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    13832 Us-1 Sebastian, FL 32958

    For Sale
    $300,000

    Profitable Medical Office Building, 980 SF

    Property size:
    980 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 980-square-foot medical office condo in Sebastian, Florida, presents a compelling investment opportunity. Located in a prime location at 13832 US-1, this Class B, single-tenant property boasts a strong lease in place until August 7, 2028, with a 3.7-year remaining term and a 3% annual rent escalator. The current monthly rent is $2,397.33 plus Florida sales tax. The property features a reception/waiting room, four plumbed exam rooms, one office, a lab, and two restrooms. The interior includes a mix of carpet and tile flooring, and a drop ceiling. A new HVAC unit was installed in 2020. The building was constructed in 1988 and sits on a 1-story building within the Indian River County Limited Commercial District (CL) zoning. The property includes 81 paved, striped, and lighted common parking spaces. Estimated 2024 association dues are $1,647.72 per quarter. City water and sewer are included in the association dues

    Property Features for 13832 Us-1

    General Information

    Property type
    Medical offices
    Square Feet
    980 SF
    Class
    B

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • High‑traffic location with excellent visibility.
    • Strong tenant history and stable occupancy.
    • Significant upside potential for rental income.
    • Property features ample parking.
    • Well‑maintained building in excellent condition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Sebastian
    County
    Indian River
    State
    Florida
    Longitude
    -80.4877212
    Latitude
    27.8456655

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    FAQs

    What type of property is this?
    Medical office - Profitable Medical Office Building, 980 SF
    Where is this medical office located?
    The property is located at 13832 Us-1 Sebastian, FL.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; Strong tenant history and stable occupancy.; Significant upside potential for rental income.
    Request Owner's contact information
    13832 Us-1 Sebastian, FL 32958
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    Sebastian, FL 32958
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13832 Us-1 Sebastian, FL 32958
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