The luxurious oceanfront landscape of Vero Beach is about to welcome a highly anticipated addition. Following a period of pandemic-related supply chain delays, the ultra-luxury Indigo Vero Beach development is officially back on track. Situated on the pristine shores just south of Tracking Station Park, this exclusive gated community has been relaunched with renewed vigor, backed by a powerhouse development and sales team.
Originally launched in 2020, the Indigo project experienced robust initial demand. Buyers were particularly drawn to the expansive, 3,000-plus-square-foot condominium units featuring sweeping terraces overlooking the Atlantic Ocean. To meet this demand, the original site plan was modified to replace three oceanfront villas with a second condominium building. However, as global supply chain issues slowed progress, Realty Capital Partners—a multibillion-dollar real estate investment firm based in Dallas—stepped in to negotiate a takeover, infusing additional capital and bringing in Indianapolis-based WDG Construction Group to accelerate the build.
With new financial backing and a dedicated construction team, Indigo Vero Beach is moving full steam ahead, promising to deliver its highly anticipated luxury ocean-view villas in the coming months and complete the entire development by the end of the year.
For prospective buyers and local real estate aficionados, the property offers a rare combination of modern coastal design and peace of mind. The gated community features brand-new seaside residences that boast luxury finishes and spectacular ocean views, notably without the heavy burden of insurance worries that often accompany older coastal homes. Currently, there are a select number of units still available on the market:
- Ocean-View Villas: Starting at $3 million, these three-story marvels boast nearly 3,000 square feet of air-conditioned living space. Standout features include a first-floor swimming pool and patio, a sprawling second-floor owner’s suite, a chef’s kitchen, an elevator, and a magnificent 26-foot by 22-foot tiled rooftop terrace offering vast ocean views.
- Luxury Condominiums: Ranging in price from $3,495,000 to $5,295,000, the five remaining units in the south tower span between 3,000 and 3,400 square feet. These homes feature 10-foot ceilings, floor-to-ceiling sliding glass walls, private elevator vestibules, premium appliances, and massive wraparound terraces.
The 4-acre parcel of land Indigo occupies is as rich in history as it is in beauty. Local history buffs may recall the site’s mid-century origins as a naval tracking station designed to monitor German submarines during World War II. It subsequently served as an Air Force radar site before being leased to the Florida Institute of Technology in 1980 for use as a globally recognized marine research center. After the lab closed its doors in 2016 and subsequent plans for a county beach park expansion fell through, the property was annexed by the city of Vero Beach in 2019, paving the way for its current residential transformation.
Located just a mile and a half from Vero’s beloved seaside shopping, dining, and cultural district, Indigo represents a premium slice of Treasure Coast real estate. With owners expected to move into the oceanfront villas by mid-May and the sold-out north tower shortly thereafter, the local real estate market is eagerly watching as this historic stretch of Vero Beach coastline begins its luxurious new chapter.
