13832 Us-1 Sebastian, FL 32958

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