5240 20th Street, Vero Beach FL 32966, VERO BEACH, FL, 32966
Active470 days on marketListed May 6, 2025MLS #F10502094
About this home
5240 20th Street, Vero Beach FL 32966
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!
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
3,296
Sqft
1952
Year built
2
Levels
$576
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$11,426 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$11,426/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Vero Beach actives
$576 vs $254
Days on market
470 vs 58 typical
Where $576/sqft sits among the 400 Vero Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Vero Beach
Get to know Vero Beach. See the full Vero Beach guide →
VERO BEACH 32966 — neighborhood snapshot
Population
20,025
Median age
63
Median income
$63,144
Median home value
$264,300
Avg household
2.06
Households w/ children
1,021
For the school run
Indian River County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Vero Beach market
$441K → $370K
Vero Beach median sold, yr/yr
97.5%
Sale-to-list ratio (12 mo)
45 of 400
Vero Beach actives have cut their price
Median sold price, Vero Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 525% above the VERO BEACH 32966 median. See the full Vero Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 5240 20th Street
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$908,000
5240 Rosewood Ln, Vero Beach FL 32966
3 bd · 3 ba · 2,730 sqft · $333/sqft · 119 DOM
Sold · Jun ’26$553,000
Nearby listing
4 bd · 3 ba · 2,279 sqft · $243/sqft · 23 DOM
Sold · Jul ’26$389,000
3266 Sussex Way, Vero Beach FL 32966
3 bd · 2 ba · 2,241 sqft · $174/sqft · 9 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5240 20th Street — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5240 20th Street — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5240 20th Street FAQs
What would the monthly payment be for 5240 20th Street, Vero Beach FL 32966?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,426/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5240 20th Street, Vero Beach FL 32966?+
The most recent tax bill on record (2022) was $3,627. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5240 20th Street, Vero Beach FL 32966?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Vero Beach?+
At $1,899,900, this home is listed about 322% above the Vero Beach median of $450,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5240 20th Street, Vero Beach FL 32966?+
Glendale Elementary School (elementary), Vero Beach High School (high), Storm Grove Middle School (middle) — Indian River County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$1,899,900 runs 525% above the VERO BEACH 32966 median — but at 3,296 sqft it's also nearly twice the size of the typical Vero Beach listing.
02Garden & Other & Other Water View views
The garden and other and other water view view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
470 days on market against a Vero Beach median of 58 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $2,199,900, now $1,899,900 — a $300K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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