When was property at 120 Coconut Palm Road built and last sold?

The property at 120 Coconut Palm Road was built in 2002 and last sold on Jun 30, 1998 for $425,000.

How much is this home worth?

The estimated value of the home located at 120 Coconut Palm Road is $10,094,950.

What are some comparable homes to 120 Coconut Palm Road?

There are currently no comparable homes to 120 Coconut Palm Road.

Indian River Shores

32963

120 Coconut Palm Road

Map

$9,995,000

● House - For Sale

120 Coconut Palm Road

Vero Beach, FL 32963

5 Beds

5 Baths, 1 Half Bath

5,187 Ft²

$55,783

Est. Monthly

$350

HOA / Fees

-0.41%

Cap Rate

About This Property

Brand new and impeccably crafted, this 2024-built estate spans 7,773 total SF on a .69- acre corner lot with 143' of waterfrontage. Designed by Gregory Anderson and built by Water's Edge Estates, it features dramatic ceiling details, a three-bay garage, resort-
style pool/spa, guest balconies, outdoor kitchen, and a covered lanai. Enjoy absolute privacy with lush mangroves, native wildlife, and your own private dock. A rare waterfront retreat in the heart of Johns Island.

Unit Size

5,187 Ft²

Days on Market

571 days

Land Size

0.69 acres

Price per sqft

$1,927

Property Type

House

Property Taxes

$6,355

HOA Dues

$350

Year Built

2002

Listed By

MICHAEL MERRILL

[email protected]

ATLANTIC SHORES REALTY OF JACKSONVILLE LLC

Payment Calculator

Cap Rate Calculator

Last updated: 20 days ago (Indian River #287453)

Price History

Date / Event	Date	Event
Oct 17, 2026	Relisted	$9,995,000
Relisted
Sep 10, 2026	In contract	-
In contract
May 1, 2026	Relisted	$9,995,000
Relisted
Jan 18, 2026	In contract	-
In contract
Jan 15, 2026	Relisted	$9,995,000
Relisted
Jan 13, 2026	In contract	-
In contract
Apr 13, 2025	Listed by Douglas Elliman Florida LLC	$9,995,000
Listed by Douglas Elliman Florida LLC
Jul 1, 1998	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Parking Details

Has Garage

Has Open Parking

Parking Features: Attached, Driveway, Paver Block, ThreeCarGarage, ThreeOrMoreSpaces

Garage Spaces: 3

Interior Details

Half Bathrooms: 1

Full Bathrooms: 5

Interior Features: High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum, ClosetCabinetry, SplitBedrooms, FrenchDoorsAtriumDoors

Appliances: Dryer, Dishwasher, Disposal, Range, Refrigerator, Wine Cooler, Washer

Flooring Type: Slate, Wood

Door Features: French Doors

Laundry Features: Laundry Closet, Lower Level, Laundry Room

Rooms: 11

Has Fireplace

Fireplaces: 1

Exterior Details

Square Footage: 5187

Square Footage Source: $0

Security Features: Gated with Guard, Security Guard

Architectural Style: TwoStory

Year Built: 2024

Waterfront Features: Canal Access, Beach Access

Levels: Two

Window Features: None

Construction Materials: Block, Concrete, Stucco

Patio and Porch Features: Covered, Porch

Pool Features: Fenced, Gas Heat, Heated, Pool

Pool is Private

Lot Features: Corner Lot, HalfToOneAcreLot

Lot Size Area: 0.69

Lot Size Units: Acres

Lot Size Acres: 0.69

Lot Size Square Feet: 30056.4

Lot Size Dimensions: IRREG

Tax Lot: 2

Water Source: Public

Financial Details

Tax Annual Amount: $76,263

Utilities Details

Cooling Type: Zoned, OneUnit, ThreeOrMoreUnits

Heating Type: Zoned

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Insurance, Security, CommonAreas

HOA/Condo/Coop Amenities: DuesPaidMonthly

HOA Fee: $350

HOA Fee Frequency: Monthly

Building Info

Overview

General

Year Built: 2002

Effective Year Built: 2002
Building Count: 1
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 79
Porch Type: 0
Pool Type: 0
Location Influence Type: 71

Dimensions

Lot Size Square Feet: 26,136

Lot Size Depth Feet: 1,924
Lot Size Frontage Feet: 1,330
Total Building Area: 4,896
Building Area: 4,896
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 4,896
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: JOHNS ISLAND PLAT 34
Land Acres: 0000000600
Standard Land Use Code: 1108
County Land Use Code: 0700
State Land Use Code: 07
Legal Description 1: JOHNS ISLAND PLAT 34 LOT 2 PBI 11-80

Neighborhood

School District Name: Indian River County School District

Census Tract: 050507

Zoning

Zoning: R-1A

Geography

Parcel: 32-39-13-00002-0000-00002.0

Lot: 2
Meridian: SEC 13 TWN 32S RNG 39E
Municipality: TOWN OF INDIAN RIVER SHORES
Latitude: 27.6948
Longitude: -80.3798

Address

Full Address: 120 Coconut Palm Rd

Address - House Number: 120
Address - Street Name: Coconut Palm
Address - Suffix Type: Rd
State: FL
City Name: Vero Beach
Carrier Code: C024
4-Digit Zip Code: 3705
Zip Code: 32963

Valuation

Tax

Tax Year: 2022

Tax Amount: $988,965
Tax Rate Code Area: 6

Market Valuation

Market Total Value: $902,893

Market Land Value: $899,426
Market Improvement Value: $3,467

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $902,893
Assessed Land Value: $899,426
Assessed Improvements Value: $3,467

Sales

Current Sale Contract Date: Jun 30, 1998

Current Sale Recording Date: Jul 01, 1998
Current Sale Price:

Premium
Current Sale Document Type: 71

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

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Comparables

About Indian River Shores

Stats & Trends

Median Asking:

$1,250,000

Sale Price/ft²

$452

Below Asking

0.03%

Average Days on Market

103

Average Home Size

2666 ft²

Average Home Age

35.5 years

Currently For Sale

87 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

Rentals Near You

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Listed by: Michael T Merrill, Douglas Elliman Florida LLC
Last Updated: 20 days ago
Data Source: RAIRC, MLS# 287453

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.