$2,425,000
Crestview, FL 32536
MLS# 870265
Status: Sold
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Property Description
COURT PLAZA- Court Plaza is a 21,800sf retail center located at the intersection of South Ferdon Blvd. and Redstone Ave. in Crestview FL. This property has great visibility, plenty of parking and is conveniently located near the North Okaloosa Medical Center. Units range in size from 960sf to 3800sf with various floor plans and layouts available to accommodate a healthy Tenant mix. The City of Crestview's growth rate is out pacing the national rate by 37%. Five mile demographics for this site are: Population- 42,125 Households- 14,940 with an average household income of $79,000. Traffic counts at the intersection of Ferdon Blvd. and Redstone Ave. are 44,500 ADT. Excellent Location ,Controlled Intersection, 7.3% CAP Rate.
Details
Contract Info
GCCMLS Number: 30726182
Listing Board: Emerald Coast
List Date: 2021-04-22
List Price: $2,500,000
Location, Tax and Legal
Sub Area: 2501 Crestview Southeast
Legal Description: COM SE COR W1292.8 FT TO POB W300 FT TO E R/W N12 DEG E307.98 FT E140.1 FT S15.72 FT E205.72 FT S50 FT W71.8 FT S10 DEG W274.4 4 FT TO POB EX S33 FT AS SEE ADDITIONAL LEGAL ON TAX ROLL
General Property Info
Listed on GCCMLS: Yes
Lot Depth: 300
Lot Frontage: 300
Acreage: 1.98
Listing Info, Tax & Legal
As Is: No
Remarks & Misc
Remarks: COURT PLAZA- Court Plaza is a 21,800sf retail center located at the intersection of South Ferdon Blvd. and Redstone Ave. in Crestview FL. This property has great visibility, plenty of parking and is conveniently located near the North Okaloosa Medical Center. Units range in size from 960sf to 3800sf with various floor plans and layouts available to accommodate a healthy Tenant mix. The City of Crestview's growth rate is out pacing the national rate by 37%. Five mile demographics for this site are: Population- 42,125 Households- 14,940 with an average household income of $79,000. Traffic counts at the intersection of Ferdon Blvd. and Redstone Ave. are 44,500 ADT. Excellent Location ,Controlled Intersection, 7.3% CAP Rate.
Class
Retail: 1
Construction Status
Existing: 1
Retail
Year Built: 1987
# of Units: 14
None
Current Price: $2,425,000
Status Change Info
Status: Sold
Under Contract Date: 2021-05-06
Sold Date: 2021-07-06
Sold Price: $2,425,000
Location Tax and Legal
Area: 25 - Crestview Area
Street #: 2221
Street Direction: S
Street Name: Ferdon
Street Suffix: Boulevard
State: FL
Zip Code: 32536
County: Okaloosa
Parcel ID: 20-3N-23-0000-0146-0050
Property Features
Class: Retail
Construction Status: Existing
Listing Office: Taylor Allen Properties LLC
Last Updated: October - 13 - 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.
