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500 Bay Dr

Vero Beach, FL 32963

5 bd 7 ba 9,300 sqft Built 1967 Lot 61,750 sqft single_family
Most recent sale
$140,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $140,000 Public Record
May 17, 2022 Sold $20,000,000 IndianRiverCounty
Dec 3, 2021 Listed $27,000,000 MLS #248362
Mar 14, 2014 Sold $6,500,000 Public Record
Oct 27, 2000 Sold $1,800,000 Public Record
Jun 1, 1982 Sold $727,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $11,826,377 $7,053,453 $18,879,830 $300,145
2024 $11,826,377 $7,053,453 $18,879,830 $292,082
2023 $10,803,703 $7,360,769 $18,164,472 $282,416
2022 $7,347,949 $128,947
2021 $2,427,553 $4,252,400 $6,679,953 $106,249
2020 $2,325,710 $4,252,400 $6,578,110 $106,098
2019 $2,326,189 $4,252,400 $6,578,589 $109,094
2018 $2,224,297 $4,252,400 $6,476,697 $109,397
2017 $2,327,770 $4,252,400 $6,580,170 $112,887
2016 $2,462,970 $4,252,400 $6,715,370 $116,421
2015 $920,960 $4,252,400 $5,173,360 $92,572
2014 $2,265,290 $38,639
2013 $2,231,820 $38,174
2012 $2,194,520 $36,956
2011 $2,130,610 $35,835
2010 $2,099,130 $35,215
2009 $2,043,950 $32,883
2008 $2,041,910 $31,328
2007 $1,982,440 $31,179

Property facts

Year built
1967
Property type
single_family
Stories
2
Beds
5
Baths
7
Living area
9,300 sqft
Lot size
61,750 sqft
ZIP code
32963
City
Vero Beach
Street
Bay Dr
Coordinates
27.64425, -80.36531

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 500 Bay Dr last sell?
500 Bay Dr most recently sold on May 19, 2022 for $140,000.
What is the current tax assessment for 500 Bay Dr?
The most recent total assessment for 500 Bay Dr (year 2025) is $18,879,830 with $300,145 in property tax.
How does 500 Bay Dr's assessment compare to its last sale price?
The current assessment is 13,385.6% above the last sale price of $140,000.
When was 500 Bay Dr built?
500 Bay Dr was built in 1967.
How does 500 Bay Dr compare to others on Bay Dr?
We track 4 other properties on Bay Dr. Browse the list under "Other properties on Bay Dr" to compare beds, baths, and sale history.
What are the property facts for 500 Bay Dr?
500 Bay Dr is a 5 bed, 7 bath, 9,300 sqft, 61,750 sqft lot single_family.
Is 500 Bay Dr a flip candidate?
No — 500 Bay Dr does not appear in our flips dataset.
Is 500 Bay Dr a tax-appeal candidate?
Yes — 500 Bay Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.7%
Implied 1-yr
-3.0%
2026 Q3
$1.46M
2026 Q4
$1.44M
ZIP 32963 — Median Price History + Forecast

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