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 
1835 Wilbur Av Office building, non-professional service building, one story 2,301 B
1814 Commerce Av Office building, non-professional service building, one story 3,481 B
1803 Wilbur Av Light manufacturing 4,778 B
1816 Commerce Av Store, one story 3,583 B
1828 Commerce Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2,254 B
1827 Lemon Av Light manufacturing 2,834 B
1830 Wilbur Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2,569 B
1808 Commerce Av Office building, non-professional service building, one story 3,296 B
1841 Wilbur Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 4,316 B
1836 Wilbur Av Parking lot (commercial or patron) or mobile home park 0 L
1124 18th St Light manufacturing 1,782 B
1821 Lemon Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 5,500 B
1836 Commerce Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 1,464 B
1840 Commerce Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 1,935 B
1845 Wilbur Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 3,690 B
1848 Wilbur Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 6,204 B
1802 Wilbur Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 4,000 B
1101 18th St Auto sales, auto repair and storage or auto service shop 2,470 B
1840 Commerce Av Light manufacturing 3,420 B
1836 Lemon Av Single Family 1,690 C
1832 Lemon Av Single Family 994 C
1820 Lemon Av Single Family 970 C
1855 Wilbur Av Auto sales, auto repair and storage or auto service shop 5,041 B
1765 Commerce Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 6,858 B
1856 Wilbur Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 3,244 B
1802 Lemon Av Vacant Residential 0 L
1854 Commerce Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 3,860 B
1819 10th Av Vacant Residential 0 L
1825 10th Av Single Family 1,111 C
1833 10th Av Single Family 979 B
1811 10th Av Vacant Residential 0 L
1031 18th St Mixed use - store and office or store and residential or residential combination 15,320 C
1018 18th St Vacant Residential 0 L
1868 Wilbur Av Light manufacturing 2,051 B
1865 Wilbur Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 4,944 B
1835 10th Av Single Family 992 C
1759 Commerce Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 1,760 B
1101 17th Pl Vacant Industrial 0 L
1837 10th Av Multi-family - less than 10 units 1,911 B
1866 Commerce Av Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 1,204 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.

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%.

Nearby Companies

Spilman Holding Co., Inc.
1858 Commerce Ave
Heveron Group, Inc.
1848 Commerce Ave
M & N Machine Works Inc
1836 Commerce Ave
Schlitt Brothers, Inc.
1830 Commerce Ave
G & S Brothers LLC
1830 Commerce Ave
Wtp, LLC
1830 Commerce Ave
Jrnc LLC
1830 Commerce Ave
Richard W. Schlitt, Inc.
1830 Commerce Ave
Zambelli Medical, LLC
1818 Commerce Ave
Compasion Healthcare LLC
1818 Commerce Ave
1765 Commerce, LLC
1765 Commerce Ave
Payne Family Investments, LLC
1765 Commerce Ave
Pia Rentals, LLC
1765 Commerce Ave
Cracker Cattle Vb, LLC
1765 Commerce Ave
Russell Payne, Inc.
1765 Commerce Ave
Essence Of Wood Studio, LLC
1872 Wilbur Ave
Jones & Jones, Inc.
1825 Wilbur Ave
Shutterworks LLC
1825 Wilbur Ave
Wilbur Autohouse, LLC
1841 Wilbur Ave
Newspaper Building, LLC
1841 Wilbur Ave
1500, LLC
1848 Wilbur Ave
Champion Storage, LLC
1848 Wilbur Ave
Js Vero, LLC
1848 Wilbur Ave
Citrus Plaza, LLC
1848 Wilbur Ave
Jungle Trail LLC
1848 Wilbur Ave
43rd Ave LLC
1848 Wilbur Ave
43rd Avenue Plaza LLC
1848 Wilbur Ave
Disclaimers and Disclosures

Public Records Data

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