Mixed-Use Land for Sale in Crestview, Florida

737 Arbor Lake Dr Crestview, FL 32536

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$2,650,000
12.84 acres
Active sale agoEst $18,994/mo

Arbor Lake Townhomes in Crestview, FL, is a 12.84-acre Subdivision being offered FOR SALE in Two (2) Phase;

PHASE I includes thirty-six (36) publicly recorded pad sites on 3.31 acres of 'improved' property, including all horizontal improvements: underground infrastructure, road, curbing, street lighting, HOA pool & pool house, and entrance sign completed in 2012. Each recorded pad site comes shovel-ready to receive vertical improvements for thirty-six (36) 1,250 square foot, two-bedroom, two-and-a-half bathroom townhome units.

PHASE II offers 91 (formerly entitled) units of townhome density with single-car garages planned on 9.53 majestic acres, offering panoramic views of Arbor Lake from a multi-tiered topography reminiscent of the hill country of North Georgia. (cont. below)

Directions

Heading north on Ferdon Avenue turn left onto James Lee Blvd and then take an immediate right onto N. Pearl Street for 1.2 miles and take left onto Arbor Lake Drive to enter Arbor Lake Townhome Sub-division.

Property details

Coordinates
30.7708, -86.5765
Community
Crestview Area
Zoning
Multi-family
Elevation
220 feet
MLS Number
ECARMLS 917472
Date Posted

Legal description

Parcels

  • 07-3N-23-1101-0000-0CA0

This 12.84-acre property is located at 737 Arbor Lake Dr in Crestview, FL 32536 with latitude 30.7708 and longitude -86.5765. The property is currently available for sale for $2,650,000 with a price per acre of $206,386. Listing data is sourced from Emerald Coast Association of Realtors # 917472.

Verify sale details at the property source or contact NBI Properties at (850) 243-0007.

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Copyright (C) 2024 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.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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