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737 Arbor Lake Drive, Crestview, FL 32536

$1,425,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 144,184 Status: Active
Current Price: $1,425,000 List Date: 1/14/2024 Last Modified: 1/09/2026

Description

Phase I of Arbor Lake Townhomes in Crestview, FL sits on 3.31-acres. Abor Lake Subdivision is being offered FOR SALE in Two (2) Phase. This listing consists of PHASE I of the sales package that 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.

More Information MLS# 940015

Contract Info

GCCMLS Number: 30865412 Listing Board: Emerald Coast List Date: 2024-01-13 List Price: $1,425,000

Location, Tax and Legal

Sub Area: 2503 - Crestview Northwest Property Name: Arbor Lake Legal Description: Parcel I.D.: 07-3N-23-1101-0000-0CA0 - LAKE PH I COMMON AREA,ROADS, EASEMENTS AND RECREATIONAL AREAS Parcel I.D.: 08-3N-23-1701-0000-001B - 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: No Vacant: Yes Immediate Occupancy: No Zoning: Commercial Future Land Use: R3 Multifamily Acreage: 3.31

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Phase I of Arbor Lake Townhomes in Crestview, FL sits on 3.31-acres. Abor Lake Subdivision is being offered FOR SALE in Two (2) Phase. This listing consists of PHASE I of the sales package that 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.

Class

Land: 1 Multi-Family: 1

Land

Property Type: Multi-Family

Multi-Family

# of Units: 36

None

Current Price: $1,425,000

Status Change Info

Status: Active

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

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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