Indian River County Real Estate - Vero Beach

Vero Beach is in South East Florida. It's population as recorded in the 2010 Census was 15,220. Vero Beach is approximately 25 miles from Port Saint Lucie (population 164,603) and around 30 miles from Palm Bay (population 103,190).

The median age for residents of Vero Beach is 50.9. Around 18.5% of Vero Beach households include school aged children and 42.3% of households include individuals aged 65 years or over. Census records indicate 87.4% of the Vero Beach population are White, 4.8% are Black or African American, .2% American Indian, 1.8% Asian and 1.7% are Two or more Races.

There are 10,258 housing units in Vero Beach. 2,753 (26.8%) of these were reported as vacant in the 2010 Census. Vero Beach is a tourist destination, 41.4% (1,141) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 3,741 residential rental units in Vero Beach. 2,828 of them were occupied in 2010 providing a residential rental vacancy rate of 23.7%.

Vero Beach links:

Indian River County

Indian River County is part of the southeast region of Florida, along with St. Lucie, Miami-Dade, Palm Beach, Broward, Martin, and Monroe counties. Cities in Indian River County are Vero Beach (county seat), Sebastian, Fellsmere, Indian River Shores, and Orchid. The county?s population is over 135,000 people. Indian River is one of the wealthiest counties in the state and in the nation.

Indian River County has targeted clean energy, information technology, aviation/aerospace, and financial/professional services as its industries for expansion. Major private sector employers are Indian River Medical Center, Publix Supermarkets, Piper Aircraft Inc., Sebastian River Medical Center, and John's Island. Public sector employers are School District of Indian River County, Indian River County, City of Vero Beach, and City of Sebastian.

As with most counties along the treasure coast, tourism is a major industry. Agriculture also plays a large part in Indian River County's economy. Resources produced here include citrus, beef, and honey. Because so much of the economy revolves around agriculture, unemployment is often high in summer months.

The most populous city is Sebastian, home to 22,000. Sebastian Airport is headquarters for Velocity Aircraft. The city is also home to an Indian River State College campus.

Over 15,000 people live in Vero Beach, the seat of Indian River County. One of the largest employers in the county is Piper Aircraft, which maintains their general aviation production facility and headquarters in the city. Vero Beach is a tourist destination, known for golfing, fishing, and surfing. It also hosts a Disney resort.

Neighboring Properties

AddressTypeSq FtClass 
2440 43rd St Multi-family - less than 10 units 1,872 B
4365 24th Av Vacant Residential 0 L
2330 43rd St Single Family 605 C
2405 43rd St Mixed use - store and office or store and residential or residential combination 1,794 C
2320 43rd St Vacant Commercial 0 L
2415 43rd St Miscellaneous Residential (migrant camp or boarding home.) 0 L
4346 24th Av Vacant Residential 0 L
4355 23rd Ct Vacant Commercial 0 L
4365 23rd Ct Single Family 926 B
4318 25th Av Vacant Residential 0 L
4316 25th Av Single Family 761 C
4336 25th Av Vacant Residential 0 L
4375 23rd Ct Single Family 608 C
2455 43rd St Vacant Commercial 0 L
2460 43rd St Vacant Commercial 0 L
4356 25th Av Single Family 1,090 C
2205 43rd St Restaurant, cafeteria 1,878 B
4385 23rd Ct Single Family 608 C
4280 25th Av Single Family 1,202 C
24th Av Vacant Residential 0 L
4270 24th Ct Vacant Residential 0 L
4285 24th Ct Vacant Residential 0 L
4270 25th Av Single Family 749 C
4285 24th Av Vacant Residential 0 L
4400 25th Av Multi-family - less than 10 units 1,547 B
4275 24th Ct Single Family 838 B
4260 24th Ct Vacant Residential 0 L
4315 25th Av Single Family 1,403 C
4266 25th Av Vacant Residential 0 L
4365 25th Av Single Family 863 C
4355 25th Av Single Family 1,343 C
4455 24th Av Vacant Residential 0 L
4410 25th Av Single Family 740 C
4265 24th Ct Single Family 0 B
4255 24th Av Church 0 L
2505 43rd St Nightclub, cocktail lounge or bar 2,540 C
4250 24th Ct Single Family 888 C
2555 44th St Vacant Residential 0 L
4285 25th Av Vacant Commercial 0 L
4260 25th Av Vacant Residential 0 L
4255 24th Ct Single Family 1,609 C
4260 24th Av Vacant Residential 0 L
4401 25th Av Single Family 1,945 C

Local Household Income

The median household income in this part of Florida is $56,422. The bottom 10% of the population earn less than $18,447 per year. The top 10% earn more than $165,349 per year. The top 1% earn more than $623,975 per year. Most renters earn between $24,468 (20th percentile) and $43,200 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $112,844 and $141,055.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $848. Most renters earn between $2,039 and $3,600 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $625 (20th percentile) to $1,191 (80th percentile) range. The residential vacancy rate is 9%.

Nearby Companies

Pam'S Black Magic Hair Salon, LLC
4550 24th Ave Unit 115
Disclaimers and Disclosures

Public Records Data

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