23 Royal Palm Point Vero Beach, FL $ 2,790,000
23 Royal Palm Point
$ 2,790,000
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23 Royal Palm Point

Vero Beach, FL, 32960
$ 2,790,000
Bedrooms-- Baths-- Sq 7,020
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Property for Rent in Vero Beach, FL

for $2,790,000. This 7,020 square foot property was built in 1970 on a lot size of 0.29.

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.

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Rental Active

Price

$ 2,790,000

Taxes

$ 0

Style

Lot Size

0.29

Year Built

1970

Town/City

Vero Beach

County/Region

Indian River

MLS | Web ID

290731

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Rolled/Hot Mop
Construction Materials Block Concrete
Year Built 1970
Stories Count 2
Levels Two
Property Subtype Retail
Parcel Number 32403100001001000012.0
County Indian River
New Construction false
Property Type Commercial Sale
Subdivision Name Vero Isles
Status Active
Directions Turn left off of Indian River Blvd. to Royal Palm Pointe. Building is on the south side approximately 1/4 mile down on the right.
City Vero Beach
Association Name Owner
MLS Area City Vero Beach
Lot Size Units Acres
Standard Status Active
Property Sub Type Additional Industrial Commercial
Legal Description VERO ISLES SUB BLK 1 LOT 12 PBI 3-18
Zoning Description Commercial Mixed Use
Tax Assessed Value 899097
Virtual Tour https://vimeo.com/user212201849/review/1116936873/7b7b07d44a https://vimeo.com/user212201849/review/1116936873/7b7b07d44a
Current Use Retail
Zoning C-1B
Lease Type Gross
Gross Income 0
Net Operating Income 0
Operating Expense 0
Insurance Expense 9500
MaintenanceExpense 0
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Interior
Flooring Carpet Tile Vinyl
Total Stories 2
Heating Y/N true
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Exterior
Exterior Amenities Balcony Storm/Security Shutters
Water Source Public
Waterfront Y/N true
Lot Features 1/4 to 1/2 Acre Lot
Lot Size Area 0.29
Lot Size Acres 0.29
Lot Dimensions 10x125
Building Area Total 7020
Road Frontage Type City Street
Total Parking 19
Frontage Type Waterfront
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* Excluded Features
List By
Alex Macwilliam, Inc.

Broker

772-231-6509

Contact

Nearby
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$2,790,000 Listed Price

Map


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23 Royal Palm Point, Vero Beach, FL, 32960 is a Property for Rent at $2,790,000 with 7,020 sqft and a lot size of 0.29. 23 Royal Palm Point was built in 1970. The property's zip code is 32960 which is in Vero Beach, FL