The 5-year projected gain in home home prices for Vero Beach, Florida is 64%!
This market is not for flippers. This market is for folks that "have the patience to buy and hold".
One cited reason is that Indian River County , where Vero Beach is located, and its two closest neighbors are projected to need "154,000 new homes during the next 25 years to house the growing population and replace old structures."
Vista Royale is an undervalued 55+ condominium community within Vero Beach. It is a 1500+ unit community designed for active adults, boasting 4 clubhouses, each with fitness rooms, pools, tennis courts, and more. This 600 acre community is designed around 18 holes of golf. The community also borders the environmentally sensitive Indian River Lagoon estuary and its mangrove wetlands. Throughout the community the landscape architecture is tropical and lush. Vista Royale also borders McKee Botanical Gardens.
The full feature from where the above thumbnail is pulled can be found at: