Skip To Content

5020 Arena Road

Crestview, FL 32536
  • $10,900,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 991550
UPDATED: 80 min ago
$10,900,000
  • 0
    BEDS
  • 19.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

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.

Monthly Payment Calculator



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or World Impact Real Estate. Vendor Member number: 28178. Data last updated: 2026-01-22T13:00:39.44.
Vendor Member #28178.
www.searchingfloridaproperties.com/homes/171507598
Print Image

5020 Arena Road Crestview, FL 32536

  • Price: $10,900,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 80 min ago
  • MLS #: 991550
0
Beds
0
Baths
0
½ Baths
19.75
Acres
Neighborhood:
Crestview Area
County:
Okaloosa
Area:
Crestview Area
Property Description
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.
Exterior Features

Lot Size Dimensions 1530 x 1350 x 902 x 241 Waterfront Features []

Property Features

New Construction YN No Property Condition N/A Special Listing Conditions []

Listing courtesy of Scenic Sotheby's International Realty: 850-231-6052.


© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or World Impact Real Estate. Vendor Member number: 28178. Data last updated: 2026-01-22T13:00:39.44.
Vendor Member #28178.
 
https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_1_991550-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_1_991550-2.jpg https://bt-photos.global.ssl.fastly.net/emerald/1280_boomver_1_991550-2.jpg
Logo
World Impact Real Estate
4507 Furling Lane, Suite #203
Destin FL, 32541