Medical and Office Suite
For Sale
Contact for pricing
3755 7th Ter Suite N, Vero Beach, FL 32960
Multiple professional suites available with shared amenities and restroom access for flexible medical and office use.
Property Size96 SF
Days on Market128
Property Features for 3755 7th Ter Suite N
General Information
Standard status
Active
Size
96 SF
Property subtype
Commercial
Additional Details
Office Units
18
Taxes and HOA fees
Annual Taxes
$43,088
Building Details
Building Size
96 SF
Year Built
1999
Stories
3
Units
1
Tenancy
Multi
Listing Agency:
Billero & Billero Properties
Listed By:
Colleen Jennings · License #3324121
(772) 559-8125
Source:
Elliman
Added: Jun 14
Changed: Aug 21
Last Checked: Aug 14 at 6:22AM
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 Billero & Billero Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This professional suite building offers a range of office configurations, with 18 flexible spaces sized from small to larger offices. Suites are marketed as move-in ready and include access to a shared kitchen, three restrooms, and storage, supporting everyday operations for a variety of service and professional uses.
The property is located at 3755 7th Ter Suite N in Vero Beach, Florida, within an established medical-focused environment based on the property’s remarks. Walkability is noted as Bikeable (51) and Car-Dependent (47), reflecting a setting where convenient vehicle access is practical.
The mix of suite sizes and shared support amenities can fit professionals seeking private offices with built-in convenience. The offering is presented with an incentive described in the remarks as one month rent-free, which may help new tenants manage transition costs while establishing or expanding their practice or office operations.
The property is located at 3755 7th Ter Suite N in Vero Beach, Florida, within an established medical-focused environment based on the property’s remarks. Walkability is noted as Bikeable (51) and Car-Dependent (47), reflecting a setting where convenient vehicle access is practical.
The mix of suite sizes and shared support amenities can fit professionals seeking private offices with built-in convenience. The offering is presented with an incentive described in the remarks as one month rent-free, which may help new tenants manage transition costs while establishing or expanding their practice or office operations.
Key Highlights
- Professional suite building built in 1999 with 18 available spaces
- Suite sizes range from 33 SF to 4,102 SF
- Shared amenities include a kitchen, 3 restrooms, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,027
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,540
$20.5K
Cap Rate 7%
$14,671
$14.7K
Cap Rate 9%
$11,411
$11.4K
Market Conditions
NOI Build-Up for 96 SF
Gross rent
$1.7K $17.40/SF
− Vacancy
−$301 −$3.13/SF
EGI
$1.4K $14.27/SF
− OpEx
−$342 −$3.57/SF
NOI
$1.0K $10.70/SF
Area
Indian River County, FL
Vacancy
18.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,540
Cap Rate 7%
$14,671
Cap Rate 9%
$11,411
Alternative Uses
Best Use
Healthcare Medical
$18.6K
$16.2K – $21.7K
NOI $1,299 @ 7.0% cap · market cap 259.80%
Second Best
Office B
$14.7K
$12.8K – $17.1K
NOI $1,027 @ 7.0% cap · market cap 205.40%
Theoretical Best
Specialty Retail
$21.1K
$18.4K – $24.6K
NOI $1,474 @ 7.0% cap · market cap 294.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Office units - Multiple professional suites available with shared amenities and restroom access for flexible medical and office use.
Where is this office units located?
The property is located at 3755 7th Ter Suite N Vero Beach, FL.
What are key features of this property?
This property features: Professional suite building built in 1999 with 18 available spaces; Suite sizes range from 33 SF to 4,102 SF; Shared amenities include a kitchen, 3 restrooms, and storage
