2358 Vero Beach 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:
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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
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 2061 Delmar Av | Single Family | 1,692 | B |
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| 2051 Delmar Av | Single Family | 1,420 | B |
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| 2342 Vero Beach Av | Single Family | 1,082 | B |
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| 2041 Delmar Av | Single Family | 1,972 | B |
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| 2442 Buena Vista Blvd | Single Family | 3,056 | B |
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| 2031 Delmar Av | Single Family | 1,326 | B |
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| 2341 Vero Beach Av | Single Family | 1,149 | B |
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| 2332 Vero Beach Av | Single Family | 2,030 | B |
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| 2502 Buena Vista Blvd | Single Family | 1,268 | B |
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| 2040 Delmar Av | Single Family | 2,112 | B |
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| 2331 Vero Beach Av | Single Family | 2,523 | B |
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| 2021 Delmar Av | Single Family | 893 | B |
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| 2030 Delmar Av | Single Family | 1,178 | B |
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| 2020 Delmar Av | Single Family | 1,433 | B |
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| 2402 Buena Vista Blvd | Single Family | 1,645 | B |
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| 2505 Vero Beach Av | Single Family | 1,761 | B |
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| 2411 Buena Vista Blvd | Single Family | 1,352 | B |
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| 2510 Buena Vista Blvd | Single Family | 1,127 | B |
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| 2010 Delmar Av | Single Family | 1,582 | B |
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| 2322 Cortez Av | Single Family | 1,973 | B |
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| 2011 Delmar Av | Single Family | 1,980 | B |
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| 2322 Vero Beach Av | Single Family | 2,201 | B |
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| 2321 Vero Beach Av | Miscellaneous Residential (migrant camp or boarding home.) | 0 | L | |
| 2414 Cortez Av | Single Family | 1,086 | B |
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| 2501 Buena Vista Blvd | Single Family | 1,584 | B |
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| 2515 Vero Beach Av | Single Family | 1,194 | B |
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| 2312 Cortez Av | Single Family | 4,481 | A |
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| 2021 Balboa Av | Single Family | 1,608 | B |
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| 2011 Balboa Av | Single Family | 1,824 | B |
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| 2520 Buena Vista Blvd | Single Family | 1,548 | B |
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| 2420 Cortez Av | Single Family | 1,790 | B |
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| 2401 20th Av | Single Family | 1,572 | B |
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| 2431 20th Av | Single Family | 1,399 | C |
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| 2475 20th Av | Single Family | 1,344 | B |
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| 2511 Buena Vista Blvd | Single Family | 1,133 | B |
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| 2001 Delmar Av | Single Family | 1,205 | B |
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| 2430 Cortez Av | Single Family | 1,451 | B |
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| 2312 Vero Beach Av | Single Family | 1,667 | B |
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| 2525 Vero Beach Av | Single Family | 932 | B |
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| 2526 Vero Beach Av | Single Family | 1,777 | B |
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| 2347 20th Av | Single Family | 1,671 | B |
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| 2106 Nevarra Av | Single Family | 1,738 | B |
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| 2521 Buena Vista Blvd | Single Family | 1,455 | B |
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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 65 of all properties in this area. This suggests it would appeal to someone earning around $75,982 per year who should qualify for a mortgage between $151,964 and $189,955.
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 65 of all properties in this area. This corresponds to a rent of $969 per month and a monthly household income of $3,159 ($37,908 per year)