$5,900,000
Crestview, FL 32536
MLS# 1013035
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Property Description
100% OCCUPIED MEDICAL OFFICE INVESTMENT | LONG-TERM TENANTS | POSITIVE CASH FLOW Exceptional opportunity to acquire a fully occupied, income-producing medical office complex in the growing Crestview market. This approximately 15,000-square-foot commercial medical property consists of three approximately 5,000-square-foot suites with established healthcare-related tenants and long-term lease commitments.
Details
Contract Info
GCCMLS Number: 30856285
Listing Board: Emerald Coast
List Date: 2026-09-30
List Price: $5,900,000
Location, Tax and Legal
Sub Area: 2502 - Crestview Southwest
Legal Description: CRESCENT PARK PH I LOT 1 BLK 300
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: Yes
Zoning: Professional
Acreage: 1.97
Listing Info, Tax & Legal
As Is: No
Remarks & Misc
Remarks: 100% OCCUPIED MEDICAL OFFICE INVESTMENT | LONG-TERM TENANTS | POSITIVE CASH FLOW
Exceptional opportunity to acquire a fully occupied, income-producing medical office complex in the growing Crestview market. This approximately 15,000-square-foot commercial medical property consists of three approximately 5,000-square-foot suites with established healthcare-related tenants and long-term lease commitments.
Sale Type
Real Estate Owned: 1
Class
Office: 1
Construction Status
Existing: 1
Office
Year Built: 2002
Property Type: Medical
# of Units: 3
None
Current Price: $5,900,000
Status Change Info
Status: Active
Location Tax and Legal
Area: 25 - Crestview Area
Street #: 320-370
Street Direction: W
Street Name: Redstone
Street Suffix: Avenue
State: FL
Zip Code: 32536
County: Okaloosa
Parcel ID: 29-3N-23-0440-0300-0010
Property Features
Class: Office
Construction Status: Existing
Sale Type: Real Estate Owned
Supplements
Income is in place from day one. The property offers positive monthly cash flow, a triple-net lease structure, contractual rental income, and limited landlord operating responsibilities--an attractive combination for investors seeking a stabilized commercial real estate asset without the uncertainty and expense associated with lease-up.
Strategically located less than one mile from the local hospital with convenient access to I-10 and major Crestview corridors, the complex is positioned within a growing Northwest Florida market.
INVESTMENT HIGHLIGHTS: 100% occupancy " Long-term tenants " Approximately 15,000 SF " Three approximately 5,000 SF suites " NNN lease structure " Positive monthly cash flow " Contractual rent growth " Minimal landlord responsibilities " Well-maintained property " No known significant deferred capital expenditures " Excellent hospital and I-10 proximity.
This is an opportunity to acquire more than commercial real estate -it is an established income-producing investment with tenants, leases, and cash flow already in place.
Listing Office: ERA American Real Estate
Last Updated: October - 01 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
