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 
3116 Eagle Dr Multi-family - less than 10 units 2,391 B
836 Bougainvillea Ln Office building, non-professional service building, one story 1,919 B
3108 Eagle Dr Multi-family - less than 10 units 2,735 B
798 Bougainvillea Ln Single Family 1,669 A
854 Bougainvillea Ln Multi-family - less than 10 units 4,014 B
3200 Eagle Dr Multi-family - less than 10 units 3,028 B
835 Bougainvillea Ln Multi-family - less than 10 units 2,321 B
790 Bougainvillea Ln Single Family 1,805 B
797 Camelia Ln Single Family 1,579 B
833 Camelia Ln Condominium 1,467 B
835 Camelia Ln Condominium 1,467 B
837 Camelia Ln Condominium 1,467 B
831 Camelia Ln Condominium 1,467 B
829 Camelia Ln Condominium 1,467 B
841 Camelia Ln Condominium 1,467 B
839 Camelia Ln Condominium 1,467 B
825 Camelia Ln Condominium 1,467 B
827 Camelia Ln Condominium 1,467 B
845 Camelia Ln Condominium 1,467 B
843 Camelia Ln Condominium 1,467 B
799 Bougainvillea Ln Single Family 3,346 A
780 Bougainvillea Ln Single Family 2,794 A
875 Camelia Ln Miscellaneous Residential (migrant camp or boarding home.) 0 L
3201 Cardinal Dr Condominium 310 B
3201 Cardinal Dr Condominium 1,130 B
3201 Cardinal Dr Condominium 534 B
3201 Cardinal Dr Condominium 590 B
3201 Cardinal Dr Condominium 365 B
3201 Cardinal Dr Condominium 534 B
3201 Cardinal Dr Condominium 534 B
3201 Cardinal Dr Condominium 598 B
3201 Cardinal Dr Condominium 525 B
3201 Cardinal Dr Condominium 525 B
3201 Cardinal Dr Condominium 300 B
3201 Cardinal Dr Condominium 513 B
3111 Cardinal Dr Office building, non-professional service building, multi-story 10,395 B
795 Bougainvillea Ln Single Family 3,346 A
781 Camelia Ln Single Family 3,302 B
774 Bougainvillea Ln Single Family 2,273 A
785 Bougainvillea Ln Single Family 3,346 A
816 Azalea Ln Condominium 341 B
816 Azalea Ln Condominium 341 B
816 Azalea Ln Condominium 514 B
816 Azalea Ln Condominium 361 B
816 Azalea Ln Condominium 514 B
816 Azalea Ln Condominium 368 B
816 Azalea Ln Condominium 341 B
816 Azalea Ln Condominium 351 B
816 Azalea Ln Condominium 374 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 88 of all properties in this area. This suggests it would appeal to someone earning around $144,525 per year who should qualify for a mortgage between $289,050 and $361,313.

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 88 of all properties in this area. This corresponds to a rent of $1,378 per month and a monthly household income of $4,243 ($50,916 per year)

Nearby Companies

4556 Pebble Bay LLC
3206 Cardinal Dr
Stacey Morabito Pa
3206 Cardinal Dr
Jds Realty, Inc.
3206 Cardinal Dr
J.I. Realty, Inc.
3206 Cardinal Dr
Grind + Grape LLC
925 Bougainvillea Ln
Mens Hair By Suette LLC
935 Bougainvillea Ln
Sand Dollar Land Company LLC
835 Bougainvillea Ln
854 Bougainvillea, LLC
854 Bougainvillea Ln
Green Mustard Entertainment, Inc.
854 Bougainvillea Ln
Portales De Vero, Inc.
3055 Cardinal Dr
Brevco Properties, Inc
3055 Cardinal Dr
Hcn Family Properties, LLC
3055 Cardinal Dr
Pomodoro Grill, Inc.
3055 Cardinal Dr
Comus Corp
3111 Cardinal Dr
Main Digital, Inc.
3111 Cardinal Dr
The Sprezzatura Company
3111 Cardinal Dr
Ocean & Beach Holdings General Partner, LLC
3240 Cardinal Drive Ste 200
4240 Bluebell Avenue LLC
3240 Cardinal Dr
Ocean & Beach Holdings, Lp
3240 Cardinal Dr Ste 200
Finn Advisors LLC
3240 Cardinal Dr Ste 200
Darden Hill Oaks LLC
3240 Cardinal Dr Ste 200
Frank J. Lincoln, Inc.
3245 Cardinal Dr
3631 Ocean Drive LLC
3240 Cardinal Drive Suite 200
Shamrock Real Estate Corp.
3201 Cardinal Drive #7
Kelleher Holdings LLC
3103 Cardinal Dr
The Tides Of Vero, LLC
3103 Cardinal Dr
Downey Building, LLC
3201 Cardinal Dr
Dcba, Inc.
3201 Cardinal Dr
Bordoli Brothers Inc.
3201 Cardinal Dr
Pic 20, LLC
768 Bougainvillea Ln
Pic 78, LLC
768 Bougainvillea Ln
Pic 43, LLC
768 Bougainvillea Ln
Zhw Consulting Inc.
784 Azalea Ln
Disclaimers and Disclosures

Public Records Data

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