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 
2808 Cardinal Dr Condominium 1,920 B
2812 Cardinal Dr Condominium 1,920 B
2806 Cardinal Dr Condominium 1,920 B
2804 Cardinal Dr Condominium 1,920 B
2802 Cardinal Dr Condominium 1,920 B
2800 Cardinal Dr Condominium 1,920 B
2822 Cardinal Dr Condominium 1,920 B
2814 Cardinal Dr Condominium 1,920 B
2816 Cardinal Dr Condominium 1,920 B
2818 Cardinal Dr Condominium 1,920 B
2820 Cardinal Dr Condominium 1,920 B
2824 Cardinal Dr Condominium 1,920 B
836 Gayfeather Ln Single Family 2,236 A
2700 Cardinal Dr Single Family 1,423 A
2702 Cardinal Dr Single Family 1,440 A
835 Gayfeather Ln Vacant Residential 2,231 L
2704 Cardinal Dr Single Family 1,424 A
2706 Cardinal Dr Single Family 1,424 A
2708 Cardinal Dr Single Family 1,338 A
2710 Cardinal Dr Single Family 1,424 A
835 Hibiscus Ln Single Family 2,867 B
826 Gayfeather Ln Single Family 2,173 B
2712 Cardinal Dr Single Family 1,424 A
825 Gayfeather Ln Single Family 2,551 A
2714 Cardinal Dr Single Family 1,338 A
852 Flamevine Ln Single Family 2,640 B
2716 Cardinal Dr Single Family 1,424 B
2718 Cardinal Dr Single Family 1,424 A
825 Hibiscus Ln Single Family 2,227 B
2855 Ocean Dr Mixed use - store and office or store and residential or residential combination 21,434 B
2720 Cardinal Dr Single Family 1,338 A
816 Gayfeather Ln Single Family 2,832 A
840 Flamevine Ln Single Family 2,915 A
2722 Cardinal Dr Single Family 1,424 A
2724 Cardinal Dr Single Family 1,424 A
2726 Cardinal Dr Single Family 1,338 A
815 Gayfeather Ln Single Family 2,089 B
2728 Cardinal Dr Single Family 1,424 A
2801 Ocean Dr Office building, non-professional service building, multi-story 16,982 B
815 Hibiscus Ln Single Family 2,297 B
836 Hibiscus Ln Single Family 3,148 B
814 Gayfeather Ln Single Family 885 A
2730 Cardinal Dr Single Family 1,424 A
828 Flamevine Ln Single Family 2,421 B
2732 Cardinal Dr Single Family 1,338 A
2743 Ocean Dr Condominium 1,567 B
2743 Ocean Dr Condominium 1,712 B
2743 Ocean Dr Condominium 1,712 B
2743 Ocean Dr Condominium 1,712 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 79 of all properties in this area. This suggests it would appeal to someone earning around $107,654 per year who should qualify for a mortgage between $215,308 and $269,135.

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 79 of all properties in this area. This corresponds to a rent of $1,178 per month and a monthly household income of $3,563 ($42,756 per year)

Nearby Companies

Tocqueville Asset Management L.P.
2901-2911 Cardinal Dr
Tocqueville Management Corp.
2911 Cardinal Dr
Ashwaubenon Parking, LLC
2911 Cardinal Dr
2901 Cardinal Drive LLC
2911 Cardinal Dr
Frosting LLC
2915 Cardinal Dr
Gibbflin, L.L.C.
2920 Cardinal Dr
Arden Properties, LLC
2920 Cardinal Dr
1000 37th Place, L.L.C.
2920 Cardinal Dr
Security Building, LLC
2920 Cardinal Dr
Shadow Mountain, LLC
2920 Cardinal Dr
Arden Brokerage LLC
2920 Cardinal Dr
920 37th Place, LLC
2920 Cardinal Dr
J & Me Farms, LLC
2920 Cardinal Dr
The Walker Group, Inc
2920 Cardinal Dr
Polo Deli Vero, Inc.
2916 Cardinal Dr
Richard Luts Horologist, LLC
2925 Cardinal Dr
Mvp Sports, Inc.
811 Gayfeather Ln
Wykoff - Monday Inc.
811 Gayfeather Ln
Yoha Vero, LLC
825 Hibiscus Ln
Body By LLC
2700 Cardinal Dr
A Healthier Me, LLC
2855 Ocean Dr
Studio Gabriel, Inc.
2855 Ocean Dr
Coastal Interiors, LLC
2801 Ocean Dr
Dowling & Hales, LLC
2801 Ocean Dr
Disclaimers and Disclosures

Public Records Data

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