Arbor Lake Townhome
For Sale
$2,650,000
737 Arbor Lake Dr, 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 Market329
Property Features for 737 Arbor Lake Dr
General Information
Standard status
Active
Size
1,250 SF
Lot size
12.84 Acres
Property subtype
Commercial
Listing Agency:
NBI Properties Inc
Listed By:
Dennis Fortenberry · License #627640
(850) 428-3688
Source:
Emeraldcoasthomefinder
Added: Nov 20, 2025
Changed: Oct 1
Last Checked: Oct 14 at 11:10PM
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
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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
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Current Use
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
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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
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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 Dr 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.
