« Back to results

5020 Arena Road, Crestview, FL 32536

Crestview, FL 32536
  • MLS 991549

About this home

Prime 19.75-Acre Development Opportunity Strategically positioned just off the upcoming FDOT interchange connecting I-10, Hwy 85, Antioch Rd., and PJ Adams, this high-and-dry parcel offers exceptional commercial or mixed-use potential. The corridor is now four-laned from Hwy 90 to I-10, unlocking major traffic flow and long-term growth. Currently operated as a horse facility, the land is mostly cleared, flat, and ready for redevelopment. Located near the new hospital site, this property sits in the heart of a rapidly expanding medical and commercial hub—ideal for retail, medical, hospitality, residential development, or a large-scale commercial venture. A rare chance to secure nearly 20 acres in a booming growth path.

Property details

Property typeAgriculture
StatusActive
Area25 - Crestview Area
SubdivisionNA
CityCrestview
CountyOkaloosa
Zip32536

Exterior & lot

Lot size19.75 acres
Lot dimensions1530 x 1350 x 902 x 241
Road frontageCounty Road

Schools

ElementaryNorthwood
MiddleShoal River
HighCrestview

Community

DirectionsStarting on SR-85 North toward Crestview, turn left onto PJ Adams Pkwy. In 3 miles, turn right onto Arena Rd. Continue on for 1.2 miles then turn left and the destination will be on your right in 500ft.

Data source: Emerald Coast Association of REALTORS®

Location

Ready to see it in person?

Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.

Request a showing

Similar homes