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1480 Ocean Dr

Vero Beach, FL 32963

2 bd 2 ba 1,390 sqft Built 1975 condos
Most recent sale
$725,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Listed $700,000 IndianRiverCounty
May 16, 2022 Relisted $700,000 MLS #253011
May 13, 2022 Sold $725,000 Public Record
Mar 23, 2022 Listed $700,000 MLS #253011
Jul 1, 2015 Sold $425,000 Public Record
Jun 4, 2010 Sold $389,000 Public Record
Feb 1, 1985 Sold $185,000 Public Record
May 1, 1977 Sold $73,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $629,989 $629,989 $10,165
2024 $629,989 $629,989 $9,812
2023 $552,622 $552,622 $8,701
2022 $388,019 $5,525
2021 $376,717 $376,717 $5,448
2020 $376,717 $376,717 $5,517
2019 $369,330 $369,330 $5,545
2018 $369,330 $369,330 $5,645
2017 $369,330 $369,330 $5,731
2016 $369,330 $369,330 $5,793
2015 $335,750 $335,750 $5,828
2014 $282,330 $4,949
2013 $282,330 $4,957
2012 $274,590 $4,747
2011 $274,590 $4,744
2010 $274,590 $4,731
2009 $313,270 $5,175
2008 $371,280 $5,843
2007 $414,460 $6,639

Property facts

Year built
1975
Property type
condos
Stories
5
Beds
2
Baths
2
Living area
1,390 sqft
Lot size
ZIP code
32963
City
Vero Beach
Street
Ocean Dr
Coordinates
27.62808, -80.35056

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,572
Gross rental yield
4.26%
Implied cap rate
2.77%
Trend-extrapolated value

Frequently asked questions

When did 1480 Ocean Dr last sell?
1480 Ocean Dr most recently sold on May 13, 2022 for $725,000.
What is the current tax assessment for 1480 Ocean Dr?
The most recent total assessment for 1480 Ocean Dr (year 2025) is $629,989 with $10,165 in property tax.
How does 1480 Ocean Dr's assessment compare to its last sale price?
The current assessment is 13.1% below the last sale price of $725,000.
When was 1480 Ocean Dr built?
1480 Ocean Dr was built in 1975.
How does 1480 Ocean Dr compare to others on Ocean Dr?
We track 8 other properties on Ocean Dr. Browse the list under "Other properties on Ocean Dr" to compare beds, baths, and sale history.
What are the property facts for 1480 Ocean Dr?
1480 Ocean Dr is a 2 bed, 2 bath, 1,390 sqft condos.
Is 1480 Ocean Dr a flip candidate?
No — 1480 Ocean Dr does not appear in our flips dataset.
Is 1480 Ocean Dr a tax-appeal candidate?
No — 1480 Ocean Dr is not currently flagged as a tax-appeal candidate.

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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