5020 Arena Road, Crestview, FL 32536

Crestview
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
5020 Arena Road,Crestview, FL 32536
$10,900,000
  • 19.75 Acres
  • Lots / Land
  • Active
Listed by: laflure & vice, lisa r laflure
Office: scenic sotheby's international realty
MLS#:991549
Source:FL_ECAR

Price summary

  • Price:$10,900,000

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.

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Home facts

  • Subdivision & Development:NA
  • Listing ID #:991549
  • Added:282 day(s) ago
  • Updated:September 28, 2026 at 03:00 PM

Structure and exterior

  • Lot area:19.75 Acres
  • Lot Features:Level

Schools

  • High school:Crestview
  • Middle school:Shoal River
  • Elementary school:Northwood

Finances and disclosures

  • Price:$10,900,000
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