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Medical Office Suite with Exam Rooms
For Lease
$35 SF/Yr

927 37th Place, Vero Beach, FL 32960

CommercialLease, Vero Beach, FL

Space SizeContact for details
Days on Market50

Property Features for 927 37th Place

General Information

Property type Commercial Lease
Property subtype Other
Zoning med,
Zoning description Prof Office/Institution
Accessibility Accessible Approach with Ramp
Subdivision Indian River Farms
Lot features Less Than Quarter Acre
Directions off 37th St.
Standard status Active
APN 32392500010000300002.0
Size 2,398 SF

Taxes and HOA fees

Tax Description CITRUS MEDICAL PLAZA CONDO BLDG C UNIT 2 OR BK 2502 PG 806
Legal Description CITRUS MEDICAL PLAZA CONDO BLDG C UNIT 2 OR BK 2502 PG 806

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Electric
Water source Public

Building Details

Year built 1992
Floors in Building 1
Flooring type Vinyl
Building materials Block, Concrete
Roof type Shingle
Listing Agency: Alex MacWilliam, Inc.
Listed By: T.P. Kennedy · License #3377487
Added: Jul 25 Changed: Aug 19 Last Checked: Sep 12 at 9:06PM
MLS# 298912

Copyright © 2026 Realtors Association of Indian River County. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,398-square-foot medical office condominium is arranged for outpatient healthcare use, with four to five patient rooms equipped with sinks. The interior also includes a waiting area, reception, staff work areas, a private physician’s office, and bathrooms. Vinyl flooring, central heating, electric cooling, and an accessible approach with ramp support day-to-day operations.

Located at 927 37th Place in Vero Beach, the property sits across from Cleveland Clinic and has ample parking. The building was constructed in 1992 with block and concrete materials, a shingle roof, public water, and public sewer. MED zoning is identified for the property.

Key Highlights

  • 2,398 SF medical office condominium
  • Four to five patient rooms with sinks
  • Waiting area, reception, staff work areas, and private physician’s office

Property Analytics

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Current Use

Christopher Olenek Pediatrician

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Repair Shop Building Supply Big Box & Wholesale Store Law Firm

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

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,345
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Vero Beach, FL

$30 /SF/Yr
Avg Asking Price
$1.46–$150 /SF/Yr
Price Range
2,336 SF
Avg Space Size

This space is priced 17% above the average of $30 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for outpatient care with reception, waiting, staff, and private office areas.
Where is this medical office space located?
The property is located at 927 37th Place Vero Beach, FL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 2,398 SF medical office condominium; Four to five patient rooms with sinks; Waiting area, reception, staff work areas, and private physician’s office
More about this property
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