23 Royal Palm Pointe, Vero Beach, Florida

23 Royal Palm Pointe Vero Beach, Florida

EXCEPTIONAL WATERFRONT COMMERCIAL PROPERTY

Exceptional commercial property located on the waterfront of Royal Palm Pointe. An unparalleled opportunity to own a premium piece of real estate with 5 commercial spaces (currently operating as 3 established businesses), 3 spacious 2 bed/2 bath apartments, & 6 boat slips. An ideal investment offering an unbeatable location.

• 5 COMMERCIAL SPACES • 3 2 BEDROOM APARTMENTS • 6 BOAT SLIPS • 7,020 SF

O’DARE BOGA GROUP Kristin Dobson 772-321-6541 kristin@odareboga.com Richard Boga 772-559-4800 richard@odareboga.com

1401 Highway A1A, Suite 100 Vero Beach, FL 32963

odareboga.com

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Detail Client View MLS #268025

23 Royal Palm Pt, Vero Beach 32960

Recent: Bldg SqFt:

7,020

BusSqft:

$3,495,000

Status:

Active

DOM:

5

CDOM:

5

Subdivision:

Vero Isles

Type:

Commercial/Industrial

Property Use:

Retail

Year Built:

1970

Zoning:

Mixed Use

Zoning Code:

C-1B

#Stories:

2

Real Est Incl:

Yes

04/21/2023 : NEW

Acreage:

0.29

SqFt:

Acre Range:

1/4 to 1/2 Acre

Exceptional commercial property located on the waterfront of Royal Palm Pointe. An unparalleled opportunity to own a premium piece of real estate w/ 5 commercial spaces (currently operating as 3 established businesses), 3 spacious 2 bed/2 bath apartments, & 6 boat slips. An ideal investment offering an unbeatable location. Ample foot traffic and stunning views.

Const Type:

Concrete Block

Roof:

Other

Ceiling Hght: Floors:

Other, Tile

Miscellan:

Bus Name: Ownrshp Type: Bus Feature: Hrs Bus Open: Years Estab: Years Owned: # Employees: Manager: % Ownr Wrks: # Prkng Spcs: Flood Insur:

Lot Size: Road Type:

100X125 Divided Road

Land Desc: Cul-De-Sac Frontage Desc: City Road

Heating:

Central

Air Cond:

Central Unit(S)

#Heat Units: Water:

5

#AC Units: Sewer:

5 City

Lease Type: Leased Sqft: % Leased: Docs Avail:

Aerial Photo(S)

Annual Expenses/Income Total Assessment: $886,981 Personal Prop Tax: $0 Real Estate Taxes: $15,160 Utilities: $0 Repair/Maint Exp: $5,000 Services: $0 Insurance: $11,230 Common Area Maint: 0 Management: $0 Total Expenses: $31,390 Gross Oper Inc: Net Oper Inc:

Directions:

$218,700 $187,310

Indian River Boulevard to Royal Palm Pointe

Monthly Rent: Lease Expires: Renewal Opt:

Annual Assets/Income Accounts Received: Equip/Furn/Fixt: Inventory: Real Estate: Land Holdings: Other Assets: Total Assets: Gross Bus Sales Inc: Gross Bus Profit: Expenses: Net Bus Income: Expenses Include Depreciation: Fringe Benefits: Owner Salary: