When was property at 1015 48th Terrace built and last sold?

The property at 1015 48th Terrace was built in 1978 and last sold on Apr 28, 2023 for $500,000.

How much is this home worth?

The estimated value of the home located at 1015 48th Terrace is $0.

What are some comparable homes to 1015 48th Terrace?

There are currently no comparable homes to 1015 48th Terrace.

Vero Beach South

32966

1015 48th Terrace

$850,000

● House - Off Market

1015 48th Terrace

Vero Beach, FL 32966

4 Beds

2 Baths

2,481 Ft²

$4,606

Est. Monthly

About This Property

Lakefront property nestled on a Beautifuly secluded .80 acre home site overlooking a serene pond on property combined w/back yard lake views embraced by stately large Oak trees laden with spanish moss. Interior is a complete rebuild featuring all the best of the best a true symphony of luxury and convenience. Waterfall custom quartz counter tops & backsplash, custom cabinets, all new appliances, flooring and bath fixtures. Metal roof impact windows 2 new A/C units, full house generator & impact windows lots of room for your toys with no HOA. This home is an experience waiting to be lived

Unit Size

2,481 Ft²

Days on Market

105 days

Land Size

0.83 acres

Price per sqft

$363

Property Type

House

Property Taxes

$187

HOA Dues

Year Built

1978

Payment Calculator

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Last updated: 6 months ago (Beaches MLS #R10945342)

Price History

Date / Event	Date	Event
May 10, 2024	No longer available	-
No longer available
Apr 26, 2024	Sold	Premium
Sold
Apr 17, 2024	In contract	-
In contract
Apr 4, 2024	Price Decreased	$900,000 ↓ $25K (2.7%)
Price Decreased
Mar 28, 2024	Relisted	$925,000
Relisted
Mar 16, 2024	In contract	-
In contract
Jan 25, 2024	Price Decreased	$930,000 ↓ $20K (2.1%)
Price Decreased
Jan 14, 2024	Listed by Coldwell Banker Schmidt Family Of Companies	$950,000
Listed by Coldwell Banker Schmidt Family Of Companies

	Lakefront property nestled on a Beautifuly secluded .80 acre home site overlooking a serene pond on property combined w/back yard lake views embraced by stately large Oak trees laden with spanish moss. Interior is a complete rebuild featuring all the best of the best a true symphony of luxury and convenience. Waterfall custom quartz counter tops & backsplash, custom cabinets, all new appliances, flooring and bath fixtures. Metal roof impact windows 2 new A/C units, full house generator & impact windows lots of room for your toys with no HOA. This home is an experience waiting to be lived The manager has listed the unit size as 2481 square feet.
Dec 26, 2023	Listed by Coldwell Banker Paradise	$900,000
Listed by Coldwell Banker Paradise
May 10, 2023	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

With View

Building Info

Overview

General

Year Built: 1978

Effective Year Built: 1988
Building Count: 1
Total Rooms: 6
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
Building Condition: 0
Building Quality: 9
Construction Type: 12
Building Style: 25
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 6
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 1
Garage Square Area: 460
Parking Space Count: 2
Patio Type: 79
Porch Type: 102
Pool Type: 0
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 36,155

Lot Size Depth Feet: 1,563
Lot Size Frontage Feet: 2,308
Total Building Area: 2,941
Gross Building Area: 2,941
Building Area: 2,481
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 2,481
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BANYAN ACRES
Land Acres: 0000000830
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: BANYAN ACRES LOT 3 PBI 9-31

Neighborhood

School District Name: Indian River County School District

Census Tract: 050702

Zoning

Zoning: RS-3

Geography

Parcel: 33-39-09-00012-0000-00003.0

Lot: 3
Meridian: SEC 09 TWN 33S RNG 39E
Municipality: UNINCORPORATED
Latitude: 27.6212
Longitude: -80.4363

Address

Full Address: 1015 48th Ter

Address - House Number: 1015
Address - Street Name: 48th
Address - Suffix Type: Ter
State: FL
City Name: Vero Beach
Carrier Code: C001
4-Digit Zip Code: 2851
Zip Code: 32966

Valuation

Tax

Total Area: 2,607

Tax Year: 2022
Tax Amount: $224,593
Tax Rate Code Area: 7

Appraisal Valuation

Standard Deviation: 0.2016

Valuation Date: Jan 03, 2024
Confidence Score: 72
Final Value: 587,407
High Value: 705,843
Low Value: 468,971

Market Valuation

Market Total Value: $400,463

Market Land Value: $106,905
Market Improvement Value: $293,558

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $187,405

Sales

Current Sale Contract Date: Apr 28, 2023

Current Sale Recording Date: May 10, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 23358

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Vero Beach South

Stats & Trends

Median Asking:

$333,900

Sale Price/ft²

$216

Below Asking

0.02%

Average Days on Market

Average Home Size

1665 ft²

Average Home Age

35.6 years

Currently For Sale

176 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5410 25th Place, Vero Beach, FL, 32966

$2,450 /mo

3 Beds
2 Baths
1,909 ft²

5410 25th Place, Vero Beach, FL, 32966 Listing by Karey Betancur

Unit for rent at 2466 44th Avenue, Vero Beach, FL, 32966

$2,500 /mo

3 Beds
2 Baths
1,520 ft²

2466 44th Avenue, Vero Beach, FL, 32966 Listing by Dominique Renesca

Unit for rent at 2075 37th Avenue, Vero Beach, FL, 32960

$1,850 /mo

2 Beds
1 Bath
900 ft²

2075 37th Avenue #B, Vero Beach, FL, 32960 Listing by Hollie M Billero Buldo

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: J Vance Brinkerhoff
Coldwell Banker Paradise
Last Updated: 6 months ago
Data Source: Beaches MLS, MLS# R10945342

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

1015 48th Terrace

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Vero Beach South

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions