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51 Royal Palm Point

Vero Beach, FL 32960
  • $5,000,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 257809
$5,000,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Description

Fantastic opportunity to acquire a unique riverfront property with 5 commercial units, 5 residential units, and 4 separately-rented boat slips. Centrally located on Royal Palm Pointe between the Barber Bridge and Miracle Mile shopping. Walk to nearby restaurants, bars, wine shop, yoga studio, and riverfront park. Fully occupied.

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© 2022 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dale Sorensen Real Estate. Data last updated: 2022-08-16T23:37:30.137.
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51 Royal Palm Point Vero Beach, FL 32960

  • Price: $5,000,000
  • Status: Active
  • On Site: 48 Days
  • MLS #: 257809
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1962
Built
Neighborhood:
Royal Palm Pointe
County:
Indian River
Area:
City Vero Beach
Property Description
Fantastic opportunity to acquire a unique riverfront property with 5 commercial units, 5 residential units, and 4 separately-rented boat slips. Centrally located on Royal Palm Pointe between the Barber Bridge and Miracle Mile shopping. Walk to nearby restaurants, bars, wine shop, yoga studio, and riverfront park. Fully occupied.
Exterior Features

Construction Materials BlockConcrete Levels Two Lot Features 1/4 To 1/2 Acre Lot Road Frontage Type City Street Roof Metal

Interior Features

Building Area Total 6120 Cooling Electric Cooling YN Yes Flooring Terrazzo Heating Heat Pump Heating YN Yes

Property Features

Current Use Retail Gross Income 198453 Insurance Expense 14000 Lot Size Dimensions 100X125 Maintenance Expense 0 Net Operating Income 171822 New Construction YN No Property Sub Type Retail Restrictions Sewer Public Sewer Water Source Public Zoning Zoning Description Mixed Use

Listing courtesy of One Sotheby's Int'l Realty.


© 2022 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dale Sorensen Real Estate. Data last updated: 2022-08-16T23:37:30.137.
 
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Dale Sorensen Real Estate
1013 US Hwy 1
Sebastian FL, 32958