Freestanding Medical Office with
For Sale
$2,250,000
1505 Orange Avenue, Fort Pierce, FL
Commercial Sale, Fort Pierce, FL
Property Size9,796 SF
Lot Size1.86 Acres
Price / SF$229.69
Days on Market47
Property Features for 1505 Orange Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning
Medium Den
Parking
48
Security features
Security Lighting
Lot features
Corner Lot, Irregular Lot, Many Trees
Directions
I95 to Orange Ave, East 3.3 miles to the property on the Right
Subdivision
7080
Standard status
Active
APN
240981600010003
Size
9,796 SF
Lot size
1.86 Acres
Additional Details
Property Use
Medical Office
Taxes and HOA fees
Tax Year
2025
Tax Description
W W CARLTON`S S/D BLK 1 ALL LOTS 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 AND LOT 12-LESS W 5 FT OF LOT 12 - AND LESS ST R/W (1.861 AC) (OR 348-274
Tax Annual Amount
1139
Legal Description
W W CARLTON`S S/D BLK 1 ALL LOTS 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 AND LOT 12-LESS W 5 FT OF LOT 12 - AND LESS ST R/W (1.861 AC) (OR 348-274
Utilities
Sewer type
Public Sewer
Heating system
Zoned, Electric (Heating), Central
Cooling system
Zoned, Electric, Central Air, Ceiling Fan(s)
Water source
Public
Amenities
large multi-purpose room
food prep kitchen
multiple bathrooms
wooded area with sidewalks (The Wandering Garden)
large screened lanai
covered lobby entrance
Building Details
Year built
1953
Floors in Building
1
Flooring type
Tile - Ceramic, Carpet, Tile, Vinyl
Building materials
Concrete Block - With Stucco, Stucco
Roof type
Shingle, Wood, Flat
Buildings
1
Listing Agency:
Equity Florida Treasure Coast LLC
(772) 276-7081
Listed By:
Trajje Etienne · License #3519925
(305) 951-9986
Added: Sep 20
Changed: Oct 30
Last Checked: Nov 5 at 11:06PM
MLS# B26078515
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This freestanding medical office property occupies 1.86 acres and offers a range of interior spaces, including a large multipurpose room, a food-preparation kitchen and several bathrooms. The facility also has a covered entrance, a screened lanai and a wooded garden with sidewalks. The interior has been updated, and the property may be subdivided into suites.
Located on Orange Avenue, the site is one mile from US-1 and 3.3 miles from I-95. Additional land provides room for building additions or expansion of the parking area.
Located on Orange Avenue, the site is one mile from US-1 and 3.3 miles from I-95. Additional land provides room for building additions or expansion of the parking area.
Key Highlights
- 1.86‑acre medical office property on Orange Avenue
- Freestanding facility with flexible spaces that can be divided into suites
- Large multipurpose room, food‑preparation kitchen and several bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,563
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,651,260
$2.7M
Cap Rate 7%
$1,893,757
$1.9M
Cap Rate 9%
$1,472,922
$1.5M
Market Conditions
NOI Build-Up for 9,796 SF
Gross rent
$246.9K $25.20/SF
− Vacancy
−$25.9K −$2.65/SF
EGI
$220.9K $22.55/SF
− OpEx
−$88.4K −$9.02/SF
NOI
$132.6K $13.53/SF
Area
St. Lucie County, FL
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,651,260
Cap Rate 7%
$1,893,757
Cap Rate 9%
$1,472,922
Alternative Uses
Best Use
Healthcare Medical
$1.89M
$1.66M – $2.21M
NOI $132,563 @ 7.0% cap · market cap 5.89%
Second Best
Office B
$1.77M
$1.55M – $2.06M
NOI $123,782 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$2.46M
$2.16M – $2.87M
NOI $172,449 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
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See the owner, sales and loan history
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Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
755
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Animal Clinic of Fort Pierce: Cathy Scott, DVM — 2508 okeechobee rd, fort pierce, fl 34947
- Holy Family Vet — 709 N US Hwy 1, Fort Pierce, FL 34950
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible interior space includes a multipurpose room, food-preparation kitchen and several bathrooms.
Where is this medical office space located?
The property is located at 1505 Orange Avenue Fort Pierce, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 1.86‑acre medical office property on Orange Avenue; Freestanding facility with flexible spaces that can be divided into suites; Large multipurpose room, food‑preparation kitchen and several bathrooms
