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245 Strand Ter, Indian River Shores, FL, 32963

4beds
4baths
3,041sqft
$2,275,000
$748price/sqft
$18,466/moest. monthly cost
$738,640/yrincome needed

About This Home

Built in 2023, backing up to a preserve for complete privacy ($150k lot upgrade), this home in The Strand blends modern design w/ effortless Florida living. A bright, open floorplan showcases wood-look tile floors, coffered ceilings, & impact windows that fill the home w/ natural light. The kitchen offers a waterfall island, premium finishes & appliances & natural gas cooking. 4 beds & 4 full baths. Private screened saltwater pool/spa, ideal for year round enjoyment. Whole house generator, 3-car AC/Heated garage. Private deeded beach access and direct access to the historic Jungle Trail.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

7/10
7/10
Gifford Middle SchoolGrades 6-84.5 mi
5/10
Vero Beach High SchoolGrades 9-127.6 mi

Construction

Condition

  • Year built: 2023

Materials

  • Roof: Tile
  • Construction materials: Block,Concrete

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Oven,Cooktop,Dryer,Dishwasher,Disposal,Gas Water Heater,Microwave,Refrigerator,Wine Cooler,Washer
  • Laundry features: Lower Level,Laundry Room,Laundry Tub

Bedroom

  • Dimensions: 17X16

Bedroom

  • Dimensions: 11X13

Bedroom

  • Dimensions: 11X13

Bedroom

  • Dimensions: 12X15

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Dimensions: 11X15

Features

  • Closet Cabinetry,Crown Molding,High Ceilings,Kitchen Island,Primary Downstairs,Pantry,Walk-In Closet(s)
  • Window features: Blinds
  • Flooring: Carpet,Tile

Foyer

  • Dimensions: 7X15

Heating & Cooling

  • Heating features: Multiple Heating Units
  • Cooling features: 2 Units

Interior Area

  • Total interior livable area: 3,041 sqft

Kitchen

  • Dimensions: 13X19

Living Room

  • Dimensions: 22X18

Property

Details

  • Parcel number: 31393600044000000046.0
  • Zoning: ,
  • Zoning description: Residential
  • Other equipment: Generator

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Pool,Private,Screen Enclosure
  • Patio & porch: Covered,Patio,Porch,Screened
  • Exterior features: Sprinkler/Irrigation,Porch
  • Has spa: Yes
  • Spa features: Hot Tub
  • Has view: Yes
  • View description: Garden,Pool,Preserve
  • Waterfront features: None,Beach Access
  • Living area range: 3001-3500

Lot

  • Lot size: 0.29 Acres
  • Features: 1/4 to 1/2 Acre Lot
  • Lot size dimensions: 82 x 167

Parking

  • Total spaces: 3
  • Parking features: Air Conditioned Garage,Attached,Driveway,Garage,Three Car Garage,Garage Door Opener,Three or more Spaces
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Lightning
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Indian River County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,503$138,036
Home Insurance *$4,350$52,200
Property Taxes $2,307$27,684
Electricity $306$3,672
Total$18,466$221,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$633,120/yr
40% on housing$553,980/yr
45% on housing$492,426/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$748This listing

vs Other Active Listings

Avg $/sqft

ZIP 32963$1,015
Indian River County$315

vs Homes Sold Last Month

Median $/sqft

ZIP 32963$471
Indian River County$239

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Listed for sale$2,275,000
2026-05-04Listing removed$1,995,000
2026-02-25Price change$1,995,000
2026-01-26Price change$2,049,000
2025-11-03Listed for sale$2,095,000
2023-05-17Sold$1,814,500

For Sale by Agent

AgentCindy J O'Dare
BrokerageOne Sotheby's Int'l Realty

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