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5240 20th Street, Vero Beach, FL, 32966

3beds
3baths
3,296sqft
$1,899,900
$576price/sqft
$13,570/moest. monthly cost
$542,800/yrincome needed

About This Home

INVESTORS -- RESIDENTIAL OR COMMERCIAL & BUILDERS!! Current zoning RS-6, with possibility of high density and commercial zoning, upon submitting plans to the Building Dept. Property is situated in the city's centre, directly on Highway 60. Home is set back, so you can enjoy the nature, but have all the stores you can imagine, right outside your doorstep. Bring yours horses or open your business -- upon getting your site plan approved. This property is one-of-a-kind, with so many options available. Great investment! The home has a lot of charm, including Peggy Cypress wall paneling, all over the home. NO HOA!! Property includes Pole barn, detached carport/garage and an attached carport. See video tour! Will not last!

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

6/10
7/10
5/10
Vero Beach High SchoolGrades 9-122.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1952

Materials

  • Roof: Composition,Shingle
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Features

  • Dining Area,Separate/Formal Dining Room,Main Level Primary
  • Flooring: Carpet,Ceramic Tile,Laminate,Wood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,296 sqft

Property

Details

  • Parcel number: 33390400001006000006.0
  • Zoning: RS-6

Features

  • Levels: Two
  • Stories: 2
  • Entry location: First Floor Entry,Fireplace
  • Has view: Yes
  • View description: Garden,Other

Lot

  • Lot size: 5.79 Acres
  • Features: 5-10 Acres
  • Lot size dimensions: 5 to <10 Acres

Parking

  • Total spaces: 1
  • Parking features: Attached,Circular Driveway,Garage,RV Access/Parking
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 1

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
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
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 $9,606$115,272
Home Insurance *$1,363$16,356
Property Taxes $2,270$27,240
Electricity $331$3,980
Total$13,570$162,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$465,257/yr
40% on housing$407,100/yr
45% on housing$361,866/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

$576This listing

vs Other Active Listings

Avg $/sqft

ZIP 32966$128
Indian River County$315

vs Homes Sold Last Month

Median $/sqft

ZIP 32966$216
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
2025-08-26Price change$1,899,900
2025-05-06Listed for sale$2,199,900
2024-05-07Listing removed--
2024-02-03Listing removed--
2023-07-26Price change$1,450,000
2023-05-05Listed for sale$2,200,000
2023-05-03Price change$4,900
2023-04-06Price change$5,200
2023-02-02Listed for rent$6,000
2023-01-03Sold$800,000
2022-12-07Pending sale$999,000
2022-10-14Contingent$999,000
2022-06-07Listed for sale$999,000
2022-05-23Contingent$999,000
2022-04-19Listed for sale$999,000
2022-01-20Pending sale$999,000
2022-01-20Contingent$999,000
2019-11-15Listed for sale$999,000

For Sale by Agent

AgentAli J Kazinetz
BrokerageBalistreri Real Estate Inc

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