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51 Royal Palm Point

Vero Beach, FL 32960
  • $5,000,000
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: 251910
UPDATED: 13 min ago
$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. Dock improvements underway. 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 Team Provancher | EXP Realty LLC. Data last updated: 2022-05-21T17:37:45.513.
www.buyandsellvero.com/homes/125809225
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51 Royal Palm Point Vero Beach, FL 32960

  • Price: $5,000,000
  • Status: Active
  • On Site: 95 Days
  • Updated: 13 min ago
  • MLS #: 251910
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. Dock improvements underway. 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 191673 Insurance Expense 14000 Lot Size Dimensions 100X125 Maintenance Expense 0 Net Operating Income 165042 New Construction YN No Property Sub Type Retail Restrictions Sewer Public Sewer Water Source Public Zoning Zoning Description Mixed Use

Listing courtesy of Premier Estate Properties.


© 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 Team Provancher | EXP Realty LLC. Data last updated: 2022-05-21T17:37:45.513.
 
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Team Provancher | EXP Realty LLC
333 17th Street Suite F
Vero Beach FL, 32960