$9,900,000
5 Beds
4.5 Baths
7,687 sqft (on 1.75 acres)
716 Reef Road, Vero Beach, FL 32963
Est. Mortgage $64,217/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 85% nearby.
Home Highlights
Single-Family Home
Built in 2011
1.75 acre lot
$1,288/sqft
4 Car Garage
HOA $54/mo
Local Information
- Map ViewExplore the area around 716 Reef Road.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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 2011, with approximately 7,000 square feet of living space. The existing roof was fully replaced with a new metal roof in February 2026.
Last check for updates: about 2 hours ago
Listing courtesy of Lisa M Reed, (407) 509-7995
Elite Evolution Properties
Originating MLS: BeachesMLS
Source: BeachesMLS, MLS#B26018600
We estimate this home will sell faster than 85% nearby.
Home Details for 716 Reef Road
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Interior Details Number of Rooms: 18Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Living Room, Other |
Beds & Baths Number of Bedrooms: 5Main Level Bedrooms: 3Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 7687 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Water ConnectedAppliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Water Heater, WasherDishwasherDisposalDryerLaundry: Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room,Washer Dryer Install AllowedMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Central,Electric,NoneHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),ZonedNo HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: GasHas a FireplaceNo Spa |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Double Pane Windows, DrapesDoor: French DoorsFlooring: Marble, Wood |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoAccessibility: NoneElevatorFloors: Marble, Wood |
View Has a ViewView: Ocean, Pool, Water |
Security Security: Security System, Elevator Secured, Secured Garage/Parking |
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Exterior Home Features Roof: MetalPatio / Porch: Covered, Deck, PatioFencing: NoneOther Structures: NoneExterior: Garden, Lighting, Outdoor Living AreaFoundation: Block, Concrete PerimeterGardenHas a Private Pool |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 10Parking: Attached,Driveway,Garage,Garage Door Opener,Open,Paver Block |
Pool Pool: Heated, Infinity, In Ground, Lap, PrivatePool |
Frontage WaterfrontWaterfront: Ocean Access, Ocean FrontFrontage Type: WaterfrontRoad Frontage: OtherRoad Surface Type: AsphaltOn Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Frontage Length: 164.00, 164.00 |
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Cumulative Days on Market: 143Days on Market: 151 |
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Year Built Year Built: 2011 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House |
Building Construction Materials: Block, Concrete, StuccoNot a New Construction |
Property Information Condition: ResaleParcel Number: 334022000010001000010 |
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Price List Price: $9,900,000Price Per Sqft: $1,288 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: Vero BeachCommunity: FLORALTON BEACH SUB NO 1 |
School Information Elementary School: BeachlandJr High / Middle School: GiffordHigh School: Vero Beach |
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Listing Agent Listing ID: B26018600 |
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Building Area Building Area: 9765 Square Feet |
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Community Features: Home Owners AssociationNot Senior Community |
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HOA Fee Includes: Common AreasAssociation for this Listing: BeachesMLSHas an HOAHOA Fee: $54/Monthly |
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Lot Area: 1.75 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: B26018600Living Area Range Units: Square FeetWater ViewWater View: Ocean, WaterAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12061-N-334022000010001000010-R-N |
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HOA Amenities: NoneDays On Market Replication: 143 |
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about South Beach
At least 9 Trulia users voted on each feature.
100 % Say it's quiet
92 % Say parking is easy
81 % Say car is needed
80 % Say there's holiday spirit
80 % Say it's dog friendly
77 % Say yards are well-kept
69 % Say there's wildlife
68 % Say neighbors are friendly
67 % Say streets are well-lit
67 % Say they plan to stay for at least 5 years
67 % Say people would walk alone at night
53 % Say kids play outside
45 % Say there are sidewalks
40 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Vero Beach
Last updated August 2026
Avg. sale price
$353K
$2.5KMoM
Sale-to-List Price
96.4%
0.2%MoM
Price per sq ft
$216
$1MoM
Available listings
1303
30MoM
Home Value
Trulia Estimate
$8.88MSince last month
$3K (0%)Since last year
Increased$276K (+3.2%)Since last sale
Increased$2M (+30.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +62% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $8.88M |
| August 2026 | $8.87M |
| July 2026 | $8.9M |
| June 2026 | $8.94M |
| May 2026 | $9.21M |
| April 2026 | $9.56M |
| March 2026 | $8.69M |
| February 2026 | $8.56M |
| January 2026 | $8.28M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $2,650,000 | 04/01/26 | 3 | 3.5 | 3,293 | |
0.11 | Single-Family Home | $1,575,000 | 10/10/25 | 3 | 2.5 | 2,632 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.11 | $1,560,100 | 3 | 2.5 | 2,632 | Off Market | |
0.16 | $2,650,000 | 3 | 3.5 | 3,293 | Recently Sold | |
0.27 | $1,529,000 | 4 | 3 | 2,300 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 20, 2026 Source: Stellar MLS #G5111290 | Listed For Sale | $9,900,000 |
Apr 29, 2021 Source: Realtor Association of Indian River County #235542 | Sold | $6,800,000 |
Mar 19, 2021 Source: BeachesMLS #RX-10645811 | Contingent | $6,800,000 |
Mar 19, 2021 Source: Realtor Association of Indian River County #235542 | PriceChange | $6,800,000 Price increased by 5% |
May 20, 2020 Source: Agent Provided | PriceChange | $6,500,000 Price increased by 10% |
May 22, 2018 Source: Agent Provided | Listed For Sale | $5,900,000 |
Nov 4, 1997 Source: N/A | Sold | $585,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $97,183 | $6,884,718 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lisa M Reed, Elite Evolution Properties
Agent Phone: (407) 509-7995
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Frequently asked questions about 716 Reef Road
- What is the estimated monthly payment for 716 Reef Road?Based on a $9,900,000 list price with 20% down at today's rates, the estimated monthly payment for 716 Reef Road in Vero Beach, FL is approximately $65,571 (about $53,781 principal & interest, $11,715 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 716 Reef Road compare to homes in Vero Beach?716 Reef Road in Vero Beach, FL is listed at $9,900,000, about 2702% above the $353K median sale price in Vero Beach.
- What do residents say about the South Beach neighborhood?Residents describe the South Beach neighborhood in Vero Beach, FL as quiet, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in South Beach, Vero Beach.
- What are the closest schools to 716 Reef Road?The closest schools to 716 Reef Road in Vero Beach, FL are Beachland Elementary School (Pre-K, rated 7/10), Gifford Middle School (rated 7/10), Vero Beach High School (rated 5/10).
- Does 716 Reef Road have air conditioning?Yes, 716 Reef Road in Vero Beach, FL has air conditioning.
- Does 716 Reef Road have a pool?Yes, 716 Reef Road in Vero Beach, FL has a pool.
716 Reef Road, Vero Beach, FL 32963 is a 5 bedroom, 5 bathroom, 7,687 sqft single-family home built in 2011. 716 Reef Road is located in South Beach, Vero Beach. This property is currently available for sale and was listed by BeachesMLS on Apr 21, 2026. The MLS # for this home is MLS# B26018600.