1260 37Th St Vero Beach, FL 32960
Property Lookup
Property profile & analytics
1260 37Th St Vero Beach, FL 32960
- Medical Office Space
- 11,166 SF
- 1.55 lot acres
Property ID
US18-4309353
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Tim Ioannides, MD / Physician / Medical Clinic
- Sheree Ewar / Physician
- Dr Jose Ortega / Physician
- Donatas Dudutis / Physician
- Antonio Justado / Physician
Property Details for 1260 37Th St
- Year built
- 1991
- Construction
- WOOD
- Lot size
- 1.55 lot acres
- Property size
- 11,166 SF
- Zone code
- MED
- Property type
- Medical Office Space
- Property subtype
- Medical space
- APN
- 32-39-26-00012-0000-00001.1
- APU
- 9223372036854775807
Description
This exceptional 5,712 square foot medical office space is ideally situated in Vero Beach, Florida, directly across from the Cleveland Clinic Indian River Hospital. Located within a larger 10,668 square foot medical office building (MOB) on a 1.55-acre corner lot, this single-story property boasts excellent visibility and accessibility. The building, constructed in 1991, features a generous 6.8/1000 parking ratio, ensuring ample parking for patients and staff. The suite itself offers a thoughtfully designed layout including a spacious waiting room, reception area, thirteen exam rooms, two large procedure rooms, a dedicated physical therapy/treatment area, staff break room, physician offices, multiple restrooms, and storage areas. Previously occupied by an orthopedic practice, the space is ready for immediate occupancy. A long-standing dermatology practice serves as a co-tenant. The property benefits from a convenient walk-up entrance from the parking lot and prominent monument signage on 37th Street. The flexible MED zoning allows for a variety of medical uses. This well-maintained property offers excellent curb appeal and is a rare opportunity to acquire a single-story standalone medical office building in a prime hospital district location. The building is classified as Class B and has no elevators. The property's APN is 32392600012000000001.1 in Indian River County.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,520,000
- 6.5%
- $2,325,000
- 7%
- $2,160,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,875,000
- AI Estimate
- $1,582,000
Market price range: $1.72M - $3.53MMarket price range: $722k - $2.11M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $2,620,000 Current use
- AUTO REPAIR, GARAGE
- $2,420,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.3979
- Latitude
- 27.661
- CBSA code
- 42680
- CBSA name
- SEBASTIAN-VERO BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,840
$402,518
$1,182,219
$1,584,737
-
$402,518
$1,182,219
$1,584,737
