Homes for sale - 23 Royal Palm PT, Vero Beach, FL 32960

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Zachary Coletti

zac@colettiteam.com +1(772) 874-4400

$2,790,000

Est. payment - /mo

0.29 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Vero Isles

MLS Listing ID 290731

HOA Y/N No

Year Built 1970

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Retail

Property Description

Rare canal-front mixed-use investment on Royal Palm Pointe offering 7,020 SF with stable commercial income and residential upside. The first floor features 3,600 SF of fully leased retail across 3 units with bathrooms, 10' ceilings, back entrances, and well-maintained interiors. The second floor includes three spacious 2BD/2BA apartments with canal views, private laundry, parking, and abundant natural light. Added value includes 6 deep-water slips, on-site laundry for boaters, and 18+ parking spaces. Prime location with cash flow and growth potential makes this property a standout opportunity.

Location

State FL

County Indian River

Area City Vero Beach

Zoning , C-1B

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Fireplace No

Exterior

Exterior Feature Balcony, Storm/Security Shutters

Water Access Desc Public

Roof Type Rolled/Hot Mop

Present Use Retail

Total Parking Spaces 19

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

HOA Name Owner

Tax ID 32403100001001000012.0

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan

Virtual Tour https://vimeo.com/user212201849/review/1115205082/f1aab7cd08

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REALTORS® Association of Indian River County, Inc. (RAIRC)

Listed by Alex MacWilliam, Inc.

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Zachary Coletti

+1(772) 874-4400

Team Leader | License ID: 3336515

Team Leader License ID: 3336515

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23 Royal Palm PT Vero Beach, FL 32960

Zachary Coletti

Key Details

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Interior

Exterior

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