FLORIDA PROPERTY FOR SALE
Distressed Sales - Vero Beach
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PROPERTIES IN VERO BEACH, FLORIDA

Vero Beach is where the tropics begin in Florida. There are 26 miles of pristine uncrowded beaches to enjoy the ocean. Money Magazine voted Vero Beach as one of the top 10 places to live in the United States and Vero Beach was also rated the "Best Small Town in Florida" and "12th in the Nation" plus was named one of "The 100 Best Art Towns in America". It is low density living because no structures taller than 35 feet are permitted. Offshore the Gulf Stream ensures the daytime temperatures in Vero Beach seldom drop below 70 degrees. Living is easy in communities designed to fit every lifestyle from comfortably affordable to luxury estates. Strict building codes, a watchdog government, and an exceptionally high rate of charitable contributions and individual volunteerism contributes to the peaceful and idyllic lifestyle found in Vero Beach, Sebastian and Indian River County.

Vero Beach's active arts community boasts The Vero Beach Museum of Art: a world class accredited teaching facility that features art exhibits, a sculpture garden, studio art and humanities classes, exhibition tours, performances, film studies, art research library, workshops, seminars and youth events. Golf is also very popular in Vero Beach. There are seven private clubs and a municipal course operated by Indian River County which provide a wide range of challenges. Vero Beach also has many fine dining restaurants that feature many cuisines. So if you enjoy casual elegance, uncrowded beaches, a tropical climate, an incomparable quality of life and many outdoor activities, Vero Beach, Florida is the place for you.

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MILLSTONE LANDING - THE DEVELOPMENT

Millstone Landing represents Shelby Homes' latest masterpiece of design - 613 family homes and a decked-out clubhouse nestled among lakes and a nature preserve in the new Vero Beach. Millstone Landing home designs are divided into the Woodlands Collection and the Tiffany Collection, each showcased within separate intimate enclaves throughout the site and worthy of the affluent, yet at affordable prices. Both collections are equipped with the finest of finishes that bring elegance to a home while allowing ease of care for those "on the go". Whilst all of the homes have already been recently completed, the tennis courts and clubhouse will not be completed until the end of November, however, transfer of title of these properties will be during this period so everything will be ready prior to you or your tenants moving in.

FEATURES: Community Clubhouse Fitness Centre 2 tennis courts Basketball court Library/technology centre Tropical-style pool with sundeck and shaded areas Maintained lawns Gated entry with remote control for residents waterways Centrally monitored alarm system Schools, shopping and dining in the immediate area Fishing, golfing and world-class entertainment nearby Please send me more details about Millstone Landing

MILLSTONE LANDING - THE PROPERTIES

There are 6 different type of property available ranging from the 3 bedroom, 2 bathroom single level Cypress model, to the 4 bedroom, 3 bathroom two storey evergreen model.

Luxury Appointments Within Your New Home

• Monitored alarm system with contacts at all operable windows and doors
  
• 18"x 18"ceramic tile floors in the foyer, kitchen, breakfast area and laundry room in many designer selections
  
• Durable nylon carpeting and textured ceilings throughout
  
• High efficiency central air conditioning and energy efficient R-30 blown ceiling insulation
  
• Textured walls throughout (except baths) and coffered ceiling in the master bedroom
  
• 50-Gallon (one-storey homes) and 65-gallon (two-storey homes) hot water heaters with quick refill cycle
  
• Recessed lights placed efficiently throughout
  
• Smoke detectors and electric door chime
  
• 8' sliding glass doors and 8' Colonist interior style doors
  
• Colonist style door trim and 5 1/4 marble window sills throughout home, gray/white
  
• Spacious linen closets and ventilated closet shelving
  
• Air conditioned walk-in closets, baths, and laundry rooms
  
• Rocker style electrical switches and pre-wired for ceiling fans in family room and all bedrooms
  
• Phone line pre-wired in kitchen and all bedrooms
  
• Extra large capacity washer and 5.4 large capacity dryer in laundry area

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Exterior Features

• Architecturally designed exteriors with a choice of three elevations per plan
  
• Variety of coordinated exterior color palettes from which to choose
  
• Concrete paved driveway, walkway, front entry and patio
  
• Steel Panel shutters on all exterior windows and applicable doors to meet current building code requirements
  
• Concrete block with reinforced columns and sSteel reinforced foundations
  
• Covered entries with 8' raised paneled entry doors, covered rear patio and front covered porc
  
• Automatic sprinkler system with timer and thoughtfully designed landscaping package
  
• 2 and 3 car garages, garage door opener(s), each with two remotes
  
• White aluminum window frames and screening and factory tinted window glass
  
• Decorative coach lights on garage and vented stucco soffits
  
• Weatherproof GFI electrical outlets placed around exterior with street lights throughout community
  
• Termite treated foundation and connections for water around the exterior
  
• 10 Year Structural Warranty Program

Magnificent Kitchens

• Spacious separate breakfast areas plus pantry
  
• European style raised panel foil door cabinetry with 42" upper cabinets in a variety of styles
  
• Luxurious natural granite countertops with fully tiled backsplash
  
• 1/3-2/3 white undermount Lakefield sink with MoenOne Touch faucet
  
• Full Kitchen Appliance Package in choice of black, white or biscuit
  
• 22 cu. ft. side-by-side refrigerator with ice and water dispenser in the door
  
• 5-cycle dishwasher with potscrubber cycle and 30" range with ceramic cooktop
  
• Microwave above cooking range and garbage disposal

Inside Your Bathrooms

• Cultured marble soaker tub in master bath
  
• 36"vanities in master bath with raised panel foil cabinetry and cultured marble tops
  
• Elongated commodes and ceramic tile in master baths in bone or white
  
• Clear glass enclosed shower in master and decorative glass block detailing
  
• Ceramic tile in secondary baths and Moen faucets with 8" spread in master bath
  
• Bathroom mirrors, medicine cabinet and cultured marble countertops with integrated sinks in secondary bath
  

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MILLSTONE LANDING - FINANCING YOUR PURCHASE

Millstone Landing has already been valued by an AAA rated US Bank who are providing all of the mortgages. The typical rate achievable for this investment is 6.25% for 15 or 30 years. This is an interest only mortgage with no redemption penalties. As the promoter is paying the 30% deposit on your property, and 70% mortgages are being offered, you are effectively buying this investment with a 100% mortgage. The promoter is also paying all closing costs, so the given deposit is all you will have to pay.

An internationally recognized property management company has been approached to rent these properties on a long-let basis and they have agreed to do so. The company see no problem filling the remaining units with tenants due to the prestige of the area and the huge demand for rented accommodation. A conservative estimate of $1,700 to $3,000 per month rent will be achieved with costs of 10% to 12% per month going to the management company. Please contact us for a detailed cost breakdown / analysis for each property type.

Prices from $217,000 (£136,000) with cash outlay from as little as $11,000 (£6,875)

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