$4,500,000
Crestview, FL 32539
MLS# 827008
Status: Sold
Property Description
APPROX 400 ACRES TOTAL; INCLUDES APPROX 200 PREMIUM FUTURE DEVELOPMENT ACRES IN FORMER GOLF COURSE LAND/LAKES & THE ADJOINING UNDEVELOPED HIGH/DRY/LEVEL ACREAGE; PLUS APPROX 200 ACRES PREDOMINATELY WETLANDS LYING SOUTH OF SHOAL RIVER DRIVE AND EXTENDING PAST THE SHOAL RIVER (INCLUDES SOME LAND SOUTH OF SHOAL RIVER ITSELF & ALSO SOME LAND PREVIOUSLY BUILT UP FOR 4 GOLF HOLES); SALE ALSO INCLUDES FORMER CLUBHOUSE (NO VALUE GIVEN OTHER THAN POTENTIAL NEGATIVE IN DEMOLITION & REMOVAL COSTS)
Details
Status Change Info
Sold Price/Acre: 11250
Status: Sold
Under Contract Date: 2018-06-18
Sold Date: 2019-06-10
Sold Price: $4,500,000
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 11250
List Date: 2018-06-18
List Price: $4,500,000
Location, Tax and Legal
Sub Area: 2501 Crestview Southeast
Elementary School: Riverside
Middle School: Shoal River
High School: Crestview
Legal Description: COM SW COR SEC 4-2N-23 N8 DEGW ALG SAID WEST LINE 2919.27FT TO POB CONT N8 DEG W 280.94FTE 607.99FT TO C/L GULF POWER ESMT N3 DEG W ALG C/L 3400.26FT TO SOUTH BDRY OF GULF POWER SEE ADDITIONAL LEGAL ON TAX ROLL + ADDITIONAL ACREAGE BY SEPERATE TAX ID LYING SOUTH OF SHOAL RIVER DRIVE
General Property Info
Sub-Type: Vacant Land
Acreage: 400
Mineral Rights: No
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 5950.5
Last Tax Year: 2018
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: APPROX 400 ACRES TOTAL; INCLUDES APPROX 200 PREMIUM FUTURE DEVELOPMENT ACRES IN FORMER GOLF COURSE LAND/LAKES & THE ADJOINING UNDEVELOPED HIGH/DRY/LEVEL ACREAGE; PLUS APPROX 200 ACRES PREDOMINATELY WETLANDS LYING SOUTH OF SHOAL RIVER DRIVE AND EXTENDING PAST THE SHOAL RIVER (INCLUDES SOME LAND SOUTH OF SHOAL RIVER ITSELF & ALSO SOME LAND PREVIOUSLY BUILT UP FOR 4 GOLF HOLES); SALE ALSO INCLUDES FORMER CLUBHOUSE (NO VALUE GIVEN OTHER THAN POTENTIAL NEGATIVE IN DEMOLITION & REMOVAL COSTS)
Waterfront
Lake: 1
River: 1
Waterfront Feet: SEE TAX MAP
Waterview
Lake: 1
River: 1
Farm Info
Mineral Rights - Some: 1
Pond: 1
See Remarks: 1
Lot Features
Cleared: 1
Irregular: 1
Level: 1
Wetlands: 1
Wooded: 1
See Remarks: 1
Lot Access
County Road: 1
Near Interstate Exit: 1
Paved Road: 1
See Remarks: 1
Utilities
Electric: 1
Phone: 1
Public Water: 1
TV Cable: 1
Zoning
County: 1
See Remarks: 1
None
Current Price: $4,500,000
Location Tax and Legal
Street #: xxxx
Street Name: Shoal River
Street Suffix: Drive
Area: 25 - Crestview Area
State: FL
Zip Code: 32539
County: Okaloosa
Project Name/Subdivision: FORMERLY ADARA GOLF & COUNTRY CLUB; FORMERLY SHOAL RIVER COUNTRY CLUB; PLUS ALL UNDEVELOPED ACREAGE
Parcel ID: 33-3N-23-0000-0001-0020
Property Features
Farm Info: Mineral Rights - Some; Pond; See Remarks
Lot Access: County Road; Near Interstate Exit; Paved Road; See Remarks
Lot Features: Cleared; Irregular; Level; Wetlands; Wooded; See Remarks
Zoning: County; See Remarks
Waterfront: Lake; River
Waterview: Lake; River
Utilities: Electric; Phone; Public Water; TV Cable
Listing Office: Teel & Waters Real Estate Company Inc
Last Updated: November - 13 - 2024
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.
