Vero Beach buyers are finally waking up to the virtues – and value – of Marsh Island, the gated club community with a picturesque harbor that can be seen north of the Wabasso Bridge when crossing from the barrier island to the mainland.
A record-breaking sale closed in December for $3,865,000, a whopping 60 percent higher than any previous sale, and three new homes are underway, in various stages of preconstruction or construction, according to Susan Von Hagen, who has lived in the community for 15 years and is a member of the architectural review committee.
Despite the burst of activity, property remains much more affordable than in similar 32963 waterfront communities, according to ONE Sotheby’s agent Richard Boga, who sold the record-price home with his business partner, Cindy O’Dare…