Learn About Wave III in Vero Beach 

Wave III in Castaway Cove, Vero Beach, FL is a private, gated coastal enclave offering just 87 single-family homes. Built between 1981 and 1989, these spacious residences span from 2,500 to 3,100 square feet with 3 to 5 bedrooms and an equal number of baths. Located in the sought-after city of Vero Beach, this community features deeded beach access, lush landscaping, and access to amenities like parks and proximity to shopping. It does include a homeowners association (HOA). While there’s no golf course within the community, beach access and proximity to Vero’s top outdoor and retail attractions make it highly desirable. 

Wave III Housing Market 

Homes for sale in Wave III were constructed from 1981 to 1989 and reflect timeless Florida architecture, including open layouts, screened lanais, and large windows to embrace the natural light and sea breeze. Properties in this neighborhood are designed with spaciousness in mind, ranging from 2,500 to 3,100 square feet. Whether you need three or five bedrooms, there’s a home here that offers generous accommodations. 

Each home in Wave III typically includes 3 to 5 bathrooms, which is perfect for families, multi-generational households, or those who love to host. With just 87 residences, real estate turnover is limited—buyers looking to settle in this exclusive area should be ready to act fast when listings appear. Property values reflect the neighborhood’s ocean-access appeal, quality construction, and location within the esteemed Castaway Cove community. 

Things To Experience in the Area 

Wave III residents are within easy reach of some of Vero Beach’s most cherished destinations. Jaycee Park and Riverside Park offer green space, walking trails, and serene water views, all within minutes from home. For beach lovers, the community’s own private beach access ensures morning strolls and ocean swims are part of everyday life. 

Just across the causeway, you’ll find convenient shopping at Treasure Coast Plaza and Indian River Mall. Dining, entertainment, and services are just a short drive away. Families appreciate being zoned for Beachland Elementary, Gifford Middle, and Vero Beach High School—each known for strong community involvement. Healthcare is also nearby, with Cleveland Clinic Indian River Hospital and Vero Beach Veterin 

Wave III FAQs 

1. What’s the square footage of homes in Wave III? 
Homes range from approximately 2,500 to 3,100 square feet, offering plenty of room for families and guests.
2. Does Wave III have beach access? 
Yes! Residents enjoy deeded beach access just a short walk away—perfect for sunrise strolls and weekend relaxation.
3. What schools are nearby? 
The community is zoned for Beachland Elementary, Gifford Middle School, and Vero Beach High School.
4. Is Wave III a gated community? 
Yes, Wave III homes for sale are in a gated subdivision within the Castaway Cove community, offering added security and privacy for res