Market Guide: 4 Coastal Homes In Florida For $20 Million Or Less

Ocean to River Luxury Living in Vero Beach Ocean Club
Here's a look at what $20 million or less buys along the Florida coast. (Dale Sorensen Real Estate)

Florida’s luxury housing market will continue to make waves based on price and sales growth, particularly in Miami.

In 2022, an analysis predicted a 10% increase for prime residential properties in the city—outpacing other global markets during the year.

Beachfront properties in Florida remain popular among buyers, particularly properties in the Indian River and Vero Beach communities.

Here are some of the best luxury homes near coastal areas as listed by Dale Sorensen Real Estate, an elite property brokerage in Florida.

1840 S Highway A1A & 1850 S Highway A1A Rear Exterior Swimming Pool

For the best in oceanfront living in Vero Beach, Florida, head to the estate at 1840 S Highway A1A and 1850 S Highway A1A. (Dale Sorensen Real Estate)

A Luxurious Estate With Convenient Beach Access

Listing Price: $20 million

This beachfront estate in the Kansas City Colony subdivision, Vero Beach, offers 100 feet of ocean frontage. The property’s landscape makes the ocean seem like a stone’s throw away from the backyard.

The luxury home consists of two stories with high-end interior design finishing. The kitchen, master suite and home office are on the first floor. Step outside to see a summer kitchen and a dune crossover.

1840 S Highway A1A & 1850 S Highway A1A Living Room Designer Interior

The luxury home consists of two stories with high-end interior design finishing. (Dale Sorensen Real Estate)

Key details of the 8,373-square-foot property:

  • 4 garage spaces
  • 5 bedrooms
  • 7 full bathrooms and 2 half bathrooms
  • Central and electric heating
  • Custom millwork
  • Gourmet kitchen
  • Infinity pool with spa
  • Outdoor kitchen and shower

An elevator leads to the guest suites and beachfront veranda on the second floor.

The luxury property’s buyer would enjoy 215 feet of ocean frontage upon acquiring the adjacent land. A landscape of plants and trees ensures privacy, which is further heightened by a more-than-100-foot driveway.

Read More: Oceanfront Florida Mansion Sells For More Than $90 Million


 1804 Ocean Drive Front Exterior

Listed for $18 million, this resort-style oceanfront home sits at the end of a long, winding driveway with a one-bedroom guest cottage. (Dale Sorensen Real Estate)

An Oceanfront Estate In A Historic Subdivision

Listing Price: $18 million

Luxury homes in the historic Riomar subdivision in Vero Beach attract buyers partly because of the panoramic ocean views. An example is the 1804 Ocean Drive property that spans 6,714 square feet.

Residents of Riomar only drive for a few minutes to visit recreational centers such as the Riomar Country Club and Treasure Coast Plaza.

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Eye-catching details include artistic wall treatments, vaulted ceilings and custom molding. (Dale Sorensen Real Estate)

Key details of the 1804 Ocean Drive property:

  • 3 garage spaces
  • 6 bedrooms
  • 6 full bathrooms and 1 half bathroom
  • Central-air and electric cooling systems
  • Gourmet kitchen
  • Hardwood floors and custom millwork
  • Heated, private swimming pool
  • Tile roofing

The resort-style property includes a guest cottage with one bedroom and bathroom. From the spacious oceanfront pool deck, a private ramp connects the luxury home to the beach.

Read More: Exploring Vero Beach’s Riomar: A Neighborhood Between Two Waters


 865 Riomar Drive Front Exterior

For a Mediterranean vibe, head to 865 Riomar Drive in the Historic Riomar neighborhood.

An Affordable Tropical Home In Riomar

Listing Price: $5.9 million

Here’s another luxury home in the Riomar subdivision. The property at 865 Riomar Drive takes inspiration from Mediterranean design with a clay tile roof and an extensive loggia.

The one-story home underwent a complete remodel in 2013 with the main house having 3 bedrooms and 3.5 bathrooms. A guest house has one bedroom and one bathroom.

 865 Riomar Drive Formal Dining Room

Grand living spaces include a fabulous dining room set beneath a raised ceiling. (Dale Sorensen Real Estate)

Key details of the 865 Riomar Drive property:

  • 3 garage spaces
  • 4 bedrooms
  • 4 bathrooms and 1 half bathroom
  • Central-air and electric cooling systems
  • Gourmet kitchen and 1,000-bottle wine cellar
  • Heated, private swimming pool
  • Outdoor kitchen and shower
  • Tile roofing

While the luxury home doesn’t have private beach access, it only takes a short walk to reach the sandy shores of Vero Beach.

Read more: Waterfront Vacation Villa Seeks $3 Million On Turks And Caicos Islands


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The Vero Beach Ocean Club community in Hutchinson Island, the so-called  Hamptons of Florida, became known for its exclusivity with only 31 luxury estates and seven oceanfront homes. (Dale Sorensen Real Estate)

A Luxury Coastal Home In The Hamptons of Florida

Listing Price: $3.29 million

The Vero Beach Ocean Club community in Hutchinson Island, the so-called  Hamptons of Florida, became known for its exclusivity with only 31 luxury estates and seven oceanfront homes.

The Sunset Key at 6700 North Highway A1A, #31, is the biggest oceanfront residence with three floors on 4,411 square feet of living spaces.

6700 N Highway A1A Vero Beach Interior Living Room

The Sunset Key at 6700 North Highway A1A, #31, is the biggest oceanfront residence with three floors on 4,411 square feet of living spaces. (Dale Sorensen Real Estate)

Key details of the 5,364-square-foot property:

  • 4 bedrooms
  • 4 bathrooms and 1 half bathroom
  • Central cooling and heating systems
  • Deck, outdoor kitchen and patio
  • Floor-to-ceiling glass windows and outdoor terraces
  • Heated, private swimming pool
  • Open floor kitchen with Wolf gas range and grill

Residents in Vero Beach Ocean Club enjoy 225 feet of frontage along the Atlantic Ocean. A private underground tunnel leads to an exclusive beach, clubhouse and fitness center among other amenities.

Model homes under construction in the five-star community resort cost at least $3.1 million.

Read More: House Hunting: Homes For $6.2 Million Near Vero Beach, Manhattan And Toronto

Author

Randolf Santos has covered different segments of the real estate industry since 2014. He worked at S&P Global Market Intelligence before joining Forbes Global Properties as a contributor.

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