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Waterfront Freestanding Restaurant
For Lease
$49.92 SF/Yr NNN

30 Royal Palm Pt, Vero Beach, FL 32960

Restaurant premises include a bar, kitchen, outdoor seating potential, and dedicated parking.

Space SizeContact for details
Days on Market20

Property Features for 30 Royal Palm Pt

General Information

Standard status Active
Listing Agency: Dale Sorensen Real Estate Inc.
Listed By: Rita A Curry
Source: Exprealty
Added: Aug 4 Changed: Aug 21 Last Checked: Aug 23 at 5:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dale Sorensen Real Estate Inc.

Investment Insights

Based on property information with market context.

This freestanding restaurant occupies a 4,054-square-foot waterfront building at Royal Palm Pointe in Vero Beach. The interior includes a bar, kitchen, two walk-in coolers, four air-conditioning units, natural gas service, impact windows, and 12-foot-10-inch ceilings. Tables and chairs accommodate approximately 200 diners, with additional seating potential outdoors.

The property includes 37 dedicated parking spaces, along with nearby public parking. Surrounding points of interest include Quail Valley Club & Hotel, a city park with dockage, a marina, residential areas, and shopping. The offering is structured as a triple-net lease, with the tenant responsible for property maintenance.

Key Highlights

  • 4,054‑square‑foot freestanding waterfront restaurant
  • 12‑foot‑10‑inch ceilings with impact windows
  • Tables and chairs for approximately 200 diners

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Storage Facility Electrical Service HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Truist Shops & Services
4,479 visits/mo 0.5 miles

Demographics for 32960, FL

21,522
Population
11,590
Households
1.9
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
1,939
Density / Sq Mi
$52,350
Median Household Income
$30,236
Median Earnings
$1,171
Median Rent
$254,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant premises include a bar, kitchen, outdoor seating potential, and dedicated parking.
Where is this conventional restaurant located?
The property is located at 30 Royal Palm Pt Vero Beach, FL.
What is the lease rate?
The lease rate is $49.92 SF/Yr.
What are key features of this property?
This property features: 4,054‑square‑foot freestanding waterfront restaurant; 12‑foot‑10‑inch ceilings with impact windows; Tables and chairs for approximately 200 diners
More about this property
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