Marcus & Millichap
Recently Closed
Indian River Medical Office & Apartments
1485 37th Street, Vero Beach, FL 32960
23,580 SF | 1.25 Acres
Just Sold in Vero Beach, FL:
L.J. Tsunis & Jason Hague, along with their teams, are pleased to announce the successful sale of Indian River Medical Office & Apartments in Vero Beach, Florida. They had the exclusive listing to market the property on behalf of the seller. The buyer, a private investor was also secured and represented by the teams. The building was completed in 1984 and contains first floor medical office space and 14 second floor apartments, with a total rentable square footage of 23,580.
If you would like more information regarding this project, or any of our current listings please feel free to contact us.
Transaction Summary
Price: $3,075,000
Price per SqFt: $130.41
Type: Medical Office / Apartments
Units: 13 Office Units / 14 Apartments
Buildings: 1
Lot Size: 1.25 Acres
Rentable Square Feet: 23,580 SF
Investment Highlights:
- 23,580 Square Foot Medical Office & Apartments Building
- Built in 1984
- 1.25 Acres
- 100% Occupied
- Sits Adjacent to Indian River Hospital
Exclusively Listed By
Krone Weidler
First Vice President, Investments
Healthcare Real Estate Group
O: (813) 387-4767
C: (813) 842-2365
krone.weidler@marcusmillichap.com
License: FL BK698019
Louis James “L.J.” Tsunis
Associate
Healthcare Real Estate Group
O: (813) 387-4777
C: (516) 637-0479
louis.tsunis@marcusmillichap.com
License: FL SL3274497
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