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$5,395,000
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Property Description
Turnkey oceanfront estate in the prestigious guard-gated community of Seagrove. Renovated by Croom Construction in 2012 with lifetime raised aluminum roof, impact glass, and electric storm shutters. Featuring 120 ft of private beachfront, floor-to-ceiling windows, and an open concept layout ideal for entertaining. Two elegant primary suites and sunlit living spaces create a seamless indoor-outdoor flow. Minutes from Vero's upscale dining, boutique shopping, and cultural venues. A rare opportunity to own a refined coastal retreat in one of Vero Beach's most sought-after enclaves. Move-in ready and meticulously maintained, with lush tropical landscaping, generous outdoor living spaces, and timeless architectural charm.
Full Property Details
Full Property Details for 116 Ocean Way
General
- Price: $5,395,000
- Taxes: (2024)
- Status: Active
- Type: Single Family
- Source: Ft_Lauderdale
- MLS ID: F10509733
- Updated: 12/4/2025
- Added to Site: 198 day(s) ago
Interior
- Number of Rooms: 6
- Rooms/Areas: No Additional Rooms, Other
- Interior Features: First Floor Entry, Bar, Kitchen Island, Fireplace, French Doors, Split Bedroom, Walk-In Closets
- Appliances: Automatic Garage Door Opener, Central Vacuum, Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Gas Tank Leased, Icemaker, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer
- Flooring: Carpeted Floors, Marble Floors, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 3
- Half Bathrooms: 2
- Primary Bathroom: 2 Master Bathrooms, Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: 2 Master Suites, At Least 1 Bedroom Ground Level, Master Bedroom Ground Level, Master Bedroom Upstairs
- Bedroom 2: SecondBedroom, 24'0'' x 14'0''
- Bedroom 3: ThirdBedroom, 15'0'' x 13'0''
- Bedroom 4: FourthBedroom, 15'0'' x 12'0''
Other Rooms
- Kitchen: Kitchen, 15'0'' x 12'0''
- Dining Room: Dining/Living Room, Eat-In Sq. Ft.
Additional Information
- Pool: Yes
- Pool Description: Below Ground Pool, Private Pool, 18x33
Exterior
- Exterior Features: Deck, Electric Shutters, High Impact Doors, Open Balcony, Outdoor Shower, Satellite Dish, Storm/Security Shutters
Parking
- Garage Spaces: 2
- Covered Spaces: 2
- Parking: Driveway
- Garage Description: Attached
Location
- Area: 6312 - Beach South (IR)
- County: Indian River County
- Development Name: seagrove
- Subdivision: Seagrove
- Driving Directions: A1A to Seagrove East. Straight thru Guard Gate to Ocean Way and turn right.116 Ocean Way is on the left.
- Direction Faces: East
School Information
- Elementary School: Beachland
- Middle School: Oslo
- High School: Vero Beach
Heating & Cooling
- Cooling Type: Other
- Heating Type: Central Heat
Utilities
- Sewer: Other Sewer
- Water: Other
Structural Information
- Architectural Style: WF/Pool/Ocean Access
- Construction: Frame Construction, Wood Siding
- Roof: Aluminum Roof
- Living Area: 4,300 Sq. Ft.
- Year Built: 1988
Lot Features
- Property View: Direct Ocean
- Zoning: residential
- Lot Description: 1 To Less Than 2 Acre Lot
Water Features
- Water Front: Yes
- Water Access Desc: Deeded Beach Access
Financial Considerations
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: SEAGROVE SOUTH SUBDIVISION UNIT2BLK K LOT PBI 11-51
- Restrictions: Ok To Lease With Res
- Property ID: 33401600013001100010
Listed by Engel & Voelkers Vero Beach
Get Pre-Approved Today
Schools
Schools serving 116 Ocean Way
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Beachland Elementary School 3350 Indian River Drive East, Vero Beach, FL 32963 | PK-5 | 4 mi |
Gifford Middle School 4530 28th Court, Vero Beach, FL 32967 | 6-8 | 6.9 mi |
Vero Beach High School 1707 16th Street, Vero Beach, FL 32960 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 Ocean Way
Date
Details
Price
Change
Source
12/04/2025
Price Reduced
$5,395,000
-6.9%
MLS
7/01/2025
Listed
$5,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 Ocean Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$50,474
6%
$3,566,452
6%
2024
$47,451
4%
$3,358,197
2%
2023
$45,841
16%
$3,302,239
22%
2021
$39,384
-6%
$2,700,057
-10%
2022
$41,901
6%
$2,985,669
12%
2021
$39,384
-14%
$2,670,677
-9%
2019
$45,758
4%
$2,947,155
10%
2018
$43,998
8%
$2,686,103
-3%
2017
$40,700
3%
$2,763,764
-2%
2016
$39,706
18%
$2,808,530
39%
2015
$33,548
10%
$2,019,430
7%
2014
$30,447
11%
$1,879,840
13%
2013
$27,441
—
$1,667,870
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 Ocean Way
116 Ocean Way, Vero Beach, FL 32963 (MLS# F10509733) is a Single Family property with 4 bedrooms, 3 full bathrooms and 2 partial bathrooms. 116 Ocean Way is currently listed for $5,395,000 and was received on July 01, 2025. Want to learn more about 116 Ocean Way? Do you have questions about finding other Single Family real estate for sale in Vero Beach? You can browse all Vero Beach real estate or contact a Coldwell Banker agent to request more information.

