However, if the home choice is for personal year-round or seasonal residence, you might prefer one of the many island communities that is more secluded and perhaps gated. Currently, there are deep price reductions in all price ranges in Vero Beach, including single family homes and condos on the island, on a home-by-home basis depending on the seller's motivation level from the numerous multi-million dollar estates to the beach cottages on the market.
Buying a home is part "logic and business" and part "heart and soul," so the value you are seeking will be a complex combination.
As an ABR (Accredited Buyer Representative) and CRS (Certified Residential Specialist) Realtor, I invite you to contact us or another Realtor to assist you in your search for the home that satisfies the complexities of your search criteria.
That said, the lots facing or adjacent to A1A would have the least perceived value, but this highly dependant upon the specific neighborhood's berm -- how deep, how well landscaped, if elevated with embankments etc. And the old adage location, location rings true, as obviously ocean view and oceanfront lots will have the greatest value. Also be on the lookout for consistency of architecture, age and construction type, as some degree of homogenity of homes sustains values vs. a neighborhood with styles all over the ranch and of disparate sizes and ages. Gated communities also tend to hold higher perceived and resale value as well. How important is being E of A1A -- I'd estimate that identical houses East vs. West would have values as much as 80-100K difference, and you guessed it, the East of A1A property would be worth more. Good luck! Sally Daley, Broker, Daley & Company RE