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Harrison Lilly Team

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

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641 N Ferdon Boulevard , Crestview, FL 32536
$795,000
Est. Payment: $4,392.26/mo
0.45 Acres
Status: Active | Days on site: 36
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Harrison Lilly Team
Owner/Operator

House Description

PRIME COMMERCIAL OPPORTUINTY in a high-visibility location along the heavily traveled Hwy 85 (N Ferdon Blvd)! This versatile property offers approximately 5103 square feet of heated and cooled space, plus additional storage, situated on a .45-acre lot. The building is configured into three units, with two currently leased--providing immediate income potential for investors or an ideal setup for an owner-user. The property features approximately 18 parking spaces, offering convenient access for tenants and customers alike. Its strategic location places you just minutes from downtown Crestview and the new Walmart Marketplace currently under construction, positioning the property to benefit from continued growth and increasing traffic in the area. With commercial frontage along one of Crestview's main corridors becoming increasingly limited, this is a rare opportunity to secure a well-located asset with strong exposure and long-term upside.

Highlights

Listed by Janet F Johnson , ERA American Real Estate , 850-682-4822. Emerald Coast Multiple Listing Services

Property Type

Commercial Sale

Lot/Acreage
0.45

County

Okaloosa

Area

25 - Crestview Area

Listing ID

1001120

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Interior Features

Exterior Features

Principal Interest
$4,392
Taxes
$507

Home Price

$795,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$159,000
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:
$4,392.26

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,392.26 $506.81 $0.00 $4,899.07
Yearly $52,707.13 $6,081.75 $0.00 $58,788.88
Total $1,581,213.78 $182,452.50 $0.00 $1,763,666.28

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

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