
$2,500,000
7965 Spyglass Hill Road
Viera, FL 32940
Listing updated: May 28, 2026 at 5:01 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
One or more photo(s) has been virtually staged. There are locations you find, and there are locations that find you. 7965 Spyglass Hill Road is the latter. 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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history30 days on market
- Status: ActiveApr 29, 2026
- Listed$2,500,000Apr 28, 2026
- Price increased$2,500,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 30
- County
- Brevard
- Price/sq ft
- $37
- Lot size
- 67,082 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- BU-1-A (12009C0438H)
- Annual taxes
- $35,642 (2026)
- Parcel #
- 2623079
- Zoning
- C LAND
- MLS #
- O6402958
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, Lease Option, Lease Purchase
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Phone Available, Public, Sewer Available, Underground Utilities, Water Available
Listing Details
- Listing date
- 2026-04-28
- On market date
- 2026-04-28
- Original list price
- $2,500,000
- MLS area
- 32940 - Melbourne/Viera
- Listing AOR
- Orlando Regional
- Status changed
- 2026-04-29
- Tax legal description
- PART OF NW 1/4 OF SW 1/4 LYING S OF SPYGLASS HILL RD AS DESC IN ORB 8972 PG 841
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I 95 Head east on Wickham Rd. Turn North at first light on Murrell Rd. then East on Sypglass Hill and then property will be on the south side of street. Right next to DEUK Spine Institute.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of May 28, 2026 at 5:01 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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