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Harrison Lilly Team

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

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0 000 N Pearl Street , Crestview, FL 32536
$1,355,000
Est. Payment: $7,486.18/mo
8.58 Acres
Status: Active | Days on site: 963
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ENBI - E8251
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Harrison Lilly Team
Owner/Operator

House Description

PHASE II of Arbor Lake includes 74 (formerly entitled) units of townhome density with single-car garages planned on 8.58 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, stormwater drainage, roads, curbs, pool and pool house, street lights, and entrance sign of Arbor Lake Sub-Division.

Highlights

Listed by Dennis Fortenberry , 850-428-3688 NBI Properties Inc , 850-243-0007. Emerald Coast Multiple Listing Services

Property Type

Commercial Sale

Lot/Acreage
8.58

County

Okaloosa

Area

25 - Crestview Area

Listing ID

940030

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Interior Features

Exterior Features

Zoning:Commercial
Principal Interest
$7,486
Taxes
$864

Home Price

$1,355,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$271,000
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:
$7,486.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,486.18 $863.81 $0.00 $8,349.99
Yearly $89,834.16 $10,365.75 $0.00 $100,199.91
Total $2,695,024.74 $310,972.50 $0.00 $3,005,997.24

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Average Days on Market

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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: 2026-10-07T13:04:46.000Z

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