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New construction
    • $9,995,000

    120 Coconut Palm Rd, Vero Beach, FL 32963

    5beds
    5,187sqft
    : 
    Single Family Residence, Residential
    Built in 2023
    0.6 Acres Lot
    $-- Zestimate®
    $1,927/sqft
    $-- HOA

    What's special

    Private dockNative wildlifeCovered lanaiThree-bay garageOutdoor kitchenDramatic ceiling detailsLush mangroves
    John's Island, Vero Beach: Brand new and impeccably crafted, this 2024-built estate spans 7,773 total SF on a .69- acre corner lot with 143' of waterfrontage. Designed by Gregory Anderson and built by Water's Edge Estates, it features dramatic ceiling details, a three-bay garage, resort- style pool/spa, guest balconies, outdoor kitchen, and a covered lanai. Enjoy absolute privacy with lush mangroves, native wildlife, and your own private dock. A rare waterfront retreat in the heart of Johns Island.
    242 days
    |
    818
    |
    15
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 16, 2025 at 05:00am

    Listed by:

    MICHAEL MERRILL, LLC 561-427-3958,

    Douglas Elliman

    Source: Palm Beach BOR,MLS#: 25-1089

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Bedroom 2
      • Level: First
      • Area: 280
      • Dimensions: 20 x 14
      Bedroom 3
      • Level: First
      • Area: 225
      • Dimensions: 15 x 15
      Bedroom 4
      • Level: First
      • Area: 192
      • Dimensions: 16 x 12
      Bedroom 5
      • Level: First
      • Area: 144
      • Dimensions: 12 x 12
      Primary bathroom
      • Level: First
      • Area: 360
      • Dimensions: 20 x 18
      Den
      • Level: First
      • Area: 110
      • Dimensions: 10 x 11
      Family room
      • Level: First
      • Area: 609
      • Dimensions: 29 x 21
      Great room
      • Level: First
      • Area: 740
      • Dimensions: 20 x 37
      Kitchen
      • Level: First
      • Area: 231
      • Dimensions: 11 x 21
      Living room
      • Level: First
      • Area: 378
      • Dimensions: 18 x 21
      Loft
      • Level: Second
      • Area: 143
      • Dimensions: 13 x 11
      Heating
      • Zoned
      Cooling
      • Zoned
      Appliances
      • Included: Refrigerator, Dishwasher, Microwave, Disposal, Washer, Dryer, Wine Refrigerator, Double Oven
      Features
      • Central Vacuum, Ceiling Fan(s), Pantry
      • Flooring: Hardwood, Stone, Other, Brick
      • Doors: Impact Doors
      • Windows: Impact Glass-Full, Impact Windows
      • Has fireplace: Yes
      • Fireplace features: Fireplace
      Interior area
      • Total structure area: 7,568
      • Total interior livable area: 5,187 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Garage Door Opener
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Patio & porch: Patio
      • Exterior features: Sprinkler System
      • Has private pool: Yes
      • Pool features: Gas Heat, Pool Size (40x15)
      • Has spa: Yes
      • Spa features: Spa
      • On waterfront: Yes
      • Waterfront features: Canal Front
      Lot
      • Size: 0.6 Acres
      • Dimensions: 133
      • Features: 1/2 Acre to 1 Acre, Corner Lot
      Details
      • Parcel number: 32391300002000000002.0
      • Zoning: 0100 - 0100 Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Block, Stucco
      • Roof: Tile
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2023

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s), Security Guard, Gated Community
      • Subdivision: Johns Island
      Location
      • Region: Vero Beach

      Financial & listing details

      • Price per square foot: $1,927/sqft
      • Tax assessed value: $7,102,828
      • Annual tax amount: $76,263
      • Date on market: 7/24/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        1/17/2026Pending sale$9,995,000$1,927/sqft
        Source: Douglas Elliman #287453 Report a problem
        1/17/2026Contingent$9,995,000$1,927/sqft
        Source: Realtor Association of Indian River County #287453 Report a problem
        1/14/2026Listed for sale$9,995,000$1,927/sqft
        Source: Realtor Association of Indian River County #287453 Report a problem
        1/12/2026Pending sale$9,995,000$1,927/sqft
        Source: Douglas Elliman #287453 Report a problem
        1/12/2026Contingent$9,995,000$1,927/sqft
        Source: Realtor Association of Indian River County #287453 Report a problem
        4/21/2025Listed for sale$9,995,000+2251.8%$1,927/sqft
        Source: Realtor Association of Indian River County #287453 Report a problem
        7/1/1998Sold$425,000$82/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$76,263 +530.7%$7,102,828 +484.5%
        2023$12,092 +22.3%$1,215,265 +34.6%
        2022$9,890 +15.2%$902,893 +30%
        2021$8,588 -1.8%$694,393 +0%
        2020$8,742 $694,257
        2019$8,742 -0.6%$694,257 +0%
        2018$8,796 +15.7%$694,035 +21.2%
        2017$7,602 $572,855 +16.4%
        2016$7,602 +8.6%$492,160
        2015$6,998 -4.7%$492,160 +6.3%
        2014$7,342 $462,990 +3.4%
        2013-- $447,570 +0.7%
        2012$6,592 0%$444,530 -0.1%
        2011$6,593 -21.8%$444,970 -21.8%
        2010$8,427 -2%$568,920 -26.1%
        2009$8,600 -4.2%$769,740 +1.7%
        2008$8,979 -14.5%$757,100 -1.5%
        2007$10,504 $768,540 -12.8%
        2006-- $881,630 +66.9%
        2005-- $528,320
        2004-- $528,320 -8.6%
        2003-- $578,320 -7.6%
        2002$10,067 +44%$625,690 +45.2%
        2001$6,989 +12%$430,800 +15.9%
        2000$6,240 $371,820

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $60,914/mo
        Principal & interest
        $49087
        Property taxes
        $11827
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          Climate risks

          Neighborhood: 32963

          Getting around

          6 / 100
          Car-Dependent
          29 / 100
          Somewhat Bikeable

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