For sale

$9,995,000

120 Coconut Palm Rd, Vero Beach, FL 32963

5beds

5,187sqft

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Single Family Residence

Built in 2024

0.69 Acres Lot

$-- Zestimate^®

$1,927/sqft

$350/mo HOA

What's special

Brand new and impeccably crafted, this 2024-built estate spans 7,773 total SF on a .69- acre corner lot with 143' of waterfrontage. Designed by Gregory Anderson and built by Water’s Edge Estates, it features dramatic ceiling details, a three-bay garage, resort- style pool/spa, guest balconies, outdoor kitchen, and a covered lanai. Enjoy absolute privacy with lush mangroves, native wildlife, and your own private dock. A rare waterfront retreat in the heart of Johns Island.

430 days

400

11

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1

Bedroom

Dimensions: 20x18

Bedroom

Dimensions: 20x14

Bedroom

Dimensions: 15x15

Bedroom

Dimensions: 16X12

Bedroom

Dimensions: 12x12

Family room

Dimensions: 29x21

Great room

Dimensions: 20x37

Kitchen

Dimensions: 11x21

Other

Dimensions: 10X12

Living room

Dimensions: 18x21

Loft

Dimensions: 13X11

Heating

Zoned

Cooling

1 Unit, 3+ Units, Zoned

Appliances

Included: Dryer, Dishwasher, Disposal, Range, Refrigerator, Wine Cooler, Washer
Laundry: Laundry Closet, Lower Level, Laundry Room

Features

Closet Cabinetry, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
Flooring: Slate, Wood
Doors: French Doors
Windows: None
Number of fireplaces: 1

Interior area

Total interior livable area: 5,187 sqft

Property

Parking

Total spaces: 3
Parking features: Attached, Driveway, Three Car Garage, Paver Block, Three or more Spaces
Attached garage spaces: 3
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Porch
Exterior features: Balcony, Sprinkler/Irrigation, Outdoor Kitchen, Outdoor Shower, Porch, Rain Gutters, Propane Tank - Owned
Pool features: Fenced, Gas Heat, Heated, Pool
Has spa: Yes
Spa features: Hot Tub
Fencing: Wall
Has view: Yes
View description: Canal
Has water view: Yes
Water view: Canal
Waterfront features: Canal Access, Beach Access
Frontage length: 143

Lot

Size: 0.69 Acres
Features: Corner Lot, 1/2 to 1 Acre Lot

Details

Parcel number: 32391300002000000002.0
Zoning: ,
Zoning description: Residential

Construction

Type & style

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

Materials

Block, Concrete, Stucco
Roof: Tile

Condition

New construction: No
Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Club Membership Available, Fitness, Golf, Pickleball, Tennis Court(s), Gutter(s)
Security: Gated with Guard, Security Guard
Subdivision: John's Island

HOA

Has HOA: Yes
Amenities included: Dues Paid Monthly
Services included: Common Areas, Insurance, Security
HOA fee: $350 monthly
HOA name: JIPOA

Location

Region: Vero Beach

Financial & listing details

Price per square foot: $1,927/sqft
Tax assessed value: $7,102,753
Annual tax amount: $76,263
Date on market: 4/13/2025
Listing terms: Cash
Ownership: Single Family/Other

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/1/2026	Listed for sale	$9,995,000$1,927/sqft
Source: Realtor Association of Indian River County #287453 Report a problem
1/17/2026	Pending sale	$9,995,000$1,927/sqft
Source: Douglas Elliman #287453 Report a problem
1/17/2026	Contingent	$9,995,000$1,927/sqft
Source: Realtor Association of Indian River County #287453 Report a problem
1/14/2026	Listed for sale	$9,995,000$1,927/sqft
Source: Realtor Association of Indian River County #287453 Report a problem
1/12/2026	Pending sale	$9,995,000$1,927/sqft
Source: Douglas Elliman #287453 Report a problem
1/12/2026	Contingent	$9,995,000$1,927/sqft
Source: Realtor Association of Indian River County #287453 Report a problem
4/21/2025	Listed for sale	$9,995,000+2251.8%$1,927/sqft
Source: Realtor Association of Indian River County #287453 Report a problem
7/1/1998	Sold	$425,000$82/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$79,448 +4.2%	$6,292,931 -11.4%
2024	$76,263 +530.7%	$7,102,828 +484.5%
2023	$12,092 +22.3%	$1,215,265 +34.6%
2022	$9,890 +15.2%	$902,893 +30%
2021	$8,588 -1.8%	$694,393 +0%
2020	$8,742	$694,257
2019	$8,742 -0.6%	$694,257 +0%
2018	$8,796 +15.7%	$694,035 +21.2%
2017	$7,602	$572,855 +16.4%
2016	$7,602 +8.6%	$492,160
2015	$6,998 -4.7%	$492,160 +6.3%
2014	$7,342	$462,990 +3.4%
2013	--	$447,570 +0.7%
2012	$6,592 0%	$444,530 -0.1%
2011	$6,593 -21.8%	$444,970 -21.8%
2010	$8,427 -2%	$568,920 -26.1%
2009	$8,600 -4.2%	$769,740 +1.7%
2008	$8,979 -14.5%	$757,100 -1.5%
2007	$10,504	$768,540 -12.8%
2006	--	$881,630 +66.9%
2005	--	$528,320
2004	--	$528,320 -8.6%
2003	--	$578,320 -7.6%
2002	$10,067 +44%	$625,690 +45.2%
2001	$6,989 +12%	$430,800 +15.9%
2000	$6,240	$371,820

Find assessor info on the county website

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