2017 Vero Beach Island & Mainland Market Reports

END OF THE YEAR

Vero Beach Island & Mainland

Market Report

Island Previews 4625 Florida A1A Vero Beach, FL 32963

Vero Beach Mainland 1950 US 1 Vero Beach, FL 32960

MARKET REPORT 2017 Vero Beach Island Year End Real Estate

Island Market Quickens Pace The Vero Beach Island housing market, which is

condo market brightened in 2017 and was also

always highly sought after, became an even hotter

relatively strong but buyers continue to have their

commodity in 2017. After a few sluggish quarters

choice with healthy inventory levels at all levels of the

in 2016 held down sales numbers

condo market. Pricing a home

for last year, 2017 saw no such

correctly remains one of the

lull in activity. Inventory dropped

determining factors on if your

in most housing segments but two

Island home will sell quickly.

market segments showed significant

Call your favorite Coldwell

decreases. Homes priced under

Banker Paradise agent for your

$500k are becoming a thing of the

free home evaluation today. Or

past with inventory at only a three month supply.

call our offices at 772-231-4880. With eleven offices

Overall sales and units were up over 10% and

covering 135 miles of Florida’s East Coast, Coldwell

average prices increased 8%. It would seem likely

Banker Paradise is the largest full service real estate

that a 6-9% increase is again likely in 2018. The

company in the area.

www.FLColdwellBanker.com 2

Vero Beach Island

RECENTLY SOLD

SOLD $2,550,000 12770 Highway A1A

SOLD $1,125,000

SOLD $2,350,000 13000 Highway A1A

SOLD $1,111,000

www.FLColdwellBanker.com

SOLD $1,995,000

1811 E Barefoot Place

SOLD $770,000

2316 Tamarind Drive

735 Painted Bunting Lane

1714 Coconut Drive

SOLD $715,000

SOLD $625,000

SOLD $569,000

770 Greytwig Road

446 Holly Road

925 Reef Lane

Homes selling fast!

Call to see how much your home is worth!

772-231-4880 SOLD $687,500 3702 N A1A #601

SOLD $660,000 4400 N A1A #10S

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

1202 ISLA VERDE, INDIAN RIVER SHORES 32963

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

Rutenberg elegance enhanced. Near new Turnberry 2890 sf AC with all tile floors, quartz counters, GE Monogram, SS appliances, gas range, wine cooler, walk-in pantry. All impact windows. $1,095,000

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

Represented by: Jeff & Ginny Mitchell Ginny 772.321.3355 | Ginny@MyVeroBeachRealEstate.com 5

WHERE EXCELLENCE LIVES

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846 BANYAN RD.,VERO BEACH 32963

470 ARROWHEAD TRAIL N.,VERO BEACH 32963

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

Ocean-to-river living. Custom home on .56 acre cul-de-sac. Inviting formal - informal rooms view 60’ + lanai, pool/spa. Design features include fireplace, bookcases, millwork and more. $979,000

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

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

8860 N. SEA OAKS WAY, #105,VERO BEACH, 32963

260 SEA GULL AVENUE,VERO BEACH 32960

Ocean views from this 3rd floor condo enjoy the tranquil sounds of breaking surf on your private balcony. Sea Oaks is the ideal ocean to river club community with an acclaimed dining facility. $700,000

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: J.Vance Brinkerhoff 772.913.3426 | vanco2@msn.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: Moscrip & Marini Team Jennifer Moscrip 772.532.8858 | Peter Marini 772.473.6596 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: Moscrip and Marini Team Jennifer Moscrip 772.532.8858 | Peter Marini 772.473.6596

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

4311 SUMMER BREEZE TERRACE,VERO BEACH 32967

9448 52ND COURT, SEBASTIAN 32958

Lakefront home in Riverwind. Private/gated community. 3 bedroom, 3 bathroom, 2 car garage. Private free form large spa with screened enlarged patio invites entertainment and relaxation. $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: Joseph Schlitt | Joseph O’Neill Joseph Schlitt 772.360.6824 | Joseph O’Neill 772. 643.6824

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 Island Previews 4625 Florida A1A Vero Beach, FL 32963 772.231.4880

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

Sebastian 1209 US 1 Sebastian, FL 32958 772.589.7777

www.FLColdwellBanker.com