120 Coconut Palm Rd, Vero Beach, FL, 32963
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Roof: Tile
- Construction materials: Block,Concrete,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Disposal,Range,Refrigerator,Wine Cooler,Washer
- Laundry features: Laundry Closet,Lower Level,Laundry Room
Bedroom
- Dimensions: 20x18
Bedroom
- Dimensions: 20x14
Bedroom
- Dimensions: 15x15
Bedroom
- Dimensions: 16X12
Bedroom
- Dimensions: 12x12
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Family Room
- Dimensions: 29x21
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)
- Door features: French Doors
- Window features: None
- Flooring: Slate,Wood
- Number of fireplaces: 1
- Fireplace: Yes
Great Room
- Dimensions: 20x37
Heating & Cooling
- Heating features: Zoned
- Cooling features: 1 Unit,3+ Units,Zoned
Interior Area
- Total interior livable area: 5,187 sqft
Kitchen
- Dimensions: 11x21
Living Room
- Dimensions: 18x21
Loft
- Dimensions: 13X11
Other
- Dimensions: 10X12
Property
Details
- Parcel number: 32391300002000000002.0
- Zoning: ,
- Zoning description: Residential
Features
- Levels: Two
- Stories: 2
- Pool features: Fenced,Gas Heat,Heated,Pool
- Patio & porch: Covered,Porch
- Exterior features: Balcony,Sprinkler/Irrigation,Outdoor Kitchen,Outdoor Shower,Porch,Rain Gutters,Propane Tank - Owned
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Wall
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- On waterfront: Yes
- Waterfront features: Canal Access,Beach Access
- Frontage length: 143
- Living area range: 5001-5500
Lot
- Lot size: 0.69 Acres
- Features: Corner Lot,1/2 to 1 Acre Lot
- Lot size dimensions: IRREG
Parking
- Total spaces: 3
- Parking features: Attached,Driveway,Three Car Garage,Paver Block,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
- Coastal Flooding
- Inland Flooding
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Indian River County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $50,540 | $606,480 |
| Home Insurance * | $19,111 | $229,332 |
| Property Taxes | $8,616 | $103,392 |
| Electricity | $522 | $6,264 |
| Total | $78,789 | $945,468 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $9,995,000 |
| 2026-01-17 | Pending sale | $9,995,000 |
| 2026-01-17 | Contingent | $9,995,000 |
| 2026-01-14 | Listed for sale | $9,995,000 |
| 2026-01-12 | Pending sale | $9,995,000 |
| 2026-01-12 | Contingent | $9,995,000 |
| 2025-04-21 | Listed for sale | $9,995,000 |
| 1998-07-01 | Sold | $425,000 |
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