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For sale
  • $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.
    204 days
    |
    905
    |
    13
    |

    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: Dishwasher, Disposal, Refrigerator, Wine Refrigerator, Double Oven, Microwave, Washer, Dryer
    Features
    • Pantry
    • Flooring: Hardwood, Other
    • 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
    • Parking features: Attached, Garage Door Opener
    • Has attached garage: Yes
    Features
    • Exterior features: Sprinkler System
    • Has private pool: Yes
    • Pool features: Pool, Gas Heat, Pool Size (40x15)
    • Spa features: Spa
    • On waterfront: Yes
    • Waterfront features: Canal
    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
    • Roof: Cement Tile
    Condition
    • Year built: 2023

    Utilities & green energy

    • Water: City Water

    Community & HOA

    Community
    • Security: Gated Community, Security Guard
    • 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 Terms
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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

    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%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $64,480/mo
    Principal & interest
    $49155
    Property taxes
    $11827
    Home insurance
    $3498

      Climate risks

      Neighborhood: 32963

      Nearby schools

      GreatSchools rating

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