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For SaleSingle Family Home
$575K
1240 40th Avenue SW, Vero Beach, FL 32968
Subdivision: None
3
Bedrooms
2
Bathrooms
2,077
Sq Ft
1985
Year Built
$277 /sqft

About This Property

Description from listing agent

Highly sought after Shadey Oaks, nestled among majestic oaks with a fenced backyard. Boats & RV's are welcome! This home offers the parking space for them. Lush landscape provides privacy. Home sits on a premium oversized lot, enter through the courtyard & double doors and you will find an open yet cozy floor plan. All wood plank look tile floors, carpet in bedrooms, amazing kitchen with granite counter tops, loads of cabinets, a large pantry, French doors lead to screened porch. The bedrooms & living room are a generous size and living area has a wood burning fireplace, 3 yr old 24 Gauge standing seam metal roof, 1 year old septic/drainfield. Seller is including a 1-year home warranty and a inspection report for added peace of mind. Located near the new I95 interchange being built. Shopping and dining around the corner. Short drive to major airports and you can fly several places locally out of Vero Beach Airport. Don't miss out on this one!

Space Coast Context

🚀 Launch Viewing — Distant

68.4 mi from SLC-40

68.4 miles from SLC-40 — too far for reliable launch viewing.

Aerospace Commute Guide
L3Harris38 mi~1h 25m
Northrop39.7 mi~1h 28m
Blue Origin61.8 mi~2h 18m
Lockheed63.4 mi~2h 21m
SpaceX63.6 mi~2h 22m
Boeing/KSC66.2 mi~2h 28m
KSC67 mi~2h 29m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 4/7/26
    Listed
    $575K
    $277/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.5 acres (21,780 sqft)
Full Baths
2
Total Rooms
8
Garage
2 car (attached)
HOA Fee
$25/mo
Days on Market
144
MLS Area
904 - Indian River

Community & HOA

HOA

Schools

Elementary

Other

Middle School

Other

High School

Other

Financial & Listing Details

Listed
Apr 7, 2026
Parcel #
33392700005002000002.0
$575K

Listing Agent (for property info)

L
Lesa Darnell
Action Realty LLC
772-453-4806
Call Listing Agent

Estimated Monthly Payment

$3,780/mo
Principal & interest
$3,030
Property taxes
$575
Insurance & HOA
$175

Based on a 6.90% rate, 30-year loan, and $575K price — down payment shown: $115,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1073976

What's Nearby

schools
Oslo Middle School
1.8 mi away
schools
Citrus Elementary School
2.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1073976 · Listing Broker: Action Realty LLC · IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.