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Mixed-Use Medical Office and Apartments

1485 37th St Vero Beach, FL 32960

1485 37th St, Vero Beach, FL, 32960
Contact for pricing
For Sale
Contact for pricing
Pending

Two-story masonry property with 14 units, including four medical office/service spaces, offering immediate access to Highway 1.

Lot Size1.23 Acres
Days on Market101

Property Features for 1485 37th St

General Information

Standard status
Pending
Lot size
1.23 Acres
Property subtype
Mixed Use, Multifamily, Retail
Listing agency JLL - Tampa, Florida
Listed by Joe Thavis · License #FL 3413769
Source Crexi
Added: Apr 12 Updated: Jul 20 at 8:23PM Checked: Jul 21 at 7:06AM

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 JLL - Tampa, Florida


Investment Insights

Based on property information with market context.

Indian River Terrace is a two-story, 1984-built masonry mixed-use property on a 1.23-acre lot, featuring 14 “classic” units and four commercial units. The commercial space is comprised of medical office/service uses. The offering is presented as a value-add opportunity, with the plan to renovate unit interiors and pursue a loss-to-lease recapture strategy.

The property is directly adjacent to Cleaveland Clinic Indian River Hospital. It also has immediate access to Highway 1, described as the primary thoroughfare providing direct access to major employment hubs such as Fort Pierce and Palm Bay.

Additional nearby points of interest mentioned include Vero Beach Regional Airport, Indian River beaches, and Indian River Mall, along with major retail destinations such as Publix, Target, Starbucks, Panera Bread, and Petco.

Key Highlights

  • 14‑unit two‑story masonry property built in 1984 on a 1.23‑acre lot
  • Includes four commercial units with medical office/service use
  • Mixed‑use building directly adjacent to Cleaveland Clinic Indian River Hospital

Property Analytics

Location Intelligence

Current Use by Public Records

Regina Cocci Geriatric Care Provider Treasure Coast Rehab ... Medical Clinic Indian River Medical Medical Clinic Anesthesia and Sleep Medicine ... Medical Clinic Williams Family Medicine Medical Clinic

Suggested Use

Restaurant Plumbing Service Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center Catering Service Grocery & Convenience Store Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two-story masonry property with 14 units, including four medical office/service spaces, offering immediate access to Highway 1.
Where is this apartment building located?
The property is located at 1485 37th St Vero Beach, FL.
What are key features of this property?
This property features: 14‑unit two‑story masonry property built in 1984 on a 1.23‑acre lot; Includes four commercial units with medical office/service use; Mixed‑use building directly adjacent to Cleaveland Clinic Indian River Hospital
Contact an agent
(303) 525-8133 Call to check price and availability
More about this property
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