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Land with Owner Financing Available
For Sale
$475,000

418 Brookmeade Drive, Crestview, FL 32539

Commercial land suitable for rezoning with owner financing.

Property SizeContact for details
Lot Size1.47 Acres
Days on Market970

Property Features for 418 Brookmeade Drive

General Information

Standard status Active
Lot size 1.47 Acres
Property subtype Commercial
Listing Agency: COAST TO COAST PROPERTY BROKER
Listed By: PATTI A WATKINS · License #3311859
Source: Corcoran
Added: Dec 12, 2023 Changed: Aug 8 Last Checked: Aug 8 at 6:15AM

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 COAST TO COAST PROPERTY BROKER

Investment Insights

Based on property information with market context.

This commercial land is available with owner financing, requiring 20% down and offering 0% interest for up to a 5-year term. Currently zoned C2, it has been confirmed that the property can be rezoned to C1, potentially allowing for up to 36 apartments. This presents an opportunity for developing an income-producing property. The location is near a hospital, medical offices, medical facilities, shopping areas, and schools. There is an old home on the middle lot, which is given little to no value. Buyers are advised to verify all areas of importance, including lot size and zoning.

Key Highlights

  • Owner financing available: 20% down, 0% interest, up to a 5‑year term.
  • Confirmed potential for rezoning to C1, allowing up to 36 apartments.
  • Currently zoned C2, offering immediate commercial use.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Accounting Firm Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

805
Businesses Nearby

Demographics for 32539, FL

31,749
Population
12,642
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
93%
High-School Grad
127.9 sq mi
ZIP Area
248
Density / Sq Mi
$72,521
Median Household Income
$40,064
Median Earnings
$1,323
Median Rent
$272,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land suitable for rezoning with owner financing.
Where is this commercial land located?
The property is located at 418 Brookmeade Drive Crestview, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Owner financing available: 20% down, 0% interest, up to a 5‑year term.; Confirmed potential for rezoning to C1, allowing up to 36 apartments.; Currently zoned C2, offering immediate commercial use.
More about this property
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