At $173/sqft for a waterfront unit in Vero Beach, this is genuinely competitive pricing—you're getting direct water access in a market where the barrier island's strict development controls keep supply tight and character preserved. The 2001 construction date and modest 1,127 sqft footprint mean you'll want a thorough inspection to understand any deferred maintenance, but for a condo with no HOA fees, the total cost of ownership is straightforward without surprise assessments. Location-wise, you're on the lagoon side rather than oceanfront, which explains the price point, but that puts you in the heart of Vero's cultural core where you can actually walk to restaurants and galleries—a real trade-off worth considering against the prestige of an ocean-view property.

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