NOT LISTED FOR SALE

721 Arbor Lake Dr Crestview, FL 32536

Estimated Value: $186,651 - $219,000

2 Beds
2.5 Baths
1,200 Sq Ft
$169/Sq Ft Est. Value

Highlights

  • Newly Painted Property
  • Walk-In Pantry
  • Breakfast Bar
  • Community Pool
  • Cooling Available
  • Open Patio

About This Home

As of July 2021

Property Id: 898449

Welcome to Arbor Lake Townhomes, a luxury rental community. Each unit at Arbor Lake was constructed in 2009 and consists of 1,200 square feet (much larger than other apartments in Crestview). There are two master bedrooms, each with a spacious walk-in closet and its own master bathroom, as well! There is a half bath on the first floor with hookups for a washer and dryer. The chef's kitchen offers cherry cabinets, granite countertops, and stainless steel appliances including a dishwasher. There is also a sizable pantry closet for additional storage in the kitchen. Take a swim in our onsite saltwater gunite swimming pool. There is a pool house with Men's and Women's bathrooms as well as a picnic table and community grill.
There is ample parking on the property for 2 vehicles per unit and overflow parking for guests of the property. We are a pet-friendly community and both dogs and cats are welcome and encouraged at Arbor Lake.

Last Agent to Rent the Property

CHR Rental Team

Carriage Hills Realty Inc Listed on: 06/17/2021

Last Renter's Agent

Joyce Anderson

Carriage Hills Realty Inc License #3260106

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 2009

Lot Details

  • 871 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Newly Painted Property
  • Vinyl Trim
  • Three Sided Brick Exterior Elevation
  • Cement Board or Planked

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Vinyl Flooring
  • Exterior Washer Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Outdoor Features

  • Open Patio

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 07-3N-23-1101-0000-0721

Community Details

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool

Additional Features

  • Arbor Lake Phase 1 Subdivision
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,023

Year Built

Built in 2009

Lot Details

0

Rental Info

  • Lease Term: 1 Year
  • Rental Info Lease Start Date: 2021-07-12

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.02
  • Subdivision Name: ARBOR LAKE PHASE 1
  • Directions: AT HWY 85 AND HWY 90 TURN WEST ONTO HWY 90. TAKE THE FIRST IMMEDIATE RIGHT ONTO PEARL STREET. FOLLOW PEARL STREET DOWN 3 STOP SIGNS UNTIL YOU PASS THE BALL FIELD (BEHIND RICHBOURG MIDDLE SCHOOL). ARBOR LAKES WILL BE ON YOUR LEFT
  • Architectural Style: Townhome
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 2009
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Lease Terms:_one_ Year: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Vinyl, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup, Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Lot Features: Dead End
  • Construction Type: Siding Brick Some, Siding CmntFbrHrdBrd, Trim Vinyl
  • Exterior Features: Patio Open
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Patio Open: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Dead End: Yes
  • ConstructionSiding:Siding Brick Some: Yes

Garage/Parking

  • Parking Features: Other
  • General Property Info:Garage2: No
  • Parking Features:Other3: Yes

Utilities

  • Utilities Paid By All Utilities: Tenant

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Picnic Area, Pool

Schools

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

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 07-3N-23-1101-0000-0721
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2016
Sold by
Arbor Lakes Llc
Bought by
Florida Growth Properties Llc
Current Estimated Value
$202,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,710,000
Outstanding Balance
$1,061,476
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
-$858,813
Source: Public Records

Range of Values:

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Average Value
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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
Florida Growth Properties Llc $1,900,000 Allure Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florida Growth Properties Llc $1,710,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2025 08/06/25 Off Market $1,475 -- --
07/02/2025 07/02/25 For Rent $1,475 -7.8% --
07/07/2021 07/07/21 Rented $1,600 0.0% --
07/07/2021 07/07/21 Under Contract -- -- --
06/17/2021 06/17/21 For Rent $1,600 +64.1% --
06/10/2019 06/10/19 Rented $975 0.0% --
06/10/2019 06/10/19 Under Contract -- -- --
05/24/2019 05/24/19 For Rent $975 0.0% --
10/24/2018 10/24/18 Rented $975 0.0% --
10/24/2018 10/24/18 Under Contract -- -- --
07/11/2018 07/11/18 For Rent $975 +14.7% --
07/25/2016 07/25/16 Rented $850 0.0% --
07/25/2016 07/25/16 Under Contract -- -- --
07/12/2016 07/12/16 For Rent $850 +13.3% --
12/21/2015 12/21/15 Off Market $750 -- --
12/08/2015 12/08/15 Rented $800 0.0% --
12/08/2015 12/08/15 Under Contract -- -- --
11/09/2015 11/09/15 For Rent $800 -5.9% --
10/23/2015 10/23/15 Rented $850 0.0% --
10/23/2015 10/23/15 Under Contract -- -- --
09/15/2015 09/15/15 For Rent $850 +6.3% --
03/09/2015 03/09/15 Rented $800 0.0% --
03/09/2015 03/09/15 Under Contract -- -- --
12/31/2014 12/31/14 For Rent $800 -5.9% --
12/15/2014 12/15/14 Rented $850 0.0% --
12/15/2014 12/15/14 Under Contract -- -- --
09/15/2014 09/15/14 For Rent $850 +13.3% --
07/18/2012 07/18/12 Rented $750 0.0% --
07/18/2012 07/18/12 Under Contract -- -- --
06/08/2012 06/08/12 For Rent $750 -- --
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 $2,023 $137,177 $15,000 $122,177
2023 $2,023 $133,250 $15,000 $118,250
2022 $1,788 $109,841 $10,000 $99,841
2021 $1,528 $92,001 $10,000 $82,001
2020 $1,455 $93,294 $10,000 $83,294
2019 $1,277 $75,047 $10,000 $65,047
2018 $1,285 $74,845 $0 $0
2017 $1,266 $72,738 $0 $0
2016 $1,354 $78,152 $0 $0
2015 $1,427 $80,620 $0 $0
2014 $1,333 $80,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 874677

Emerald Coast Association of REALTORS®

APN: 07-3N-23-1101-0000-0721