BEST BUY ON THE WATER! Effective year built 2005! Nestled within the prestigious gated community of Riomar Bay II this custom-built canal home offers an unparalleled waterfront lifestyle. Relax and entertain under the beautiful covered lanai off the living rm with serene canal views; the built-in grill beckons you to dine alfresco. 4 bedrooms each boasting ensuite baths promise comfort & privacy throughout. A 2nd-floor balcony overlooks the canal, gazebo & the resort-style pool & spa. Elevator, loft, office, wood floors, and a new dock. 2-2022 & 2-2018 AC units. Sizes approx./subj. to error.
For sale
$2,990,000
740 Lagoon Rd, Vero Beach, FL 32963
4beds
5,080sqft
Est.:
Single Family Residence
Built in 1989
0.63 Acres Lot
$-- Zestimate®
$589/sqft
$390/mo HOA
What's special
New dockCovered lanaiResort-style pool and spaComfort and privacyCanal homeBuilt-in grillSerene canal views
- 871 days |
- 1,073 |
- 29 |
Zillow last checked: 8 hours ago
Listing updated: November 14, 2025 at 12:50pm
Listed by:
Matilde G Sorensen 772-231-4712,
Dale Sorensen Real Estate Inc.
Source: Realtor Association of Indian River County,MLS#: 272020
Originating MLS: Indian River
Originating MLS: Indian RiverTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Bedroom
- Dimensions: 22x18
Bedroom
- Dimensions: 14x16
Bedroom
- Dimensions: 14x12
Bedroom
- Dimensions: 13x11
Den
- Dimensions: 16x13
Dining room
- Dimensions: 14x11
Family room
- Dimensions: 25x19
Kitchen
- Dimensions: 17x12
Living room
- Dimensions: 26x16
Porch
- Dimensions: 25x8
Heating
- Central, Electric
Cooling
- Central Air, 3+ Units
Appliances
- Included: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
- Laundry: Laundry Room, Laundry Tub
Features
- Wet Bar, Built-in Features, Elevator, High Ceilings, Kitchen Island, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
- Flooring: Carpet, Tile, Wood
- Doors: French Doors
- Windows: Single Hung, Window Treatments
- Number of fireplaces: 2
Interior area
- Total interior livable area: 5,080 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener, Paver Block
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch, Screened
- Exterior features: Built-in Barbecue, Balcony, Barbecue, Enclosed Porch, Fence, Sprinkler/Irrigation, Porch
- Has private pool: Yes
- Pool features: Pool, Private
- Has spa: Yes
- Spa features: Hot Tub
- Has view: Yes
- View description: Canal, Pool, River
- Has water view: Yes
- Water view: Canal,River
- Waterfront features: Canal Access, Intracoastal Access
Lot
- Size: 0.63 Acres
- Dimensions: 119 x 230
- Features: 1/2 to 1 Acre Lot
Details
- Parcel number: 33400500029000000034.0
- Zoning: ,
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Tile
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None, Other
- Security: Gated Community, Phone Entry
- Subdivision: Riomar Bay
HOA
- Has HOA: Yes
- Amenities included: Dues Paid Annually
- Services included: Common Areas, Reserve Fund, Security
- HOA fee: $390 monthly
- HOA name: Keystone
Location
- Region: Vero Beach
Financial & listing details
- Price per square foot: $589/sqft
- Tax assessed value: $1,404,056
- Annual tax amount: $24,006
- Date on market: 10/6/2023
- Listing terms: Cash,New Loan
- Ownership: Single Family/Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2025 | Price change | $2,990,000-9.4%$589/sqft |
Source:  Realtor Association of Indian River County #272020 Report a problem | ||
| 4/29/2024 | Price change | $3,299,000-5.7%$649/sqft |
Source: Realtor Association of Indian River County #272020 Report a problem | ||
| 3/4/2024 | Price change | $3,500,000-10.3%$689/sqft |
Source: Realtor Association of Indian River County #272020 Report a problem | ||
| 10/6/2023 | Listed for sale | $3,900,000+194.3%$768/sqft |
Source: Realtor Association of Indian River County #272020 Report a problem | ||
| 5/2/2016 | Sold | $1,325,000-14.5%$261/sqft |
Source: Realtor Association of Indian River County #147267 Report a problem | ||
| 4/1/2016 | Price change | $1,549,000-11.2%$305/sqft |
Source: Premier Estate Properties #V147267 Report a problem | ||
| 2/3/2016 | Price change | $1,745,000-5.7%$344/sqft |
Source: Premier Estate Properties #V147267 Report a problem | ||
| 9/29/2015 | Price change | $1,850,000-7.3%$364/sqft |
Source: Premier Estate Properties #V147267 Report a problem | ||
| 2/3/2015 | Price change | $1,995,000-7.2%$393/sqft |
Source: Premier Estate Properties #V147267 Report a problem | ||
| 6/19/2014 | Listed for sale | $2,150,000+34.6%$423/sqft |
Source: Premier Estate Properties #V147267 Report a problem | ||
| 2/13/2011 | Listing removed | $1,597,000$314/sqft |
Source: Alex MacWilliam, Inc. #70510 Report a problem | ||
| 2/12/2011 | Listed for sale | $1,597,000+35.9%$314/sqft |
Source: Alex MacWilliam, Inc. #70510 Report a problem | ||
| 12/28/2010 | Sold | $1,175,000-13%$231/sqft |
Source: Public Record Report a problem | ||
| 4/6/2010 | Price change | $1,350,000-6.9%$266/sqft |
Source: Alex MacWilliam, Inc. #76603 Report a problem | ||
| 3/16/2010 | Price change | $1,450,000-9.2%$285/sqft |
Source: Alex MacWilliam, Inc. #76603 Report a problem | ||
| 9/15/2008 | Listed for sale | $1,597,000-19.9%$314/sqft |
Source: Alex MacWilliam Real Estate, Inc #76603 Report a problem | ||
| 7/12/2008 | Listing removed | $1,995,000$393/sqft |
Source: NCI #36766 Report a problem | ||
| 6/12/2008 | Listed for sale | $1,995,000$393/sqft |
Source: NCI #36766 Report a problem | ||
| 5/4/2008 | Listing removed | $1,995,000$393/sqft |
Source: NCI #36766 Report a problem | ||
| 2/22/2008 | Listed for sale | $1,995,000$393/sqft |
Source: NCI #36766 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $23,041 +4.7% | $1,489,563 +3% |
| 2023 | $22,006 +2.9% | $1,446,178 +3% |
| 2022 | $21,396 +1.1% | $1,404,056 +3% |
| 2021 | $21,152 +0.1% | $1,363,161 +1.4% |
| 2020 | $21,137 | $1,344,340 +2.3% |
| 2019 | $21,137 -0.4% | $1,314,115 +1.9% |
| 2018 | $21,225 +0.3% | $1,289,612 +5% |
| 2017 | $21,156 | $1,227,989 +6.4% |
| 2016 | $21,156 +9% | $1,154,310 +0.7% |
| 2015 | $19,416 -2.4% | $1,146,290 +0.8% |
| 2014 | $19,897 | $1,137,200 +6.3% |
| 2013 | -- | $1,069,750 +2% |
| 2012 | $17,361 -10.6% | $1,048,930 -7.4% |
| 2011 | $19,427 -3% | $1,132,680 -3.3% |
| 2010 | $20,029 -10.9% | $1,170,730 -14.6% |
| 2009 | $22,488 +4.8% | $1,370,330 0% |
| 2008 | $21,452 -16.7% | $1,370,400 -12.6% |
| 2007 | $25,743 | $1,568,550 +12.8% |
| 2006 | -- | $1,390,260 -8.4% |
| 2005 | -- | $1,518,240 |
| 2004 | -- | $1,518,240 +7.7% |
| 2003 | -- | $1,409,130 +14.5% |
| 2002 | $23,537 +11.1% | $1,230,270 +12.4% |
| 2001 | $21,195 +26.8% | $1,094,070 +31.4% |
| 2000 | $16,713 | $832,370 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$18,521/mo
Principal & interest
$14593
Property taxes
$3538
HOA Fees
$390
Climate risks
Neighborhood: 32963
Nearby schools
GreatSchools rating
- 7/10Beachland Elementary SchoolGrades: K-5Distance: 1.4 mi
- 7/10Gifford Middle SchoolGrades: 6-8Distance: 4.4 mi
- 5/10Vero Beach High SchoolGrades: 9-12Distance: 2.8 mi
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