Discover the exceptional potential of this expansive .77-acre parcel, ideally situated in a prime location, currently zoned RM 10-12. Cleared and perfectly positioned for your vision, this rare gem presents an unparalleled opportunity for lucrative residential development. Embrace the possibilities on this prime corner lot and seize this chance to create something extraordinary in one of the most coveted areas!
Property Details
Property Features
Listing Office:
Office Name: Proctor Kennedy Properties LLC
Office Phone: (772) 217-4030
Listing Agent: Emily A Calhoun, Louise Kennedy
Exterior Features
Exterior Information:
View: Other
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.77 Acres
Other
Directions Information:
Directions: US HWY 1 North, turn right on Royal Palm Blvd, 1151 is on the right at the intersection of Royal Palm Blvd and Ponce De Leon Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $600,000
Tax Information:
Annual Amount: $1,700
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Vero Beach, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,062
Per Month
Principal & Interest
$2,995
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,865
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Vero Beach Elementary School
1770 12th St
Distance between this listing and this school1.30 miles
Public District Grades PK-5
8
/10
Rosewood Magnet School
3850 16th St
Distance between this listing and this school1.85 miles
Public Magnet Grades KG-5
6
/10
Beachland Elementary School
3350 Indian River Dr E
Distance between this listing and this school2.10 miles
Public District Grades PK-5
Nearby Schools
3
/10
Gifford Middle School
4530 28th Ct
Distance between this listing and this school2.59 miles
Public District Grades 6-8
3
/10
Oslo Middle School
480 20th Ave SW
Distance between this listing and this school3.20 miles
Public District Grades 6-8
6
/10
Imagine at South Vero
6000 4th St
Distance between this listing and this school3.95 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Alternative Center for Education
1426 18th St
Distance between this listing and this school0.48 miles
Public District Grades 5-12
5
/10
Vero Beach High School
1707 16th St
Distance between this listing and this school0.97 miles
Public District Grades 9-12
7
/10
Indian River Charter High School
6055 College Ln
Distance between this listing and this school3.45 miles
The neighbors living near this home have an average income of $29,583. Typical income of Vero Beach, FL residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1151 Royal Palm Blvd
What is the listing price of this property?
The listing price of 1151 Royal Palm Blvd property is $600,000.
What type of property is this?
The property 1151 Royal Palm Blvd is land located in Vero Beach, Florida, 32960.
Is this property for sale now?
Active Listing: 1151 Royal Palm Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,700 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 20, 2005 for $600,000. (source: MLS/tax record).
How much acreage is this property?
The property 1151 Royal Palm Blvd is 0.77 acres.
Interested in 1151 Royal Palm Blvd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1151 Royal Palm Blvd in Vero Beach, FL and zip code 32960. This home sits on a 0.77 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $600,000.
Over 16 listings were sold over their listed price in November 2024 in Vero Beach, FL. In the same period over 128 listings were sold below the listed price and 40 listings were sold for the listed price. In November 2024 in Vero Beach, FL there were 11.3% more homes for sale than in October 2024. In November 2024, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $413,810.
From Rocket Homes Real Estate and based on county public records data.
Figure Skating
Figure Skating
PGA/LPGA
Hiking/backpacking
Chico's
Nordstrom Rack
Family Dollar
Bob Evans
Cracker Barrel
Chipotle
Oldsmobile
Buick
Mazda
News
Soft Adult Contemporary
Rock