251 S Blue Wave Lane, Indian River Shores, FL 32963 (MLS# R11152574)

251 S Blue Wave Lane, Indian River Shores, FL 32963

$7,950,000
Property Type: Land & Docks Lot Size (sq. ft.): 67,954 Status: Active
Current Price: $7,950,000 List Date: 1/08/2026 Last Modified: 3/11/2026

Overview

Listing Details MLS# R11152574

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
1.56
Lot Size Square Feet
67954
Lot Size Dimensions
132.0 ft x 390.0 ft
Waterfront YN
Yes
Direction Faces
West
LP/SqFt
116.99

Property Features

Current Use: Single Family Development Status: Raw Land Documents Available: Survey Location of Property: Beach Access; Subdivision Possession: Close Of Escrow Possible Use: Single Family Trees: Other Utilities: None Vegetation: Other Listing Terms: Cash; Conventional Road Frontage Type: Private Road Road Surface Type: Paved Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Text Listing Agent Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2026-01-08
Original List Price
7950000
LP/Acre
5096153.85

Location and Legal

Country
United States
County Or Parish
Indian River
County Parish Name
Indian River
Street Number
251
Street Direction Prefix
S
Street Name
Blue Wave
Street Suffix
Lane
City Name
Indian River Shores
State Or Province
FL
Postal Code
32963
Postal Zip
32963
Subdivision Name
OCEAN PEARL SUBDIVISION
Area
6321 - City of Vero Beach (IR)
Geographic Area
INRV - Indian River
Parcel Number
31393600019000000006.0
Zoning
RS-6

Financial Information

Association YN
Yes
Association Fee
525
Association Membership
Mandatory
Tax Year
2025
Tax Annual Amount
40036.6
Tax Legal Description
OCEAN PEARL SUBDIVISION PBI 13-57 LOT 6 AND A POR OF LOT 7 MORE FULLY DESC AS FOLL COM AT THE NW COR OF LOT 6 SAID POINT

Status Change Information

Major Change Timestamp
2026-01-08T18:52:21Z
Major Change Type
New Listing
Status Change Date
2026-01-08

More Information

Short Sale Details

Short Sale Addendum
No

Originating Details

Originating System Key
20260108184952535322000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Application Fee Details

Application Fee
0

Documents Available

Survey
Yes

Current Use

Single Family
Yes

Development Status

Raw Land
Yes

Location of Property

Beach Access
Yes
Subdivision
Yes

Possession

Close Of Escrow
Yes

Possible Use

Single Family
Yes

Trees

Other
Yes

Utilities

None
Yes

Vegetation

Other
Yes

Water View

Ocean
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

Private Road
Yes

Road Surface Type

Paved
Yes

Waterfront Features

Ocean Front
Yes

Showing Requirements

Text Listing Agent
Yes

Acreage Description

1 To Less Than 2 Acre Lot
Yes
Listing Office: The Keyes Company
IDX
Last Updated: March - 11 - 2026
Broker Attribution: 435-557-2667

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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