5020 Arena Road, Crestview, FL 32536
Local realty services provided by:CENTURY 21 AllPoints Realty
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
- Listing ID #:991549
- Added:204 day(s) ago
- Updated:July 11, 2026 at 06:34 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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