Back 5/1507 Ocean Drive
Off Market

5/1507 Ocean Drive

Vero Beach FL 32963

3
4
2
2356 sq. ft.
Single-Family
Last sold for $1,285,000
Michael MerrillMichael Merrill, last sold this property on 01 October 2025 after -23 days on market.

Overview

Enjoy refined coastal living in this three-story residence nestled in a private, gated enclave with deeded beach access. This 3BR/3.5BA home offers a private elevator, hardwood floors, a den/office, and a spacious two-car garage. Perfectly appointed with upscale finishes and offered furnished, this is a move-in-ready retreat. The community features a heated pool and unmatched walkability to Vero’s best shopping, dining, and entertainment.

Features

3 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
2356 sq. ft. floor area
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Vero Beach over the last 12 months, the estimated median property value of 5/1507 Ocean Drive is $1.21m.

Median value
$1.21m
Estimated value range
$415k - $6.47m
Median days on market
80
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Vero 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 5/1507 Ocean Drive

2025
Sold
$1,285,000
01 Oct 2025 by Michael Merrill, of Douglas Elliman Florida LLC

Happy sellers in Vero Beach

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

Vero 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 Vero Beach over the last 12 months.

Local market activity for 3 bedroom single-family properties in Vero Beach

In the last 12 months, 191 three-bedroom single-family properties similar to 5/1507 Ocean Drive, have been sold.

This represents a 6% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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