7 Royal Palm Point #PHE

$2,203,000

● Condo - Off Market

7 Royal Palm Point #PHE

Vero Beach, FL 32960

3 Beds

3 Baths, 1 Half Bath

3,500 Ft²

$16,840

Est. Monthly

$3,145

HOA / Fees

-2.13%

Cap Rate

About This Property

RARELY AVAILABLE! 3,500 sq ft riverfront Penthouse condo next to the Pointe at Quail Valley. Indulge in luxury living with panoramic views of the Intracoastal waters. The elevator whisks you away, delivering you directly to your private foyer, where sophistication meets convenience. This opulent residence features 3 bedrooms, 3 ½ baths, living room, dining room, family room, and island kitchen each meticulously designed to provide the utmost comfort and style. Relax on your expansive balcony and watch the dolphins frolic, the boats cruise, and the birds soar by. Sizes approx. subj to error.

Unit Size

3,500 Ft²

Days on Market

204 days

Land Size

Price per sqft

$628

Property Type

Condo

Property Taxes

$2,902

HOA Dues

$3,145

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Indian River #284263)

Price History

Date / Event	Date	Event
Aug 1, 2025	Sold	Premium
Sold
Apr 22, 2025	In contract	-
In contract
Apr 10, 2025	Price Decreased	$2,198,000 ↓ $300K (12%)
Price Decreased
Mar 15, 2025	Price Decreased	$2,498,000 ↓ $200K (7.4%)
Price Decreased
Jan 28, 2025	Price Decreased	$2,698,000 ↓ $100K (3.6%)
Price Decreased
Jan 9, 2025	Listed by Berkshire Hathaway Florida	$2,798,000
Listed by Berkshire Hathaway Florida
Oct 6, 2021	No longer available	-
No longer available
Jan 6, 2021	In contract	-
In contract
May 26, 2020	Listed	$1,950,000
Listed

	Breathtaking panoramic direct Intracoastal views from this luxury 3 bedroom 3 ½ bathroom penthouse. Relax watching the dolphins, birds, and boats from the large balcony which has been piped with gas for your future outdoor kitchen. Elevator brings you directly to your private foyer. Walking distance to shops, dining and Quail Valley Club. Sizes approx./subj. to error.
Sep 21, 2012	Sold	Premium
Sold
Jun 8, 2011	Listed by Treasure Coast Sotheby's Int'l	$998,000
Listed by Treasure Coast Sotheby's Int'l

	Panoramic river views abound from this in-town extraordinary never occupied penthouse. Walk to shops, restaurants, and activities or enjoy the manatees and dolphins from your spacious verandas. Constructed by Vero''s premiere builder with top level finishes and appealing design. Best value in Vero! View ebook: http://tinyurl.com/Riverfront-Penthouse

Property Highlights

Garage

Parking Available

Elevator

Air Conditioning

Parking Details

Has Garage

Parking Features: Attached, Covered, Garage

Garage Spaces: 2

Interior Details

Half Bathrooms: 1

Full Bathrooms: 3

Interior Features: Crown Molding, Elevator, Kitchen Island, Pantry, Walk-In Closet(s), SplitBedrooms

Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer, BuiltInOven

Flooring Type: Carpet, Vinyl, Wood

Door Features: Sliding Doors

Laundry Features: Laundry Room, In Unit, LaundryTub

Rooms: 10

Exterior Details

Has Property Attached

Square Footage: 3500

Square Footage Source: $0

Security Features: Gated Community, Key Card Entry, Smoke Detector(s), PhoneEntry

Architectural Style: ThreeStory

Year Built: 2005

Waterfront Features: River Front

Levels: Three Or More

Window Features: None

Construction Materials: Concrete, Stucco

Pool Features: Electric Heat, Heated, Community, Pool

Lot Features: Other

Lot Size Units: Acres

Tax Lot: 03

Water Source: Public

Financial Details

Tax Assessed Value: $2,248,200

Tax Annual Amount: $34,819

Utilities Details

Cooling Type: Central Air, Electric

Heating Type: Central, Electric

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Sewer, Security, Trash, Water, CommonAreas, ReserveFund

HOA Fee: $3,145

HOA Fee Frequency: Monthly

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20250313 Unit 1W 03/13/2025	1W	3 Bed	3 Bath	3500 ft²	$2,200,000 3 Bed 3 Bath 3500 ft²	$1,900,000 -13.64% 06/24/2025	Rita Curry Dale Sorensen Real Estate Inc.
20250109 Unit PHE 01/09/2025	PHE	3 Bed	3 Bath	3500 ft²	$2,798,000 3 Bed 3 Bath 3500 ft²	$2,203,000 -21.27% 08/01/2025	Beth Livers Berkshire Hathaway Florida
20210130 Unit 1E 01/30/2021	1E	3 Bed	4 Bath	-	$2,100,000 3 Bed 4 Bath	- -	David M Decker Dale Sorensen Real Estate Inc.
20200526 Unit PHE 05/26/2020	PHE	3 Bed	4 Bath	-	$1,950,000 3 Bed 4 Bath	- -	-
20200310 Unit 1E 03/10/2020	1E	3 Bed	4 Bath	-	$2,195,000 3 Bed 4 Bath	- -	-
20180429 Unit PHW 04/29/2018	PHW	3 Bed	4 Bath	-	- 3 Bed 4 Bath	- -	-
20110929 Unit 2E 09/29/2011	2E	3 Bed	3 Bath	-	$849,000 3 Bed 3 Bath	$800,000 -5.77% 04/09/2012	Jane P Schwiering Premier Estate Properties
20110608 Unit PHE 06/08/2011	PHE	3 Bed	4 Bath	-	$998,000 3 Bed 4 Bath	$800,000 -19.84% 09/21/2012	Michael Thorpe One Sotheby's International

Building Info

7 Royal Palm Pointe 7 Royal Palm Pointe, Vero Beach, FL 32960

1 Unit for Sale

More about this Building

Want to find out who owns 7 Royal Palm Pointe, Vero Beach, FL 32960? Get detailed property transactions here.

About Vero Beach

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$333

Below Asking

0.04%

Average Days on Market

Average Home Size

1947 ft²

Average Home Age

47.3 years

Currently For Sale

204 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 476 19th Place, Vero Beach, FL, 32960

$2,900 /mo

3 Beds
3 Baths
1,614 ft²

476 19th Place, Vero Beach, FL, 32960 Listing by Katelyn M O'Neal

Unit for rent at 1725 20th Avenue, Vero Beach, FL, 32960

$3,500 /mo

3 Beds
2 Baths
1,394 ft²

1725 20th Avenue, Vero Beach, FL, 32960 Listing by Susana Bella Roche

Unit for rent at 1809 21st Avenue, Vero Beach, FL, 32960

$1,800 /mo

2 Beds
1 Bath
810 ft²

1809 21st Avenue, Vero Beach, FL, 32960 Listing by Al Benkert

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Beth Livers, Berkshire Hathaway Florida
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 284263

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.