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 
1161 Riverwind Cir Single Family 2,898 A
1153 Riverwind Cir Single Family 3,112 A
1165 Riverwind Cir Single Family 3,037 A
1149 Riverwind Cir Single Family 3,037 A
4229 Diamond Sq Single Family 3,435 A
1154 Riverwind Cir Single Family 2,858 A
1148 Riverwind Cir Single Family 3,994 A
1145 Riverwind Cir Single Family 2,964 A
1169 Riverwind Cir Single Family 2,898 A
1160 Riverwind Cir Single Family 2,858 A
1164 Riverwind Cir Single Family 2,796 A
4231 Diamond Sq Single Family 2,654 A
4227 Diamond Sq Single Family 2,956 A
1173 Riverwind Cir Single Family 3,033 A
1130 Riverwind Cir Single Family 4,199 A
1141 Riverwind Cir Single Family 4,000 A
4225 Diamond Sq Single Family 2,821 A
1177 Riverwind Cir Single Family 2,910 A
4233 Diamond Sq Single Family 0 A
4300 Summer Breeze Ter Single Family 2,931 A
1120 Riverwind Cir Single Family 4,749 A
1137 Riverwind Cir Single Family 3,763 A
4223 Diamond Sq Single Family 0 A
1181 Riverwind Cir Single Family 2,970 A
1133 Riverwind Cir Single Family 3,047 A
4226 Diamond Sq Single Family 2,684 A
4304 Summer Breeze Ter Single Family 3,048 A
1116 Riverwind Cir Single Family 0 A
4235 Diamond Sq Single Family 3,706 A
1129 Riverwind Cir Single Family 0 A
4221 Diamond Sq Single Family 3,059 A
4224 Diamond Sq Single Family 2,659 A
1185 Riverwind Cir Single Family 2,898 A
1112 Riverwind Cir Vacant Residential 0 L
4308 Summer Breeze Ter Single Family 3,003 A
1125 Riverwind Cir Single Family 3,763 A
4301 Summer Breeze Ter Single Family 3,480 A

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 88 of all properties in this area. This suggests it would appeal to someone earning around $144,525 per year who should qualify for a mortgage between $289,050 and $361,313.

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 88 of all properties in this area. This corresponds to a rent of $1,378 per month and a monthly household income of $4,243 ($50,916 per year)

Nearby Companies

Taylor Bean, LLC
1120 Riverwind Cir
Miranda Books, Inc.
1173 Riverwind Cir
Harbor Primary Care, P.A.
4229 Diamond Sq
Cmg Partners, L.L.C.
4300 Summer Breeze Ter
Premier Club Management Services, LLC
4300 Summer Breeze Ter
Peter Olivers, LLC
4300 Summer Breeze Ter
Valley View 9, LLC
4300 Summer Breeze Ter
K.J.G. Consulting Services, Inc.
4300 Summer Breeze Ter
Vero Marketing, LLC
4231 Diamond Sq
Bella Figura LLC
4231 Diamond Sq
Beacon People Solutions, LLC
1148 Riverwind Cir
Susan B Powell LLC
1088 River Wind Cir
Sun-Jin, LLC
1125 River Wind Cir
Disclaimers and Disclosures

Public Records Data

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