Ve
END OF THE YEAR
r o
Be
Market
a c h
Island Previews Office 4625 Florida A1A,Vero Beach, FL 32963
Is
l a n d
Report
MARKET REPORT 2017 Vero Beach Island Year End Real Estate Price Point
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
Condos Sold
Current Listings
Month’s Supply
Average Price
Under
2017
124
34
3.3
$406,535
130
95
8.8
$303,719
$500,000
2016
121
57
5.7
$388,892
155
81
6.3
$285,437
Change
+2.5%
-40.4%
-41.8%
+5.0%
-16.1%
+17.3%
+39.8%
+6.0%
$500,001 to
2017
163
138
10.2
$712,163
59
43
8.7
$657,935
$1,000,000
2016
144
128
10.7
$686,035
65
41
7.6
$681,498
Change
+13.2%
+7.8%
-4.8%
+4.0%
-9.2%
+4.9%
+15.5%
-3.0%
Over
2017
4
191
18.5
$2,262,434
16
23
17.3
$1,742,344
$1,000,000
2016
107
195
21.9
$2,146,264
5
21
50.4
$1,472,000
Change
+15.9%
-2.1%
-15.5%
+5.0%
+220.0%
+9.5%
-65.8%
+18.0%
2017
411
363
10.6
$1,087,675
205
161
9.4
$517,947
2016
372
380
12.3
$1,009,395
225
143
7.6
$426,222
Change
+10.5%
-4.5%
-13.5%
+8.0%
-8.9%
+12.6%
+23.6%
+22.0%
Total
Housing Inventory Leveling in Vero Beach Island Market
A
balancing of inventory levels has kept the
under $1million. The biggest increase in sales came
Vero Beach Island housing market steady
were in the over $1 million single family homes and
throughout 2017 and heading into 2018.
With
condos which had respective increases of 15.9%
decreases in months of inventory
and 220%.
on hand for single family homes,
correctly remains one of the
sales were brisk in the last quarter
determining factors on if your
of 2017, with a 10.5% increase over
Island home will sell quickly.
last year. The leveling of inventory
Call your favorite Coldwell
combined with steady sales has led
Banker Paradise agent for your
to moderate price increases on the
free home evaluation today.
Island, with average prices increasingly slightly for
Or call our offices at 772-231-4880. With eleven
most property types and ranges.
offices covering 135 miles of Florida’s East Coast,
A tightening of inventory at the lower level of the market has tempered sales for condos priced
Coldwell Banker Paradise is the largest full service real estate company in the area.
www.FLColdwellBanker.com 2
Pricing a home
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! 772-464-7007 SOLD $687,500 3702 N A1A #601
SOLD $660,000 4400 N A1A #10S
3
WHERE EXCELLENCE LIVES
4
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 772.360.6824 | JPSchlitt@hotmail.com
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: Ginny Mitchell Ginny 772.321.3355 | Ginny@MyVeroBeachRealEstate.com 5
WHERE EXCELLENCE LIVES
6
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: 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: 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
8
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 772.360.6824 | JPSchlitt@hotmail.com
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
Serving Over 130 Miles on the Space & Treasure Coast
1130 GOVERNORS WAY,VERO BEACH 32963
9530 FRANGIPANI DR,VERO BEACH 32963
Bermuda Club Beachside community.Three Bedroom + Den Two and a Half Baths. Preserve lot. $499,000 Represented by: Richard Zangre 772.528.8418 | Richie33065@aol.com
Walking distance to the beach. This large home is set in a tropical oasis with stately live oak trees. $487,000 Represented by:Vance Brinkerhoff 772.913.3426 | vanco2@msn.com
6128 56TH AVE,VERO BEACH 32967
9660 W MAIDEN CT, VERO BEACH 32963
Lakefront Mediterranean pool home, privately landscaped with long lake eastern views. $464,500 Represented by:Vance Brinkerhoff 772.913.3426 | vanco2@msn.com
Bimini model. Lakeside in Charming & Private Old Orchid w/Courtyard Entry, Priv. Pool & Patio $462,000 Represented by: Denise Randolph 772.633.9622 | denise.randolph@coldwellbanker.com
7435 16TH MANOR,VERO BEACH 32966
9690 MAIDEN CT E,VERO BEACH 32963
Estate home with separate 660 sqft Guest cottage with full kitchen. Situated on 1 acre. $429,900 Represented by: Mike Boyd 772.633.3522 | BoydSold@bellsouth.net
Private end of cul-de-sac 2005 built Bimini model in charming Old Orchid island community. $422,000 Represented by: Ginny Mitchell 772.321.3355 | Ginny@MyVeroBeachRealEstate.com
10
www.FLColdwellBanker.com
We Have Over 280 Full time, Licensed REALTORS®
640 DATE PALM RD,VERO BEACH 32963
5307 ANTIGUA CIR,VERO BEACH 32967
This 3 Bed/2 Bath CBS home has a recently replaced metal roof and offers a spacious floor plan! $400,000 Represented by: Joseph & Joseph | J. Schlitt and J. O’Neill J. Schlitt 772.360.6824 | J. O’Neill 772.643.6824
Quaint-desirable gated community, minutes to Ocean & River fun, shopping & restaurants. $378,000 Represented by: Sherry Carrigan 772.532.5198 | Carrigan.Sherry@gmail.com
6150 37TH ST, IR FARMS, VERO BEACH 32966
1700 OCEAN DR, #304V,VERO BEACH 32963
Sturdy CBK home & Equestrian property in area of million $ homes. Renovated 2015, new septic 2016. $385,000 Represented by: Laurie Blakelock 772.532.2706 | LBlakelock@msn.com
2/2 villa in the ocean front community of Sea Cove. Enjoy the sunrise from Vero’s widest beach. $360,000 Represented by: Dustin Haynes 772.205.1931 | Dustin@VeroBeachProperty.com
1752 BELMONT CIR SW,VERO BEACH 32968
2115 WINDWARD WAY, #105,VERO BEACH 32963
Large home in prestigious Millstone Landings community. Large oversized lot on the lake. Lots of upgrades. $355,000 Represented by: Chase Mariposa and Jeff Knowles Chase: 772.713.5842 | Jeff: 772.559.0570
Views of Yachts, dolphins & manatees! 1st flr, 2 BDRM, 2 BA w/scrnd porch overlooking Spyglass Harbor. $343,000 Represented by: Phil Strazzulla 772.216.4975 | philip.strazzulla@coldwellbanker.com
Island Previews Office 772.231.4880
11
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