The 2025 DE|KF Wealth Report

Introducing the 19th edition of the Douglas Elliman | Knight Frank Wealth Report: your global guide to prime property and investment. 

In this year’s report, we explore the evolving landscape of wealth creation, distribution, and global movement, examining the influence of private capital on residential and commercial property markets, highlighting shifts in prices and demand, and identifying opportunities across commercial, residential, and ESG-themed properties.

Download the report and explore the latest insights at elliman.com/wealthreport.

ACTIVE LISTINGS

200 Indian Harbor

John's Island

List Price: $11,900,000

4 BED | 6.1 BATH | 5,887 ± SF

120 Coconut Palm Rd

John's Island

List Price: $9,995,000

5 BED | 5.1 BATH | 5,224 ± SF

190 Oleander Way

John's Island

List Price: $5,995,000

3 BED | 3.1 BATH | 4,173 ± SF

201 Sundial Court

John's Island

List Price: $5,800,000

4 BED | 3 BATH | 4,597 ± SF

950 Surfsedge Drive, #302

Central Beach

List Price: $4,625,000

3 BED | 3 BATH | 1 HALF-BATH | 2,802 ± SF

700 Beach Road 250

John's Island

List Price: $3,575,000

3 BED | 2 BATH | 1,840 ± SF

1458 River Club Drive

River Club

List Price: $3,295,000

3 BED | 3 BATH | 3,569 ± SF

750 Beach Road #102

John's Island​

List Price: $2,250,000

2 BED | 2 BATH | 1,500 ± SF

40 White Orchid Way

Palm Island

List Price: $1,995,000

3 BED | 3 BATH | 2,647 ± SF

1507 Ocean Drive #5

Central Beach

List Price: $1,495,000

3 BED | 3 BATH | 2,356 ± SF

18 Tarpon Dr

Vero Beach

List Price: $1,475,000

2 BED | 2.1 BATH | 2,856 ± SF

400 Beach Road #246

John's Island

List Price: $1,095,000

1 BED | 1 BATH | 590 ± SF

4800 Bethel Creek Drive, 7S

Vero Beach

List Price: $1,050,000

2 BED | 2 BATH | 2,097 ± SF

386 Fiddlewood Road

Central Beach

List Price: $900,000

2 BED | 2 BATH | 1,682 ± SF

4701 Bethel Creek Drive, Lot

Vero Beach

List Price: $750,000

.23 Acres | Lot

UNDER CONTRACT

287 Island Creek Drive

John's Island

List Price: $8,890,000

4 BED | 4 BATH | 5,121 ± SF

140 Island Creek Drive

John's Island

List Price: $6,900,000

4 BED | 5 BATH | 4,483 ± SF

251 John’s Island Drive

John's Island

List Price: $4,980,000

2 BED | 2.5 BATH | 2,584 ± SF

1010 Easter Lily Lane Unit #108

Central Beach

List Price: $3,950,000

3 BED | 5 BATH | 3,666 ± SF

600 Beach Road #232

John’s Island

List Price: $1,980,000

2 BED | 2 BATH | 1,402 ± SF

70 White Orchid Way

Palm Island

List Price: $1,595,000

3 BED | 3 BATH | 2,504 ± SF

SOLD

520 Coconut Palm Road

Indian River Shores

List Price: $15,900,000

5 BED | 6.1 BATH | 8,722 ± SF

791 Shady Lake Ln

John's Island

List Price: $8,950,000

4 BED | 5.2 BATH | 5,199 ± SF

80 Stingaree Point

Indian River Shores

80 Stingaree Aerial Photo

List Price: $8,000,000

5 BED | 7.5 BATH | 7,121 ± SF

420 Sabal Palm

John's Island

List Price: $7,650,000

5 BED | 7 BATH | 6,797 ± SF

370 Indian Harbor Road

John's Island​

List Price: $7,500,000

4 BED | 4.1 BATH | 5,211 ± SF

430 Sabal Palm Lane

John's Island​

List Price: $5,300,000

4 BED | 4.1 BATH | 3,499 ± SF

621 Indian Harbor Road

John's Island

List Price: $4,980,000

4 BED | 4 BATH | 3,321 ± SF

800 Beach Road #372

Indian River Shores

List Price: $4,882,500

3 BED | 3.1 BATH | 2,487 ± SF

750 Beach Road #306

John's Island

List Price: $3,580,000

3 Bed | 2 Bath | 1,725 ± SF

450 Beach Road #323

John's Island

List Price: $2,950,000

2 BED | 2.5 BATH | 1,488 ± SF

233 Silver Moss Dr.

Indian River Shores

List Price: $2,850,000

2 BED | 2 BATH | 1,895 ± SF

917 Holoma Drive

Indian River Shores

List Price: $2,599,000

5 BED | 4.1 BATH | 4,135 ± SF

431 Silver Moss Drive #103

Indian River Shores

front of 431 Silver Moss Drive

List Price: $1,280,000

2 BED | 2.1 BATH | 1,300 ± SF

400 Beach Road #117

John's Island

List Price: $575,000

1 BED | 1 BATH | 590 ± SF

There are many seasonal rentals in John’s Island and Vero Beach. Stay warm this winter and call me to find your new home.

JOHN'S ISLAND END-OF-YEAR 2024
MARKET REPORT

Knight Frank Client Passport

KNIGHT FRANK
CLIENT PASSPORT

A Letter From the CEO

In 2023, the Vero Beach/John’s Island Market experienced significant growth and success both in value and transaction volume. Douglas Elliman remains the most trusted resource in the real estate industry and an undisputed market leader from Santa Rosa Beach to Miami.
Our achievements are attributed to our robust domestic platform, uniquely positioned global reach through our exclusive partnership with Knight Frank, unrivaled connectivity within high net-worth circles, and the unwavering commitment of our agents to providing an unparalleled experience to our valued clients.

In John’s Island, specifically, we possess the unique capability to harness all the resources 
available within our firm to effectively connect prospective buyers with sellers and leverage national and international channels to ensure the best possible outcomes for our clients. We firmly believe that the true potential value of real estate in John’s Island is yet to be fully realized.

Michael Merrill, a respected John’s Island resident, has played a pivotal role in introducing the power of Douglas Elliman into the market. We wholeheartedly support his tireless efforts in every way and congratulate him on his milestone success in 2023. Michael’s extensive and impressive knowledge, coupled with his 14 years of success in the John’s Island market, make him an invaluable asset to our firm, and to his community on the island.

We are thrilled to announce that Gary Pohrer of The Exclusive Group, one of Douglas Elliman’s top teams nationally, will collaborate with Michael as we continue to expand our presence in the John’s Island market. Gary has numerous family connections throughout John’s Island, an unrivaled global network, extensive luxury real estate experience, and a proven track record making Douglas Elliman, Gary and Michael a formidable choice to help you achieve your real estate goals in 2024.

Jay Phillip Parker

Chief Executive Officer of Brokerage, Florida Region

Douglas Elliman Logo

Get in Touch

Michael Merrill Tagline
Home Icon

SEARCH PROPERTIES

Instagram Icon

FOLLOW ON INSTAGRAM

Facebook Icon

FOLLOW ON FACEBOOK

Michael Merrill Tagline

3001 OCEAN DRIVE, SUITE 106, VERO BEACH, FL, 32963. 772.763.1500. © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.

Stay informed about market trends and opportunities

Subscribe to my email list to stay updated on the latest market trends, property listings and more!