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Lot/land
  • $10,900,000

    5020 Arena Rd, Crestview, FL 32536

    --beds
    --baths
    19.75Acres
    Agriculture
    Built in ----
    19.75 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    High-and-dry parcel
    Prime 19.75-Acre Development OpportunityStrategically 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.
    9 days
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    216
    |
    6
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    Zillow last checked: 8 hours ago

    Listing updated: December 19, 2025 at 05:06am

    Listed by:

    Lisa R LaFlure 850-685-3408,

    Scenic Sotheby's International Realty

    Source: ECAOR,MLS#: 991549MLS LogoOriginating MLS: Emerald Coast

    Facts & features

    Property

    Lot
    • Size: 19.75 Acres
    • Dimensions: 1530 x 1350 x 902 x 241
    • Features: Level
    Details
    • Additional structures: Corral(s), Stable
    • Parcel number: 253N24000000020000
    • Zoning description: Agriculture,Horses Allowed
    • Horses can be raised: Yes
    • Horse amenities: Horses Allowed, Barn

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: Na
    Location
    • Region: Crestview

    Financial & listing details

    • Tax assessed value: $198,169
    • Annual tax amount: $1,685
    • Date on market: 12/19/2025
    • Electric utility on property: Yes

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,175/mo

    Price history

    Price history
    DateEventPrice
    12/19/2025Listed for sale$10,900,000+4260%
    Source: ECAOR #991549 Report a problem
    4/12/2017Sold$250,000
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$1,685 +0.2%$146,102 -0.3%
    2023$1,682 +2%$146,497 +2.9%
    2022$1,649 +4.1%$142,343 +8.3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 32536

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Northwood
    • Middle: Shoal River
    • High: Crestview

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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