$3,300,000
Crestview, FL 32536
MLS# 783576
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Property Description
The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information. Cherry Brook is a +/-60 acre single-family residential development site in Crestview. The site is proximate to schools and other commercial amenities that Crestview has to offer. With the connection of PJ Adams Parkway with Interstate 10, the Western side of Crestview has seen an increase in demand for commercial and residential real estate. The Cherry Brook subdivision is just off a main thorough far e, PJ Adams, and is supported by the growing Crestview market. With +90% of all entitlement and permitting in place, it can be ready for construction within weeks.
Details
Maps
Location
Sub Area: 1703 - Okaloosa - Crestview
Community/Resort: None
Waterfront: No
Directions: Exit off of Interstate 10 onto Antioch rd. Heading South, Garrett Pit Rd is the first road on the Western side of the road.
Area: 17 - Okaloosa
Street #: 00
Street Name: Garrett Pit
Street Suffix: Road
State: FL
Zip Code: 32536
County: Okaloosa
Subdivision: Cimarron Estates
Parcel ID: 36-3N-24-0000-0003-001G
Legal Description: Okaloosa County Parcel IDs: 35-3N-24-0000-0007-0030, 35-3N-24-0000-0007-0040, 35-3N-24-0000-0007-0050, 35-3N-24-0000-0007-0060, 36-3N-24-0000-0003-001G
General Property Info
List Class: Lots/Land
Acreage: 60
Construction Status: To Be Built
SqFt Tot Bldg: 0
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information.
Cherry Brook is a +/-60 acre single-family residential development site in Crestview. The site is proximate to schools and other commercial amenities that Crestview has to offer. With the connection of PJ Adams Parkway with Interstate 10, the Western side of Crestview has seen an increase in demand for commercial and residential real estate. The Cherry Brook subdivision is just off a main thorough far e, PJ Adams, and is supported by the growing Crestview market. With +90% of all entitlement and permitting in place, it can be ready for construction within weeks.
Floors in Unit/Home
One: 1
Contract Info
List Date: 2026-01-12
List Price: $3,300,000
Current Price: $3,300,000
Sub-Type: Land
Status Change Info
Status: Active
Property Features
Listing Office: NAI TALCOR
Last Updated: January - 12 - 2026
Information deemed reliable but not guaranteed.