650 Royal Palm Blvd, 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

AddressTypeSq FtClass 
625 Royal Palm Blvd Multi-family - 10 units or more 10,656 B
640 Royal Palm Blvd Single Family 2,402 B
649 Royal Palm Blvd Condominium 1,200 B
2283 Blue Heron Ln Multi-family - less than 10 units 7,225 B
2285 Blue Heron Ln Vacant Residential 0 L
2281 Blue Heron Ln Vacant Residential 0 L
650 Royal Palm Blvd Condominium 1,081 B
650 Royal Palm Blvd Condominium 1,040 B
650 Royal Palm Blvd Condominium 1,015 B
613 Royal Palm Blvd Multi-family - less than 10 units 2,013 B
635 Wall St Single Family 2,766 A
655 Wall St Single Family 2,290 B
625 Wall St Single Family 2,245 B
2257 Blue Heron Ln Single Family 2,088 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
600 Royal Palm Blvd Condominium 1,400 B
665 Wall St Single Family 2,578 A
615 Wall St Single Family 2,067 B
680 Royal Palm Blvd Single Family 2,576 B
2355 5th Av Vacant Residential 0 L
677 Royal Palm Blvd Condominium 1,200 B
677 Royal Palm Blvd Condominium 1,200 B
649 Royal Palm Blvd Condominium 700 B
677 Royal Palm Blvd Condominium 700 B
677 Royal Palm Blvd Condominium 700 B
677 Royal Palm Blvd Condominium 1,200 B
677 Royal Palm Blvd Condominium 1,200 B
677 Royal Palm Blvd Condominium 700 B
677 Royal Palm Blvd Condominium 1,200 B
677 Royal Palm Blvd Condominium 1,200 B
677 Royal Palm Blvd Condominium 700 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 67 of all properties in this area. This suggests it would appeal to someone earning around $79,663 per year who should qualify for a mortgage between $159,326 and $199,158.

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 67 of all properties in this area. This corresponds to a rent of $1,001 per month and a monthly household income of $3,195 ($38,340 per year)

Nearby Companies

Nineteen Sixty, LLC
680 Royal Palm Blvd
Nineteen Sixty-Seven, LLC
680 Royal Palm Blvd
Elizabeth'S Consignments, LLC
680 Royal Palm Blvd
Ace Professional Educators, LLC
680 Royal Palm Blvd
Ace Future Innovations, LLC
680 Royal Palm Blvd
Joseph J. Thomas, D.D.S., P.A.
680 Royal Palm Blvd
The Tree House Condo Assn. Inc.
650 Royal Palm Blvd #3
575 Royal Palm, LLC
575 Royal Palm Blvd
Ajb Management LLC
575 Royal Palm Blvd
Kendall Academy Of Indian River County Inc.
575 Royal Palm Blvd
Disclaimers and Disclosures

Public Records Data

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