737 Arbor Lake Dr, CRESTVIEW, FL

$2,650,000

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559,310

Square feet

12.84

Acres

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)

Legal Description

Parcel I.D.: 07-3N-23-1101-0000-0CA0 - LAKE PH I COMMON AREA,ROADS, EASEMENTS AND RECREATIONAL AREASParcel 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

Features of 737 Arbor Lake Dr

MLS® # 917472
Price $2,650,000
Square Footage 559,310
Acres 12.84
Type Commercial Sales
Status Active

Community Information

Address 737 Arbor Lake Dr
Area Crestview Area
Subdivision
City CRESTVIEW
County OKALOOSA
State FL
Zip Code 32536

Amenities

Is Waterfront Yes
Waterfront Lake

Additional Information

Zoning Multi-family
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNBI Properties Inc

Price History for MLS #917472

Date Details Change
Price Reduced from $3,500,000 to $2,650,000 $850,000 (24.29%)
Price Reduced from $5,990,000 to $3,500,000 $2,490,000 (41.57%)

For more information call

(850) 325-0004

Listing Map

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