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1016 48TH Terrace, Vero Beach FL 32966

House For Sale
$599,000

BTC: 9.32295720

ETH: 314.82571585

-$26K (2026/07/28)
9 days
Waterfront
3 bds
2 ba
2,023 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Circular Driveway / Driveway / Parking Garage
Year Built:
1978
Lot:
0.83 Acres
Heating:
Central / Electric
Price/sqft:
$296
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$498,500
$327K – $766K
Confidence Low
List vs. estimate
$100K above estimate
List $599,000 · +20.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$296
+20.4% vs. city median $245
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,561
2025
Pool
Free Form
View
Lake, Pool
Waterfront
Pond
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Cooking Island

    • French Doors

    • Pull Down Stairs

    • Walk-In Closet(s)

    • Den/Library/Office

    • Family Room

    • Foyer

    • Utility/Laundry In Garage

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Circular Driveway

    • Driveway

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Courtyard / None

    Lot

    • Lot: 0.83 Acres

    Other Property Information

    • Parcel Number: 333909000120000000040

    • Zoning: RS-3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Septic

    • Underground Utilities

    • Electricity Available

    • Water Available

  • Other financial information

    • Annual tax amount: $5,561

  • Source details

    • MLS ID: B26055571

    Other facts

    • Construction Materials: Frame / Frame With Stucco / Slab Construction

    • Laundry Features: In Garage

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot / Cul-De-Sac / Less Than 1 Acre / Oversized Lot / Septic

    • Patio And Porch Features: Patio / Screened Porch

    • Pool Features: Free Form / Private / Screen Enclosure

    • Direction Faces: South

    • Other Structures: Livable / Extra Building/Shed / Shed(s) / Storage Shed

    • Architectural Style: Ranch / One Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2023

    • Water Source: Public

    • Lot Size Dimensions: 231x156

    • Subdivision Name: BANYAN ACRES,Banyan Acres

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Keller Williams Realty of VB