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Property profile & analytics
FOR LEASE
Medical Office Space
1285 36Th St 2C Vero Beach, FL 32960
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0869542
For Lease
1 / 4
$32 SF/Yr
1285 36Th St,Unit 2C, Vero Beach, FL 32960
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2003
Total area
2,622 SF
Lot
0.47 ac (20,473 SF)
Zoning code
COMED
APN
32-39-35-00014-0000-00002.3
UPID
US19-0869542
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Carl Dilella Physician
-
Meylin Vega Physician
-
Treasure Coast Cardiovascular Institute Medical Clinic
-
Coastal Endocrinology Medical Clinic
-
Patricia Burgener Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ocvb Real Estate LLC · 4 yrs held
Ocvb Real Estate LLC
since 2021
Last sale
$420,000
3 recorded transactions
Zoning & alternative use
COMED · Vero Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vero Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vero Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,382
Tax year 2023
Assessed value
$356,600
Assessed 2023
Previous assessed
$356,600
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed improvement
$356,600
Improvement market value
$356,600
Total market value
$356,600
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
DENTAL BUILDING
Status
For Lease
Year built
2003
Heating
NONE
Stories
1
Units
1
Total area
2,622 SF
Lot
0.47 ac (20,473 SF)
Zoning code
COMED
APN
32-39-35-00014-0000-00002.3
UPID
US19-0869542
Jurisdiction
INDIAN RIVER
Zoning & alternative use
COMED · Vero Beach, FLZoning COMED · permitted uses
COMED · Vero Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Ocvb Real Estate LLC
Entity
Mailing address
1285 36TH ST STE #100, VERO BEACH, FL 32960-6587
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
$420,000
Ocvb Real Estate LLC
1285 Ducks LLC
Warranty Deed
$428,000 · Marine Bank & Trust Company
May 15, 2015
$610,000
1285 Ducks LLC
P C T C IV LLC
Warranty Deed
$400,000 · Florida Business Bank
Jun 4, 2004
$552,800
Pctc IV LLC
Grove Place Medical Center LLC
Warranty Deed
$504,913 · Suntrust Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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