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$615,000 Just Listed
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Property Description
Highly sought after Shadey Oaks, nestled among majestic oaks with a fenced backyard. Boats & RV's are welcome! This home offers the parking space for them. Lush landscape provides privacy. Home sits on a premium oversized lot, enter through the courtyard & double doors and you will find an open yet cozy floor plan. All wood plank look tile floors, carpet in bedrooms, amazing kitchen with granite counter tops, loads of cabinets, a large pantry, French doors lead to screened porch. The bedrooms & living room are a generous size and living area has a wood burning fireplace, 3 yr old 24 Gauge standing seam metal roof, 1 year old septic/drainfield. Seller is including a 1-year home warranty and a inspection report for added peace of mind. Located near the new I95 interchange being built. Shopping and dining around the corner. Short drive to major airports and you can fly several places locally out of Vero Beach Airport. Don't miss out on this one!
Full Property Details
Full Property Details for 1240 40th Ave SW
General
- Price: $615,000
- HOA FEE: $25/month
- Taxes: $3,746 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1073976
- Updated: 4/7/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Breakfast Nook, Ceiling Fan(s), Entrance Foyer, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Front Porch, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, RV Access/Parking
Location
- Area: 904 - Indian River
- County: Indian River
- Subdivision: None
- Driving Directions: I95 Exit 147 head east to 82nd Ave go South to Oslo Road head east to 43rd Ave and head south to small community on the left,
- Direction Faces: West
School Information
- Elementary School: Other
- Middle School: Other
- High School: Other
Community
- Association: Yes
- Assoc. Name: Sahdy Oaks
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
- Water Heater: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Water Connected
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Frame, Stucco
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 2,077
- Living Area: 2,077 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1985
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Dimensions: 122.0 ft x 178.0 ft
- Street/Road Desc.: Asphalt
- Lot Features: Many Trees, Sprinklers In Front, Sprinklers In Rear
- Fencing (Description): Back Yard, Chain Link, Fenced
Financial Considerations
- Price Per Sq. Ft.: $296.1
- Association Fee: Yes
- Association Fee: $25
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,746.16
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 33392700005002000002
Listed by Action Realty LLC
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Schools
Schools serving 1240 40th Ave SW
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Citrus Elementary School, Vero Beach, FL 2771 Citrus Place, Vero Beach, FL 32968 | PK-5 | 2.1 mi |
Oslo Middle School 480 20th Avenue Southwest, Vero Beach, FL 32962 | 6-8 | 1.8 mi |
Vero Beach High School 1707 16th Street, Vero Beach, FL 32960 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1240 40th Ave SW
Date
Details
Price
Change
Source
4/07/2026
Listed
$615,000
82.49%
MLS
8/05/2020
Sold
$337,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1240 40th Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,746
9%
$277,812
3%
2024
$3,427
5%
$269,982
3%
2023
$3,273
3%
$262,119
6%
2021
$3,176
—
$247,072
-3%
2022
$3,187
—
$254,484
2%
2021
$3,176
-19%
$249,361
—
2019
$3,926
8%
$248,232
10%
2018
$3,643
3%
$225,665
-2%
2017
$3,520
14%
$229,626
23%
2016
$3,081
-4%
$186,500
—
2015
$3,212
7%
$186,590
5%
2014
$3,000
4%
$177,520
4%
2013
$2,880
—
$170,170
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1240 40th Ave SW
1240 40th Avenue SW, Vero Beach, FL 32968 (MLS# 1073976) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1240 40th Avenue SW is currently listed for $615,000 and was received on April 07, 2026. Want to learn more about 1240 40th Avenue SW? Do you have questions about finding other Single Family real estate for sale in Vero Beach? You can browse all Vero Beach real estate or contact a Coldwell Banker agent to request more information.

