$9,995,000

120 Coconut Palm Rd Vero Beach, FL 32963

5 beds
5 full, 1 partial
5,224 sqft
0.7 acres
$1,913 / sqft
House

Property details

About 120 Coconut Palm Rd

Experience luxury redefined in this 2023-built John's Island waterfront estate offering 7,773 total SF on a private .69-acre corner lot with 143 feet of water frontage. Built by Water’s Edge Estates and designed by renowned architect Gregory Anderson—both known for exceptional craftsmanship and quality. This home showcases exquisite ceiling treatments throughout, a three-bay garage, resort-style pool/spa, outdoor kitchen, guest balconies, and a covered lanai. Enjoy tranquil privacy with lush mangroves, native wildlife, and your own private dock.

Highlights

Home typeSingle Family Residence
HeatingZoned
StatusActive
CoolingZoned
Size5,224 sqft
Lot size0.69 Acres
Year built2023
ParkingAttached, Driveway, Paver Block
MLS #287453
Attached garage3 spaces
WaterfrontCanal, Beach
ViewCanal

Summary

  • MLS Number: 287453
  • MLS Name: IndianRiver
  • Office Name: Douglas Elliman Florida LLC
  • Office Phone: (561) 427-3958
  • Listing Agent: Michael T Merrill

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. The information being provided is 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. Information deemed reliable but not guaranteed. Copyright© 2025 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 6:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a view of trees, a chimney, a balcony, and stucco siding

$9,995,000

120 Coconut Palm Rd

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Price information

Property sales

DateEventPrice
Jul 01, 1998
Home Sold
$425,000

Tax history

YearAssessmentProperty Tax
2023$1,215,265$12,091
2022$902,893$9,889
2021$694,393$9,889
2020$694,257$8,741
2018$595,513$8,575
2017$572,855$7,601

History based on county public records data.

Nearby schools

4

North County Charter School

Public Charter KG-5

2.8 mi

6640 Old Dixie Hwy

7

Beachland Elementary School

Public District PK-5

2.9 mi

3350 Indian River Dr E

3

St. Peter's Academy

Public Charter KG-6

3.1 mi

4250 38th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $213,385. Most Vero Beach, FL residents have annual incomes $200k+. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

12%
<35k
15%
35k-100k
22%
100k-200k
51%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
0%
Single, with Kids
70%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

1%
<11 yrs old
1%
12-17 yrs old
1%
18-34 yrs old
22%
35-64 yrs old
75%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • PaneraPanera

What do the neighbors drive?

  • LincolnLincoln
  • LexusLexus
  • InfinitiInfiniti

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 120 Coconut Palm Rd

This home is located at 120 Coconut Palm Rd in Vero Beach, FL and zip code 32963 in the John's Island neighborhood. This 5,224 square foot home, which was built in 2023, sits on a 0.69 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $9,995,000.

Over 25 listings were sold over their listed price in March 2025 in Vero Beach, FL. In the same period over 200 listings were sold below the listed price and 47 listings were sold for the listed price. The inventory of homes for sale in Vero Beach, FL between February and March 2025 increased by 8.5%. Listings spent 103 days on the market in March 2025, and had a median list price of $412,737 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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