737 Arbor Lake Drive, Crestview, FL 32536

$2,650,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 559,310 Status: Active
Current Price: $2,650,000 List Date: 1/10/2024 Last Modified: 11/10/2025

Description

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)

More Information MLS# 917472

None

Current Price: $2,650,000

Status Change Info

Status: Active

Contract Info

GCCMLS Number: 30835034 List Date: 2023-02-21 List Price: $2,650,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 25 - Crestview Area Street #: 737 Street Name: Arbor Lake Street Suffix: Drive State: FL Zip Code: 32536 County: Okaloosa Parcel ID: 07-3N-23-1101-0000-0CA0

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Immediate Occupancy: No Acreage: 12.84 Zoning: Multi-family Future Land Use: Multi-Family

Multi-Family

# of Units: 128

Waterfront

Waterfront Feet: 1000 linear feet

Property Features

Class: Multi-Family Construction Status: Existing; Under Construction Waterfront: Lake
Listing Office: NBI Properties Inc
Last Updated: November - 10 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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