5908 Houston Lane, Crestview, FL 32539

$5,400,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 1,259,755 Status: Active
Current Price: $5,400,000 List Date: 11/30/2022 Last Modified: 11/24/2025

Overview

Description

Exceptional investment opportunity to purchase 28.92 acres of Mixed Use Commercial Land located in the flourishing growth area of Crestview, FL. This gorgeous property boasts 725 linear feet on Highway 85 North and over 1,500 linear feet around Houston Lane, wrapping the entire western, northern, and eastern sides of the property, promoting excellent traffic circulation and access. The property's inherent beauty and land use permit various uses, including but not limited to Assisted Living, Multi-Family, Medical, and Commercial Retail.

Listing Details MLS# 912677

Contract Info

GCCMLS Number
30826161
Listing Board
Emerald Coast

Location Tax and Legal

Area
25 - Crestview Area
Street #
5908
Street Name
Houston
Street Suffix
Lane
State
FL
Zip Code
32539
County
Okaloosa
Parcel ID
33-4N-23-0000-0017-0040

General Property Info

Listed on GCCMLS
Yes
Vacant
No
Immediate Occupancy
No
Acreage
28.92
Lot Frontage
2225
Zoning
MU COMMERCIAL
Future Land Use
MU COMMERCIAL

More Information

Location, Tax and Legal

Sub Area
2505 - Auburn & Garden City
Property Name
MULTIFAMILY PARCEL
Legal Description
SE1/4 OF NW1/4 LESS DOT R/W & EX PARTS SOLD

Listing Info, Tax & Legal

As Is
Yes

Remarks & Misc

Remarks
Exceptional investment opportunity to purchase 28.92 acres of Mixed Use Commercial Land located in the flourishing growth area of Crestview, FL. This gorgeous property boasts 725 linear feet on Highway 85 North and over 1,500 linear feet around Houston Lane, wrapping the entire western, northern, and eastern sides of the property, promoting excellent traffic circulation and access. The property's inherent beauty and land use permit various uses, including but not limited to Assisted Living, Multi-Family, Medical, and Commercial Retail.

Class

Land
Yes

Construction Status

Proposed
Yes

Property Features

Class: Land Construction Status: Proposed
Listing Office: NBI Properties Inc
Last Updated: November - 24 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.