737 Arbor Lake Drive

Vacant Land for Sale
Catylist Listing ID: 30835034
Property Subtypes: Multi-Family
Gross Land Area: 12.84 Acres
Sale Price: $5,990,000
Unit Price: $466,510 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2023

Overview / Comments

Arbor Lake Townhomes of Crestview is a 12.84 acre Sub-Division located in one of the fastest growing Cities in the State of Florida. Arbor Lake is a 'fully' entitled and partially improved Sub Division with 128 SHOVEL READY units available FOR SALE. Arbor Lake Townhomes is located one block from Northwood Elementary and Richbourg Middle School, and central to Crestview High School, Downtown Crestview, Duke Field & Eglin AFB, Fort Walton Beach/Destin Airport, and a short drive to the Emerald Coast's Beautiful Beaches. The 24 (existing) duplex units seen in the enclosed pictures are owned by an investor, and the 12 townhome units seen in the enclosed pictures are owned be either end users or investors who lease out the units

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Tax ID/APN: 07-3N-23-1101-0000-0CA0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,300 24,358 38,482
Median Age: 32.47 36 35.28
Households: 924 9,027 14,167

Contact

Photograph of Listing Agent

Craig Barrett

NBI Properties, Inc. Gulf Coast CMLS Member
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