Some of the buildings that make up the hospital campus purchase are the Palmetto Medical Plaza at 7100 West 20th Avenue and the garage at 7160 West 20th Avenue as well as next-door physicians’ offices at 2001 West 68th Street and 2001 West 68th Street, records show.
Property owner Casto explored the option to redevelop the space for apartments.
The deal includes the 459-bed Florida Medical Center, office buildings and a a medical office mall.
The 14-acre property sold for $32 million.
The deal more than doubles Steward’s presence in Florida, which includes Melbourne Regional Medical Center, Rockledge Regional Medical Center and Sebastian River Medical Center.