7965 SPYGLASS HILL RD Viera, FL 32940
1.54 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID O6402958
HOA Y/N No
Annual Tax Amount $35,641
Lot Size 1.540 Acres
Acres 1.54
Lot Dimensions IRREGULAR
Property Sub-Type Commercial
Source Stellar MLS
Property Description
Positioned inside the Spyglass Medical District of East Viera, this 1.54-acre parcel sits directly adjacent to the DEUK Spine Institute and within walking distance of Viera Medical Center, the Surgery Center of Viera, and Viera Diagnostic Center. The medical ecosystem surrounding this site is not a future projection — it is an operational reality generating thousands of patient visits per week. This parcel sits at its center.
The demand fundamentals are among the strongest in the state. Zip code 32940 grew 23% between 2020 and 2025, adding over 10,000 residents — more than 300 times Brevard County's countywide growth rate. Median household income tops $118,900, more than 50% above the Florida median. The median age is 49.9, and that aging demographic consumes outpatient medical services at two to three times the rate of younger populations. Healthcare is the single largest employment category in the zip code. The dominant consumer profile carries a median net worth of $915,000 and accesses commercial insurance at rates that produce the highest-margin payer mix available to any medical tenant.
The site is zoned BU-1-A, with medical buildings and clinics permitted by right — no variance, no public hearing, no entitlement risk. Water, sewer, gas, and electric are already stubbed to the lot line, eliminating costly infrastructure work before a shovel hits the ground. Interstate 95 is less than 1.5 miles away via Pineda Causeway. The building envelope comfortably accommodates a two-story medical office building of approximately 23,000 square feet.
The vision is clear. A specialty medical office — orthopedics, neurology, physical therapy, dental, or a multi-tenant healthcare hub — built to serve a patient base that already lives here, already drives past this corner, and already trusts the brands that surround it.
Whatever the concept, the foundation is in place. The zoning is confirmed. The utilities are stubbed and ready. The neighbors are exactly who you want them to be. The only thing missing is the building — and that is the opportunity.
Location
State FL
County Brevard
Area 32940 - Melbourne/Viera
Zoning C LAND
Exterior
Community Features Street Lights
Utilities Available Electricity Available, Phone Available, Public, Sewer Available, Underground Utilities, Water Available
View City
Building
Lot Description Buildable, Central Business District, Compact Soil, Level, Paved
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Lease Option, Lease Purchase
Listing Terms Cash, Conventional, Lease Option, Lease Purchase
Special Listing Condition None
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