Vero Beach Lobster Shanty sold for $3.5M

November 18, 2014 – Waterfront restaurant Lobster Shanty recently closed its door after 36 years to make way for new development. Seller Steve Mulvey and his Quail Valley Club Partner Kevin Given, closed on the property for $3.5 million. Future plans for the 1.02 acre site will include a 16-room lodge with a restaurant, which will be restricted to club members and their guests. The deal was brokered by Roy Bickford of Jeremiah & Co. Commercial Real Estate, LLC.