Vero Beach is a city located on the eastern coast of southern Florida, approximately 100 miles south of Orlando and about 140 miles north of Miami. The city is composed of an inland area and a portion of a barrier island, which is connected to the mainland by Merril P. Barber Bridge and Route 656. Fritz Island is within city limits as well. Vero Beach Regional Airport is located toward the northwestern... Read More
Vero Beach is a city located on the eastern coast of southern Florida, approximately 100 miles south of Orlando and about 140 miles north of Miami. The city is composed of an inland area and a portion of a barrier island, which is connected to the mainland by Merril P. Barber Bridge and Route 656. Fritz Island is within city limits as well. Vero Beach Regional Airport is located toward the northwestern edge of the mainland, and the city is home to a variety of scenic parks located right on the water.
One of the leading attractions in Vero Beach, FL, is the Vero Beach Resort. Tourism brings a lot of jobs to this region of the state, but citrus groves and Piper Aircraft provide employment opportunities as well. Many residents also work in the retail or food industries through local stores and restaurants. Piper Aircraft is one of the leading employers for all of Indian River County and attracts many talented employees to the city.The below results are primarily rent to own homes in Indian River County, FL:
Vero Beach is a city located on the eastern coast of southern Florida, approximately 100 miles south of Orlando and about 140 miles north of Miami. The city is composed of an inland area and a portion of a barrier island, which is connected to the mainland by Merril P. Barber Bridge and Route 656. Fritz Island is within city limits as well. Vero Beach Regional Airport is located toward the northwestern... Read More
Vero Beach is a city located on the eastern coast of southern Florida, approximately 100 miles south of Orlando and about 140 miles north of Miami. The city is composed of an inland area and a portion of a barrier island, which is connected to the mainland by Merril P. Barber Bridge and Route 656. Fritz Island is within city limits as well. Vero Beach Regional Airport is located toward the northwestern edge of the mainland, and the city is home to a variety of scenic parks located right on the water.
One of the leading attractions in Vero Beach, FL, is the Vero Beach Resort. Tourism brings a lot of jobs to this region of the state, but citrus groves and Piper Aircraft provide employment opportunities as well. Many residents also work in the retail or food industries through local stores and restaurants. Piper Aircraft is one of the leading employers for all of Indian River County and attracts many talented employees to the city.The below results are primarily rent to own homes in Indian River County, FL:
For outdoor recreation, Vero Beach residents take to the water to fish, swim, boat and participate in a variety of water sports. They also enjoy access to the McKee Botanical Garden, South Beach Park, Jaycee Park, Sexton Plaza Beach and the Veterans Memorial Island Sanctuary. These attractions plus many others make it easy to enjoy an active, healthy lifestyle in this region of Florida.
Buying a Home in Vero Beach
While it's common for buyers to pay around $120 per square foot for Vero Beach homes, the median sales price for the city typically stays well below $200,000. You can find nice homes selling for around $150,000 in many neighborhoods, but premium prices are often asked for the most luxurious waterside properties. This is an active real estate market that has allowed approximately 80 percent of residents to purchase homes, so you may need to make a fast offer when you find a home that meets your needs.
Popular Neighborhoods in Vero Beach?
If you want to live right on the water and you can afford to spend at least $1 million on your home, consider properties listed in the Anchor at the Moorings community. This neighborhood is positioned on a peninsula that is surrounded by deep water canals and the Indian River. While home prices can soar over $5 million for the most luxurious homes, this is a gated community with a guard on duty around the clock. The homes are positioned right on the water, and many boating enthusiasts are attracted to the area.
If you want to live in a gated community but can't afford the Anchor, consider Abington Woods. This is a gated neighborhood on the mainland with home prices around $300,000. There are fewer than 60 homes in this community, and the properties are centered around a lake and playground. Ansley Park is another gated community with similar home prices.
Buying vs. Rent to Own Homes?
If you're ready to buy a home in Vero Beach but need more time to prepare for homeownership, consider renting your way to ownership. You can invest in a rent-to-own home rather than renting someone else's property. These contracts allow you to rent in the short term while preparing to purchase the property in the future. Since you eventually purchase the home that you start out renting, you don't have to move once the sale is final. If you need more time to prepare for homeownership, look for rent-to-own homes in Vero Beach.
Cost of Living in Vero Beach?
You may assume that living in a popular coastal city like Vero Beach is expensive, but this city actually offers an affordable cost of living for most residents. There are some luxury gated communities where home prices start around $1 million, but there are even more neighborhoods offering homes in the $200,000-$300,000 range. The cost of housing and the overall cost of living tend to closely reflect the national average, though the housing market has been known to dip below average at times.
If you want to live on Florida's eastern coast with immediate access to the ocean, head about 100 miles south of Orlando to a small city named Vero Beach. This city incorporates an island and a portion of a larger barrier island sitting directly on the Atlantic Ocean, giving residents plenty of options for year-round outdoor recreation. It's also home to many tourist attractions like Vero Beach Resort. While the economy thrives on tourism, many residents find employment with Piper Aircraft and other large companies that maintain offices and production facilities in this area of southern Florida.
Summary
If you want to live on Florida's eastern coast with immediate access to the ocean, head about 100 miles south of Orlando to a small city named Vero Beach. This city incorporates an island and a portion of a larger barrier island sitting directly on the Atlantic Ocean, giving residents plenty of options for year-round outdoor recreation. It's also home to many tourist attractions like Vero Beach Resort. While the economy thrives on tourism, many residents find employment with Piper Aircraft and other large companies that maintain offices and production facilities in this area of southern Florida.
Rent to Own Realtors
Using a realtor for your rent to own deal can offer great benefits. Agents are well versed in real estate so they can effectively communicate opportunities and discern which of those opportunities is a legitimately good deal.
Nonetheless, not a lot of realtors will want to help with your rent to own deal because upfront profit for a realtor is minimal and the big payout down the line is not a guarantee.
That means you’ll have to do a little research to ensure that you make the best decisions, but you will save money on commission.
About Our Listings
Listing properties for traditional sale eliminates a big chunk of the buyer market. People with bad credit are left out of the traditional home buying process. Nonetheless, buyers who don’t qualify for mortgages are still in the market for apartments and houses.
Rent to own by owner programs with no credit check are an easy way for a seller to start earning money from their townhouse or condo in a market that isn’t viable, which appeals to new groups of buyers.
Through rent to buy and lease to purchase, sellers rent a property to potential buyers for a set lease term. During which, the seller earns profit through the rent buyers pay as a tenants. At the end of the lease, the buyer has the option to buy the property, or if they signed a lease-purchase agreement, they must buy it.
With a little patience, sellers can make rent money and the true value of their home from its eventual sale. Which is better than selling the home cheap and competing with bank-owned foreclosed homes that sell for less than market value.
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