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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5 5ac Victory Ln , Crestview, FL 32539
$600,000
Est. Payment: $3,314.91/mo
5 Acres
Status: Active | Days on site: 475
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ENBI - E9467
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Harrison Lilly Team
Owner/Operator

House Description

5AC now available For Sale in the bustling Crestview, FL. Property is in the City of Crestview and is zoned Mixed-Use with an allowable residential density of 20 units/acre with a 2.0 FAR. This site does have access to public water and sewer via Victory Lane. Rausch Coleman, now Lennar, is developing a residential neighborhood immediately to the east. Highway 90 E is a fast developing area of Crestview with the Shoal River Ranch Gigasite to the east on Hwy 90. Central Maloney, one of the largest transformer manufacturers, has a planned 300,000sf facility with 350 manufacturing jobs planned. This is a tremendous opportunity for residential and ancilary commercial development.

Highlights

Listed by Dustin Parkman , 850-218-8408 NBI Properties Inc , 850-243-0007. Emerald Coast Multiple Listing Services

Property Type

Commercial Sale

Lot/Acreage
5

County

Okaloosa

Area

25 - Crestview Area

Listing ID

972976

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Interior Features

Exterior Features

Principal Interest
$3,315
Taxes
$383

Home Price

$600,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$120,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,314.91

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,314.91 $382.50 $0.00 $3,697.41
Yearly $39,778.96 $4,590.00 $0.00 $44,368.96
Total $1,193,368.89 $137,700.00 $0.00 $1,331,068.89

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Crestview, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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