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Medical Office Building with Parking
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1986 31st Ave, Vero Beach, FL 32960

Ground-level access, front and rear parking, and a dedicated curb cut support convenient entry.

Property Size4,525 SF
Lot Size0.81 Acres
Days on Market143

Property Features for 1986 31st Ave

General Information

Standard status Active
Size 4,525 SF
Lot size 0.81 Acres
Property subtype Office
Zoning POI
Net Operating Income $43,792

Financials

Asking Price $865,000
Cap Rate 5%

Site & Location

Road Access Yes
Utilities to Site Yes

Building Details

Year Built 2001
Buildings 1
Building Size 4,525 SF
Tenancy Multi
Listing Agency: Lambert Commercial Real Estate Inc
Listed By: Kevin Lambert · License #BK 3327845
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:56PM

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 4,525 SF professional office building occupies .81 acres and was built in 2001. The layout provides ground-level access, with parking positioned at both the front and rear. Current occupancy includes a women’s care center and a chiropractic office, providing two established office uses within the property.

The site fronts SR 60 for 159 feet and includes 74 feet of depth, with a dedicated curb cut serving the property. Zoning is Professional Office Institution (POI), and utilities include city water and FPL service. The property reports a 5% cap rate and is located in Vero Beach, Florida.

Key Highlights

  • 4,525 SF office building on .81 Acres
  • 159 Ft. of frontage on SR 60 with 74 Ft. of depth
  • Ground‑level access with parking in front and rear

Property Analytics

Current Use

A Caring Center for Women Medical Clinic Gordon Patricia D ... Alternative Medicine Practice Thad Gordon Alternative Medicine Practice

Suggested Use

Top Pick Hair Salon Nail Salon Electrical Service Grocery & Convenience Store HVAC Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Ground-level access, front and rear parking, and a dedicated curb cut support convenient entry.
Where is this office building located?
The property is located at 1986 31st Ave Vero Beach, FL.
What are key features of this property?
This property features: 4,525 SF office building on .81 Acres; 159 Ft. of frontage on SR 60 with 74 Ft. of depth; Ground‑level access with parking in front and rear
(772) 778-2334 Call to check price and availability
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