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23 Royal Palm Point
Vero Beach FL 32960 US

$2,790,000

Active Listing ID 290731
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Lot: 0.29 Acres
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Retail

$2,790,000

Active Listing ID 290731
Save

23 Royal Palm Point 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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Property Features

  • Facts
  • Lot Size: 0.29 Acres
  • Property Type: Residential
  • Property Sub-type: Retail
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Balcony, StormSecurityShutters
  • Floor Covering: Tile, Vinyl, Carpet
  • Roof Type: Rolled Hot Mop
  • Heating Fuels: Central
  • Additional Features
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Retail
  • listprice: 2790000
  • unparsedaddress: 23 Royal Palm Point
  • postalcity: Vero Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 32960
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.29
  • lotsizeunits: Acres
  • lotsizearea: 0.29
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: T.P. Kennedy
  • listagentemail: TP@TPKennedy.com
  • listagentkey: 3yd-RAIRCFL-KENNEDTP
  • listagentmlsid: KENNEDTP
  • listagentpreferredphone: 7724732521
  • listagentofficephone: 7722316509
  • listofficekey: 3yd-RAIRCFL-0013
  • listagentstatelicense: 3377487
  • listofficemlsid: 0013
  • disclaimer: 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.
  • sourcesystemid: RAIRCFL
  • yearbuilt: 1970
  • listingcontractdate: 2025-08-25
  • listagentfax: 7722348126
  • listagenturl: http://www.alexmacwilliam.com
  • countyorparish: Indian River
  • parcelnumber: 32403100001001000012.0
  • cooling: Central Air
  • constructionmaterials: Block, Concrete
  • flooring: Tile, Vinyl, Carpet
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 19
  • roof: Rolled Hot Mop
  • waterfrontyn: True
  • franchiseaffiliation: None
  • exteriorfeatures: Balcony, StormSecurityShutters
  • securityfeatures: Security
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Alex MacWilliam, Inc. Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"TP@TPKennedy.com", "ListBrokerageCity":"Vero Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"buzz@alexmacwilliam.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RAIRCFL/5b051391f98911e0827000219b9aa4d8/20170302135840202.png", "ListBrokerageName":"Alex MacWilliam, Inc. Real Estate", "ListBrokeragePhone":"(772) 231-6509", "ListBrokeragePostalCode":"32963", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2901 Ocean Dr", "ListBrokerageWebsiteUrl":"http://www.alexmacwilliam.com", "ListOfficeAddress1":"2901 Ocean Dr ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0013", "ListOfficeCity":"Vero Beach", "ListOfficeCountry":"USA", "ListOfficeEmail":"info@AlexMacWilliam.com", "ListOfficePostalCode":"32963", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Vero Beach, FL", "ListingURL":null, "MLSModificationTimestamp":"2025-10-14 16:06:31", "Neighborhoods":[{"Description":null, "Name":"Vero Isles"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"VERO ISLES SUB BLK 1 LOT 12 PBI 3-18", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/14/2025 4:35:51 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: T.P. Kennedy, Alex MacWilliam, Inc., TP@TPKennedy.com

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.