Crestview Development Land - Airport Rd

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30855732
Property Subtypes: Residential (Single Family)
Status: Pending/Contingent
Gross Land Area: 10 Acres
Sale Price: $585,000
Unit Price: $58,500 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2023

Overview / Comments

Rare Opportunity! 10 Acres of Prime Residential Land in Okaloosa County with R1 Zoning - 4 Units per Acre!

Perfectly suited for your residential development aspirations, this remarkable 10-acre parcel boasts R1 zoning, allowing for a density of 4 units per acre, making it an exceptional investment opportunity for developers and investors alike.

Property Highlights:

1. Location, Location, Location: Nestled in beautiful Okaloosa County, this property enjoys proximity to schools, shopping, entertainment, and all the amenities the area has to offer. You'll find it conveniently situated for urban development.

2. Unlimited Potential: With a density of 4 units per acre, you have the flexibility to create an exclusive gated community, a charming residential neighborhood, or explore various development options to maximize your investment.

3. Natural Beauty: The property features stunning natural beauty, with mature trees, and the potential for landscaping that can enhance the charm of any residential development.

4. Investment Opportunity: In an area where housing is in high demand, this 10-acre parcel is an ideal investment for those looking to capitalize on the growing real estate market in Crestview in North Okaloosa County.

5. Infrastructure Access: The property benefits from nearby access to utilities and essential infrastructure, simplifying the development process.

Act fast on this great development parcel so close to town!

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 33-4N-23-0000-0038-0000
Property Visibility: Excellent
Legal Description: BEG SW COR SE1/4 E 1307.7 FT TO SE COR SW1/4 OF SE1/4 N 413.4 FT N 88 DEG 45 MIN W 1308.0 THC S 450.8 FT TO BEG & N 2A OF S 15A OF SW OF SE LESS THE W300 FT THEREOF
Largest Nearby Street: Airport Road
Feet of Frontage: 900
Zoning Description: Okaloosa County - R1
Topography: Gently Sloping
Easements: Utilities
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,088 17,383 32,502
Median Age: 40.07 37.85 35.97
Households: 1,858 6,476 12,094


Photograph of Listing Agent

Jeffrey Fontenot LLC

Coldwell Banker Residential Pensacola
Gulf Coast CMLS Member
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