What did 1016 48TH Terrace sell for?

1016 48TH Terrace sold for $595,000 on Sep 25, 2026, about 99.3% of its last asking price of $599,000 and about $294 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the property taxes on 1016 48TH Terrace?

The listing reported annual property taxes of $5,561 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 1016 48TH Terrace built?

1016 48TH Terrace was built in 1978 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 1016 48TH Terrace on the market?

1016 48TH Terrace was on the market for 25 days before it sold, after the asking price was reduced from $625,000 to $599,000.

Is 1016 48TH Terrace waterfront?

Yes. The listing described the water as lake front pond.

Which schools serve 1016 48TH Terrace?

The MLS lists Glendale (elementary), Storm Grove (middle), Vero Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Is 1016 48TH Terrace still for sale?

No. 1016 48TH Terrace sold on Sep 25, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

1016 48TH Terrace, Vero Beach, FL 32966

Sold $595,000 · Sep 25, 2026

Last asking price $599,000 · 99.3% of asking · 25 days on market

Similar Homes for Sale Nearby

1401 W 56th Square, Vero Beach, FL 32966 · $599,000 · 3 bd · 3 ba · 2,808 sq ft
5680 HAMPTON PARK Circle, Vero Beach, FL 32966 · $600,000 · 4 bd · 3 ba · 2,784 sq ft
7855 14TH Lane, Vero Beach, FL 32966 · $550,000 · 3 bd · 2 ba · 2,492 sq ft
5597 HAMPTON PARK Circle, Vero Beach, FL 32966 · $549,443 · 4 bd · 3 ba · 2,791 sq ft

3 beds
2.5 baths
2,023 sq ft
Single Family Residence
Built 1978
Lot 36,154.8 sq ft
3,251 sq ft total
2 garage spaces
Indian River County
MLS# B26055571
Banyan Acres

1016 48TH Terrace, Vero Beach, FL – photo 1

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1016 48TH Terrace, Vero Beach, FL – photo 8

About this home

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.

Features

Built-in Features
Kitchen Island
Walk-In Closet(s)
Pull Down Stairs
Courtyard
Lake Front
Pond
In Ground
Screen Enclosure
Free Form
Private

Schools

Elementary: Glendale
Middle: Storm Grove
High: Vero Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Keller Williams Realty of Vero · TheSouthFloridaBroker@gmail.com · Listing agent: Ashley B Fletcher

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Thinking of Selling Nearby?

1016 48TH Terrace sold on Sep 25, 2026. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home in Vero Beach with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Vero Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 1016 48TH Terrace

What did 1016 48TH Terrace sell for?: 1016 48TH Terrace sold for $595,000 on Sep 25, 2026, about 99.3% of its last asking price of $599,000 and about $294 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 1016 48TH Terrace?: The listing reported annual property taxes of $5,561 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 1016 48TH Terrace built?: 1016 48TH Terrace was built in 1978 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 1016 48TH Terrace on the market?: 1016 48TH Terrace was on the market for 25 days before it sold, after the asking price was reduced from $625,000 to $599,000.
Is 1016 48TH Terrace waterfront?: Yes. The listing described the water as lake front pond.
Which schools serve 1016 48TH Terrace?: The MLS lists Glendale (elementary), Storm Grove (middle), Vero Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 1016 48TH Terrace still for sale?: No. 1016 48TH Terrace sold on Sep 25, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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Nearby Cities

Vero Beach Neighborhoods

Nearby ZIP Codes

A comparable home, 5598 Hampton Park Circle, Vero Beach, FL 32966, sold for $530,000 in October 2026. Vero Beach neighborhoods include Pointe West and Vista Royale. Nearby ZIP codes include 32960 and 32962. This property also neighbors Indian River Shores, St. Lucie Village, and Fellsmere. Compare it with the Vero Beach housing market report.