$79,900

552 Reed Ave Crestview, FL 32539

Estimated payment $559/month

3 Beds
1 Bath
960 Sq Ft
$83 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • Corner Lot
  • Cooling Available
  • Florida Architecture
  • Porch
  • Living Room

About This Home

INVESTOR SPECIAL! Great opportunity for a FULL REHAB project situated on FOUR LOTS in a quiet street right in the heart of Crestview! Endless potential--restore the existing home for your next FIX-AND-FLIP, or take advantage of the lot split and build FOUR NEW CONSTRUCTION homes! Zoned Mixed Use, which also allows for commercial structures if desired. Prime location with strong rental and resale appeal. CASH ONLY sale--property will NOT qualify for typical financing. CAUTION: Protective gear is recommended as mold is believed to be present. Enter at your own risk. Unbeatable proximity to major employers & military bases- approximately 10 miles to Duke Field/ 7th Special Forces Group, 21 miles to Eglin AFB, and 30 miles to Hurlburt Field. Don't miss this high-upside INVESTMENT OPPORTUNITY!

Listing Agent

Rachael Baker

Coldwell Banker Realty License #3593744 Listed on: 04/14/2026

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,585

Year Built

  • Built in 1957

Lot Details

  • 22,651 Sq Ft Lot
  • Lot Dimensions are 112x200
  • Corner Lot
  • Level Lot
  • Property is zoned City, Commercial, Resid Multi-Family, Resid Single Family

Home Design

  • Florida Architecture
  • Metal Roof
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Riverside Elementary School
  • Shoal River Middle School
  • Crestview High School

Utilities

  • Cooling Available
  • Propane
  • Phone Available
  • Cable TV Available

Community Details

  • Crestview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-3N-23-2490-0147-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,585

Year Built

Built in 1957

Lot Details

0.52 Acres

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Lot Size: 112X200
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: CRESTVIEW
  • Directions: From S Ferdon Blvd: Turn East onto Edney Ave E, then take an immediate Left onto Reed Ave. Home will be 1/3 of a mile on your Left (Corner of Reed and S Rayburn).
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1957
  • Remarks Misc:Remarks: INVESTOR SPECIAL! Great opportunity for a FULL REHAB project situated on FOUR LOTS in a quiet street right in the heart of Crestview! Endless potential--restore the existing home for your next FIX-AND-FLIP, or take advantage of the lot split and build FOUR NEW CONSTRUCTION homes! Zoned Mixed Use, which also allows for commercial structures if desired. Prime location with strong rental and resale appeal. CASH ONLY sale--property will NOT qualify for typical financing. CAUTION: Protective gear is recommended as mold is believed to be present. Enter at your own risk. Unbeatable proximity to major employers & military bases- approximately 10 miles to Duke Field/ 7th Special Forces Group, 21 miles to Eglin AFB, and 30 miles to Hurlburt Field. Don't miss this high-upside INVESTMENT OPPORTUNITY!
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Area: Yes
  • Utilities:Gas - Propane: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Master Bedroom:First: Yes

Exterior Features

  • Lot Features: Corner, Level
  • Construction Type: Siding Vinyl, Trim Vinyl
  • Patio And Porch Features: Porch
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Lot Features:Corner: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info:Garage2: No

Utilities

  • Cooling: AC - None
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Propane, Phone, Public Water, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Riverside
  • High School: Crestview
  • Middle Or Junior School: Shoal River

Lot Info

  • Lot Size Sq Ft: 22651.2
  • Parcel #: 17-3N-23-2490-0147-0080
  • Zoning: City, Commercial, Resid Multi-Family, Resid Single Family

Tax Info

  • Tax Annual Amount: 1585.21
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $1,585 $115,407 $61,922 $53,485
2024 $1,349 $95,277 $43,302 $51,975
2023 $1,349 $97,970 $40,469 $57,501
2022 $1,252 $91,919 $37,821 $54,098
2021 $1,122 $74,683 $36,000 $38,683
2020 $1,029 $68,264 $33,000 $35,264
2019 $883 $51,869 $22,434 $29,435
2018 $832 $48,467 $0 $0
2017 $834 $47,948 $0 $0
2016 $843 $48,682 $0 $0
2015 $379 $46,406 $0 $0
2014 -- $46,042 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2026 04/14/26 For Sale $79,900 +99.8% $83 / Sq Ft
04/13/2016 04/13/16 Sold $40,000 0.0% $42 / Sq Ft View Prior Sale
03/24/2016 03/24/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $40,000 -- $42 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 Attorney
Warranty Deed $14,500 The Main Street Land Title C
Warranty Deed $38,000 The Main Street Land Title C
Warranty Deed $32,700 Surety Land Title Of Florida
Quit Claim Deed -- None Available
Corporate Deed $16,000 --
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 1000638

Emerald Coast Association of REALTORS®

APN: 17-3N-23-2490-0147-0080

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