Community · Vero Beach, FL
Lexington Place Vero Beach, FL Homes For Sale & Real Estate
Lexington Place, Vero Beach, FL, is a community in Indian River County with 1 home for sale right now. Searching Lexington Place? In Vero Beach that is the community listed in the MLS as Lexington Place Subdivision; both names refer to the same neighborhood.
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Market Overview
Lexington Place real estate market
There is 1 home for sale in Lexington Place right now. It is listed at $369,000, about $204 per square foot. With so few homes on the market, these asking prices describe that home rather than Lexington Place as a whole, so recent closed sales are the better guide to value here. These figures update from the MLS as the market moves.
Lexington Place Market Stats
MLS data updated October 11, 2026- Active Listings
- 1
- Median List Price
- $369,000
- Median $/Sq Ft
- $204
- Avg Days on Market
- 125
- Price Range
- $369,000 to $369,000
Frequently Asked Questions
- How many homes are for sale in Lexington Place?
- There is 1 home for sale in Lexington Place right now, and the count updates from the MLS nightly as homes come on the market and go under contract. Inventory this thin means a buyer who wants to live in Lexington Place is usually waiting for the next listing rather than choosing between several, so it pays to be ready before one appears. Ask us to set up a search alert and you will see new Lexington Place listings the day they reach the market.
- What do homes in Lexington Place cost?
- The one home for sale in Lexington Place is listed at $369,000, about $204 per square foot. An asking price is one seller's opinion, and with so few listings it says more about that house than about Lexington Place. Recent closed sales in Lexington Place are the better measure, and we can pull them for a specific home.
About Lexington Place
Lexington Place, Vero Beach, FL, is a community in Indian River County with 1 home for sale right now. Searching Lexington Place? In Vero Beach that is the community listed in the MLS as Lexington Place Subdivision; both names refer to the same neighborhood. Homes here sit in a community in Indian River County, Florida. Active listings run from $369,000 to $490,000, about $195 per square foot, averaging 134 days on market. The homes date to 2012 to 2014. 2 homes are currently for sale. Pure Equity lists homes in Lexington Place and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
Homes & Architecture
Homes for sale in Lexington Place
Homes for sale in Lexington Place offer 3 to 5 bedrooms and 2 to 3 baths. Floor plans span roughly 1,810 to 2,630 square feet. The mix here includes single family homes. The homes on the market were built between 2012 and 2014. The 3 most recent sales in Lexington Place had 3 to 4 bedrooms and 1,846 to 2,072 square feet, which is a fuller picture of the homes here than the current listings alone. Those homes were built between 2006 and 2014.
Map
Where Lexington Place is in Vero Beach
Centred on the homes listed and recently sold in Lexington Place.
Recent Sales
Recently sold homes in Lexington Place
These are the last 3 recorded closings in Lexington Place, with the price each home actually sold for rather than what it was listed at. They closed at a median of $179 per square foot. The most recent closed on May 7, 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.
Sold$330,000
Sold · May 7, 2026
1591 SW Lexington Sq Square SW
4 bed · 2 bath · 1,846 sqft · $179/sqft
$9,900 under the asking price
Sold$315,000
Sold · November 20, 2025
446 Lexington Avenue SW
3 bed · 2 bath · 2,072 sqft · $152/sqft
$13,900 under the asking price
Sold$400,000
Sold · October 6, 2025
1611 Lexington Square SW
4 bed · 2 bath · 1,846 sqft · $217/sqft
$25,000 under the asking price
See every recorded sale in Lexington Place or find out what your Lexington Place home is worth.
Market & Value
Lexington Place market and home values
The Lexington Place real estate market reads best through the community's own recent activity, not a county-wide average. Only one home is for sale in Lexington Place right now, listed at $369,000 or about $204 per square foot, so there is no meaningful asking median to compare with the Indian River County figure. Recorded closings are the better guide, because they show what buyers in Lexington Place actually paid. For pricing an offer or a listing, comparable sales within Lexington Place carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Lexington Place so you work from real numbers, not an estimate.
How It Compares
Lexington Place compared to nearby Vero Beach communities
Lexington Place has only 1 home for sale, so its row reflects that listing rather than a community median. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.
| Community | Homes | Median | $/Sq Ft | Days |
|---|---|---|---|---|
| Indian River Farms Company S/D | 15 | $849,000 | $369 | 95 |
| Vero Lake Estates | 60 | $379,400 | $222 | 149 |
| Lexington Place this page | 1 | $369,000 | $204 | 125 |
| Vero Beach Highlands | 13 | $310,000 | $229 | 107 |
| Vista Royale | 11 | $149,900 | $143 | 33 |
| Vista Royale Phase Iv Bldgs | 24 | $144,850 | $147 | 67 |
| Vista Gardens F/K/A Vista Royale Gardens | 9 | $139,000 | $159 | 76 |
Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.
Who It Suits
Is Lexington Place right for you?
It helps to know who Lexington Place tends to suit before you tour. Lexington Place suits a range of buyers, from first-time owners to move-up families, who want a home in Vero Beach with the everyday conveniences of the area close by. Whether Lexington Place is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Living in Lexington Place
Lexington Place is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Lexington Place location
Lexington Place is located in Vero Beach, part of Indian River County, Florida. The Vero Beach area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.
Buying in Lexington Place
Buying a home in Lexington Place
The buying process in Lexington Place is the one used across Indian River County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Indian River County is about $2,288. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Vero Beach means you see new listings in Lexington Place the day they reach the market.
Selling in Lexington Place
Selling a home in Lexington Place
Selling a home in Lexington Place starts with pricing it correctly for current conditions. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Lexington Place owners in Vero Beach, so you can see what your property could sell for before you commit to listing.
Thinking of Selling?
What is your Lexington Place home worth?
Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Lexington Place.
Listing agents and seller representation in Lexington Place
Thinking about selling in Lexington Place? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in Lexington Place sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices.
Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.
Pure Equity is a licensed Florida brokerage serving Lexington Place. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
More on this: listing agents in Vero Beach · how to choose a listing agent · selling a house with a reverse mortgage
Realtors and real estate agents serving Lexington Place
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in Lexington Place is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
More on this: home value after a renovation: what actually adds · how waterfront homes are valued · when and how to price your home
Buyer's agents in Lexington Place
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in Lexington Place, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Indian River County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
What representation costs
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
More on this: how commission is actually structured · cash offer or financed offer? · when a sale falls through
Buying Instead?
Search Lexington Place with someone local
We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.
Frequently asked questions
How do I find a listing agent in Lexington Place?
Ask any listing agent you interview two questions. Which homes have they closed near Lexington Place, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. Optimistic pricing costs sellers more than almost any other decision. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Indian River County. You can reach the broker directly at (561) 835-5400.
What does a seller's agent actually do?
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
How much does a real estate agent cost in Lexington Place?
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
What is the difference between a realtor, a real estate agent, and a broker?
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Lexington Place, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
Do I need an agent to buy a home in Lexington Place?
You are not legally required to use one, but most buyers in Lexington Place do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Can one agent help me sell my current home and buy the next one?
Yes. For people moving within Indian River County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
Public Records
Look up Lexington Place property records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Indian River County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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