Vero Beach, FL Homes for Sale

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  /36

  $429,000

  • 2 Beds
  • 2 Baths
  • 1,572 Sq Ft

  5191 Unity Square, Vero Beach, FL 32967

  Welcome to this like-new, beautifully maintained Ellenwood villa. Offering 2 bedrooms, 2 bathrooms, a private office, and a 2-car garage. Built in 2020 with tile roof, concrete block, and impact windows/doors. The interiors are light and bright with plenty of upgrades including an island kitchen, 12x24 tile floors in the living areas, updated lighting, pocket doors, plus views of the lake. This

  Thomas 'TP' Kennedy Alex MacWilliam, Inc.

  5191 Unity Square, Vero Beach, FL 32967
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  /31

  $588,528 New Construction

  • 3 Beds
  • 11 Baths
  • 1,696 Sq Ft

  8436 Pequod Ave Unit CEDAR 123, Vero Beach, FL 32967

  UNDER CONSTRUCTION: Welcome to DiVosta's Signature Coastal Community of Harbor Isle. Open Concept Cedar home with Built In Kitchen and Additional Sliding Glass Doors leading out to the covered lanai with private yard. Inside the home has been adorned with beautiful on-trend finishes sure to delight just about every design taste. Oversized tiles flow seamlessly throughout every room. Take a quick

  David Achee Pulte Realty Inc

  8436 Pequod Ave Unit CEDAR 123, Vero Beach, FL 32967
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  /2

  $25,000

  • Land
  • 0.09 Acre
  • $277,778 per Acre

  Unlisted Address

  Owner is selling his vacant lots. 9 available. No sign on property. Use the map.

  Brenda Tucker Sell Mobile Homes Vero Realty Advisors LLC

  Unlisted Address
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  /36

  $649,000

  • 2 Beds
  • 2 Baths
  • 1,130 Sq Ft

  3939 Ocean Dr Unit 502A, Vero Beach, FL 32963

  Wake up to the sound and direct view of the ocean everyday from this centrally located 2BR/2BA condo in the Racquet Club! Ocean views from the moment you enter, setting the tone for a quintessential FL lifestyle. Accompanied by a large main living and dining area with crown molding. Large balcony with primary bedroom access, perfect for entertaining! Full storm protection and covered parking

  Anthony Vlahovic Engel & Voelkers Vero Beach

  3939 Ocean Dr Unit 502A, Vero Beach, FL 32963
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  /34

  $1,100,000

  • 3 Beds
  • 2.5 Baths
  • 2,684 Sq Ft

  1250 W Southwinds Blvd Unit 210, Vero Beach, FL 32963

  Spacious and private 3 bedroom condo in the resort-like community of Southwinds, a gated oceanfront community within The Moorings. Almost 2,700 SF of living space plus an amazing open air porch and split floor plan awaits. Manicured resort-like grounds with heated freeform pool, lap pool, whirlpool spa & private beach access are just a few amenities awaiting. Also included is under building 2-car

  Erika Ross The Moorings Realty Sales Co.

  1250 W Southwinds Blvd Unit 210, Vero Beach, FL 32963
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  /2

  $1,650,000

  • 3 Beds
  • 3 Baths
  • 1,922 Sq Ft

  141 N Catalina Ct, Vero Beach, FL 32963

  Picturesque pool home in oceanside gated community of Sea forest Ct. Bright and cheerful living room with wood burning fireplace, cathedral ceiling and doors opening to a lovely patio/pool area. Kitchen has a breakfast nook overlooking the patio. Downstairs primary bedroom with walk-in closet and access to pool area. Upstairs two guest bedrooms and a full bath. New roof in 2017, two A/C's

  Elizabeth Sorensen Dale Sorensen Real Estate Inc.

  141 N Catalina Ct, Vero Beach, FL 32963
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  /32

  $279,000

  • 2 Beds
  • 2 Baths
  • 1,173 Sq Ft

  679 5th Ave, Vero Beach, FL 32962

  Backs to Nature Preserve! BEST location at Village Walk South. Newer roof on this renovated 2/2 split BR ranch. A turnkey! All furnishings, light fixtures, linens, beds, appliances & newer washer/dryer included! Newer luxury vinyl plank in living and dining area, with vaulted ceiling and newer skylights. Specialty light fixtures. Newer king size bed in primary suite. A/C & Hot Water heater

  Carolyn Mac Evoy Mac Evoy Real Estate Co

  679 5th Ave, Vero Beach, FL 32962
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  /3

  $48,900

  • Land
  • 0.22 Acre
  • $222,273 per Acre

  8155 99th Ave, Vero Beach, FL 32967

  Build Your Dream Home in Vero Beach ! This spacious vacant quarter acre lot is ready for you to build your custom single-family home in the growing communityof Vero Lake Estates. Enjoy peaceful surroundings, affordable living, and easy access to I 95 and beaches while being close to shopping, dining, parks, and schools. With plenty of new development in the area, this is the perfect

  Giulliana Tello Real Estate Solutions Today

  8155 99th Ave, Vero Beach, FL 32967
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  $2,208,000 New Construction

  • 3 Beds
  • 3.5 Baths
  • 2,990 Sq Ft

  9235 Seaglass Ct, Vero Beach, FL 32963

  The Citron 25 has become one of the most sought-after plans in the Seaglass community. With over 2,900 square feet of finished living space, this home offers an exceptional layout that includes a grand entryway with high ceilings throughout. The main living area features an open design with stacked kitchen cabinets, an oversized center island, and Cafe appliances, which include a natural gas

  GHO Homes Builder

  9235 Seaglass Ct, Vero Beach, FL 32963
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  /36

  $625,000 Open Sat 2PM - 4PM

  • 3 Beds
  • 2.5 Baths
  • 2,210 Sq Ft

  4853 61st Cir, Vero Beach, FL 32967

  This charming farmhouse on a rare 1-acre lot is full of character and warmth. Follow the Chicago brick walkway to a home designed for entertaining, with sprawling front porch, rich bamboo floors, and whitewashed Chicago brick fireplace. The stylish eat-in kitchen has granite counters & SS appliances, but the highlight is the private backyard retreat. Enjoy the sunshelf of the pool & outdoor

  Hunter Isenhour Compass Florida LLC

  4853 61st Cir, Vero Beach, FL 32967
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  /18

  $39,500

  • 2 Beds
  • 2 Baths
  • 1,350 Sq Ft

  7300 20th St Unit 126, Vero Beach, FL 32966

  Great opportunity to buy an updated nicely furnished waterfront home in Village Green Community... This large home has plenty of space to entertain and enjoy your Florida lifestyle. This home has a nice patio outside and a side enclosed porch to enjoy. NEW AC UNIT, sub flooring, laminate flooring, new paint inside & out and newer appliances. The community has 3 swimming pools and clubhouses with

  Brian Schindler Florida Retirement Home Sales

  7300 20th St Unit 126, Vero Beach, FL 32966
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  /20

  $174,900

  • 3 Beds
  • 2 Baths
  • 1,393 Sq Ft

  1405 82nd Ave Unit 192, Vero Beach, FL 32966

  Welcome to Vero Palm Estates a 55+ age-qualified, active and vibrant community, where you can find yourself in your dream home. We have a stunning 2023 nearly-new beautiful Palm Harbor ( Raleigh model) 3 bed, 2 bath home for sale featuring 1393.60 sq ft of beautifully designed living space. Located in Vero Beach, this property offers the perfect blend of modern amenities and timeless charm. Set

  Karen Cummins Vero Palm Estates

  1405 82nd Ave Unit 192, Vero Beach, FL 32966
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  /5

  $325,000

  • 1,243 Sq Ft

  4005 43rd Ave, Vero Beach, FL 32960

  Single-story warehouse/industrial condo layout - ideal for owner-operators needing storage and office space. Roll-up/grade-level door access for loading/unloading. Fully air-conditioned warehouse. Ample parking and easy truck access. Close proximity to the airport.

  Ed Amos Lambert Commercial Real Estate

  4005 43rd Ave, Vero Beach, FL 32960
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  /17

  $143,900

  • 3 Beds
  • 2 Baths
  • 1,352 Sq Ft

  212 Liberty St Unit 100, Vero Beach, FL 32966

  NO RENT UNTIL APRIL 1st, 2026. WELCOME TO HERITAGE PLANTATION A 55+ AGE-QUALIFIED ACTIVE AND VIBRANT COMMUNITY, where you can find yourself in your dream home. We have a beautiful 2023, 3 bed, 2 bath home for sale featuring 1352 sq ft of beautifully designed living space. The Silver Springs is your dream home! Located in lovely Vero Beach, this property offers the perfect blend of modern

  Karen Cummins Heritage Plantation

  212 Liberty St Unit 100, Vero Beach, FL 32966
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  /36

  $367,000

  • 3 Beds
  • 2 Baths
  • 1,682 Sq Ft

  7473 White Oak Ln, Vero Beach, FL 32966

  The Villas at Three Oaks. 3/2/2 CBS Villa. Well maintained 1 story, hurricane impact windows and doors, GHO Construction with many upgrades. Screened patio with preserve views, gated neighborhood, community pool, clubhouse and fitness center. Quiet dead end street.

  Jeffrey Van Dyke Billero & Billero Properties

  7473 White Oak Ln, Vero Beach, FL 32966
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  /28

  $549,495

  • 2 Beds
  • 2 Baths
  • 1,561 Sq Ft

  1365 Haven Cir Unit Contour 77, Vero Beach, FL 32960

  Under Construction: Contour Home with Lake view adorned with stylish designer upgrades including Built in Kitchen and tile flooring throughout. Enjoy being just a quick stroll from the Amenity Center. Estimated February Completion.

  David Achee Pulte Realty, Inc

  1365 Haven Cir Unit Contour 77, Vero Beach, FL 32960
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  /30

  $459,000

  • 2 Beds
  • 2 Baths
  • 1,475 Sq Ft

  2165 Galleon Dr Unit H4, Vero Beach, FL 32963

  MOTIVATED SELLER! Garden views and designer style, located just across the street from the beach! This updated 2 BR/2 BA features vaulted ceilings w/pine T&G detailing, clerestory windows and impact sliders to bring in the natural light. Ready to move in & enjoy, updates include kitchen w/white Shaker-style cabinets & stainless appliances, impact glass throughout, updated bathrooms & spacious

  Daina Bertrand The Moorings Realty Sales Co.

  2165 Galleon Dr Unit H4, Vero Beach, FL 32963
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  /22

  $58,000

  • 2 Beds
  • 2 Baths
  • 1,280 Sq Ft

  7300 20th St Unit 299, Vero Beach, FL 32966

  This lovely home features an open floor plan with abundant natural light, thanks to its many windows. The cozy Florida room offers the perfect spot to relax, while the spacious carport provides ample parking. Nestled in a picturesque community with multiple clubhouses, sparkling pools, and serene ponds, this home is just minutes from shopping, dining, and the ocean. Dont miss this fantastic

  Richard Saldanah Four Star Homes, Inc.

  7300 20th St Unit 299, Vero Beach, FL 32966
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  /37

  $599,000

  • 3 Beds
  • 2 Baths
  • 1,721 Sq Ft

  8566 97th Ave, Vero Beach, FL 32967

  Prepare to be dazzled by this exceptional 2023 custom Craftsman/Contemporary home by Ameron Homes building locally trusted homes since 1981. Designed for those who want to relax, recharge, and truly enjoy Florida living. Set on a generous .28-acre corner lot in a NO HOA environment, this home offers the freedom, space, and privacy you are searching for.Step into your own resort-style,

  Dahlia Gotzmann Atlantic Key Realty Group

  8566 97th Ave, Vero Beach, FL 32967
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  /16

  $650,000

  • Land
  • 0.27 Acre
  • $2,407,407 per Acre

  9250 E Marsh Island Dr, Vero Beach, FL 32963

  Opportunity for custom build in the boating community of Marsh Island! A lush peninsula w native landscaping bw the island & mainland, this gated neighborhood has 32 lots + a private marina w 32 deep water slips, a full-time dock master, & a clubhouse. Enjoy stunning sunrise & sunset views from this riverfront parcel. Mins from Windsor, John’s Island, Disney Resort, Grand Harbor Beach Club, &

  Mazie Regan One Sotheby's Int'l Realty

  9250 E Marsh Island Dr, Vero Beach, FL 32963
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  /2

  Price To Be Determined New Construction

  • 5 Beds
  • 3 Baths
  • 2,601 Sq Ft

  Hayden Plan at Venetian Grove, Vero Beach, FL 32966

  Introducing the Hayden in Vero Beach, Florida – the perfect two-story floorplan that seamlessly combines spaciousness, style, and functionality. This stunning 5-bedroom, 3-bath home—with a versatile flex room—offers 2,601 square feet of thoughtfully designed living space, plus a spacious two-car garage. Mohawk Revwood Select plank flooring in the main living and wet areas adds modern elegance and

  D.R. Horton Builder

  0 98th Ave Unit 37028313, Vero Beach, FL 32966
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  /34

  $785,000 Open Sun 1PM - 3PM

  • 2 Beds
  • 2 Baths
  • 1,779 Sq Ft

  1776 Mooringline Dr Unit 102, Vero Beach, FL 32963

  Seller has Moorings Yacht & Country Club Membership available to Buyer upon approval! Resort lifestyle! Don't wait to start enjoying Beach, river, golf, tennis, fitness & MORE! Direct riverfront 2BR/2BA + Den condo meticulously renovated by IRPM (1 of Vero's premier Builders). Walls of glass provide stunning vantage point to watch ever changing moods of the Indian River lagoon. Guest BR suite has

  Kristin Casalino Dale Sorensen Real Estate Inc.

  1776 Mooringline Dr Unit 102, Vero Beach, FL 32963
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  /27

  $114,000

  • 1 Bed
  • 1.5 Baths
  • 750 Sq Ft

  31 Vista Gardens Trail Unit 205, Vero Beach, FL 32962

  LOWEST PRICED 1/1.5. FULL REMODELED in Vista Gardens, a vibrant 55+ com, this TOP OF THE LINE, offers both luxury & comfort. Every detail has been carefully considered, from the sleek, modern eat in, open kitchen, SS appliances, under lit cabinets, granite countertops & custom cabinetry. This unit is MOVE IN READY. EVERYTHING HAS BEEN UPDATED. 2025 ROOF, 2022 A/C, 2023 HWH, repiped & newer

  Kathleen Powell One Sotheby's Int'l Realty

  31 Vista Gardens Trail Unit 205, Vero Beach, FL 32962
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  /78

  $9,995,000 New Construction

  • 5 Beds
  • 6 Baths
  • 5,187 Sq Ft

  120 Coconut Palm Rd, Vero Beach, FL 32963

  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

  Michael Merrill Douglas Elliman

  120 Coconut Palm Rd, Vero Beach, FL 32963
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  /31

  $799,000

  • 2 Beds
  • 2 Baths
  • 1,112 Sq Ft

  3554 Ocean Dr Unit 204S, Vero Beach, FL 32963

  Master the "lock-and-leave" lifestyle in this sleek 2nd-floor corner oasis on Ocean Drive. Wake up to endless waves, sip your cappuccino on your wrap-around balcony, then mix mojitos at the custom built-in bar. A modern granite kitchen and bright living room offer stunning ocean views, while impact glass ensures total serenity. Ample storage? Yes, walk-in closets and pantry included. Beachfront

  Kathleen Pogany Compass Florida LLC

  3554 Ocean Dr Unit 204S, Vero Beach, FL 32963
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  /101

  $24,995,000

  • 6 Beds
  • 10 Baths
  • 10,463 Sq Ft

  10 Ocean Ln, Vero Beach, FL 32963

  A rare treasure. This beachfront home offers incredible ocean views, beautiful landscaping, a two-level office/library, chef's kitchen, formal and family dining and living rooms, and a dreamy master suite. Significant updates were made in 2023, including a new dune crossover leading you directly from your pool to the beach. This is a host's dream with a kitchen-adjacent serving bar, movie theater

  Tasha Hodge The Keyes Company

  10 Ocean Ln, Vero Beach, FL 32963
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  /12

  $379,900

  • 4 Beds
  • 2 Baths
  • 1,865 Sq Ft

  7976 105th Ave, Vero Beach, FL 32967

  This inviting 4 Bedroom, 2 Baths home, Built in 2024 and located in Vero Lake Estates, is truly a must-see. No HOA! Enjoy the freedom and flexibility that comes with country-style living in Florida. Embrace the tranquility of the area enjoy and the Florida's pleasant weather. The spacious yard is perfect for entertaining guests or relaxing outdoors. Easy access to shopping, restaurants, schools,

  Nancy Acevedo LPT Realty, LLC

  7976 105th Ave, Vero Beach, FL 32967
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  /28

  $241,800

  • 2 Beds
  • 2 Baths
  • 1,188 Sq Ft

  31 Plantation Dr Unit 203, Vero Beach, FL 32966

  Beautifully remodeled turnkey 2nd-floor condo with a beautiful lake view. Features high-end stainless steel appliances, new luxury laminate wood flooring, new bedroom carpet, and a new stackable washer/dryer. Spacious walk-in closets and plenty of storage. Located next to the community’s 2nd heated pool and screened picnic area. Assigned covered parking included. Sold fully furnished with quality

  Ana Lucia Carlson One Sotheby's Int'l Realty

  31 Plantation Dr Unit 203, Vero Beach, FL 32966
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  /21

  $405,000

  • 2 Beds
  • 2 Baths
  • 1,788 Sq Ft

  1635 Willows Square, Vero Beach, FL 32966

  Discover coastal luxury in this partially furnished 2-bedroom, 2-bathroom home with a den--designed with comfort and elegance at every corner. The den offers versatility and can easily be converted into a 3rd bedroom, as seen in other homes within the community.Step inside and enjoy the open floor plan, upscale finishes, and a thoughtfully designed interior that blends style with function. The

  Bella Walpole Keller Williams Realty Jupiter

  1635 Willows Square, Vero Beach, FL 32966
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  /34

  $1,500,000

  • 2,164 Sq Ft

  566-576 Azalea Ln, Vero Beach, FL 32963

  Well built Vintage duplex in SUPERIOR LOCATION beachside. Two 2/1 units,1garage. Rm 16 zoning allows building up with more units or turning them into luxury two story townhomes~possible change to POI zoning. So many uses for this property~live in one side,rent the other~ high season or short term rentals bring Top $$ in Vero Beach.This property is within walking distance of the

  Liz Sherman Liz Sherman Real Estate

  566-576 Azalea Ln, Vero Beach, FL 32963
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  /33

  $830,000

  • 2 Beds
  • 2 Baths
  • 2,032 Sq Ft

  4800 Highway A1a Unit 110, Vero Beach, FL 32963

  Best valued condo w/Panoramic ocean views. Walk directly off your screened patio to the beach, pool, barbecues & private fishing pier from this 1st floor condo. Beautifully designed & updated to enjoy oceanfront living at its best. Features include air purifier in the air handler, white tile throughout, crown molding, lovely wet bar w/wine cooler, modern kitchen with an abundance of cabinetry,

  Matilde Sorensen Dale Sorensen Real Estate Inc.

  4800 Highway A1a Unit 110, Vero Beach, FL 32963
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  $354,985 New Construction

  • 3 Beds
  • 2 Baths
  • 1,504 Sq Ft

  9653 Venetian Square, Vero Beach, FL 32966

  Introducing the Allex floorplan—A Smart, Stylish Retreat for Modern Living—located in the desirable Venetian Grove community of Vero Beach, Florida. This 1,504 sq. ft. home is designed for comfortable modern living, featuring 3 bedrooms, 2 bathrooms, and a convenient 2-car garage. Step inside to discover a spacious living area and a dedicated dining space. The stylish open kitchen is a true

  D.R. Horton Builder

  9653 Venetian Square, Vero Beach, FL 32966
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  /28

  $184,900

  • 2 Beds
  • 2 Baths
  • 1,000 Sq Ft

  2800 Indian River Blvd Unit 10 C, Vero Beach, FL 32960

  Best building in Vista Harbor! Sweeping river views make this corner condo a winner. Many new features like impact windows, bathrooms, carpet, & fresh paint throughout make this easy to move into and decorate the way you want it! The enclosed porch is off the master and you can watch dolphins (& baby) go by with your morning coffee. The community has pool, shuffleboard, & great clubhouse for

  Beth Binkley Real Estate Results

  2800 Indian River Blvd Unit 10 C, Vero Beach, FL 32960
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  /34

  $599,000

  • 4 Beds
  • 3 Baths
  • 2,460 Sq Ft

  6450 35th Ln, Vero Beach, FL 32966

  Quality safe CBS construction in established, gated neighborhood HOA only $182/mo, beautiful cul-de-sac, gorgeous private screened lanai w/the perfect combination of covered & in-the-sun deck space, fantastic salt pool, pool bath, pre-wired for pool heater & generator! Sturdy 2,460 sf on .35 lot w/meticulous maintenance records! Fab features incl 2021 standing seam metal roof, ACs 2024/2018, o/s

  Kelly Fischer EXP Realty, LLC

  6450 35th Ln, Vero Beach, FL 32966
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  /2

  $280,000

  • 3 Beds
  • 2 Baths
  • 1,333 Sq Ft

  1710 29th Ave, Vero Beach, FL 32960

  Very nice 3bd rm, 2bath with laundry rm, living rm, office/den with large yard and great location. Close to dining, schools, shopping and airport. This is a must see.

  Bea Nelson Beneduce Realty Inc

  1710 29th Ave, Vero Beach, FL 32960
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  /8

  $2,995,000 New Construction

  • 4 Beds
  • 4.5 Baths
  • 2,848 Sq Ft

  805 46th Place Unit Villa 10, Vero Beach, FL 32963

  Indigo is Vero’s newest luxury enclave situated on 525’ of pristine Atlantic Ocean. Private haven of detached villas and condominiums built to the highest standards, just minutes from town. These detached villas include a private pool w/ privacy walls, 2 car garage, elevator, and a rooftop terrace w/ amazing ocean views. Gated and private w/ dedicated beach access. Select your finishes.

  Michelle Farr One Sotheby's Int'l Realty

  805 46th Place Unit Villa 10, Vero Beach, FL 32963
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  /21

  $354,500

  • 3 Beds
  • 2 Baths
  • 1,772 Sq Ft

  Unlisted Address

  Welcome to this inviting 3-bedroom, 2-bath home that's perfect for families! The flexible bonus room can serve as a home office, playroom, or guest space—whatever best fits your needs. Nestled on a spacious corner lot, the property features a detached 2-car garage and a handy utility shed for all your tools, toys, and outdoor gear. Enjoy peace of mind with recent updates including a brand-new

  Brian Hamwey LPT Realty, LLC

  Unlisted Address
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  /38

  $169,900

  • 2 Beds
  • 3 Baths
  • 1,460 Sq Ft

  1924 Westminster Cir Unit 4, Vero Beach, FL 32966

  Soaring ceilings in this nicely maintained condo with loft / family room! 2BR/3BA, including full bath in loft! Spacious living / dining rooms with access to screened porch, kitchen. Handy kitchen with space for small table or credenza. Walk-in closets in both bedrooms. Full-sized laundry in unit. Impact windows! Roof - 2018. AC - 2020 . Building re-pipe - 2022. Furnishings available! Attractive

  Cindy Leonard RE/MAX Select Group

  1924 Westminster Cir Unit 4, Vero Beach, FL 32966
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  /36

  $369,000

  • 3 Beds
  • 2 Baths
  • 1,728 Sq Ft

  1655 Willows Square, Vero Beach, FL 32966

  An open floor plan comes to life under tray & volume ceilings, creating a living space that feels both stylish & curated. Whip up dinner on your natural gas stove while friends gather around the oversized granite island. Unwind in your primary suite w/tub built for long soaks & dual vanities that keep mornings drama-free. Enjoy breezy evenings on the screened porch w/wooded backdrop or greet

  Kathleen Pogany Compass Florida LLC

  1655 Willows Square, Vero Beach, FL 32966
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  /36

  $219,900

  • 2 Beds
  • 2 Baths
  • 1,284 Sq Ft

  1915 Westminster Cir Unit 175, Vero Beach, FL 32966

  Originally a 3-bedroom, now a spacious 2-bedroom layout featuring an expansive primary suite. Bright and airy second-floor condo with 1,284 SF, high ceilings, and abundant natural light. Freshly painted and move-in ready with a screened balcony offering lush, serene views. Easily convertible back to a 3-bedroom if desired. 2020 A/C and 2021 appliances. Located in a gated community with

  Vanessa Bynum One Sotheby's Int'l Realty

  1915 Westminster Cir Unit 175, Vero Beach, FL 32966

Showing Results 521 - 560, Page 14 of 18