At $169/sqft for a waterfront unit, this is genuinely competitive pricing for Vero Beach's barrier island market, where waterfront typically commands a premium—worth a close look at what "waterfront" actually means here (direct access, views, or proximity) and whether the 1987 construction and 2-bath setup will meet your needs long-term. The no-HOA structure is a real plus that reduces ongoing fees, but you'll want to verify the building's reserve fund status and any special assessments, since older condos on the water can surprise buyers with structural or corrosion costs that individual units don't anticipate. The 360° tour is a smart move before visiting in person, especially to assess natural light, actual water views, and whether the unit's layout justifies the waterfront premium compared to inland alternatives in this boutique market.

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