CENTURY 21 Edge
Office

Commercial Sale · Office

$305,050 sq ft$0 /sq ft0.63 acres

845 37th Place, Vero Beach FL 32960, VERO BEACH, FL, 32960

Active133 days on marketListed Apr 4, 2026MLS #B26012620

About this property

The property at a glance

Rare opportunity to lease a 5,050 SF freestanding medical office building adjacent to Cleveland Clinic. Previously operated as an ambulatory surgery center, the property features an efficient medical layout designed to support patient flow, clinical operations, and administrative functions and Impact glass throughout. The building is one of the select few single-tenant medical buildings with direct frontage on the corridor, providing a strong presence within one of the region's most established healthcare districts.

5,050

Building sq ft

$0

Price / sq ft

0.63

Lot acres

2001

Year built

MED

Zoning

Office

Property type

Building size5,050 sq ft
Lot size0.63 acres
Year built2001
ZoningMED
Business typeMedical, Medical Office
ConstructionConcrete Block Construction
CoolingCentral Air · Electric
HeatingCentral
UtilitiesCable Connected · Cable Available · Electricity Available · Sewer Available · Water Available
Annual taxes$11,615

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $8
Interest rate6.00%
Loan term

Estimated payment

$1,128/mo

Principal & interest$0
Property taxes (actual bill)$968
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Lacie to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

11,100vehicles / day · 2025Us-1/Sr-5 to Indian River Blvd · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Perkins Indian River PharmacyBank0.2 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

24,697

Population

$52,350

Median income

42.6

Median age

2.43

Avg household

$254,400

Median home value

$1,171/mo

Median rent

2,270

Households w/ kids

Recent sales

What actually sold near 845 37th Place

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

Gas Station Gas Station Us-1 Highway, Vero Beach FL 32960

$200,000

Gas Station Gas Station Us-1 Highway, Vero Beach FL 32960

Sold Oct 1, 2025

3215 Aviation Boulevard, Vero Beach FL 32960

$12

3215 Aviation Boulevard, Vero Beach FL 32960

Sold Nov 11, 2024

77 Royal Palm Pt, Vero Beach FL 32960

$3,342

77 Royal Palm Pt, Vero Beach FL 32960

Sold Aug 1, 2025

Your team

The pros in your corner

Lacie Springstead

Your agent

Lacie Springstead

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 845 37th Place — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 845 37th Place.

See it in person

Schedule a tour

Live availability from Lacie's calendar — pick a time and it's booked.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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CENTURY 21 Edge
© 2026 CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Sunseria Real Estate Group LLC d/b/a CENTURY 21 Edge fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Century 21 Real Estate LLC nor any of its affiliated companies.

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