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 
525 Eugenia Rd Single Family 2,164 B
3656 Mockingbird Dr Single Family 3,960 A
506 Fiddlewood Rd Single Family 1,913 B
500 Eugenia Rd Single Family 2,601 B
475 Eugenia Rd Single Family 2,101 B
526 Eugenia Rd Single Family 3,143 B
535 Eugenia Rd Single Family 2,612 A
476 Fiddlewood Rd Single Family 2,950 A
516 Fiddlewood Rd Single Family 3,627 A
476 Eugenia Rd Single Family 2,467 A
501 Fiddlewood Rd Single Family 2,085 B
546 Eugenia Rd Single Family 3,822 B
455 Eugenia Rd Single Family 2,196 B
3606 Mockingbird Dr Single Family 1,605 B
545 Eugenia Rd Single Family 2,239 B
466 Fiddlewood Rd Single Family 1,556 B
515 Date Palm Rd Single Family 3,066 B
505 Fiddlewood Rd Single Family 2,436 B
526 Fiddlewood Rd Single Family 2,210 B
456 Eugenia Rd Single Family 2,122 A
475 Date Palm Rd Single Family 1,969 B
525 Date Palm Rd Single Family 2,542 B
3712 Mockingbird Dr Single Family 1,383 B
465 Fiddlewood Rd Single Family 2,114 B
445 Eugenia Rd Single Family 2,212 B
3715 Mockingbird Dr Single Family 3,454 B
456 Fiddlewood Rd Single Family 1,938 A
525 Fiddlewood Rd Single Family 2,983 B
555 Eugenia Rd Single Family 2,923 B
455 Date Palm Rd Single Family 2,098 B
536 Fiddlewood Rd Single Family 2,231 B
446 Eugenia Rd Single Family 2,449 B
535 Date Palm Rd Single Family 2,798 A
526 Greytwig Rd Single Family 2,073 B
500 Greytwig Rd Single Family 1,401 B
3725 Mockingbird Dr Single Family 1,869 A
536 Greytwig Rd Single Family 1,782 B
3550 Mockingbird Dr Single Family 2,512 B
455 Fiddlewood Rd Single Family 2,086 B
425 Eugenia Rd Single Family 2,096 B

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.

The tax assessed value of this property places it in percentile 89 of all properties in this area. This suggests it would appeal to someone earning around $154,268 per year who should qualify for a mortgage between $308,536 and $385,670.

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%.

This property falls in percentile 89 of all properties in this area. This corresponds to a rent of $1,431 per month and a monthly household income of $4,369 ($52,428 per year)

Nearby Companies

Mww & Associates, LLC
3550 Mockingbird Dr
Hjs Advisors LLC
526 Eugenia Rd
Real Gilbert LLC
535 Date Palm Rd
Real Motfish, LLC
535 Date Palm Rd
The Faye Foundation, LLC
475 Eugenia Rd
Vocabulary University, LLC
3650 Mockingbird Dr
Cassius One, LLC
3650 Mockingbird Dr
Open House Communications, LLC
505 Fiddlewood Rd
Oceanside Home Watch LLC
506 Fiddlewood Rd
Brian Alexa, LLC
465 Fiddlewood Rd
Disclaimers and Disclosures

Public Records Data

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