Fully Accredited Surgery Center w/ Licenses & Equipment
Turnkey Accredited Ambulatory Surgery Center
Marketing description
Matthews™ is pleased to present 1255 37th St Suite E, a compelling healthcare real estate investment opportunity in Vero Beach’s premier medical corridor. The ±5,700 SF property is a licensed, AHCA-approved ambulatory surgery center (ASC) situated on ±2.06 acres with two operating rooms located within one of the most concentrated healthcare clusters in Indian River County. Immediate proximity to Cleveland Clinic Indian River Hospital and surrounding specialty practices supports strong referral dynamics and sustained demand for outpatient surgical services.
The asset is positioned just off 37th Street, a primary east–west medical thoroughfare anchored by specialty clinics, imaging centers, dermatology groups, and complementary healthcare operators. This location benefits from excellent accessibility, institutional medical tenancy, and long-term market stability driven by Vero Beach’s expanding healthcare infrastructure and growing preference for outpatient care delivery.
The property will be delivered vacant at closing, with the existing ASC license assignable to the new operator, providing investors with flexibility to pursue a value-add leasing strategy or partner with an owner-operator seeking turnkey surgical infrastructure. Purpose-built surgery center improvements represent significant replacement cost advantages and create a meaningful barrier to entry in the submarket.
Recent sales of comparable medical and surgical assets in Vero Beach and across Florida have achieved premium pricing, underscoring strong investor demand for well-located healthcare real estate with durable fundamentals. With its strategic positioning, licensure, and rare surgical infrastructure, 1255 37th St Suite E offers a differentiated opportunity for investors seeking exposure to high-demand outpatient medical assets.
Investment highlights
Assignable Active AHCA-Approved ASC License: Existing ASC license transfers with the sale, significantly reducing regulatory risk, timelines, and startup costs – allowing investors and owner users to bypass Florida’s lengthy licensing process and accelerate revenue generation.
Delivered Vacant at Closing: Provides maximum flexibility for owner-users or investors pursuing a value-add strategy with immediate repositioning or re-leasing potential.
Turnkey: A significant amount of surgical and facility equipment included with the sale, lowering initial capital outlay and shortening the startup timeline for incoming operators.
Dual Operating Rooms with Efficient Clinical Design: Two fully built ORs with a centralized nurse station providing clear sightlines into both rooms and post-op recovery room, supporting efficient workflow and procedural oversight.
Purpose-Built, High-End ASC Construction: Developed for a plastic surgeon and built by a high-quality ASC developer, featuring a specialized surgical buildout that minimizes re-tenanting costs and accelerates time to operation.
Rare Replacement-Cost Infrastructure: Purpose-built surgery center improvements are difficult and costly to replicate, creating a significant barrier to entry and enhancing long-term value.
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