552 Reed Avenue, Crestview, FL 32539

$79,900
Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 960 Lot Size (sq. ft.): 22,651 Status: Pending
Current Price: $79,900 List Date: 4/14/2026 Last Modified: 4/23/2026

Description

*Accepting Backup Offers!* Great opportunity for a FULL REHAB project situated on FOUR LOTS in a quiet street right in the heart of Crestview! Endless potential--restore the existing home for your next FIX-AND-FLIP, or take advantage of the lot split and build FOUR homes! Zoned Mixed Use, which also allows for commercial structures if desired. Prime location with strong rental and resale appeal. CASH ONLY sale--property will NOT qualify for typical financing. CAUTION: Protective gear is recommended as mold is believed to be present. Enter at your own risk. Unbeatable proximity to major employers & military bases- approximately 10 miles to Duke Field/ 7th Special Forces Group, 21 miles to Eglin AFB, and 30 miles to Hurlburt Field. Don't miss this high-upside INVESTMENT OPPORTUNITY!

More Information MLS# 1000638

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 83.23 List Date: 2026-04-14 Current Price: $79,900 List Price: $79,900

Location, Tax and Legal

Sub Area: 2501 Crestview Southeast Elementary School: Riverside Middle School: Shoal River High School: Crestview Legal Description: Crestview Lot 8, 9, 10 & 11 Blk 147

General Property Info

Sub-Type: Detached Single Family Design: Florida Cottage SqFt Source: County PA Records Immediate Occupancy: Yes Garage: No Carport: No Driveway Spaces: 2 Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 960 Bedrooms: 3 Full Baths: 1 Total Bathrooms: 1 # Stories: 1 Year Built: 1957 Acreage: 0.52

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: No Lease Expiration Dt: 2016-08-19 New Buyer Fee: No Last Taxes: 1585.21 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: *Accepting Backup Offers!* Great opportunity for a FULL REHAB project situated on FOUR LOTS in a quiet street right in the heart of Crestview! Endless potential--restore the existing home for your next FIX-AND-FLIP, or take advantage of the lot split and build FOUR homes! Zoned Mixed Use, which also allows for commercial structures if desired. Prime location with strong rental and resale appeal. CASH ONLY sale--property will NOT qualify for typical financing. CAUTION: Protective gear is recommended as mold is believed to be present. Enter at your own risk. Unbeatable proximity to major employers & military bases- approximately 10 miles to Duke Field/ 7th Special Forces Group, 21 miles to Eglin AFB, and 30 miles to Hurlburt Field. Don't miss this high-upside INVESTMENT OPPORTUNITY!

Construction Status

Construction Complete: 1

Lot/Parcel Access

City Road: 1 Paved Road: 1

Lot Features

Corner: 1 Level: 1

Construction/Siding

Roof Metal: 1 Siding Vinyl: 1 Trim Vinyl: 1

Utilities

Electric: 1 Gas - Propane: 1 Phone: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

City: 1 Commercial: 1 Resid Multi-Family: 1 Resid Single Family: 1 See Remarks: 1

Exterior

Porch: 1

Financing

None: 1

Energy

AC - None: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Full Bathroom

First: 1

Rooms

Bedroom: 1 Dining Area: 1 Full Bathroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Status Change Info

Status: Pending Under Contract Date: 2026-04-23

Location Tax and Legal

Area: 25 - Crestview Area Street #: 552 Street Name: Reed Street Suffix: Avenue State: FL Zip Code: 32539 County: Okaloosa Project Name/Subdivision: CRESTVIEW Parcel ID: 17-3N-23-2490-0147-0080

Property Features

Construction Status: Construction Complete Lot Features: Corner; Level Zoning: Commercial; Resid Multi-Family; Resid Single Family; See Remarks Exterior: Porch Utilities: Electric; Gas - Propane; Phone; Public Sewer; Public Water; TV Cable Energy: AC - None Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Bedroom; Dining Area; Full Bathroom; Kitchen; Living Room; Master Bedroom Financing: None

Room Information

Living Room Level: First Dimensions: 16.58 x 11.58 Length: 16.58 Width: 11.58 Dimensions: 16.58 x 11.58 Dining Area Level: First Dimensions: 11.66 x 8.5 Length: 11.66 Width: 8.50 Dimensions: 11.66 x 8.5 Kitchen Level: First Dimensions: 11.75 x 11.58 Length: 11.75 Width: 11.58 Dimensions: 11.75 x 11.58 Bedroom Level: First Dimensions: 11.58 x 9.66 Length: 11.58 Width: 9.66 Dimensions: 11.58 x 9.66 Master Bedroom Level: First Dimensions: 12.58 x 11.58 Length: 12.58 Width: 11.58 Dimensions: 12.58 x 11.58 Bedroom Level: First Dimensions: 12.66 x 9.16 Length: 12.66 Width: 9.16 Dimensions: 12.66 x 9.16 Full Bathroom Level: First Dimensions: 8 x 5 Length: 8.00 Width: 5.00 Dimensions: 8 x 5
Listing Office: Coldwell Banker Realty
Last Updated: April - 23 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.