
Commercial Land for Sale in Crestview, Florida
320-370 W Redstone Ave, Crestview, FL 32536
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. 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.
Location
- Street address
- 320-370 W Redstone Ave
- County
- Okaloosa County
- Zip code
- 32536
- Community
- Crestview Area
- Elevation
- 220 feet
Directions
Heading North on 85 turn left on Redstone Avenue. Property is behind North Okaloosa Surgery Center-West on Redstone Avenue.
Property details
- Acreage
- 1.97 acres85,813 sq ft
- Zoning
- Professional
- MLS #
- ECARMLS 1013035
- Posted
Parcels
- 29-3N-23-0440-0300-0010
Legal description
CRESCENT PARK PH I LOT 1 BLK 300
Details and features
Listing
- Type
- Commercial Sale
- Conditions
- In Foreclosure, Real Estate Owned
- Franchise
- ERA Real Estate
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 1, 2026 | New listing | $5,900,000 | — | ECARMLS |















