Rare canal-front mixed-use investment on Royal Palm Pointe

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Commercial For Sale

23 Royal Palm Point

Vero Beach, Florida 32960

Indian River County

Waterfront: Yes

Community: Vero Isles

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$2,790,000 0 br, 0.0 bath 0 sq. ft. 0.290 acres

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.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 1970
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Central
  • Garage: 
Exterior:
  • Lot Size: 0.290 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Block, Concrete
  • Roof: Rolled Hot Mop
  • MLS #: 290731
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Contact Information:
Beach Commercial For Sale in Vero Beach, Florida
Listing Agent: T.P. Kennedy, Alex MacWilliam, Inc. Real Estate, 772-473-2521, 772-231-6509 Listing Site, Listing Status: Active
Copyright © 2025 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6578538
Viewed 53 times.
Updated: Sep 02, 2025

This property is a Commercial located at 23 Royal Palm Point, Vero Beach, Florida 32960, and is currently For Sale at $2,790,000. This Commercial has 0 bedrooms, 0.0 baths, 0 sq ft.