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1050 Easter Lily Ln - Oceanfront Restaurant for Sale 3,087 SF Office Condo Unit Offered at $5,500,000 in Vero Beach, FL 32963
Investment Highlights
- Direct oceanfront commercial asset positioned in the heart of Vero Beach’s Ocean Drive district.
- Inviting indoor and outdoor bar areas create a seamless guest experience.
- Adjacent to Humiston Park and surrounded by Vero Beach’s established beachfront dining and retail environment.
- Fully rebuilt in 2018 with improvements designed for restaurant and hospitality operations.
- Dedicated wine cave adds a distinctive feature for upscale food and beverage concepts.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 32-40-32-00048-0001-00004.0 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 32-40-32-00048-0001-00004.0 |
Description
Own one of Florida's rarest direct oceanfront commercial assets. This trophy investment offers fee simple ownership and an unmatched location in the heart of Vero Beach's vibrant Ocean Drive hub. Fully rebuilt in 2018, the property is ideally suited for a premier restaurant or hospitality concept, featuring an inviting indoor/outdoor bar, a 400± SF wine cave, and exceptional oceanfront ambiance. A rare opportunity to acquire an iconic beachfront commercial property. 4COP liquor license available separately. Situated East of A1A adjacent to Humiston Park. Direct oceanfront. Fully renovated in 2018. Outdoor bar/terrace 1,400 SF. Terrace has electric drop down screens and rain shields. Full service generator, sound absorbing acoustic panels, impact glass + shutters. State of the art equipment.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1050 | 3,087 SF | Office | $5,500,000 ($1,781.67/SF) | - |
Unit 1050
| Unit Size |
| 3,087 SF |
| Condo Use |
| Office |
| Price |
| $5,500,000 ($1,781.67/SF) |
| NOI |
| - |
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Unit 1050
| Unit Size | 3,087 SF |
| Condo Use | Office |
| Price | $5,500,000 ($1,781.67/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 32-40-32-00048-0001-00004.0 |
| Description | |
| Own one of Florida's rarest direct oceanfront commercial assets. This trophy investment offers fee simple ownership and an unmatched location in the heart of Vero Beach's vibrant Ocean Drive hub. Fully rebuilt in 2018, the property is ideally suited for a premier restaurant or hospitality concept, featuring an inviting indoor/outdoor bar, a 400± SF wine cave, and exceptional oceanfront ambiance. A rare opportunity to acquire an iconic beachfront commercial property. 4COP liquor license available separately. Situated East of A1A adjacent to Humiston Park. Direct oceanfront. Fully renovated in 2018. Outdoor bar/terrace 1,400 SF. Terrace has electric drop down screens and rain shields. Full service generator, sound absorbing acoustic panels, impact glass + shutters. State of the art equipment. |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 3,087 SF | Floors | 1 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,087 SF |
| Property Subtype | Apartment | Year Built | 2009 |
| Building Class | A | ||
| Zoning | C-1A - Neighborhood Commercial | ||
| Total Building Size | 3,087 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 1 |
| Typical Floor Size | 3,087 SF |
| Year Built | 2009 |
| Zoning | C-1A - Neighborhood Commercial |
Amenities
Site Amenities
- Wheelchair Accessible
- Walk-Up
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Contacts
-
Allison Ritter -
Melissa Talley
-
Premier Estate Properties-Vero Beach Luxury Real E
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
