Fully Rented Medical Portfolio For Sale
3760 20th Street, Vero Beach, Florida 32960
Sold: $970,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
6,621 sqft
Land Size
1.06 acres
Sewer
City
Water
City
Zoning
(POI) Professional Office Inst
Electric
FPL
Property Description
FEATURES:
- Fully Rented Medical/Office Complex!
- Secure Central Location on Route 60
- Turn-Key Investment Opportunity
- Strong Tenant History with Long Term Leases
- All Buildings CBS with Metal Roofs!
BUILDINGS: 3 Buildings Located on SR 60 on 1.06 Acres with 295 Ft. of Frontage.
ZONING: (POI) Professional Office Institution
RE TAXES: $13,090.64 (2020)
UTILITIES: FPL, City Water & Sewer
CAP RATE: 7.14%
NOI: $77,188.94
PRICE: $1,081,000
