3-Suite Medical Office
New
For Sale
$5,900,000
320-370 W Redstone Avenue, Crestview, FL 32536
Commercial for Sale, Crestview, FL
Property SizeContact for details
Lot Size1.97 Acres
Days on Market6
Property Features for 320-370 W Redstone Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Professional
Directions
Heading North on 85 turn left on Redstone Avenue. Property is behind North Okaloosa Surgery Center-West on Redstone Avenue.
Subdivision
25 - Crestview Area
Special listing conditions
In Foreclosure, Real Estate Owned
Standard status
Active
APN
29-3N-23-0440-0300-0010
Lot size
1.97 Acres
Taxes and HOA fees
Tax Description
CRESCENT PARK PH I LOT 1 BLK 300
Legal Description
CRESCENT PARK PH I LOT 1 BLK 300
Listing Agency:
ERA American Real Estate · ERA Real Estate
(850) 678-1196
Listed By:
Kim D Francks · License #3458165
(850) 803-6588
Added: Sep 30
Last Checked: Oct 5 at 11:06PM
MLS# 1013035
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office property comprises approximately 15,000 square feet across three suites of approximately 5,000 square feet each. Healthcare-related tenants occupy all of the space, with long-term leases in place. The property is zoned Professional and operates under a triple-net lease structure, with contractual rental income and rent growth. The existing leases produce positive monthly cash flow, according to the property information.
The property is located less than one mile from the local hospital, with access to I-10 and major Crestview corridors.
The property is located less than one mile from the local hospital, with access to I-10 and major Crestview corridors.
Key Highlights
- Approximately 15,000 square feet across three suites of approximately 5,000 square feet each
- 100% occupied by healthcare‑related tenants
- Long‑term lease commitments with a triple‑net structure
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
795
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32536, FL
25,807
Population
9,379
Households
2.8
Avg Household Size
34
Median Age
27%
College-Educated
93%
High-School Grad
42.5 sq mi
ZIP Area
607
Density / Sq Mi
$82,643
Median Household Income
$40,845
Median Earnings
$1,351
Median Rent
$280,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Healthcare tenants occupy the suites under long-term commitments and a triple-net lease structure.
Where is this medical office space located?
The property is located at 320-370 W Redstone Avenue Crestview, FL.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Approximately 15,000 square feet across three suites of approximately 5,000 square feet each; 100% occupied by healthcare‑related tenants; Long‑term lease commitments with a triple‑net structure
