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5020 Arena Road, Crestview, FL 32536

Crestview
Local realty services provided by:CENTURY 21 Wimco Realty, Inc.
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:300 day(s) ago
  • Updated:October 16, 2026 at 02:58 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
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. CENTURY 21 Wimco Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Wimco Realty, Inc., a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved. FL_ECAR Member Broker: Charles Wimberly Jr

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