RENTED JAN 23, 2026

721 Arbor Lake Dr Crestview, FL 32536

Estimated Value: $151,000 - $197,000

2 Beds
2.5 Baths
1,200 Sq Ft
$149/Sq Ft Est. Value

Highlights

  • Screened Pool
  • Walk-In Pantry
  • Patio
  • Wood Flooring
  • Double Pane Windows
  • Living Room

About This Home

As of January 2026

This property qualifies for Security Deposit Options! Move in without having to have the security deposit paid upfront! Contact Spence Properties for more details! Spacious and stylish, this upgraded 2-bedroom home is designed for comfort and convenience! Each bedroom includes its own private en suite bathroom, offering the perfect blend of privacy and functionality. Step inside the open-concept living area and enjoy beautiful wood laminate flooring that flows throughout the main level. The kitchen is a showstopper—complete with granite countertops, a smooth-top stove, built-in microwave, dishwasher, breakfast bar, and a pantry with custom shelving. You'll also love the thoughtful extras like a built-in charging desk, smart locks, French doors, and upgraded flooring. Sparkling pool & more

Last Agent to Rent the Property

Tiffany Spence

Spence Properties License #3134551 Listed on: 01/18/2026

Co-Listed By

Daylin Spence

Spence Properties License #3644219

Last Renter's Agent

Tiffany Spence

Spence Properties License #3134551 Listed on: 01/18/2026

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2009

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 50 x 50
  • Street terminates at a dead end
  • Cleared Lot

Home Design

  • Exterior Columns

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Screened Pool
  • In Ground Pool

Outdoor Features

  • Patio
  • Built-In Barbecue

Schools

  • Northwood Elementary School
  • Davidson Middle School
  • Crestview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • Arbor Lake Ph 1 Subdivision
  • Handicap Modified Features In Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2009

Lot Details

871 Sq Ft Lot

Rental Info

  • Lease Term: 1 Year
  • Rental Info Lease Start Date: 2026-01-23

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.02
  • Lot Size: 50 x 50
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: E3DR
  • Co List Office Phone: 850-826-1838
  • Subdivision Name: Arbor lake Ph 1
  • Directions: From E North Ave, Turn onto Arbor Lake Dr.
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 2009
  • Remarks Misc:Remarks: This property qualifies for Security Deposit Options! Move in without having to have the security deposit paid upfront! Contact Spence Properties for more details! Spacious and stylish, this upgraded 2-bedroom home is designed for comfort and convenience! Each bedroom includes its own private en suite bathroom, offering the perfect blend of privacy and functionality. Step inside the open-concept living area and enjoy beautiful wood laminate flooring that flows throughout the main level. The kitchen is a showstopper—complete with granite countertops, a smooth-top stove, built-in microwave, dishwasher, breakfast bar, and a pantry with custom shelving. You'll also love the thoughtful extras like a built-in charging desk, smart locks, French doors, and upgraded flooring. Sparkling pool & more
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Floor Hardwood, Floor Laminate, Floor Tile
  • Interior Amenities: Lighting Recessed, Pantry, Split Bedroom, Washer/Dryer Hookup
  • Window Features: Window Treatment All, Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Hardwood: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Floor Laminate: Yes

Exterior Features

  • Lot Features: Cleared, Curb & Gutter, Dead End, Level, Sidewalk
  • Pool Features: Pool - In-Ground, Pool Type
  • Exterior Features: BBQ Pit/Grill, Columns, Pool - Enclosed, Dumpster
  • Patio And Porch Features: Patio Open
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Exterior:Patio Open: Yes
  • Lot Features:Dead End: Yes
  • Exterior:Pool - Enclosed: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:Columns: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:BBQ PitGrill: Yes
  • Lot Features:Curb Gutter: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Cntrl Electric
  • Heating Yn: Yes
  • Utilities Paid By All Utilities: Tenant
  • Utilities Paid By Yard Maintenance: Owner

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dumpster, Handicap Provisions, Pavillion/Gazebo, Picnic Area, Pool

Schools

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

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 07-3N-23-1101-0000-0721
  • Zoning: Resid Single Family

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
$178,414

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
$1,034,051
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
-$855,637
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
01/23/2026 01/23/26 Rented $1,350 0.0% --
01/18/2026 01/18/26 For Rent $1,350 -8.5% --
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 +6.3% --
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 -- --
Source: Emerald Coast Association of REALTORS®

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 $2,244 $141,379 $15,000 $126,379
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: 993115

Emerald Coast Association of REALTORS®

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

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