Why Live in Royal Park
Royal Park, located in Vero Beach, Florida, is a historic neighborhood known for its Mediterranean and Spanish Revival-style homes dating back to the early 20th century. The area features a mix of housing styles, including ranch homes and midcentury architecture, with many properties undergoing renovations due to limited space for new construction. The neighborhood is adjacent to the Vero Beach Country Club, which offers an 18-hole golf course, dining venues, and a resort-style pool. Residents enjoy proximity to the Miracle Mile, a popular stretch for shopping and dining, featuring both chain stores and local businesses like La Beaute' Market and Melody Music. The area is also home to several attractions, including Pocahontas Park, which offers playgrounds, pickleball, and shuffleboard courts. Annual events such as the Under the Oaks Art Show and the Vero Beach Food, Wine and Music Festival draw large crowds and contribute to the vibrant community atmosphere. Royal Park falls under the highly rated Indian River County School District, with Beachland Elementary and Vero Beach High among the notable schools. The neighborhood is considered walkable and bikeable, with major thoroughfares like Route 1 and Interstate 95 providing easy access to surrounding areas. The Cleveland Clinic Indian River Hospital is conveniently located less than a mile away, and the Atlantic Ocean is just 3 miles across the Intracoastal Waterway, offering prime beach access.
Home Trends in Royal Park, FL
On average, homes in Royal Park, Vero Beach sell after 112 days on the market compared to the national average of 51 days. The median sale price for homes in Royal Park, Vero Beach over the last 12 months is $350,000, down 29% from the median home sale price over the previous 12 months.
Median Sale Price
$350,000
Median Single Family Sale Price
$590,000
Median 2 Bedroom Sale Price
$128,500
Median 1 Bedroom Sale Price
$145,000
Average Price Per Sq Ft
$249
Number of Homes for Sale
14
Last 12 months Home Sales
37
Median List Price
$475,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
-29%