Castaway Cove – Vero Beach Homes For Sale

Castaway Cove is an ocean to river gated community that was developed in 6 “waves” in the South Beach area of Vero Beach. 3 waves lie between A1A and the river. The other three waves lie between the Ocean and A1A. Many of the homes were built in the 1980′s and 1990′s. WIth the newer homes being in the more Northern of the waves. There is a total of about 450 homes in Castaway Cove including direct riverfront properties and oceanfront estates. Castaway Cove is located just South of the 17th Street bridge and the oceanfront beach is an accreting beach, where the sand accumulates.

To View Homes Currently Offered in Castaway Cove, please click on this link:
Castaway Cove Homes For Sale

Contact Harold Scott today at (772) 360-6309 to view any of the homes for sale in Castaway Cove !!

Vero Beach Oceanfront Equestrian Property For Sale

Harold Scott of Dale Sorensen Real Estate in Vero Beach, Florida is offering two distinct oceanfront properties. Both properties are adjacent to one another. The property located at 800 Crescent Beach Road in the South Beach community of the Dunes has 248 +/- feet of direct oceanfront on approximately 2 acres. It also has an existing “as-is” structure which can be utilized as a guest house. 800 Crescent Beach Rd is being offered at $5,000,000. The adjacent property is located at 790 South Highway A1A is a unique property of over 5 acres stretching from A1A to the ocean with 115 feet of direct oceanfront. The four-bedroom home on the property is being sold “as-is”. This property is the only estate on Vero Beach’s barrier island with the potential for Equestrian use. It is being offered at $9,000,000.

 

Contact Harold Scott at (772) 360-6309 for more information.

The Russians Are Coming!! – Russian Billionaire Sets Record Price For Home Purchase

Just last month, Russian billionaire Dmitry Rybolovlev paid 95 million dollars for a Palm Beach, Florida estate owned by Donald Trump. According to a Trump spokeman it was believed to be the highest purchase price for an estate in the US. In today’s news, an unamed Russian billionaire is paying a record sum of 752 million dollars for Cote d’Azur mansion Villa Leopolda, far exceeding the estimated purchase price of 500 million dollars.

Villa Leopolda

Located on Riviera between Nice and Monte Carlo, Villa Leopolda was built in 1902 by the King of Belgium, Leopold II. The seller Mrs. Lily Safra, wife of the deceased Lebanese businessman Edmond Safra, had waited months while the buyer steadily increased their offers.

 

This is just the latest in a series of high-end purchases by the Russian wealthy. Some other purchases include:

$42.5 million – East 64th St town house in New York
$36.0 million – 200 acre ranch in Aspen, Colorado

Russians are accounting for more and more high-end purchases, with some of their favorite destinations being London, the French Riviera, New York, Palm Beach, and Swiss and American ski resorts in Aspen.