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Vero Beach FL real estate is some of the best investment property available in the state of Florida. And no wonder! Centered halfway between Orlando and West Palm Beach on the East Coast, it’s a small city that still feels like a small town. With museums, theaters and some of the finest restaurants (Ocean Grill, Waldos, Tangos, Lobster Shanty, Ti Amo Sempre) and shopping around, there’s something for everyone.
Property values in Vero Beach rose very quickly in 2004-2005 and then, like the rest of the country, came back down, to what we would now call normal and sustainable prices. Overall, the location, climate, job opportunity (Wal-Mart, CVS, Piper Jet, Harbor Branch Oceanographic Institute, Indian River Memorial Hospital) and long term growth expectations bode well for Vero Beach from an investment perspective. This thriving beach city has real estate which many say is highly under-valued. In June 2008 median home price in Vero Beach Mainland was $195,035 and averaged 161 days on market. There were 103 home sales, the highest priced home sold for $1.1 million. In Vero Beach on the Barrier Island, average sale price was $586,182 and 213 days on the market. The highest priced home sold for $2.050 million. This quaint small town remains an attractive long acquisition and - as many people will tell you—has a very bright future ahead. If you're looking for a great location but not all the crazy hustle and bustle of south Florida, Vero Beach could be just what you need.
Once considered a haven for the retired ultra-rich, Vero Beach continues to be a mecca that still draws the money, but now attracts families and vacationers, too. Just about everything here is within 15 minutes drive in any direction – pristine ocean beaches (Humiston Beach Park, Jaycee Park), golf (Redstick, Bent Pine, Pointe West, Sandridge), outlet shopping (Outlet Mall at Vero Beach) and so much more.
Vero Beach has many communities—such as Arbor Trace, Old Savannah, Castaway Cove, Seasons, Amelia Plantation —and this coastal city is a constant attraction for visitors and new residents from around the world. Enjoy the Vero Beach Festivals, indulge in one of the many diverse restaurants, or take a stroll down the boardwalk.
There are still real estate deals in this great coastal city but you need a local market expert to help scout out the best deals. Kelly Fischer is an experienced real estate professional with a full-service team of experts with decades of combined home buying and selling experience all over the country, as well as in the Vero Beach area. In j ust the past few years, they’ve overseen more than $50,000,000 in real estate transactions. For true local and knowledgeable service in Vero Beach FL Real Estate market, contact Kelly directly at 772-316-0729 .
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