$575,000
1240 40th Avenue Sw, Vero Beach, Fl 32968
Vero Beach, FL 32968
Listing updated: June 8, 2026 at 7:16 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
Highly sought after Shadey Oaks, nestled among majestic oaks with a fenced backyard. Boats & RV's are welcome! This home offers the parking space for them. Lush landscape provides privacy. Home sits on a premium oversized lot, enter through the courtyard & double doors and you will find an open yet cozy floor plan. All wood plank look tile floors, carpet in bedrooms, amazing kitchen with granite counter tops, loads of cabinets, a large pantry, French doors lead to screened porch. The bedrooms & living room are a generous size and living area has a wood burning fireplace, 3 yr old 24 Gauge standing seam metal roof, 1 year old septic/drainfield. Seller is including a 1-year home warranty and a inspection report for added peace of mind. Located near the new I95 interchange being built. Shopping and dining around the corner. Short drive to major airports and you can fly several places locally out of Vero Beach Airport. Don't miss out on this one!
Local Insight
At $277/sqft for a 1985 home on the mainland side of Vero Beach, you're paying for location in a community that aggressively protects its character, but this property is several miles inland from the barrier island beaches and arts district—a meaningful trade-off if water access and walkable downtown proximity are priorities. The 2,077-sqft footprint on a half-acre lot with no HOA offers flexibility for renovation or expansion in a market where supply-controlled scarcity typically keeps prices elevated, making this feel like genuine value if the older construction and interior condition hold up to inspection. For buyers drawn to Vero's sophisticated demographic and cultural amenities, this is a practical entry point rather than a trophy property, but confirm it's zoned and situated to actually benefit from what makes Vero distinctive.
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 history
- Price reduced$575,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- None
- County
- Indian River
- Year built
- 1985
- Living area
- 2,077 sq ft
- Price/sq ft
- $277
- Building area
- 0 sq ft
- Lot size
- 21,780 sq ft
- Garage
- 2 spaces
- MLS #
- 1073976
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
Parking
- Garage spaces
- 2
Listing Details
- Original list price
- $615,000
Location
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