1016 48TH Terrace, Vero Beach, FL 32966

New Listing

$599,000

Exterior Front- private setting. 2019 roof

Virtual Tour

https://www.propertypanorama.com/1016-48TH-Terrace-Vero-Beach-FL-32966/unbranded

Private pond (shared with one neighbor) and pool! Almost an acre

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,251 Status: Active

Current Price: $599,000 List Date: 7/23/2026 Last Modified: 7/27/2026

Overview

Description

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
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-27T22:30:41Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-27T22:30:41Z
Status Change Date: 2026-07-23

More Information

Entry Information

Entry Level: Yes
Entry Location: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: 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
Bedroom 2: Yes
Bedroom 3: Yes
Den: Yes
Dining Room: Yes
Family Room: Yes
Foyer: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 308.94

Originating Details

Originating System Key: 20260723115640114218000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Dining Area

Dining/Living Room: Yes

Exterior Features

Courtyard: Yes

Flooring

Carpet: Yes
Laminate: Yes
Tile: Yes

Foundation Details

Slab: Yes

Parking Features

Circular Driveway: Yes
Concrete: Yes
Driveway: Yes
Garage Door Opener: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Spa Features

Above Ground: Yes
Heated: Yes

Special Listing Conditions

Standard: Yes

Fencing

None: Yes

Structure Type

House: Yes

Other Structures

Shed(s): Yes

Possession

Close Of Escrow: Yes

Sewer

Septic Tank: Yes

Utilities

Electricity Connected: Yes
Water Connected: Yes
Underground Utilities: Yes

View

Pool: Yes
Water: Yes

Heating

Central: Yes
Electric: Yes

Sprinkler Description

None: Yes

Water View

Lake: Yes
Pond: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

Construction Materials

Frame: Yes

Interior Features

Built-in Features: Yes
French Doors: Yes
Kitchen Island: Yes
Pull Down Stairs: Yes
Walk-In Closet(s): Yes

Laundry Features

In Garage: Yes
Sink: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Lot Features

Cul-De-Sac: Yes
Oversized Lot: Yes

Pool Features

Free Form: Yes
In Ground: Yes
Private: Yes
Screen Enclosure: Yes

Road Frontage Type

Private Road: Yes

Road Responsibility

Private Maintained Road: Yes

Road Surface Type

Other: Yes

Roof

Metal: Yes

Water Source

Public: Yes

Waterfront Features

Lake Front: Yes
Pond: Yes

Water Heater Details

Electric Water Heater: Yes

Architectural Style

Ranch: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Showing Requirements

Schedule Online: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Other: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Restrictions

No Restrictions: Yes

Tax Information

Homestead Exemption: Yes

Outdoor Living Spaces

Patio: Yes
Porch: Yes

Patio Details

Patio - Covered: Yes
Patio - Screened: Yes

Porch Details

Porch - Screened: Yes

Acreage Description

1/2 To Less Than 1 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

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

Flood Disclosure ›

PPI ›

Listing Office: Keller Williams Realty of VB

Last Updated: July - 27 - 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.

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