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Port St. Lucie - Sebastian - Vero Beach St. Lucie, Martin, and Indian River counties (Treasure Coast)
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Old 03-16-2014, 05:55 PM
 
Location: Titusville, FL
3 posts, read 5,575 times
Reputation: 10

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Our son is going to be on the "Treasure Coast" for the last 2 years of medical school. We are thinking of buying a townhouse or single family home in East Lake Village to use as rental property. He and his friends want to be close to U.S. 1 for the convenience of traveling to their various medical rotations. We want to know about the area - resale potential in a few years - safety of this area - and any other suggestions any one wants to share. Thanks so much!
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Old 03-16-2014, 07:18 PM
 
1,381 posts, read 2,308,954 times
Reputation: 890
The area is safe, close to beaches , the Indian River and there's every possible store/resturant a very short distance away .
Why are you buying to rent it ? Will you be renting to your son and friends ? All renters are subject to a background check and need to pay a 500 deposit to the HOA before being approved . The property values in East Lake Village have risen steadily the last few years after a huge drop ... There isn't much for sale in ELV currently and they do tend to sell quickly ...
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