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1616 Ocean Dr

Vero Beach, FL 32963

2 bd 2 ba 1,402 sqft Built 1982 condos
Most recent sale
$580,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $580,000 Public Record
Jun 23, 2022 Listed $625,000 MLS #257615
Feb 9, 2010 Listed $250,000 MLS #107277
Sep 4, 2008 Sold $200,000 Public Record
Jan 24, 2006 Sold $293,000 Public Record
Jan 1, 1990 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $567,112 $567,112 $9,169
2024 $567,112 $567,112 $9,047
2023 $567,112 $567,112 $8,927
2021 $321,171 $321,171 $5,204
2020 $304,899 $5,110
2019 $277,181 $4,930
2017 $291,550 $291,550 $4,449
2016 $208,250 $208,250 $3,684
2015 $208,250 $208,250 $3,637
2014 $189,510 $3,201
2013 $158,570 $2,808
2012 $174,040 $3,028
2011 $174,040 $3,025
2010 $193,380 $3,346
2009 $232,050 $3,846
2008 $317,140 $4,999

Property facts

Year built
1982
Property type
condos
Stories
5
Beds
2
Baths
2
Living area
1,402 sqft
Lot size
ZIP code
32963
City
Vero Beach
Street
Ocean Dr
Coordinates
27.63156, -80.35156

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
$2,594
Gross rental yield
5.37%
Implied cap rate
3.49%
Trend-extrapolated value

Frequently asked questions

When did 1616 Ocean Dr last sell?
1616 Ocean Dr most recently sold on Aug 22, 2022 for $580,000.
What is the current tax assessment for 1616 Ocean Dr?
The most recent total assessment for 1616 Ocean Dr (year 2025) is $567,112 with $9,169 in property tax.
How does 1616 Ocean Dr's assessment compare to its last sale price?
The current assessment is 2.2% below the last sale price of $580,000.
When was 1616 Ocean Dr built?
1616 Ocean Dr was built in 1982.
How does 1616 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 1616 Ocean Dr?
1616 Ocean Dr is a 2 bed, 2 bath, 1,402 sqft condos.
Is 1616 Ocean Dr a flip candidate?
No — 1616 Ocean Dr does not appear in our flips dataset.
Is 1616 Ocean Dr a tax-appeal candidate?
No — 1616 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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