23 Royal Palm Point, Vero Beach, FL 32960
- $2,400,000
- Sold Price
- $2,400,000
- List Price
- $2,790,000
- Closing Date
- Feb 27, 2026
- MLS#
- 290731
- Status
- CLOSED
- County
- Indian River
- City
- Vero Beach
- Subdivision
- Vero Isles
- Acres
- 0.29
- Property Subtype
- 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.
Additional Information
- Days on Market
- 167
- Year Built
- 1970
- Stories
- 2
- Cooling
- Central Air
- Heating
- Central
- Exterior Features
- Balcony, Storm/Security Shutters
- Roof
- Rolled/Hot Mop
- Parking Spaces
- 19
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Listing courtesy of Alex MacWilliam, Inc.. Selling Office: Alex MacWilliam, Inc..