When was property at 5240 20th Street built and last sold?

The property at 5240 20th Street was built in 1952 and last sold on Jan 3, 2023 for $800,000.

How much is this home worth?

The estimated value of the home located at 5240 20th Street is $1,860,254.

What are some comparable homes to 5240 20th Street?

There are currently no comparable homes to 5240 20th Street.

Vero Beach South

32966

5240 20th Street

Map

Video Tour

$1,899,900

↓ $300K (13.6%)

● House - For Sale

5240 20th Street

Vero Beach, FL 32966

3 Beds

3 Baths

3,296 Ft²

$9,632

Est. Monthly

1.03%

Cap Rate

About This Property

INVESTORS -- RESIDENTIAL OR COMMERCIAL & BUILDERS!! Current zoning RS-6, with possibility of high density and commercial zoning, upon submitting plans to the Building Dept. Property is situated in the city's centre, directly on Highway 60. Home is set back, so you can enjoy the nature, but have all the stores you can imagine, right outside your doorstep. Bring yours horses or open your business -- upon getting your site plan approved. This property is one-of-a-kind, with so many options available. Great investment! The home has a lot of charm, including Peggy Cypress wall paneling, all over the home. NO HOA!! Property includes Pole barn, detached carport/garage and an attached carport. See video tour! Will not last!

Unit Size

3,296 Ft²

Days on Market

543 days

Land Size

5.79 acres

Price per sqft

$576

Property Type

House

Property Taxes

$302

HOA Dues

Year Built

1952

Listed By

Ali Kazinetz

[email protected]

Exit Ryan Scott Realty

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Last updated: 24 days ago (Beaches MLS #F10502094)

Price History

Date / Event	Date	Event
Aug 26, 2025	Price Decreased	$1,899,900 ↓ $300K (13.6%)
Price Decreased
May 6, 2025	Listed by Balistreri Real Estate Inc	$2,199,900
Listed by Balistreri Real Estate Inc
May 8, 2024	No longer available	-
No longer available
Jul 26, 2023	Listed by Laurel Agency Inc.	$1,450,000
Listed by Laurel Agency Inc.

	this is a unique property. It offers a quiet spot close to everything. This home can be a B&B which opens up many opportunities. Under the Indian River County Code the Buyer could do a very small mixed use PD project with a small commercial establishment fronting SR 60 and residences serving as a buffer in the back. Allowed 6 houses per acre. The manager has listed the unit size as 3296 square feet.
May 5, 2023	Listed by Laurel Agency Inc	$2,200,000
Listed by Laurel Agency Inc

	This is a unique property. It offers a quiet spot close to everything. This home can be a B&B which opens up many opportunities. Under the Indian River County Code the Buyer could do a very small mixed use PD project with a small commercial establishment fronting SR 60 and residences serving as a buffer in the back. Allowed 6 houses per acre. The manager has listed the unit size as 3296 square feet.
Jan 4, 2023	Sold	Premium
Sold
Jul 19, 2021	Listed by LAUREL AGENCY, INC.	$999,000
Listed by LAUREL AGENCY, INC.

	This is a unique property. A true classic home built by one of Vero's legendary citrus barons. It offers a quiet spot close to everything. It can also be a B&B which opens up many opportunities. Under the Indian River County Code the Buyer could do a very small mixed use PD project with a small commercial establishment fronting SR 60 and residences serving as a buffer in the back..
Nov 14, 2019	Listed by Laurel Agency, Inc.	$999,000
Listed by Laurel Agency, Inc.

	This is a unique property. A true classic home built by one of Vero's legendary citrus barons. It offers a quiet spot close to everything. It can also be a B&B which opens up many opportunities. Under the Indian River County Code the Buyer could do a very small mixed use PD project with a small commercial establishment fronting SR 60 and residences serving as a buffer in the back.

Property Highlights

Parking Available

Garage

Elevator

Air Conditioning

Fireplace

Parking Details

Attached Garage

Has Carport

Has Open Parking

Parking Features: Attached, Circular Driveway, Carport, Garage, RV Access/Parking

Interior Details

Full Bathrooms: 3

Interior Features: DiningArea, SeparateFormalDiningRoom, MainLevelPrimary

Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer

Flooring Type: Carpet, Ceramic Tile, Laminate, Wood

Has Fireplace

Exterior Details

Square Footage: 3296

Square Footage Source: $0

Property Condition: Resale

Year Built: 1952

Levels: Two

Other Structures: Greenhouse

Construction Materials: Block, CBSConcreteBlockStructure

Lot Features: FiveToTenAcres

Lot Size Area: 252212.4

Lot Size Units: Square Feet

Lot Size Acres: 5.79

Lot Size Square Feet: 252212.4

Lot Size Dimensions: 5 to <10 Acres

Water Source: Public

Financial Details

Tax Annual Amount: $3,627

Utilities Details

Cooling Type: Central Air

Heating Type: Central

Building Info

Overview

General

Year Built: 1952

Effective Year Built: 1970
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: 6
Roof Shape Type: 8
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 4
Garage Square Area: 337
Parking Space Count: 1
Patio Type: 12
Porch Type: 36
Pool Type: 8
Location Influence Type: 149

Dimensions

Lot Size Square Feet: 252,212

Lot Size Frontage Feet: 2,522,124
Total Building Area: 3,296
Gross Building Area: 3,296
Building Area: 3,296
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 3,296
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: INDIAN RIVER FARMS COMPANY S/D
Land Acres: 0000005790
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: INDIAN RIVER FARMS CO SUB PBS 2-25 W 9 A OF E 20 A OF TR 6 SEC 4 TWP 33 S RGE 39 E, LESS HWY R/W, LESS N 440 FT (OR BK 426 PG 342)

Neighborhood

School District Name: Indian River County School District

Census Tract: 050202

Zoning

Zoning: RS-6

Geography

Subdivision Tract Number: 6

Parcel: 33-39-04-00001-0060-00006.0
Meridian: SEC 04 TWN 33S RNG 39E
Municipality: UNINCORPORATED
Latitude: 27.6397
Longitude: -80.44

Address

Full Address: 5240 20th St

Address - House Number: 5240
Address - Street Name: 20th
Address - Suffix Type: St
State: FL
City Name: Vero Beach
Carrier Code: C003
4-Digit Zip Code: 2222
Zip Code: 32966

Valuation

Tax

Total Area: 3,271

Tax Year: 2022
Tax Amount: $362,651
Tax Rate Code Area: 7

Appraisal Valuation

Standard Deviation: 0.0802

Valuation Date: Feb 28, 2024
Confidence Score: 94
Final Value: 1,375,863
High Value: 1,486,324
Low Value: 1,265,402

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $432,385

Market Land Value: $147,645
Market Improvement Value: $284,740

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $278,165

Sales

Current Sale Contract Date: Jan 03, 2023

Current Sale Recording Date: Jan 04, 2023
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 371

Last Sale Mortgage

First Mortgage Lender:

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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:

$339,000

Sale Price/ft²

$217

Below Asking

0.02%

Average Days on Market

Average Home Size

1672 ft²

Average Home Age

34.8 years

Currently For Sale

154 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

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$2,200 /mo

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Listed by: Ali J Kazinetz
Balistreri Real Estate Inc
Last Updated: 24 days ago
Data Source: Beaches MLS, MLS# F10502094

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.