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Vero Beach

Discussion in 'Other Off Topic Forum' started by whart, Jan 26, 2004.

  1. whart

    whart F1 Veteran
    Honorary

    Dec 5, 2001
    6,485
    Grandview NY
    Full Name:
    Herr Prof.
    Tell me about this area, from a real estate investment perspective?
     
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  3. maranelloman

    maranelloman Guest

    Excellent, IMO. My good friend, Brian redman, lives in the area. I have been to visit him several times. Love the area. LOTS of money there, but very sleepy & quiet. The next great development opportunity inFlorida, IMO, but, like all others prior, it will ruin a truly lovely, quiet area.

    Sad, but profitable.
     
  4. From a practical perspective, vacationing in Florida is so 1986. A baller like you need not waste his time in Da Souff and instead hit up more lively locations.

    Il Commenadatore
     
  5. Doug

    Doug Formula 3

    Nov 13, 2003
    1,467
    Louisville KY
    Full Name:
    Doug
    My parents spend the winter there in Orchid Island. Beautiful and quiet. The wife and I go there about 3 times a year to relax and get free babysitting from my parents. Lots of young retirees from the Northeast there (55-68). It seems that the parents of half the people I knew in school are there from Connecticut. A lot of great golf course developments. Growing rapidly but most of the developments are very tasteful. If you want details or insight to certain developments, let me know and I will check with my parents. Check out Orchid, it's very nice.
     
  6. whart

    whart F1 Veteran
    Honorary

    Dec 5, 2001
    6,485
    Grandview NY
    Full Name:
    Herr Prof.
    Il: not thinking of living there, or even going there (other than for due diligence purposes). Objective: to make money from people that do want to go there. Hesitation: i usually go with areas i know. But a buddy is looking into some property there, hence my question. Q'uest que c'est, "da Souff." (And, i assume being a baller is a compliment, so thanks). Doug: thanks. Once i get a little more info, i will PM you.
     
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  8. WILLIAM H

    WILLIAM H Three Time F1 World Champ

    Nov 1, 2003
    34,891
    Victory Circle
    Full Name:
    HUBBSTER
    I have some Uncles who live there, nice beach, sleepy & quiet like Dave said. Sort of a stealth Palm Beach :) I'm sure RE prices are fairly high but not ludicrous like Palm
     
  9. sherpa23

    sherpa23 F1 Veteran
    Silver Subscribed Owner

    May 28, 2003
    9,501
    Colorado
    Full Name:
    Bastuna

    I am in the middle of a land sale with some beachfront property that I have there. It was a good investment for me. The gains in the seven years since I bought the land is over 10 times what my partner and I paid. It is just bare land. Anyways, that's my $.02. PM me if you would like some more info on the land in the area. I own several properties in Florida.
     

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