Exceptional opportunity in coveted Central Beach! Ideal for investors, builders or to build your Dream Beach Home... Just a four-minute stroll to Ocean Drive’s boutique shops, fine dining, boardwalk, and beach, as well as the Museum of Fine Art, Theatre, and Riverside Park. Nestled among majestic oaks and multi-million-dollar custom homes, this Charming Beach Bungalow is offered "AS IS" NO CONTINGENCIES—BEING SOLD AS A TEAR-DOWN -VALUE IS IN THE DOUBLE LOT.
Single-familyProperty Type
1954Year Built
$554Est. Price/Sq.Ft.
1 spaceParking
Listed by Eileen Diamond• Keller Williams Realty of Vero
Exceptional opportunity in coveted Central Beach! Ideal for investors, builders or to build your Dream Beach Home. .. Just a four-minute stroll to Ocean Drive’s boutique shops, fine dining, boardwalk, and beach, as well as the Museum of Fine Art, Theatre, and Riverside Park. Nestled among majestic oaks and multi-million-dollar custom homes, this Charming Beach Bungalow is offered "AS IS" NO CONTINGENCIES—BEING SOLD AS A TEAR-DOWN -VALUE IS IN THE DOUBLE LOT.
Beaches MLS #F10522851
Oct 9, 2025
Sold
$840,000
$419/sq ft
Aug 21, 2025
Listed
$875,000
$437/sq ft
Stellar MLS as Distributed by MLS Grid #O6339484
Oct 9, 2025
Sold
$840,000
$419/sq ft
Sep 30, 2025
Pending
—
Sep 19, 2025
Price Changed
$875,000
$437/sq ft
Aug 21, 2025
Listed
$925,000
$462/sq ft
Exceptional opportunity in coveted Central Beach! Ideal for investors, builders or to build your Dream Beach Home. .. Just a four-minute stroll to Ocean Drive's boutique shops, fine dining, boardwalk, and beach, as well as the Museum of Fine Art, Theatre, and Riverside Park. Nestled among majestic oaks and multi-million-dollar custom homes, this Charming Beach Bungalow is offered "AS IS" NO CONTINGENCIES—BEING SOLD AS A TEAR-DOWN -VALUE IS IN THE DOUBLE LOT.
RAIRCMLS #195659
Jan 5, 2018
Sold
$373,000
$186/sq ft
Dec 8, 2017
Pending
—
Dec 1, 2017
Contingent
—
Nov 7, 2017
Price Changed
$379,500
$189/sq ft
Oct 31, 2017
Listed
$399,500
$199/sq ft
RAIRCMLS #185870
Aug 16, 2017
Sold
$290,000
$145/sq ft
Beaches MLS #R10325337
Aug 16, 2017
Sold
$290,000
$145/sq ft
May 29, 2017
Listing Removed
—
Apr 12, 2017
Listed
$375,000
$187/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,524 (−19.6%)
2024
$10,600 (+11.2%)
2023
$9,536 (+19.7%)
2022
$7,966 (+18.4%)
2021
$6,730 (+9.3%)
2020
$6,155 (−5.1%)
2019
$6,487 (+1.2%)
$277,440 + $96,870
$374,310
2018
$6,410 (+113.3%)
$277,440 + $106,888
$384,328
2017
$3,005 (+1.5%)
2016
$2,961 (+2.1%)
2014
$2,900
Tax history for 628 Banyan Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,524 (−19.6%)
2024
$10,600 (+11.2%)
2023
$9,536 (+19.7%)
2022
$7,966 (+18.4%)
2021
$6,730 (+9.3%)
2020
$6,155 (−5.1%)
2019
$6,487 (+1.2%)
$277,440 + $96,870
$374,310
2018
$6,410 (+113.3%)
$277,440 + $106,888
$384,328
2017
$3,005 (+1.5%)
2016
$2,961 (+2.1%)
2014
$2,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
3
Stories
1
Lot width
100 ft.
Lot depth
140 ft.
Lot size
0.32 Acres
Year renovated
1954
Sq. Ft.
2,004
Year built
1954
Style
Single Family Residential
County
Indian River County
APN
32403200006012000016.0
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
R-1A
Single-Family Residential District
These districts are designed to provide suitable areas for low-density residential development where appropriate urban services and facilities are provided or where the extension of such services and facilities will be physically and economically feasible. These districts will be characterized by single-family detached structures and such other structures as are accessory thereto. These districts also may include, as conditional uses, community facilities and utilities which serve specifically the residents, or which are benefited by and compatible with a residential environment.; It is the express purpose of this section to exclude from this district all buildings or other structures and uses having commercial characteristics, whether operated for profit or otherwise, except that home occupations specifically provided for in these regulations shall be allowed if they otherwise conform to the provisions of this chapter.; These districts also may include, as conditional uses, places of worship, public parks and recreation areas, golf courses and country clubs, public and private utilities, educational institutions, cultural activities, and day care services which serve specifically the residents or which are benefited by and compatible with a residential environment.
Permitted uses
Include but are not limited to:
Housing-Single unit
Jun 15, 2026 • Active
Residential
Work on a single detached garage.
Addition
Jun 15, 2026 • Active
Residential
Construct a new single-family home.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.