Vero Beach, FL 32966?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4945 16th Street, Vero Beach, FL 32966. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 4945 16th Street, Vero Beach, FL 32966?
- 4945 16th Street, Vero Beach, FL 32966 is zoned for Glendale (elementary), Storm Grove (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 4945 16th Street, Vero Beach, FL 32966?
- Often, yes. The right offer on 4945 16th Street, Vero Beach, FL 32966 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 Alex MacWilliam, Inc.
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 August 30, 2026.
$1,995,000
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Listed by Charlotte N Terry, Alex MacWilliam, Inc.
Map & Location
Cities in Indian River County
Zip Codes in Indian River County
Property Types
Recent Sales
Recently sold homes in Indian River Farms Company S/D
These are the last 6 recorded closings in Indian River Farms Company S/D, with the price each home actually sold for rather than what it was listed at. They closed at a median of $254 per square foot. The most recent closed on September 1, 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$466,000
Sold · September 1, 2026
4445 61ST Court
4 bed · 2 bath · 2,460 sqft · $189/sqft
$14,000 under the asking price
Sold$374,000
Sold · August 12, 2026
4655 52nd Avenue
5 bed · 3 bath · 3,774 sqft · $99/sqft
$900 under the asking price
Sold$210,000
Sold · July 13, 2026
1005 20th Avenue
2 bed · 1 bath · 936 sqft · $224/sqft
$9,000 under the asking price
Sold$780,000
Sold · July 1, 2026
3675 66th Avenue
4 bed · 3 bath · 2,656 sqft · $294/sqft
$15,000 under the asking price
Sold$815,000
Sold · June 30, 2026
6365 45th Street
3 bed · 2 bath · 2,046 sqft · $398/sqft
$10,000 under the asking price
Sold$590,000
Sold · May 26, 2026
407 43rd Avenue SW
3 bed · 2.5 bath · 2,320 sqft · $254/sqft
$35,000 under the asking price
See every recorded sale in Indian River Farms Company S/D or find out what your Indian River Farms Company S/D home is worth.
