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Ad #6756014
MLS #1010582
Listing photo

10,200 SF freestanding medical building directly across the

577 Brookmeade Dr, Crestview, FL 32539
$2,200,000
--Beds
--Baths
--Sqft
1.01Acres

About this property

10,200 SF freestanding medical building directly across the street from North Okaloosa Medical Center, the only operating hospital between Pensacola and Fort Walton. Purpose-built for outpatient medical use, currently operating as one, and sitting on a 1 acre corner in the fastest growing corridor of the Panhandle. The primary suite (6,800 SF) is on a below-market gross lease running through May 2028, at which point the lease specifies repricing to market rent. The companion suite (3,400 SF) is available to a new owner within 90 days of closing under existing lease terms. You inherit contracted income covering carry, and you step into a mark-to-market reset conversation 21 months from now. The submarket is at 1.9% MOB vacancy per CoStar Q1 2026, so the reset has real teeth. This property offers medical-grade plumbing, aquatic therapy pool, treatment build-out, ADA-compliant restrooms, dual-meter utility separation, 40 parking spaces, and an ongoing maintenance program. Steel-frame construction, 2015 remodel, replacement cost $2.685M per current insurance carrier. Zoned mixed use, in Crestview city limits. The bigger story is the corridor: Williams International's $1B advanced aviation campus under construction 7 minutes north, 6,387 residential units approved and under construction, 78,000+ people in the 30-minute drive catchment, and Eglin AFB anchoring healthcare demand year-round. NOMC just delivered a $15M ED expansion with a cath lab pre-built. Best fit for a practice with a 22-month expansion plan, a physician-investor group, or a regional healthcare platform. Not a stabilized cap-rate play; a defined path to one. Full package including lease abstract, mark-to-market analysis with comps, floor plans, and specs on qualified inquiry.

Property Features

0 Beds
0 Baths
0 Sqft
1.01 Acres
Okaloosa County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Todd Siegrist

Dalton Wade

850-797-0627

Location

Map
Listing Agent: Todd Siegrist (License #: 3398226) 850-797-0627
Broker: Dalton Wade 727-888-4175 Listing Site
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.
BarrierFreeHome.com
Printed Sep 7, 2026

Photo Gallery

10,200 SF freestanding medical building directly across the - photo 1
10,200 SF freestanding medical building directly across the - photo 2
10,200 SF freestanding medical building directly across the - photo 3
10,200 SF freestanding medical building directly across the - photo 4
10,200 SF freestanding medical building directly across the - photo 5
10,200 SF freestanding medical building directly across the - photo 6
10,200 SF freestanding medical building directly across the - photo 7
10,200 SF freestanding medical building directly across the - photo 8
10,200 SF freestanding medical building directly across the - photo 9
10,200 SF freestanding medical building directly across the - photo 10
10,200 SF freestanding medical building directly across the - photo 11
10,200 SF freestanding medical building directly across the - photo 12
10,200 SF freestanding medical building directly across the - photo 13
10,200 SF freestanding medical building directly across the - photo 14
10,200 SF freestanding medical building directly across the - photo 15
10,200 SF freestanding medical building directly across the - photo 16
10,200 SF freestanding medical building directly across the - photo 17
10,200 SF freestanding medical building directly across the - photo 18
10,200 SF freestanding medical building directly across the - photo 19
10,200 SF freestanding medical building directly across the - photo 20
10,200 SF freestanding medical building directly across the - photo 21
10,200 SF freestanding medical building directly across the - photo 22
10,200 SF freestanding medical building directly across the - photo 23
10,200 SF freestanding medical building directly across the - photo 24

$2,200,000

--
Beds
--
Baths
--
Sqft

577 Brookmeade Dr, Crestview, FL 32539

By contacting this agent you agree to these Terms and Conditions.
Home Florida Crestview
10,200 SF freestanding medical building directly across the - photo 1
10,200 SF freestanding medical building directly across the - photo 2
10,200 SF freestanding medical building directly across the - photo 3
10,200 SF freestanding medical building directly across the - photo 4
10,200 SF freestanding medical building directly across the - photo 5
MLS# 1010582
Condo For Sale
$2,200,000

577 Brookmeade Dr, Crestview, FL 32539

--
Beds
--
Baths
--
Sqft
1.01
Acres
$2,200,000

577 Brookmeade Dr, Crestview, FL 32539

-- Beds
-- Baths
-- Sqft
1.01 Acres

10,200 SF freestanding medical building directly across the

10,200 SF freestanding medical building directly across the street from North Okaloosa Medical Center, the only operating hospital between Pensacola and Fort Walton. Purpose-built for outpatient medical use, currently operating as one, and sitting on a 1 acre corner in the fastest growing corridor of the Panhandle. The primary suite (6,800 SF) is on a below-market gross lease running through May 2028, at which point the lease specifies repricing to market rent. The companion suite (3,400 SF) is available to a new owner within 90 days of closing under existing lease terms. You inherit contracted income covering carry, and you step into a mark-to-market reset conversation 21 months from now. The submarket is at 1.9% MOB vacancy per CoStar Q1 2026, so the reset has real teeth. This property offers medical-grade plumbing, aquatic therapy pool, treatment build-out, ADA-compliant restrooms, dual-meter utility separation, 40 parking spaces, and an ongoing maintenance program. Steel-frame construction, 2015 remodel, replacement cost $2.685M per current insurance carrier. Zoned mixed use, in Crestview city limits. The bigger story is the corridor: Williams International's $1B advanced aviation campus under construction 7 minutes north, 6,387 residential units approved and under construction, 78,000+ people in the 30-minute drive catchment, and Eglin AFB anchoring healthcare demand year-round. NOMC just delivered a $15M ED expansion with a cath lab pre-built. Best fit for a practice with a 22-month expansion plan, a physician-investor group, or a regional healthcare platform. Not a stabilized cap-rate play; a defined path to one. Full package including lease abstract, mark-to-market analysis with comps, floor plans, and specs on qualified inquiry.
13 days
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Property Details

HOME DETAILS

0 Beds
0 Baths
0 Sqft
1.01 Acres

FINANCIAL & COMMUNITY

Okaloosa County

Location

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Ad Statistics

Ad Number
6756014
Viewed
15 times
Listing Status
Active
Added
Aug 25, 2026
Last Refreshed
Sep 07, 2026 07:35:34 PM

Listing Information

Data Source
Emerald Coast Association of Realtors
Source Property ID
1010582
Listing Agent: Todd Siegrist (License #: 3398226) 850-797-0627
Broker: Dalton Wade 727-888-4175 Listing Site
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.

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Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming
SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
Help Contact Us
ADDITIONAL MARKETS
LakeHouse.com MountainHomes.com BeachHouse.com GolfHomes.com
SUBSCRIBE
Receive notifications for new listings
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Facebook YouTube

Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 Wheelchair-accessible Housing & Universal Design Homes at Barrier Free Home
Part of Dream Home Network, Inc.
Last updated on 2026.09.07
Terms & Policy