About This Property
Description from listing agentThere 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 and the Surgery Center of Viera. Zip code 32940 grew 23% between 2020 and 2025. Median household income tops $118,900 -- more than 50% above the Florida median. The median age is 49.9, driving outpatient medical demand at two to three times the rate of younger populations. Zoned BU-1-A with medical buildings permitted by right. All utilities stubbed to the lot line. I-95 less than 1.5 miles away. The building envelope accommodates a two-story medical office of approximately 23,000 square feet -- orthopedics, dental, neurology, physical therapy, or multi-tenant healthcare. The zoning is confirmed. The utilities are in. The neighbors are exactly who you want them to be. Ready to build, call now.
Space Coast Context
🚀 Launch Viewing — Good Views
23.8 mi from SLC-40
23.8 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.
Estimated flood insurance: $2,000 – $6,000+ / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
Get DirectionsAdditional Details
Schools
Elementary
Quest
Middle School
DeLaura
High School
Viera
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $13,172
- Property taxes
- $2,500
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $2.5M price — down payment shown: $500,000.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
