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For sale
    • $9,995,000

    120 Coconut Palm Rd, Vero Beach, FL 32963

    5beds
    5,187sqft
    : 
    $66,052/mo
    Get pre-qualified
    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.
    478 days
    |
    406
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael T Merrill 561-427-3958,

    Douglas Elliman Florida LLC

    Source: Realtor Association of Indian River County,MLS#: 287453MLS LogoOriginating MLS: Indian River

      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

        Not available

        Price history

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

        Public tax history

        YearProperty taxesTax 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

        Monthly payment

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

        Neighborhood: 32963

        Getting around

        6 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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