2017 End of the Year Market Report Indian River Co.

END OF THE YEAR

Indian River County

Market Report

Sebastian Office 1209 US Hwy 1 Sebastian, FL 32958

Vero Beach Office 1950 US 1 Vero Beach, FL 32960

MARKET REPORT 2017 Sebastian Year End Real Estate

Waterfront Homes in Sebastian Proving Alluring to Luxury Buyers Often cited as a refuge for buyers seeking affordable

prices remain unchanged. What is exciting is the growth

housing, Sebastian no longer easily carries that distinction.

in sales of those homes over $500k. Buyers are finding

Buyers looking for homes priced under

great values in waterfront living in

$250K can still find their needs met,

this quiet fishing village. Pricing

but possibly not for long. Inventory at

a home correctly remains one of

this level of the market is down below

the determining factors on if your

2 months supply and prices grew by

Sebastian home will sell quickly.

nearly 9%. With the tight inventory

Call your favorite Coldwell Banker

levels those price increases are likely

Paradise agent for your free home

to continue into 2018. The mid-range market (homes

evaluation today. Or call our offices at 772-589-7777.

priced $250k+) remains stable and comfortable with

With eleven offices covering 135 miles of Florida’s East

greater than 4 months supply of inventory. This puts

Coast, Coldwell Banker Paradise is the largest full service

buyers and sellers are fairly equal footing and as such the

real estate company in the area.

www.FLColdwellBanker.com 2

Sebastian

RECENTLY SOLD

3

WHERE EXCELLENCE LIVES

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4780 HIGHWAY A1A, #3,VERO BEACH 32963

12510 HIGHWAY A1A,VERO BEACH 32963

Luxurious oceanfront townhome in the heart of our charming seaside village. 4 Bedroom, 4 Bath with a guest house, private pool, elevator, 2 car garage and direct oceanfront. $2,799,990

Oceanfront home in Vero Beach boasts 4 bedrooms, 2.5 bathrooms, wet bar, 2 living rooms, 2 bay garage, 3 covered patios and a roof top terrace with 360 degrees of ocean to river views. $1,999,000

Represented by: Karen Gaskill 772.559.5567 | karen@karengaskill.com

Represented by: Schlitt | Gonzalez Team 772.559.7367 | linda.gonzalez@coldwellbanker.com

2935 MARSH ISLAND LANE,VERO BEACH 32963

200 E. SEA COLONY DR. #3D, INDIAN RIVER SHORES 32963

Exceptional courtyard style home offers Florida’s coastal living at its best. Superior millwork & finishes are offered throughout the home.

Designed to merge indoor and outdoor spaces. $1,985,000

Direct Oceanfront in the most desireable of buildings. One of only 12 units which feature a private elevator and stunning terrace with wrap-around ocean views. $1,650,000

Represented by: Joseph Schlitt | Joseph O’Neill Joseph Schlitt 772.360.6824 | Joseph O’Neill 772. 643.6824

Represented by: Robenson Juste and Debbie Fitzgerald Robenson 772.971.2431 | Debbie 772.812.3300

130 RIVERCOVE LANE,VERO BEACH 32963

2150 6TH COURT,VERO BEACH 32962

Spectacular waterfront oasis is set back on a tranquil Cul-desac. 5 Bedroom, 4 bathroom main house plus 1 bedroom, 1 bath cabana. 30’ deepwater dock with power. $1,449,000

Extraordinary Tropical Paradise. Waterfront home on 2 lots.

Panoramic views overlooking nature preserve. 2 docks with lifts. Whole house automation system. $1,429,000

Represented by: Robenson Juste and Debbie Fitzgerald Robenson 772.971.2431 | Debbie 772.812.3300

Represented by: Schlitt | Gonzalez Team Andrew Gonzalez 772.633.7512

13155 N. INDIAN RIVER DRIVE, SEBASTIAN 32958

12511 ROSELAND RD, SEBASTIAN 32958

Open the front door to you coastal dreams! Magnificent custom family compound. Breathtaking views, post & beam construction, 215’ frontage, dock, breezeway, RV/boat storage. $1,375,000

What a great opportunity to own a large piece of waterfront property on the Sebastian River. 330 feet of waterfront, 7+acres of land on 2 separate lots. $1,149,000

Represented by: Susan Maitner Susan 772.913.0222 | SMaitner@bellsouth.net

Represented by: Marc Gingras Marc 772.321.3916 | MGingras61@gmail.com 5

WHERE EXCELLENCE LIVES

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846 BANYAN RD.,VERO BEACH 32963

9660 RIVERVIEW DR, MICCO 32976

First home from Ocean Drive and steps away from pristine beaches, shops, and restaurants including Bobby’s. 3 Bedroom, 2.5 bathroom main house. 4,500+ living space on 2 lots. $990,000

DIRECT RIVERFRONT ON THE ST SEBASTIAN RIVER – 3/2 home + guest house + bonus rental properties! Dock with multiple slips, davits & seawall. Mature Oak trees & landscaping. $899,000

Represented by: Jason Gill 772.696.5600 | JSGill99@live.com

Represented by: Kathryn Dale 772.633.4671 | KathrynDale717@gmail.com

8800 44TH AVE, SEBASTIAN 32958

260 SEA GULL AVENUE,VERO BEACH 32960

MINT! 2005 CBS 4 Bdrm/3 bath/3+ car oversize garage & over 2500 sq.ft.under AC. This custom waterfront pool home beauty has it all for the buyer who wants the best of the best in paradise! $849,995

Fabulous canal view home with deep water access! This meticulously maintained home is in the heart of Vero making getting anywhere a breeze. All bedrooms are ensuites. 40’ lap pool. $699,000

Represented by: Joseph Beaudoin 772.321.5152 | Joe@JoeTheRealtor1.com

Represented by: Andrew Racaniello 772.532.7258 | Andrew.Racaniello@ColdwellBanker.com

2265 6TH COURT SE,VERO BEACH 32962

776 NORFOLK PINE LN,VERO BEACH 32963

You will know you are home when you drive up to this Tropical Paradise, covered with 30 Coconut Palms and lush landscaping, and big front porch. Take a swim in the pool or relax in hot tub. $674,000

East of A1A with deeded beach access. Seller to pay 1st year property taxes and HOA fees. No expense has been spared when renovating this home! Walt to beach and enjoy the good life. $665,000

Represented by: Schlitt | Gonzalez Team 772.633.7512 | Andrew.Gonzalez@ColdwellBanker.com

Represented by: Dustin Haynes 772.205.1931 | Dustin@VeroBeachProperty.com

489 12TH SE PLACE,VERO BEACH 32962

161 N. WHITE JEWEL COURT,VERO BEACH 32963

Amazing direct Indian River-front views from most rooms sunrise to star-gaze. Dream kitchen with granite counters and high-quality stainless appliances. Riverfront dock and deeper side canal. $650,000

Private gated community of 19 homes with private beach access.

One of the largest lots in the community, this home features a beautiful sunroom overlooking large pool & fenced back yard. $634,000

Represented by: Jeff & Ginny Mitchell 772.321.3355 | Ginny@MyVeroBeachRealEstate.com

Represented by: Marini & Moscrip Team Peter Marini 772.473.6596 | Jennifer Moscrip 772.532.8858 7

WHERE EXCELLENCE LIVES

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2077 INDIAN SUMMER LANE,VERO BEACH 32963

4600 US HWY A1A, #101-102,VERO BEACH 32963

Relax in this beautiful Magnolia model in the private, gated community of the Seasons. Seller paying first years HOA. Designed for entertaining. Largest private pool in community. $627,500

Enjoy a carefree lifestyle in this furnished and spacious 4 bedroom, 5 bathroom condo on the ocean.Your guests will not want to leave this wonderful condo! 2 underground parking spaces. $599,000

Represented by: Sharon Noblet-Wininger 772.713.4602 | Sharon.Wininger@ColdwellBanker.com

Represented by: Jeanne Wurzburger and Jim Johnson Jeanne 772.713.3246 | Jim 772.563.3027

29 SEAHORSE LANE,VERO BEACH 32960

12545 ROSELAND ROAD, SEBASTIAN 32958

Charming 3 bedroom, 3 bathroom deep water riverfront home with a pool located in the Vero Isles. This spacious home features a split pan with Mexican tile and Terrazzo floors & a fireplace. $599,000

Unique riverfront home with ocean access. Over 3.5 acres on the pristine St. Sebastian River. New roof in 2013, county water, concrete block 3/2 with privacy and natural river setting. $599,000

Represented by: Joseph Schlitt | Joseph O’Neill Joseph Schlitt 772.360.6824 | Joseph O’Neill 772. 643.6824

Represented by: Susan Maitner 772.913.0222 | SMaitner@bellsouth.net

4336 SUMMER BREEZE TERRACE,VERO BEACH 32967

4696 PEBBLE BAY CIRCLE, INDIAN RIVER SHORES 32963

Beautiful 3 bedroom, 3.5 bathroom pool home in Riverwind, a private and gated community. Move in ready, recently updatd custom finishes make this home stand apart. Tropical landscaping. $579,900

Family pool home tucked under the Oaks surrounded by natural landcapes in desireable Pebble Bay Estates, ready for your final touches. 3 bedroom, 2.5 baths with ability to add another. $579,000

Represented by: Marini and Moscrip Team Peter Marini 772.473.6596 | Jennifer Moscrip 772.532.8858

Represented by: Joseph Schlitt | Joseph O’Neill Joseph Schlitt 772.360.6824 | Joseph O’Neill 772. 643.6824

770 HOLDEN AVE, SEBASTIAN 32958

9448 52ND COURT, SEBASTIAN 32958

Collier Creek Estates. 3000+sf, 4/3 with an office/5th bedroom.

Meticulously maintained with a large outdoor space, heated in-ground pool, Chefs Kitchen, 12 Foot ceilings, 3 car garage $525,000

Direct Riverfront. Unobstructed views from this 3 bedroom, 3 bathroom, 1 car garage, fully furnished townhome just minutes to the Sebastian inlet. 1st & 2nd floor balconies overlook Intracoastal. $525,000

Represented by: Marc Gingras 772.321.3916 | MGingras61@gmail.com

Represented by: Dustin Haynes 772.205.1931 | Dustin@VeroBeachProperties.com 9

MARKET REPORT 2017 Vero Beach Mainland Year End Real Estate

Vero Beach still Idyllic Destination for Many Vero Beach is still the lifestyle destination of choice for

price appreciation should be close to double digits unless

many on the Space and Treasure Coast, and the 2017

significant numbers of new construction are added.

housing market verified this as units sold rose by over

Pricing a home correctly remains one of the determining

13% and prices grew by over 10% while

factors on if your Vero Beach home

inventory levels slipped to barely over

will sell quickly. Call your favorite

a three months supply. In the starter

Coldwell Banker Paradise agent for

housing market, for those homes priced

your free home evaluation today.

under $250k, there are still homes

Or call our offices at 772-778-

available but they sell on average in

2029. With eleven offices covering

under two months. In this kind of high

135 miles of Florida’s East Coast,

activity market, buyers have to act quickly and offer high.

Coldwell Banker Paradise is the largest full service real

With inventory continuing to be tight in this price point,

estate company in the area.

www.FLColdwellBanker.com 2

Vero Beach Mainland

RECENTLY SOLD

www.FLColdwellBanker.com

11

Buying? Selling?

Renting? Investing?

Discover the Coldwell Banker Real Estate Difference

Trust the Company that dominates the Industry Sebastian Office 1209 US 1 Sebastian, FL 32958 772.589.7777

Vero Beach Office 1950 US 1 Vero Beach, FL 32960 772.778.2029

www.FLColdwellBanker.com