3937 Indian River Drive E, Vero Beach, FL 32963 — MLS photo

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3937 Indian River Drive E, Vero Beach, FL 32963

Active · SingleFamilyResidence

$4,995,000

3937 Indian River Drive E, Vero Beach, FL 32963

Beds
4
Baths
4
Living area
4,005 sq ft
$ / sq ft
$1,247/sq ft
Year built
2022
Lot size
15,246 sq ft
HOA fee
—
Annual tax
$84,872

About this property

Contemporary luxury riverfront living in Vero Beach! Custom 2022-built home with 4 beds, 4 baths, 3 CG, and 5,261 SF. Soaring ceilings, contemporary design, and floor-to-ceiling sliders frame breathtaking river views, seamlessly connecting indoor and outdoor living. Chef's kitchen with quartz counters and premium Jenn-Air appliances, elegant living room with gas fireplace, private saltwater pool and spa, dock with boat and jet-ski lifts, and 109 feet of river frontage. Meticulously crafted riverfront retreat offering ultimate luxury, style, and waterfront living, perfect for entertaining and boating enthusiasts.

Property location

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3937 Indian River Drive E, Vero Beach, FL 32963

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
4,005 sq ft
Appliances
Some Gas Appliances, Built In Oven, Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Bathtub, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Main Level Primary, Sitting Area In Primary, Shower Only, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2022
Stories
1
Lot size
15,246 sq ft
Roof
Metal
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio
Pool
Heated, Pool
Waterfront
Navigable Water, River Front
View
Pool, River

Parking

Garage spaces
3
Covered spaces
3
Parking features
Attached, Circular Driveway, Garage, Two Or More Spaces

HOA, Community & Financials

Amenities
Boat Dock, Pool
Security
Security System, Security System Owned
Pets allowed
No
Annual tax
$84,872
Subdivision
RIVERSIDE PARK
County
Indian River
Days on market
649
MLS listing ID
R11049683
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$14,815

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.7%
Gross yield
5.0%
Mortgage payment
$23,679/mo
Down payment
$1,248,750
Loan amount
$3,746,250
Annual NOI
$106,369

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.