Back 116 Ocean Way
Off Market

116 Ocean Way

South Beach FL 32963

4
4
2
4300 sq. ft.
Single-Family
Last sold for $4,750,000

Overview

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.

Features

4 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
4300 sq. ft. floor area
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in South Beach over the last 12 months, the estimated median property value of 116 Ocean Way is $1.66m.

Median value
$1.66m
Estimated value range
$625k - $8m
Median days on market
112
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in South Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 116 Ocean Way

2026
Sold
$4,750,000
20 Feb 2026
2011
Sold
$1,812,500
31 Aug 2011 by Michael Thorpe, of Treasure Coast Sotheby's Int'l
2011
Sold
$1,812,500
31 Aug 2011 by Michael G Thorpe, of Treasure Coast Sotheby`S Int`L

Happy sellers in South Beach

85%
85% of sellers in South Beach reported that their sale price either exceeded or met their price expectations.

South Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in South Beach over the last 12 months.

Local market activity for 4 bedroom single-family properties in South Beach

In the last 12 months, 103 four-bedroom single-family properties similar to 116 Ocean Way, have been sold.

This represents a 22% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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