$1,500
5 Vista Palm Lane
Vero Beach, FL 32962
Listing updated: June 2, 2026 at 7:50 AM ET
Listing courtesy of Re/Max Realtec Group Inc · Allison Lawless · MLS #TB8504439 · Active · 727-789-5555Property type
Year built
Price / sq ft
HOA dues
Days on market
About this home
**No Age restrictions** Rare opportunity to lease a fully furnished 2nd-floor unit in Vista Royale. Located in one of the only buildings within the community that allows all ages (one of just three with no age restrictions), this well-maintained condo is move-in ready and ideal for seasonal or short-term living. Lease Terms & Inclusions: Rent includes HOA fees, water, sewer, trash, and basic cable. Tenant is responsible for electricity. Minimum lease term is 2 months in accordance with HOA requirements. Community Features: Vista Royale offers a wide range of amenities available to tenants, including clubhouse, pool(s), golf, fitness, tennis, and social activities. Restrictions: HOA rules: no pets and no truck parking permitted. Conveniently located near shopping, dining, and just a short drive to Vero Beach!
Local Insight
At $1,500 for a 750-sqft one-bedroom built in 1974, you're looking at pennies-on-the-dollar pricing that demands serious scrutiny—$2/sqft is essentially land value, which suggests either a major catch (structural issues, terrible location within Vero, or title problems) or a legitimate opportunity in a market where waterfront and proximity to the arts district typically command real premiums. The private pool is a genuine plus in a no-HOA unit, but a nearly 50-year-old condo at this price point needs a thorough inspection to understand what you're actually buying, especially regarding foundation, roof, and whether recent buyers are flipping or fleeing for a reason. Given Vero's reputation for attracting sophisticated buyers and preserved character, this either slots into an overlooked pocket of the market or is underpriced for legitimate structural/legal reasons—either way, get a professional assessment before assuming you've found a hidden gem.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history31 days on market
- Status: ActiveMay 2, 2026
- Listed$1,600May 2, 2026
- Price reduced$1,500
Facts & features
- Property type
- Residential Lease
- Sub type
- Condominium
- Status
- Active
- Days on market
- 31
- County
- Indian River
- Year built
- 1974
- Living area
- 750 sq ft
- Price/sq ft
- $2
- Building area
- 800 sq ft (Public Records)
- Lot size
- 0 sq ft
- Pool
- Private pool
- Parcel #
- 33401900002005000203.0
- MLS #
- TB8504439
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Half bathrooms
- 1
- Flooring
- Laminate, Tile
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Refrigerator
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
- Laundry
- Outside, Upper Level
- Stories / Levels
- One
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Attached garage
- No
- Parking features
- Assigned
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- HOA name
- Vista Royale
- Min lease term
- 2 Months
Exterior & Construction
- Exterior features
- Sliding Doors, Storage
- Pool
- Private pool
- Road surface
- Paved
Utilities
- Utilities
- Cable Connected, Electricity Connected, Public
Community
- Pets allowed
- No
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 14x18 |
| Kitchen | First | 12x10 |
| Primary Bedroom | First | 16x14 |
| Balcony/Porch/Lanai | First | 12x8 |
Listing Details
- Listing date
- 2026-05-02
- On market date
- 2026-05-02
- Original list price
- $1,600
- Occupant type
- Owner
- MLS area
- 32962 - Vero Beach
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-02
Location
Directions
Turn past the club house, make first right and find building 5 on right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 2, 2026 at 7:50 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA