$2,650,000
Crestview, FL 32536
MLS# 917472
1 / 41
Property Description
Arbor Lake Townhomes in Crestview, FL, is a 12.84-acre Subdivision being offered FOR SALE in Two (2) Phase; PHASE I 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. PHASE II offers 91 (formerly entitled) units of townhome density with single-car garages planned on 9.53 majestic acres, offering panoramic views of Arbor Lake from a multi-tiered topography reminiscent of the hill country of North Georgia. (cont. below)
Details
Contract Info
GCCMLS Number: 30835034
Listing Board: Emerald Coast
List Date: 2023-02-21
List Price: $2,650,000
Location, Tax and Legal
Sub Area: 2503 - Crestview Northwest
Property Name: Arbor Lake Townhomes
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: Yes
Vacant: Yes
Immediate Occupancy: No
Zoning: Multi-family
Future Land Use: Multi-Family
Acreage: 12.84
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: Arbor Lake Townhomes in Crestview, FL, is a 12.84-acre Subdivision being offered FOR SALE in Two (2) Phase;
PHASE I 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.
PHASE II offers 91 (formerly entitled) units of townhome density with single-car garages planned on 9.53 majestic acres, offering panoramic views of Arbor Lake from a multi-tiered topography reminiscent of the hill country of North Georgia. (cont. below)
Class
Multi-Family: 1
Waterfront
Lake: 1
Waterfront Feet: 1000 linear feet
Construction Status
Existing: 1
Under Construction: 1
Multi-Family
# of Units: 128
None
Current Price: $2,650,000
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: Multi-Family
Construction Status: Existing; Under Construction
Waterfront: Lake
Listing Office: NBI Properties Inc
Last Updated: November - 10 - 2025
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.
