When was property at 5020 Arena Road built and last sold?

The property at 5020 Arena Road was built in 1999 and last sold on Mar 31, 2017 for $183,400.

How much is this home worth?

The estimated value of the home located at 5020 Arena Road is $11,009,000.

What are some comparable homes to 5020 Arena Road?

There are currently no comparable homes to 5020 Arena Road.

Okaloosa

32536

5020 Arena Road

Map

$10,900,000

● Land - For Sale

5020 Arena Road

Crestview, FL 32536

Studio

0 Bath

$53,521

Est. Monthly

About This Property

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.

Unit Size

Days on Market

328 days

Land Size

19.75 acres

Price per sqft

Property Type

Land

Property Taxes

HOA Dues

Year Built

1999

Listed By

LaFlure & Vice

[email protected]

Scenic Sotheby's International Realty

Lisa LaFlure

[email protected]

Scenic Sotheby's International Realty

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (ECAR #991549)

Price History

Date / Event	Date	Event
Dec 19, 2025	Listed by Scenic Sotheby's International Realty	$10,900,000
Listed by Scenic Sotheby's International Realty
Apr 12, 2017	Sold	Premium
Sold

Property Highlights

Exterior Details

Other Structures: Corral, Stable

Lot Features: Level

Lot Size Area: 19.75

Lot Size Units: Acres

Lot Size Acres: 19.75

Lot Size Square Feet: 860310

Lot Size Dimensions: 1530 x 1350 x 902 x 241

Water Source: Well

Utilities Details

Sewer : Septic Tank

Building Info

Overview

General

Year Built: 1999

Effective Year Built: 1999
Building Count: 1
Total Rooms: 4
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 3
Building Condition: 0
Building Quality: 7
Construction Type: 6
Building Style: 0
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 6
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 2
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 59
Porch Type: 126
Pool Type: 0

Dimensions

Lot Size Square Feet: 646,866

Lot Size Depth Feet: 100
Total Building Area: 4,980
Gross Building Area: 4,980
Building Area: 4,980
Building Area Measurement: R

Heating and Cooling

Air Conditioning: 1

Heating: 14
Heated Square Feet: 4,788
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 4

Property Class: A
Land Acres: 0000014850
Standard Land Use Code: 7000
County Land Use Code: 004849
State Land Use Code: 48
Legal Description 1: NE1/4 EXC PART SOLD

Neighborhood

School District Name: Okaloosa County School District

Census Tract: 020601

Geography

Assessors Map Reference: 14D

Parcel: 25-3N-24-0000-0002-0000
Block: 2
Meridian: SEC 25 TWN 03N RNG 24W
Municipality: COUNTY
Latitude: 30.7327
Longitude: -86.6

Address

Full Address: 5020 Arena Rd

Address - House Number: 5020
Address - Street Name: Arena
Address - Suffix Type: Rd
State: FL
City Name: Crestview
Carrier Code: R014
4-Digit Zip Code: 8435
Zip Code: 32536

Valuation

Tax

Total Area: 4,884

Tax Year: 2023
Tax Amount: $168,225
Tax Rate Code Area: 001

Market Valuation

Market Total Value: $198,565

Market Land Value: $58,433
Market Improvement Value: $140,132

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $146,497

Sales

Current Sale Contract Date: Mar 31, 2017

Current Sale Recording Date: Apr 12, 2017
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3128620
Previous Sale Recording Date: Apr 12, 2017
Previous Sale Contract Date: Mar 31, 2017
Previous Sale Amount: $250,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Okaloosa

Stats & Trends

Median Asking:

$377,950

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

Average Home Size

1815 ft²

Average Home Age

28.5 years

Currently For Sale

1640 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Listed by: LaFlure & Vice, Scenic Sotheby's International Realty
Last Updated: 10 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 991549

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