How do I schedule a tour of 1016 48TH Terrace, Vero Beach, FL 32966?

Use the Tour button on this listing to request a showing of 1016 48TH Terrace, Vero Beach, FL 32966. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 1016 48TH Terrace, Vero Beach, FL 32966 still available?

1016 48TH Terrace, Vero Beach, FL 32966 is currently listed as Sold, and has been on the market 25 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 1016 48TH Terrace, Vero Beach, FL 32966?

With 20% down ($119,800) on the $599,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1016 48TH Terrace, Vero Beach, FL 32966 is about $3,148/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 1016 48TH Terrace, Vero Beach, FL 32966?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1016 48TH Terrace, Vero Beach, FL 32966. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

What schools serve 1016 48TH Terrace, Vero Beach, FL 32966?

1016 48TH Terrace, Vero Beach, FL 32966 is zoned for Glendale (elementary), Storm Grove (middle), Vero Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 1016 48TH Terrace, Vero Beach, FL 32966?

Often, yes. The right offer on 1016 48TH Terrace, Vero Beach, FL 32966 depends on how it's priced against comparable single family sales in Vero Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Sold

25 Days on Market

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$595,000

Sold · September 25, 2026

1016 48TH Terrace

Vero Beach, FL 32966

BANYAN ACRES

Explore the area: Vero Beach homes for sale · Indian River County real estate

Sale Summary

What this home sold for

Sold price: $595,000
Vs. list price: 0.7% under
Days on market: 25
Price per sq ft: $294

This 3-bedroom single-family home in ZIP 32966 sold for $595,000 on September 25, 2026. That was 0.7% below its final list price of $599,000. It first came on the market at $625,000, so the price was adjusted before it sold. It spent 25 days on the market. At $294 per square foot, it closed 40.7% above the $209 median of the 6 other single-family home sales in the recent closings shown below.

Bedrooms

Bathrooms

2,023

Living Sq Ft

1978

Year Built

Listing Snapshot

Sold Price: $595,000
Sold On: September 25, 2026
Days on Site: 25 Days
Bedrooms: 3
Total Baths: 3
Full Baths: 2
Partial Baths: 1
Living Area: 2,023 sqft
Total Sq Ft: 3,251 sqft
Lot Size: 0.83 Acres
Year Built: 1978
Property Type: Single Family
MLS #: B26055571
Property Tax: $5,561 (2025)
Subdivision: BANYAN ACRES
Development: Banyan Acres
County: Indian River
Status: Sold
Special Conditions: Standard

About This Property

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.

MLS media link

General Features

Property Type: Single Family
Status: Sold
Year Built: 1978
Property Condition: Resale
Number of Stories: 1
Levels: One
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached / Circular Driveway / Concrete / Driveway / Garage / Garage Door Opener
Direction Faces: South
Lot Size (Acres): 0.83
Living Sq Ft: 2,023
Total Sq Ft: 3,251
Structure Type: House
Sewer: Septic Tank
Water Source: Public
Zoning: RS-3

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Water Heater / Washer
Cooling: Central Air / Ceiling Fans / Electric
Heating: Central / Electric
Flooring: Carpet / Laminate / Tile
Spa: Yes
Spa Features: Above Ground / Heated
Interior Features: Attic / Built In Features / Kitchen Island / Living Dining Room / Other / Pull Down Attic Stairs / Walk In Closets
Laundry: In Garage / Laundry Tub / Sink
Main Level Bedrooms: 3
Main Level Baths: 3
Furnished: Unfurnished

Exterior Features

Construction: Frame
Roof: Metal
Exterior Features: Courtyard / Outdoor Living Area / Porch
Architectural Style: Ranch
Private Pool: Yes
Pool Features: Free Form / In Ground / Other / Private / Screen Enclosure
Patio & Porch: Covered / Patio / Porch / Screened
Lot Features: Cul De Sac / None / Oversized Lot
Waterfront: Yes
Waterfront Features: Lake Front / Pond
View: Lake / Pond / Pool / Water

Community & HOA

Utilities: Electricity Connected / Underground Utilities / Water Connected
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional / FHA
Restrictions: No Restrictions / Ok To Lease
MLS Area: 6342 - County Southwest (IR)

Schools

Elementary School: Glendale
Middle School: Storm Grove
High School: Vero Beach

About the Community

Banyan Acres

View Community Details →

Homes for Sale: 0

Frequently Asked Questions

How do I schedule a tour of 1016 48TH Terrace, Vero Beach, FL 32966?: Use the Tour button on this listing to request a showing of 1016 48TH Terrace, Vero Beach, FL 32966. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1016 48TH Terrace, Vero Beach, FL 32966 still available?: 1016 48TH Terrace, Vero Beach, FL 32966 is currently listed as Sold, and has been on the market 25 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1016 48TH Terrace, Vero Beach, FL 32966?: With 20% down ($119,800) on the $599,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1016 48TH Terrace, Vero Beach, FL 32966 is about $3,148/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1016 48TH Terrace, Vero Beach, FL 32966?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1016 48TH Terrace, Vero Beach, FL 32966. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1016 48TH Terrace, Vero Beach, FL 32966?: 1016 48TH Terrace, Vero Beach, FL 32966 is zoned for Glendale (elementary), Storm Grove (middle), Vero Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1016 48TH Terrace, Vero Beach, FL 32966?: Often, yes. The right offer on 1016 48TH Terrace, Vero Beach, FL 32966 depends on how it's priced against comparable single family sales in Vero Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Keller Williams Realty of Vero

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 24, 2026.

$595,000

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Listed by Ashley B Fletcher, Keller Williams Realty of Vero

Map & Location

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Cities in Indian River County

Vero Beach Homes for Sale$400,000 Sebastian Homes for Sale$381,450 Fellsmere Homes for Sale$835,000

Zip Codes in Indian River County

32967 Homes for Sale$445,400 32962 Homes for Sale$259,000 32966 Homes for Sale$384,900 32958 Homes for Sale$380,000 32963 Homes for Sale$899,000 32960 Homes for Sale$325,000 32968 Homes for Sale$499,700 32948 Homes for Sale$835,000 32976 Homes for Sale$239,900

Property Types

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Recently sold homes in ZIP 32966

These are the last 6 recorded closings in ZIP 32966, with the price each home actually sold for rather than what it was listed at. They closed at a median of $212 per square foot. The most recent closed on October 14, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.