1016 48TH Terrace, Vero Beach, FL 32966 (MLS# B26055571)

1016 48TH Terrace, Vero Beach, FL 32966

New Listing
$599,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,251 Status: Active
Current Price: $599,000 List Date: 8/31/2026 Last Modified: 8/31/2026

Overview

Description

Back on the market after a whole house re-pipe! Tucked away on nearly an acre in the heart of town this one of a kind courtyard pool home offers the perfect blend of privacy, character & convenience. Centered around a stunning screened courtyard w/ a sparkling pool, the home embraces FL living at its finest w/ seamless indoor-outdoor spaces for maximum year-round enjoyment. The picturesque lake creates a peaceful backdrop & the expansive property provides room to roam. 2019 roof. 2024 AC. Minutes from shopping, dining and beaches. Full of warmth & charm- this home is anything but ordinary. 3 Beds plus an office, 2 Baths, 2 car Garage.

Listing Details MLS# B26055571

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Building Area Main
3251
Building Area Source
Public Records
Living Area Main
2023
Living Area Source
Public Records
Accessibility Features YN
No
Year Built
1978
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Parking Total
8
Gated Community YN
No
Lot Size Area
36154.8
Lot Size Acres
0.83
Lot Size Dimensions
231x156
Senior Community YN
No
Land Lease YN
No
Recreation Lease YN
No
Guest House YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
South
Fireplace YN
No
Pool Private YN
Yes
Spa YN
Yes
Green Verification YN
No
Equestrian Features YN
No
Furnished
Unfurnished
Year Roof Installed
2019
LP/Assessed Value
1.43

Property Features

Dining Area: Dining/Living Room Exterior Features: Courtyard Flooring: Carpet; Laminate; Tile Foundation Details: Slab Leasing Permitted Details: Okay To Lease Parking Features: Circular Driveway; Concrete; Driveway; Garage Door Opener; Attached Garage; Garage Property Condition: Resale Spa Features: Above Ground; Heated Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Ranch Construction Materials: Frame Cooling: Ceiling Fan(s); Central Air; Electric Fencing: None Heating: Central; Electric Interior Features: Built-in Features; French Doors; Kitchen Island; Pull Down Stairs; Walk-In Closet(s) Laundry Features: In Garage; Sink Levels: One Listing Terms: Cash; Conventional; FHA Lot Features: Cul-De-Sac; Oversized Lot Main Living Area: Entry Level Other Structures: Shed(s) Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Free Form; In Ground; Private; Screen Enclosure Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: Private Road Road Responsibility: Private Maintained Road Road Surface Type: Other Roof: Metal Sewer: Septic Tank Sprinkler Description: None Structure Type: House Tax Information: Homestead Exemption Utilities: Electricity Connected; Water Connected; Underground Utilities View: Pool; Water Water Source: Public Water View: Lake; Pond Waterfront Features: Lake Front; Pond Showing Requirements: Schedule Online Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Covered; Patio - Screened Porch Details: Porch - Screened Room Types: Bedroom 2; Bedroom 3; Den; Dining Room; Family Room; Foyer; Kitchen; Living Room; Master Bedroom Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
625000
Negotiable Seller Concessions YN
Yes
Occupant Type
Vacant
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Indian River
Street Number
1016
Street Name
48TH
Street Suffix
Terrace
Municipality Type
Incorporated
State Or Province
FL
Postal Code
32966
Postal Code +4
2851
Subdivision Name
BANYAN ACRES
Development Name
Banyan Acres
Area
6342 - County Southwest (IR)
Geographic Area
INRV - Indian River
Elementary School
Glendale
Middle Or Junior School
Storm Grove
High School
Vero Beach
Special Assessment YN
No
Parcel Number
333909000120000000040
Subdivision Number
90001
Zoning
RS-3
Flood Zone
X
Directions
43rd Avenue to west on 9th place to stop sign at 48th Avenue. Take a right on 48th Avenue to stop sign, left on 10th Street which turns into 48th Terrace. Home in cul-de-sac

Financial Information

Application Required YN
No
Master Association YN
No
Membership Fee Required YN
No
Tax Annual Amount
5561.15
Tax Year
2025
Tax Assessed/SOH Value
419212
Tax Legal Description
BANYAN ACRES LOT 4 PBI 9-31
Assessor Market Value
462772

Status Change Information

Major Change Timestamp
2026-08-31T11:50:00Z
Major Change Type
Back on Market
Price Change Timestamp
2026-07-27T22:30:41Z
Status Change Date
2026-08-31
Back on Market Date
2026-08-31

More Information

Entry Information

Entry Level
Yes
Entry Location
Yes

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
6

Boat and Dock Information

Dock
No

Capital Contributions

Capital Contributions YN
No

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
3
Main Level Bedrooms
3

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Room Types

Bedroom 2 Level
First
Bedroom 3 Level
First
Den Level
First
Dining Room Level
First
Family Room Level
First
Foyer Level
First
Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
296.09

Originating Details

Originating System Key
20260723115640114218000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Kitchen 11.00 13.00 First
Living Room 18.00 15.00 First
Master Bedroom 15.00 14.00 First
Foyer 8.00 11.00 First
Family Room 15.00 15.00 First
Dining Room 11.00 11.00 First
Bedroom 2 12.00 13.00 First
Bedroom 3 11.00 12.00 First
Den 11.00 9.00 First

Documents

IDX
Listing Office: Keller Williams Realty of VB
Last Updated: August - 31 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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