WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe $3,250,000

SOLD
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe
  • WATERFRONT - RETAIL CENTER INVESTMENT - FOR SALE - 40 Royal Palm Pointe

Current Price: $3,250,000
New Price:
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Please enter your starting address in the form input below.

Year Built
1960
Name Location Type Distance

40 Royal Palm Pointe, Vero Beach, FL
•Rare opportunity to purchase a waterfront fully leased retail center in the heart of Vero Beach.
•Center includes 8 retail tenants with approximately 8 boat slips located at the rear of the property.
•Walking distance to area restaurants, shopping & park, with only minutes to the beach.
•Owner financing available with large down payment!
•Property: 1.06 Acres, with approximately 423 ft. of frontage on Royal Palm Pointe and133 ft. depth.
•Buildings: 13,840 SF Retail Center with 8 Tenants
•Zoning: C –1B General Commercial Trades & Services
•Year Built: 1960
•R.E. Taxes: $27,784.11 (2015)
•Occupany: 100%
•Cap Rate 6.5%
•NOI: $211,000 (no management fees)

 

SALE PRICE: $3,250,000


Available Date:
7/04/2016
40 Royal Palm Pointe
Vero Beach, Florida 32960
United States
Sale Type: SOLD
Ron Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-538-3930
Year Built
1960
Zoning
C –1B General Commercial Trades & Services
Available Date:
7/04/2016
40 Royal Palm Pointe
Vero Beach, Florida 32960
United States
Sale Type: SOLD
Ron Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-538-3930

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Available Date:
7/04/2016
40 Royal Palm Pointe
Vero Beach, Florida 32960
United States
Sale Type: SOLD
Ron Lambert
Lambert Commercial Real Estate

P: 772-778-2334
M: 772-538-3930
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