Coming soon 07/23

$625,000

1016 48th Ter, Vero Beach, FL 32966

3beds

2,023sqft

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Single Family Residence

Built in 1978

0.83 Acres Lot

$-- Zestimate^®

$309/sqft

$-- HOA

What's special

Tucked away on nearly an acre in the heart of town this one of a kind courtyard pool home offers the perfect blend of privacy, character & convenience. Centered around a stunning screened courtyard w/ a sparkling pool, the home embraces FL living at its finest w/ seamless indoor-outdoor spaces for maximum year-round enjoyment. The picturesque lake creates a peaceful backdrop & the expansive property provides room to roam w/ out HOA restrictions minutes from shopping, dining and beaches. Full of warmth & charm- this home is anything but ordinary. 3 Beds plus an office, 2 Baths, 2 car Garage.

9 days

539

29

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Bedroom

Dimensions: 15x14

Bedroom

Dimensions: 12x13

Bedroom

Dimensions: 11x12

Den

Dimensions: 11x11

Dining room

Dimensions: 11x11

Foyer

Dimensions: 11x8

Kitchen

Dimensions: 11x13

Living room

Dimensions: 18x15

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Microwave, Range, Refrigerator
Laundry: In Garage

Features

Kitchen Island, Walk-In Closet(s), French Door(s)/Atrium Door(s)
Flooring: Carpet, Laminate, Tile
Doors: French Doors, Sliding Doors
Has fireplace: No

Interior area

Total interior livable area: 2,023 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Garage
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Has private pool: Yes
Pool features: Free Form, Other, Pool, Private, Screen Enclosure
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: Lake, Pond

Lot

Size: 0.83 Acres
Dimensions: 231 x 156
Features: Cul-De-Sac, Moderate Trees, 1/2 to 1 Acre Lot

Details

Parcel number: 33390900012000000004.0
Zoning: ,

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Frame
Roof: Metal

Condition

New construction: No
Year built: 1978

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Features: None, Other
Subdivision: Banyan Acres

HOA

HOA name: n/a

Location

Region: Vero Beach

Financial & listing details

Price per square foot: $309/sqft
Tax assessed value: $407,002
Annual tax amount: $5,561
Date on market: 7/6/2026
Listing terms: Cash,FHA,New Loan,VA Loan
Ownership: Single Family/Other

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/31/2023	Sold	$485,000$240/sqft
Source: Public Record Report a problem
4/26/2023	Pending sale	$485,000$240/sqft
Source: Owner Report a problem
3/22/2023	Listed for sale	$485,000$240/sqft
Source: Owner Report a problem
3/13/2023	Pending sale	$485,000$240/sqft
Source: Owner Report a problem
3/11/2023	Listed for sale	$485,000+106.4%$240/sqft
Source: Owner Report a problem
8/14/2014	Sold	$235,000$116/sqft
Source: Realtor Association of Indian River County #147323 Report a problem
6/20/2014	Listed for sale	$235,000$116/sqft
Source: RE/MAX Associated Realty #147323 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,561 +7%	$407,002 +2.9%
2024	$5,195 -10.4%	$395,532 -12.1%
2023	$5,798 +9.8%	$450,182 +11.9%
2022	$5,282 +14.8%	$402,295 +31.6%
2021	$4,600 +3.1%	$305,805 +4.5%
2020	$4,463	$292,568 +1.3%
2019	$4,463 +1.1%	$288,829 +9.4%
2018	$4,413 +17%	$264,061 +10.7%
2017	$3,772	$238,598 +7.9%
2016	$3,772 +7.6%	$221,170 +17.9%
2015	$3,507 +8.6%	$187,660 +17.3%
2014	$3,230	$160,040 +1.5%
2013	--	$157,680 -0.8%
2012	$1,971 -1.9%	$158,990 -1.6%
2011	$2,009 -2.2%	$161,520 +1.5%
2010	$2,055 +8.2%	$159,140 +2.7%
2009	$1,899 +5.3%	$154,960 +0.1%
2008	$1,804 -8.4%	$154,810 -43%
2007	$1,970	$271,720 -12.4%
2006	--	$310,100 +81.5%
2005	--	$170,810
2004	--	$170,810 +5.3%
2003	--	$162,270 +11.9%
2002	$2,081 +1.3%	$145,060 +3.2%
2001	$2,054 +0.2%	$140,510 +10.7%
2000	$2,049	$126,970

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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