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    Property profile & analytics
    OFF-MARKET Estimated value $2,680,000
    Medical Office Space

    3730 7th Ter, Vero Beach, FL 32960-7324

    22,787 SF 1.96 ac lot Built 1997
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US18-5139338
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, located at 3730 7th Terrace in Vero Beach, Florida (zip code 32960), offers 22,787 square feet of space, with 4,486 square feet currently vacant. Built in 1997, the property sits on a 1.96-acre lot and boasts ample parking, a significant advantage in this high-demand area. The building's prime location within a thriving medical node places it directly across from Cleveland Clinic Indian River Hospital, ensuring high visibility and convenient access for patients and staff. The building's multiple tenancy structure provides flexibility for various medical practices. Available spaces range from 1,432 to 1,910 square feet, ideal for expanding or relocating medical practices. The property's established presence in the community and its proximity to a major hospital make it an attractive investment opportunity. This is a well-maintained, highly sought-after building in a key medical submarket. The property is classified as a professional office building and is suitable for various medical office uses. Its strategic location and ample parking make it a highly desirable location for medical professionals. The building's excellent condition and strong location within the Medical Node submarket present a compelling opportunity for growth and success.

    Property profile
    Verified
    Property type Medical Office Space
    Use group DENTAL BUILDING
    Year built 1997
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 22,787 SF
    Lot 1.96 ac (85,378 SF)
    Zoning code OCR
    APN 32-39-25-00002-0000-00001.0
    UPID US18-5139338
    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
    • Nicole Guettler Physician
    • Glenn J. Romer Wealth Management & Tax Advisory Financial Advisor
    • Tamra Brown Dental Office
    • Jennifer Byer, MD Physician
    • Hugo Davila, MD Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.99M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.51M
    Blend (final) Blend
    $2.68M
    Owner & transaction history
    3730 7th Terrace Owner LLC · 3 yrs held
    3730 7th Terrace Owner LLC
    since 2022
    Last sale
    $2.5M
    5 recorded transactions
    2022
    $2.5M
    2020
    $11.5M
    2020
    2014
    $2.2M
    2000
    $2.3M
    Zoning & alternative use
    OCR · Vero Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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