Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

1016 48TH Terrace, Vero Beach FL 32966

House For Sale
$599,000

BTC: 7.74902975

ETH: 244.58962842

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

Overview

Back on the market after a whole house re-pipe and brand new water installation! 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 & 2017 AC's. 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
$450,000
$309K – $749K
Confidence Low
List vs. estimate
$149K above estimate
List $599,000 · +33.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$296
+22.4% vs. city median $241
Based on
11 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
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$695,000
House
3 bds · 2 ba · 1,813 sqft
CLUB GROVE ESTATES, Vero Beach
3555 3RD Place SW, Vero Beach FL 32968
New
For Sale
$659,000
House
4 bds · 2 ba · 2,622 sqft
OAK CHASE SUBDIVISION PHAS,Oak Chase, Vero Beach
6545 35TH Lane, Vero Beach FL 32966
New
For Sale
$474,900
House
3 bds · 2 ba · 2,162 sqft
LOST LAKE, Vero Beach
760 22ND Avenue, Vero Beach FL 32962
For Sale
$460,000
House
3 bds · 2 ba · 1,912 sqft
OAK CHASE SUBDIVISION PHAS, Vero Beach
6445 36th Place, Vero Beach FL 32966
For Sale
$775,000
House
4 bds · 3 ba · 2,330 sqft
OLD SUGAR MILL ESTATES UNI, Vero Beach
4600 12TH Lane, Vero Beach FL 32966
For Sale
$572,943
House
4 bds · 3 ba · 2,791 sqft
Hampton Park, Vero Beach
5598 Hampton Park Circle, Vero Beach FL 32966
For Sale
$549,443
House
4 bds · 3 ba · 2,791 sqft
Hampton Park, Vero Beach
5597 HAMPTON PARK Circle, Vero Beach FL 32966
For Sale
$449,900
House
3 bds · 2 ba · 2,243 sqft
GROVENOR ESTATES UNIT ONE, Vero Beach
3596 12TH Street SW, Vero Beach FL 32968

Market around this address

Live counts in the same area.
View all

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