40-Unit Turn-Key Townhome Development For Sale

Crestview MSA encompasses Okaloosa County and Walton County and is in the Florida Panhandle. With a population of nearly 270,000, the Crestview MSA is one of the fastest-growing MSAs in Florida, having grown over 25% since 2000. The Crestview MSA is currently experiencing an economic boom exceeding state and national averages due to its vibrant military, tourism, and fishing industries, along with Okaloosa County leading Northwest Florida in the healthcare industry. The Crestview MSA is home to the world’s largest air force base, Eglin Air Force Base, located between Crestview and Fort Walton Beach. Other nearby large cities include Fort Walton Beach (21,817 residents) and Destin (13,523 residents), both popular tourism destinations as they are situated along Florida’s Emerald Coast that stretches from Panama City Beach to Pensacola Beach.The site consists of up to 8.07 acres, +/-4 Acres of uplands, and is set to be developed as 40-unit Turn-Key Townhomes. The development is ideally located near the signalized intersection of S Ferdon Blvd and I-10, with excellent visibility and convenient ingress and egress. S Ferdon Blvd is the main thoroughfare in Crestview, with traffic counts of more than 47,500 AADT. National retailers and restaurants in Crestview include Walmart, Publix, Staples, Lowe's, AT&T, Beall's Outlet, Wendy's, Popeye's Zaxby's, Hardee's, Whataburger, Firehouse Subs, Popeye's, Chic-Fil-A, Taco Bell, Starbucks, Dunkin' Donuts, Panera Bread, Arby's, McDonald's, and Jimmy John's.