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000 Pearl Street - Arbor Lake Sub-Division - Phase II
9.53 Acres of Commercial Land Offered at $1,355,000 in Crestview, FL 32536
Investment Highlights
- 100% of Horizontal Improvements in place for 17 units and 50% of Underground Improvements for 74 units
- HOA Is In Place and Buyer Of Subject Property Controls HOA
- Community Lake, Pool, and Pool House
Executive Summary
Property Facts
| Price | $1,355,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 9.53 AC |
| Property Type | Land | Cross Streets | Arbor Lake Dr. |
| Price | $1,355,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 9.53 AC |
| Cross Streets | Arbor Lake Dr. |
1 Lot Available
Lot
| Price | $1,355,000 | Lot Size | 9.53 AC |
| Price Per AC | $142,183 |
| Price | $1,355,000 |
| Price Per AC | $142,183 |
| Lot Size | 9.53 AC |
9.53 Acres with beautiful topography offering pristine views of Arbor Lake
Description
PHASE II of Arbor Lake includes 91 (formerly entitled) units of townhome density with single-car garages planned on 9.53 majestic acres offering panoramic views of Arbor Lake from a multi-tiered topography reminiscent of the hill country of North Georgia. Phase II of Arbor Lake comes with all engineering work, the lift station for both phases of development under City management, a pristine lake, 50% of underground infrastructure for 74 units of planned density, and 100% of all horizontal improvements, inclusive of underground infrastructure; sewer, water, storm water drainage, roads, curbs, pool and pool house, street lights, and entrance sign for 17 townhome units.
PROPERTY TAXES
| Parcel Number | 08-3N-23-1701-0000-001B | Improvements Assessment | $0 |
| Land Assessment | $137,615 | Total Assessment | $137,615 |
PROPERTY TAXES
zoning
| Zoning Code | R3 (Multi-Family) |
| R3 (Multi-Family) |
Presented by
000 Pearl Street - Arbor Lake Sub-Division - Phase II
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