Financial
Distress signals
Property profile

3755 7Th Ter 303 "Suites" Vero Beach, FL 32960

FOR LEASE
Medical Office Space
Property ID
US18-0519258
23,812 SF 2.11 ac lot Built 1999
Last sale Nov 2022 · $2,480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of professional office suites located in Vero Beach’s medical hub area, designed for a range of healthcare- and services-oriented professionals. The individual suites vary in size from approximately 33 square feet to 4,102 square feet and provide access to shared amenities including a kitchen, three restrooms, and storage. The layout supports occupancy by independent practitioners and small service offices, with spaces characterized as move-in ready based on the listing description.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$42k
Tax billed · 2023
Assessed value$2.75M
Assessed land$625k
Assessed improvement$2.13M
Effective rate1.53%

Value estimate

· Sep 2026
$2.82M
$2.54M – $3.10M
AI approach$2.86M
Submarket $/SF estimate$2.75M
NOI build-up
Gross scheduled income$71k
Vacancy & credit loss−$13k
Operating expenses−$15k
NOI · 175,584.00% cap applied$44k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$234/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$154 – $316

Cap rate analysis

How does the asset earn?
175,584.00%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OCR
JurisdictionINDIAN RIVER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.4
Building Supply10.3
Restaurant10.1

Location

3755 7Th Ter, Unit 303 "Suites" Vero Beach, FL 32960
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
330 17th, Vero Beach, FL 32960-5690 $140,000,000 Nov 2024 5,010 SF
820 37th, Vero Beach, FL 32960-6562 $5,125,000 Aug 2024 14,984 SF
1355 37th St, Vero Beach, FL 32960-7320 $1,175,000 Apr 2024 4,422 SF
3790 7th Tera, Vero Beach, FL 32960-6552 $1,200,000 Dec 2023 4,526 SF
2175 20th, Vero Beach, FL 32960-6630 $737,500 Mar 2023 4,185 SF
1460 36th, Vero Beach, FL 32960-4849 $1,475,000 Feb 2023 5,676 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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