The ongoing redevelopment of the beachside retail and commercial district will have a great positive impact for the value of residential areas on “Central Beach”in Vero Beach Florida. The recent rebuild of Sexton Plaza, the addition of several upscale hotels, and the planned improvements at Humiston Park will increase the appeal of a central beach address.
Vero Beach Real Estate owners and residents alike will benefit from the great selection of retail on Ocean Drive and many fine restaurants. With easy walking access to the beach and many opportunities for shopping and dining, central beach will once again be the place to stay.
The opportunity for investors and prospective homeowners is the recent decline in the price of property listings. The are several current listing for single family homes under $300,000 and condos under $200,000. Although these listing may need updating and or renovation, these prices haven’t been seen since 2003.
Now is the time to take advantage of a great selection of homes for sale, a strong buyer’s market and historically low interest rates!
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