Medical Office with Open
New
For Sale
$525,000
1710 36th St, Vero Beach, FL 32960
Concrete block construction includes a dedicated restroom, private office, and on-site parking for daily operations.
Property Size1,750 SF
Days on Market4
Property Features for 1710 36th St
General Information
Standard status
Active
Size
1,750 SF
Property subtype
Industrial
Amenities
Private Restroom
Private Office
Building Details
Building Size
1,750 SF
Year Built
2005
Stories
1
Construction
concrete block
Listing Agency:
Lambert Commercial Real Estate Inc
(772) 532-1165
Listed By:
Kevin Lambert · License #BK3327845
(772) 532-1165
Source:
Elliman
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 4 at 5:37AM
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 Lambert Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
This medical office space was built in 2005 with concrete block construction and a concrete tile roof. The interior provides an open configuration, one private office, and a private restroom, creating a practical layout for professional occupancy. The property is identified for potential medical-related uses, including a medical lab, home health care, or specialty physician practice.
Located at 1710 36th St in Vero Beach, Florida, the building includes 10 available parking spaces. Walk Score is 47, classified as car-dependent, while Bike Score is 51, classified as bikeable.
Located at 1710 36th St in Vero Beach, Florida, the building includes 10 available parking spaces. Walk Score is 47, classified as car-dependent, while Bike Score is 51, classified as bikeable.
Key Highlights
- Medical office space with open interior layout
- Concrete block building with concrete tile roof
- One private office and dedicated restroom
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.1k | $25.20 |
| − Vacancy | −$4.6k | −$2.65 |
| EGI | $39.5k | $22.55 |
| − OpEx | −$15.8k | −$9.02 |
| NOI | $23.7k | $13.53 |
1,750 SF · lease $25.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$338.3K
$296.0K – $394.7K
NOI $23,682 @ 7.0% cap · market cap 4.51%
Second Best
Office B
$267.5K
$234.1K – $312.1K
NOI $18,727 @ 7.0% cap · market cap 3.57%
Theoretical Best
Specialty Retail
$383.8K
$335.8K – $447.8K
NOI $26,865 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,420
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32960, FL
21,522
Population
11,590
Households
1.9
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
1,939
Density / Sq Mi
$52,350
Median Household Income
$30,236
Median Earnings
$1,171
Median Rent
$254,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Concrete block construction includes a dedicated restroom, private office, and on-site parking for daily operations.
Where is this medical office space located?
The property is located at 1710 36th St Vero Beach, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Medical office space with open interior layout; Concrete block building with concrete tile roof; One private office and dedicated restroom
