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 
1145 17th Pl Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 0 B
1125 17th Pl Multi-family - less than 10 units 1,987 B
17th St Vacant Residential 0 L
1120 17th St Mixed use - store and office or store and residential or residential combination 1,466 B
1155 17th Pl Light manufacturing 10,348 B
1138 17th Pl Office building, non-professional service building, one story 1,686 B
1126 17th Pl Single Family 853 C
1140 17th Pl Office building, non-professional service building, one story 6,334 C
1728 Old Dixie Hwy Vacant Industrial 0 L
1708 Old Dixie Hwy Office building, non-professional service building, one story 2,820 B
1738 Old Dixie Hwy Auto sales, auto repair and storage or auto service shop 2,375 B
1101 17th Pl Vacant Industrial 0 L
1100 17th St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 30,000 B
1176 17th Pl Parking lot (commercial or patron) or mobile home park 0 L
1135 17th St Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2,328 B
1114 17th St Office building, non-professional service building, one story 2,115 C
1680 Old Dixie Hwy Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 3,739 B
1101 18th Pl Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 43,808 B
1715 Old Dixie Hwy Office building, non-professional service building, one story 2,636 B
1735 Old Dixie Hwy Vacant Industrial 0 L
1705 Old Dixie Hwy Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 8,155 B
1660 Old Dixie Hwy Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 6,195 B
1745 Old Dixie Hwy Repair service shop (excluding automotive) 2,522 B
1784 Old Dixie Hwy Light manufacturing 3,854 B
1695 Old Dixie Hwy Auto sales, auto repair and storage or auto service shop 2,280 B
1749 Old Dixie Hwy Restaurant, cafeteria 2,706 B
1177 18th Pl Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 10,391 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 21 of all properties in this area. This suggests it would appeal to someone earning around $27,990 per year who should qualify for a mortgage between $55,980 and $69,975.

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 21 of all properties in this area. This corresponds to a rent of $641 per month and a monthly household income of $2,068 ($24,816 per year)

Nearby Companies

Eggs Of Vero Beach, Inc.
1749 Old Dixie Hwy
Spark Of Divine, LLC
1789 Old Dixie Hwy
Wild Thyme Catering LLC
1785 Old Dixie Hwy
Designer'S Touch Flooring, Inc.
1715 Old Dixie Hwy
King Tire Repair, Inc
1738 Old Dixie Hwy
Dunlap Construction, LLC
1708 Old Dixie Hwy
Universal Wood Design, Inc.
1708 Old Dixie Hwy
Disclaimers and Disclosures

Public Records Data

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