000 N Pearl Street, Crestview, FL 32536 (MLS# 940030)

000 N Pearl Street, Crestview, FL 32536

$1,355,000

Ph I Arbor Lake Dr. Entranace and 9 Town

Ph I 8 Townhome Pad Sites overlooking Ph

Ph I Townhome Pad Sites Overlooking Ph I

Ph I Duplex Units fronting Arbor Lake Dr

Future Easement into Ph II and 74 Townho

View of Arbor Lake from northside of pro

Arbor Lake Sub-Surface Infrastructure Im

4 Unit Pad Site Front Elevations - 1,755

8 Unit Pad Site Front Elevations - 1,755

Aerial Picture 4 & 8 Unit Pad Site - 1,7

Front & Rear Elevation Measurements -175

Property Type: Commercial for Sale Lot Size (sq. ft.): 373,745 Status: Active

Current Price: $1,355,000 List Date: 7/12/2024 Last Modified: 1/09/2026

Description

PHASE II of Arbor Lake includes 74 (formerly entitled) units of townhome density with single-car garages planned on 8.58 majestic acres offering panoramic views of Arbor Lake from a multi-tiered topography reminiscent of the hill country of North Georgia. Phase II of Arbor Lake comes with all engineering work, the lift station for both phases of development under City management, a pristine lake, 50% of underground infrastructure for 74 units of planned density, and 100% of all horizontal improvements, inclusive of underground infrastructure; sewer, water, stormwater drainage, roads, curbs, pool and pool house, street lights, and entrance sign of Arbor Lake Sub-Division.

More Information MLS# 940030

Contract Info

GCCMLS Number: 30865422 Listing Board: Emerald Coast List Date: 2024-01-13 List Price: $1,355,000

Location, Tax and Legal

Sub Area: 2503 - Crestview Northwest Property Name: PHASE II ARBOR LAKE Legal Description: MCCASKELL 2ND ADD LOTS 1 & 6 AND ALL OF VACATED ALLEY WEST THEREOF BK 2724 PG 1453 LESS CITY LIFT STATION LESS 44FT WIDE ENTRANCE FOR ARBOR LAKE PH 1 LESS ARBOR LAKE PH II

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Zoning: Commercial Future Land Use: R3 Multifamily Acreage: 8.58

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: PHASE II of Arbor Lake includes 74 (formerly entitled) units of townhome density with single-car garages planned on 8.58 majestic acres offering panoramic views of Arbor Lake from a multi-tiered topography reminiscent of the hill country of North Georgia. Phase II of Arbor Lake comes with all engineering work, the lift station for both phases of development under City management, a pristine lake, 50% of underground infrastructure for 74 units of planned density, and 100% of all horizontal improvements, inclusive of underground infrastructure; sewer, water, stormwater drainage, roads, curbs, pool and pool house, street lights, and entrance sign of Arbor Lake Sub-Division.

Class

Land: 1 Multi-Family: 1

Land

Property Type: Multi-Family

Multi-Family

# of Units: 91

None

Current Price: $1,355,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 25 - Crestview Area Street #: 000 Street Direction: N Street Name: Pearl Street Suffix: Street State: FL Zip Code: 32536 County: Okaloosa Parcel ID: 08-3N-23-1701-0000-001B

Property Features

Class: Land; Multi-Family

Listing Office: NBI Properties Inc

Last Updated: January - 09 - 2026

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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