Medical Investment Condo For Sale
1285 36th Street Unit 2-C, Vero Beach, Florida 32960
Sold: $610,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
2,585 sqft
Sewer
County
Water
County
Zoning
MED - Medical
Electric
City
Year Built
2002
Property Description
FEATURES:
- Located right on 36th Street in Hospital District on way to hospital
- Concrete Construction
- National Public Health Care tenant
- Brand new 5 year lease
BUILDING: 2,585 SF Condo unit in a Concrete Medical Building. 2,696 SF of Rentable SF
RE TAXES: $5,985.91 (2013)
NOI: $69,775
PRICE: $650,000 = 10.7 % cap rate (2014)