(850) 231-7896

Properties

Search By Neighborhood

5908 Houston Lane, Crestview, FL 32539

$5,400,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 1,259,755 Status: Active
Current Price: $5,400,000 List Date: 11/30/2022 Last Modified: 11/24/2025

Description

Exceptional investment opportunity to purchase 28.92 acres of Mixed Use Commercial Land located in the flourishing growth area of Crestview, FL. This gorgeous property boasts 725 linear feet on Highway 85 North and over 1,500 linear feet around Houston Lane, wrapping the entire western, northern, and eastern sides of the property, promoting excellent traffic circulation and access. The property's inherent beauty and land use permit various uses, including but not limited to Assisted Living, Multi-Family, Medical, and Commercial Retail.

More Information MLS# 912677

Contract Info

GCCMLS Number: 30826161 Listing Board: Emerald Coast List Date: 2022-11-30 List Price: $5,400,000

Location, Tax and Legal

Sub Area: 2505 - Auburn & Garden City Property Name: MULTIFAMILY PARCEL Legal Description: SE1/4 OF NW1/4 LESS DOT R/W & EX PARTS SOLD

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: No Zoning: MU COMMERCIAL Lot Frontage: 2225 Future Land Use: MU COMMERCIAL Acreage: 28.92

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Exceptional investment opportunity to purchase 28.92 acres of Mixed Use Commercial Land located in the flourishing growth area of Crestview, FL. This gorgeous property boasts 725 linear feet on Highway 85 North and over 1,500 linear feet around Houston Lane, wrapping the entire western, northern, and eastern sides of the property, promoting excellent traffic circulation and access. The property's inherent beauty and land use permit various uses, including but not limited to Assisted Living, Multi-Family, Medical, and Commercial Retail.

Class

Land: 1

Construction Status

Proposed: 1

Land

Property Type: Multi-Family

None

Current Price: $5,400,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 25 - Crestview Area Street #: 5908 Street Name: Houston Street Suffix: Lane State: FL Zip Code: 32539 County: Okaloosa Parcel ID: 33-4N-23-0000-0017-0040

Property Features

Class: Land Construction Status: Proposed
Listing Office: NBI Properties Inc
Last Updated: November - 24 - 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.

Grayton Corners | 32 East County Highway 30-A, Suite J | Santa Rosa Beach, FL 32459
Office: 850.231.7896 | Toll Free: 866.533.3429 | Email Us
G. Gay Landreth, Managing Member and Broker

Brokerage commissions are not set by law and are fully negotiable.
Copyright © 1999 - 2026 La Florida. All Rights Reserved.
Terms of Use | Privacy Statement