Freestanding Medical Office
1395 El Rito St Gulf Breeze, FL
1395 El Rito St, Gulf Breeze, FL, 00000
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For Sale
Contact for pricing
High-visibility medical office with ample parking in Gulf Breeze, FL.
Property Size5,097 SF
Lot Size0.88 Acres
Price / SF$293.31
Days on Market309
Property Features for 1395 El Rito St
General Information
- Standard status
- Active
- Size
- 5,097 SF
- Lot size
- 0.88 Acres
- Property subtype
- OFFICE
Listing Agency
Neal & Company, LLC
(850) 287-0871
Listed by
Donald Neal, CCIM, SIOR
(850) 287-0871
Source
Moodyscre
Added: Sep 12, 2025 Checked: Jul 17 at 3:23 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Neal & Company, LLC
Investment Insights
Based on property information with market context.
This freestanding medical office building is located at the intersection of Gulf Breeze Parkway and El Rito Street. The property contains 5,097 square feet and includes 42 parking spaces, reflecting a ratio of 8.25 spaces per 1,000 square feet. The building is situated across from the Tiger Point Shopping Center, which houses a Winn-Dixie and CVS, and is near a McDonald's and Advanced Auto Parts. The interior layout features 9 to 10 exam rooms equipped with cabinetry and sinks, three physician's offices, and a dedicated lab space. There are four restrooms and a large reception area. A covered drop-off and pick-up area is available. The building's exterior has been recently painted.
Key Highlights
- High visibility free‑standing medical office building on Gulf Breeze Pkwy.
- 5,097 SF with ample parking (42 spaces, 8.25/1,000 SF).
- Located across from Tiger Point Shopping Center (Winn‑Dixie, CVS).
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.7k | $26.04 |
| − Vacancy | −$13.5k | −$2.66 |
| EGI | $119.2k | $23.38 |
| − OpEx | −$47.7k | −$9.35 |
| NOI | $71.5k | $14.03 |
5,097 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.02M
$893.9K – $1.19M
NOI $71,513 @ 7.0% cap · market cap 4.78%
Second Best
Office B
$859.8K
$752.3K – $1.00M
NOI $60,185 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$1.26M
$1.10M – $1.46M
NOI $87,856 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Parkway Animal Hospital — 1196 Gulf Breeze Pkwy, Gulf Breeze, FL 32561
- Dr. Michael Rennie, DVM — 1196 Gulf Breeze Pkwy, Gulf Breeze, FL 32561
FAQs
What type of property is this?
Medical Office Space - High-visibility medical office with ample parking in Gulf Breeze, FL.
Where is this medical office space located?
The property is located at 1395 El Rito St Gulf Breeze, FL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: High visibility free‑standing medical office building on Gulf Breeze Pkwy.; 5,097 SF with ample parking (42 spaces, 8.25/1,000 SF).; Located across from Tiger Point Shopping Center (Winn‑Dixie, CVS).
