2245 54th Av, Vero Beach

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:

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 
2235 54th Av Single Family 1,250 B
2255 54th Av Single Family 2,169 B
2315 55th Sq Single Family 2,084 A
2325 55th Sq Single Family 2,252 A
2305 55th Sq Single Family 2,071 A
2335 55th Sq Single Family 2,033 A
2295 55th Sq Single Family 2,202 A
2250 54th Av Single Family 1,569 B
2225 54th Av Single Family 1,550 C
2260 54th Av Single Family 1,637 B
2240 54th Av Single Family 1,520 B
2345 55th Sq Single Family 2,125 A
2405 54th Av Single Family 1,894 C
2285 55th Sq Single Family 1,989 A
2230 54th Av Single Family 1,252 B
2355 55th Sq Single Family 2,053 A
2310 55th Sq Single Family 1,964 A
2320 55th Sq Single Family 2,420 A
2300 55th Sq Single Family 2,039 A
2215 54th Av Single Family 1,295 B
2330 55th Sq Single Family 2,026 A
2275 55th Sq Single Family 2,014 A
2410 54th Av Single Family 1,922 B
2290 55th Sq Single Family 1,990 A
2245 53rd Av Single Family 1,586 C
2340 55th Sq Single Family 2,020 A
2255 53rd Av Single Family 1,213 C
2415 54th Av Single Family 1,862 B
2235 53rd Av Single Family 1,381 C
2365 55th Sq Single Family 1,974 A
2220 54th Av Single Family 1,695 B
2280 55th Sq Single Family 2,081 A
2265 55th Sq Single Family 2,039 A
2370 55th Sq Single Family 2,075 A
2225 53rd Av Single Family 1,789 C
2205 54th Av Single Family 1,907 B
2420 54th Av Single Family 1,432 B
2270 55th Sq Single Family 2,068 A
2405 53rd Av Single Family 1,212 B
2375 55th Sq Single Family 2,287 A
2210 54th Av Single Family 2,202 B
2400 55th Sq Single Family 2,279 A
2215 53rd Av Single Family 987 C
2255 55th Sq Single Family 2,435 A
2425 54th Av Single Family 1,231 B
2385 55th Sq Single Family 2,157 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 31 of all properties in this area. This suggests it would appeal to someone earning around $37,621 per year who should qualify for a mortgage between $75,242 and $94,053.

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 31 of all properties in this area. This corresponds to a rent of $717 per month and a monthly household income of $2,266 ($27,192 per year)

Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.