NOT LISTED FOR SALE

10 +/- AC Airport Rd Crestview, FL 32539

Estimated Value: $119,000

10.58 Acres
$11,248 Price per Acre
460,865 Sq Ft Lot

Last Sold October 18, 2023

Last sale price $415,000

Current estimated payment $802/month

5 Days on Market

About This Lot

As of October 2023

Rare Opportunity! 10 Acres of Prime Residential Land in Okaloosa County with R1 Zoning - 4 Units per Acre!

Description:
Perfectly suited for your residential development aspirations, this remarkable 10-acre parcel boasts R1 zoning, allowing for a density of 4 units per acre, making it an exceptional investment opportunity for developers and investors alike.

Property Highlights:

1. Location, Location, Location: Nestled in beautiful Okaloosa County, this property enjoys proximity to schools, shopping, entertainment, and all the amenities the area has to offer. You'll find it conveniently situated for urban development.

2. Unlimited Potential: With a density of 4 units per acre, you have the flexibility to create an exclusive gated community, a charming residential neighborhood, or explore various development options to maximize your investment.

3. Natural Beauty: The property features stunning natural beauty, with mature trees, and the potential for landscaping that can enhance the charm of any residential development.

4. Investment Opportunity: In an area where housing is in high demand, this 10-acre parcel is an ideal investment for those looking to capitalize on the growing real estate market in Crestview in North Okaloosa County.

5. Infrastructure Access: The property benefits from nearby access to utilities and essential infrastructure, simplifying the development process.

Act fast on this great development parcel so close to town!

Last Agent to Sell the Property

The Proper Group

Coldwell Banker Realty License #BK3153120 Listed on: 09/13/2023

Last Buyer's Agent

Jenny Teel

Teel & Waters Real Estate Company Inc License #514158

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $514

Lot Details

  • 10.58 Acre Lot
  • Lot Dimensions are 450 x 991
  • Property fronts a county road
  • Wooded Lot
  • Property is zoned County, Resid Single

Schools

  • Walker Elementary School
  • Davidson Middle School
  • Crestview High School

Utilities

  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 33-4N-23-0000-0038-0000

Property Details

Property Type

Land

Est. Annual Taxes

$514

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 10.58
  • Lot Size: 450 x 991
  • Road Frontage Type: County Road
  • Road Surface Type: Paved Road
  • Subdivision Name: None
  • Directions: Hwy 85 North - Right on Airport Rd - Property on the left just after Houston Ln.
  • Remarks Misc:Remarks: Rare Opportunity! 10 Acres of Prime Residential Land in Okaloosa County with R1 Zoning - 4 Units per Acre! Description: Perfectly suited for your residential development aspirations, this remarkable 10-acre parcel boasts R1 zoning, allowing for a density of 4 units per acre, making it an exceptional investment opportunity for developers and investors alike. Property Highlights: 1. Location, Location, Location: Nestled in beautiful Okaloosa County, this property enjoys proximity to schools, shopping, entertainment, and all the amenities the area has to offer. You'll find it conveniently situated for urban development. 2. Unlimited Potential: With a density of 4 units per acre, you have the flexibility to create an exclusive gated community,
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Utilities:Tap Fee Due: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Electric, Public Water, Tap Fee Due

Schools

  • Elementary School: Walker
  • High School: Crestview
  • Middle Or Junior School: Davidson

Lot Info

  • Lot Size Sq Ft: 460864.8
  • Parcel #: 33-4N-23-0000-0038-0000
  • Zoning: County, Resid Single
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 513.95
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 10, 2023
Sold by
Grand Reserve Columbus Llc
Bought by
Cji Construction Llc
Seller's Agent
The Proper Group
Coldwell Banker Realty
Buyer's Agent
Jenny Teel
Teel & Waters Real Estate Company Inc
List Price
$585,000
Sold Price
$415,000
Premium/Discount to List
-$170,000
-29.06%
Views
6
Current Estimated Value
$119,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$296,000

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 9, 2022
Sold by
Lane Rouse Brenda
Bought by
Grand Reserve Columbus Llc
Seller's Agent
Tina Maples
ERA American Real Estate
Buyer's Agent
Tina Maples
Teel & Waters Real Estate Company Inc
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.12%

Purchase Details

Closed on
Jan 31, 2012
Sold by
Rouse Brenda Lane
Bought by
Rouse Brenda Lane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cji Construction Llc $415,000 Moulton Land Title
Grand Reserve Columbus Llc $275,000 Chesser & Barr Pa
Rouse Brenda Lane -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold $415,000 -29.1% --
09/18/2023 09/18/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $585,000 +112.7% --
03/10/2022 03/10/22 Sold $275,000 0.0% -- View Prior Sale
02/01/2022 02/01/22 For Sale $275,000 -- --
09/06/2021 09/06/21 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,134 $296,165 $296,165 --
2023 $2,134 $218,411 $218,411 $0
2022 $514 $49,752 $49,752 $0
2021 $486 $45,229 $45,229 $0
2020 $489 $45,229 $45,229 $0
2019 $497 $45,229 $45,229 $0
2018 $504 $45,229 $0 $0
2017 $514 $45,229 $0 $0
2016 $511 $45,229 $0 $0
2015 $528 $45,229 $0 $0
2014 $561 $47,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Proper Group

    Coldwell Banker Realty

  • J

    Buyer's Agent in 2023

    Jenny Teel

    Teel & Waters Real Estate Company Inc

    (850) 582-3821

    236 in this area

    395 Total Sales

    Jenny Teel
    Section Image
  • Tina Maples

    Seller's Agent in 2022

    Tina Maples

    ERA American Real Estate

    (850) 685-3654

    68 in this area

    113 Total Sales

    Tina Maples
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 932189

Emerald Coast Association of REALTORS®

APN: 33-4N-23-0000-0038-0000

Florida Okaloosa County Crestview 32539

10 +/- AC Airport Rd, Crestview, FL

Not Listed for Sale

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