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    2750 Indian Riv Blvd Vero Beach, FL 32960-5225

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    2750 Indian Riv Blvd Vero Beach, FL 32960-5225


    • Medical Office Space
    • 9,217 SF
    • 0.69 lot acres
    Off-Market
    Property ID
    US18-0510441
    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.

    Value Estimations
    $1,850,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Deborah L. Riddle, CRNA / Physician
    • Aesthetics Center of The Florida Eye Institute / Medical Clinic / Skin Care Clinic
    • James Belville / Ophthalmologist
    • Dr. John Zudans / Ophthalmologist
    • Florida Eye Institute / Surgical Center / Eye Care Center

    Property Details for 2750 Indian Riv Blvd

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.69 lot acres
    Property size
    9,217 SF
    Zone code
    C-1B
    Property type
    Medical Office Space
    Property subtype
    Medical space
    APN
    32-39-36-00010-0000-00001.2
    APU
    9223372036854775807

    Description

    This exceptional Vero Beach office building, constructed in 1994, offers two available suites ideal for medical or traditional office use. The building boasts a total of 16,428 square feet across three stories and is classified as Class B. One suite, located on the ground floor of the south building, comprises 7,000 square feet and is ready for immediate occupancy. This space is highly adaptable and could suit a variety of office configurations. The second available suite, situated on the third floor of the north building, offers 3,454 square feet of existing medical space. This area is already equipped with eight exam rooms, three offices, a reception area, two restrooms, and a lobby, making it perfect for a medical practice. The building features excellent signage, a large parking lot including private covered parking, and a portico. The south building's first floor is currently configured as an administrative floor with a large reception and sales area, offices, a conference room, records storage, a full kitchen, and a breakroom. The property benefits from its proximity to a hospital (less than two miles away) and high traffic volume, with 37,655 vehicles passing daily (2020 data). Utilities include city water and sewer, and electricity is provided by FPL. The building is zoned (C-1B) General Commercial Trades & Services. The lease rate is $32.00 per square foot gross, plus sales tax and utilities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,080,000
      6.5%
      $1,920,000
      7%
      $1,780,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,342,000
      Market price range: $1.42M - $2.92M
      AI Estimate
      $1,289,000
      Market price range: $596k - $1.74M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,160,000
      Current use
      AUTO REPAIR, GARAGE
      $2,000,000
      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
    -80.3813
    Latitude
    27.6474
    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
    $21,590
    $510,000
    $780,953
    $1,290,953
    -
    $510,000
    $780,953
    $1,290,953
    More about this property
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