The growing population of Vero Beach has created a demand for long-term rentals. This is especially true for single-family homes and townhouses.
The beautiful beaches are arguably the city’s most popular attraction. The clear, tranquil waters draw visitors and residents all year round.
1. It’s a Great Place to Live
In Vero Beach, the city promotes and supports local small businesses. As a result, residents here tend to shop at their neighborhood stores, which gives the area a real small-town feel. This is something that many people want, especially if they’re looking for a change of scenery from their current location.
Additionally, the cost of living is less than other areas of Florida. This makes it an ideal place to live for retirees who don’t want to spend all of their money on housing and other expenses. As a result, it’s no wonder that so many people choose to move to Vero Beach and enjoy all that this city has to offer.
As a bonus, the city is also known for its great seafood. This is an added benefit for foodies who love to try new restaurants and cuisines. Plus, the weather is perfect for outdoor activities, like golfing and fishing.
However, one thing that may be a drawback for some people is the crime rate in Vero Beach. The city has a high crime rate, with robberies and burglaries being common. In addition, the city has 180 registered sex offenders. This is a concern for some people, but the crime rate is declining over time. Nonetheless, it’s still important to consider the crime rate when choosing a place to live.
2. It’s Affordable
Vero Beach is a popular place to buy a home, and there are many affordable options available. The median home price is $385K, and the average townhome or condo costs around $330K. The city also has a low cost of living index, making it an excellent choice for those looking to buy a new home in Florida.
The city’s low property tax rate is another factor that makes it an affordable option for buyers. The county’s effective property tax rate is 0.9%, and the city’s actual property taxes are even lower. This makes it a great choice for those who are looking for a place to live that is both affordable and beautiful.
In addition to its affordability, Vero Beach offers plenty of amenities that make it a great place to live. For example, the city has a variety of restaurants and shops, and there are several golf courses in the area. It is also home to the Manatee Observation Center and Harbor Branch Oceanographic Institute.
Vero Beach has a lot to offer, and it is an ideal place for anyone who wants to live in Florida. The city is home to pristine beaches, world-class cultural attractions, and top-notch dining. Plus, it has a small-town feel that is unlike other Florida coastal cities. There are no high-rises in Vero Beach, and the streets are lined with palm trees and other tropical plants.
3. It’s a Great Place to Invest
The local economy is supported by a variety of industries, including tourism and citrus. Additionally, it is home to the aircraft manufacturer Piper Aircraft. These factors help to support the real estate market in Vero Beach, and contribute to its stability and growth.
This makes Vero Beach a great place to invest in real estate. Whether you are looking for a vacation rental, long-term rental, or fix-and-flip property, there are many opportunities available. In addition, the city’s thriving tourism industry means that there is always demand for vacation rentals.
Moreover, the yearly average appreciation rate for homes in Vero Beach is higher than the national average. This makes it a great place to buy a vacation home, or even as a primary residence.
In addition, Vero Beach has a number of amenities that make it a great place to live. There are numerous shops and restaurants in the area, as well as a variety of recreational activities. This makes it a good choice for those who are looking to get away from the hustle and bustle of big-city living.
If you’re looking to sell your Vero Beach home, you should consider working with a cash buyer. These buyers can save you money by avoiding the commission that would be paid to a realtor. In addition, they can also save you time by allowing you to avoid the hassle of staging your home.
4. It’s a Great Place to Rent
The beautiful city of Vero Beach is an ideal location for vacation rentals. The area is home to many beaches, as well as golf courses and other recreational facilities. In addition, it has a number of shops and restaurants. The city also has a number of museums and other attractions.
The beaches of Vero Beach are some of the most beautiful in Florida’s Treasure Coast. They offer a relaxing retreat away from the hustle and bustle of city life. Many of the local beaches are surrounded by lush vegetation and offer visitors a chance to enjoy the peace and quiet of the beach.
In addition to its beaches, Vero Beach is also known for its rich history and cultural events. It is the site of Dodgertown, which was the spring training home for the Los Angeles Dodgers from 1962 to 2017. The facility still hosts spring training and other events.
Those looking for a place to rent in Vero Beach should consider the neighborhood of Cache Cay. This neighborhood offers a variety of homes, including condos and townhomes. Homes in this area range from around $400K to $600K. They feature large, screened pools and spectacular views of the ocean and surrounding landscape. The community is close to shopping and restaurants, and the area has good schools. The city is also served by a public works department, police force and marina.