Arbor Lake Townhome
For Sale
$2,650,000
737 Arbor Lake Drive, Crestview, FL 32536
12.84-acre subdivision with completed infrastructure and shovel-ready pad sites.
Property Size1,250 SF
Lot Size12.84 Acres
Price / SF$2,120
Days on Market1238
Property Features for 737 Arbor Lake Drive
General Information
Standard status
Active
Size
1,250 SF
Lot size
12.84 Acres
Property subtype
Commercial
Listing Agency:
NBI PROPERTIES INC
(850) 243-0007
Listed By:
DENNIS FORTENBERRY · License #BK627640
Source:
Corcoran
Added: Apr 12, 2023
Changed: Aug 8
Last Checked: Aug 30 at 5:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NBI PROPERTIES INC
Investment Insights
Based on property information with market context.
The Arbor Lake Townhomes in Crestview, FL, comprise a 12.84-acre subdivision offered for sale in two phases. Phase I includes thirty-six publicly recorded pad sites on 3.31 acres of improved property. Horizontal improvements completed in 2012 include underground infrastructure, a road, curbing, street lighting, an HOA pool, a pool house, and an entrance sign. Each recorded pad site is shovel-ready for vertical improvements to accommodate thirty-six 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 acres, featuring views of Arbor Lake from a multi-tiered topography.
Key Highlights
- Shovel‑ready pad sites: Phase I includes 36 recorded pad sites ready for immediate vertical construction of townhomes.
- Existing infrastructure: Phase I features completed horizontal improvements including underground infrastructure, roads, curbing, street lighting.
- HOA amenities: Includes a completed HOA pool and pool house.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
Business Placement
Demographics for 32536, FL
25,807
Population
9,379
Households
2.8
Avg Household Size
34
Median Age
27%
College-Educated
93%
High-School Grad
42.5 sq mi
ZIP Area
607
Density / Sq Mi
$82,643
Median Household Income
$40,845
Median Earnings
$1,351
Median Rent
$280,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 12.84-acre subdivision with completed infrastructure and shovel-ready pad sites.
Where is this residential land & home lot located?
The property is located at 737 Arbor Lake Drive Crestview, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Shovel‑ready pad sites: Phase I includes 36 recorded pad sites ready for immediate vertical construction of townhomes.; Existing infrastructure: Phase I features completed horizontal improvements including underground infrastructure, roads, curbing, street lighting.; HOA amenities: Includes a completed HOA pool and pool house.
