XXX W JAMES LEE Boulevard, Crestview, FL 32539

$420,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 2,323,490 Status: Sold
Current Price: $499,950 List Date: 2/11/2016 Last Modified: 10/11/2024

Description

Reduced Price!! Motivated Seller! Bank Owned! Seller has a Topography Survey to convey with property! Development potential is expected to be for 160 single family lots or 450 Apartment sites! 53.34 acres of Prime Real Estate with 225 ft. of Hwy 90 Frontage. The current zoning is unassigned for the future owner to choose. City of Crestview states it can be used as PUD, Industrial or Mixed Use. The City says the best use is a Planned Unit Development with Highest and Best use is 15 unit per acre. This Dream development has endless possibilities of what could be designed. There is approximately a 4 acre lake located on the property that has the potential of lake front residential lots. The property consisting of all uplands with the exception of the lake. PROPERTY TO BE SOLD ''AS IS WHERE Is

More Information MLS# 746221

Contract Info

Listing Board: Emerald Coast List Date: 2013-03-29 List Price: $499,950

Location, Tax and Legal

Sub Area: 2502 - Crestview Southwest Property Name: WEST HWY 90 54.35 PRIME MIXED Legal Description: Lengthy legal, upon request or see Clerk of court recorded deed.

General Property Info

Vacant: Yes Immediate Occupancy: Yes Zoning: PUD Future Land Use: MEDIUM DENSITY RESIDENTIAL Acreage: 53.34

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Reduced Price!! Motivated Seller! Bank Owned! Seller has a Topography Survey to convey with property! Development potential is expected to be for 160 single family lots or 450 Apartment sites! 53.34 acres of Prime Real Estate with 225 ft. of Hwy 90 Frontage. The current zoning is unassigned for the future owner to choose. City of Crestview states it can be used as PUD, Industrial or Mixed Use. The City says the best use is a Planned Unit Development with Highest and Best use is 15 unit per acre. This Dream development has endless possibilities of what could be designed. There is approximately a 4 acre lake located on the property that has the potential of lake front residential lots. The property consisting of all uplands with the exception of the lake. PROPERTY TO BE SOLD ''AS IS WHERE Is

Sale Type

Real Estate Owned: 1

Class

Land: 1

Waterfront

Lake: 1 Waterfront Feet: 1400

Construction Status

N/A: 1

Land

Property Type: Commercial Price P/Acre: 9300

None

Current Price: $420,000

Status Change Info

Status: Sold Under Contract Date: 2016-08-29 Sold Date: 2016-11-01 Sold Price: $420,000

Location Tax and Legal

Area: 25 - Crestview Area Street #: XXX Street Direction: W Street Name: JAMES LEE Street Suffix: Boulevard State: FL Zip Code: 32539 County: Okaloosa Parcel ID: 18-3N-23-0000-0034-0080

Property Features

Class: Land Construction Status: N/A Waterfront: Lake Sale Type: Real Estate Owned
Listing Office: RE/MAX Agency One
Last Updated: October - 11 - 2024
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.