# 737 Arbor Lake Drive, Crestview, FL 32536

> **TL;DR:** commercial, $2,650,000.
> Waterfront. Est. $14,173/mo. Listed 1299 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,650,000 |
| Lot Size | 559,310 sqft (12.84 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 1299 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $13,400 |
| Estimated Insurance | $773 |
| **Total** | **$14,173** |

## Key Amenities

- Waterfront

## Property Highlights

- 12.84 acre lot
- Waterfront

## Description

### Agent Description
Arbor Lake Townhomes in Crestview, FL, is a 12.84-acre Subdivision being offered FOR SALE in Two (2) Phase; PHASE I includes thirty-six (36) publicly recorded pad sites on 3.31 acres of 'improved' property, including all horizontal improvements: underground infrastructure, road, curbing, street lighting, HOA pool & pool house, and entrance sign completed in 2012. Each recorded pad site comes shovel-ready to receive vertical improvements for thirty-six (36) 1,250 square foot, two-bedroom, two-and-a-half bathroom townhome units. PHASE II offers 91 (formerly entitled) units of townhome density with single-car garages planned on 9.53 majestic acres, offering panoramic views of Arbor Lake from a multi-tiered topography reminiscent of the hill country of North Georgia. (cont. below)

## Location

- **Address:** 737 Arbor Lake Drive, Crestview, FL 32536
- **County:** Okaloosa
- **Coordinates:** 30.770506, -86.575908
- **Google Maps:** https://www.google.com/maps?q=30.770506,-86.575908

## Listing Agent

- **Name:** Dennis Fortenberry · **License:** 627640
- **Brokerage:** NBI Properties, Inc.
- **Phone:** 8504283688
- **Broker Phone:** (850) 243-0007
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/ECARMLSFL/917472/?channel=propsimple)

## Photos

![737 Arbor Lake Drive - Photo 1](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f1578807313r.jpg)

![737 Arbor Lake Drive - Photo 2](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f2890289635r.jpg)

![737 Arbor Lake Drive - Photo 3](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f1522007530r.jpg)

![737 Arbor Lake Drive - Photo 4](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f3372785396r.jpg)

![737 Arbor Lake Drive - Photo 5](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f2044552415r.jpg)

![737 Arbor Lake Drive - Photo 6](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f2262020228r.jpg)

![737 Arbor Lake Drive - Photo 7](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f1201042249r.jpg)

![737 Arbor Lake Drive - Photo 8](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f129039842r.jpg)

![737 Arbor Lake Drive - Photo 9](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f4037726723r.jpg)

![737 Arbor Lake Drive - Photo 10](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f4017263174r.jpg)

![737 Arbor Lake Drive - Photo 11](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f2793664921r.jpg)

![737 Arbor Lake Drive - Photo 12](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f4073876688r.jpg)

![737 Arbor Lake Drive - Photo 13](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f4003575841r.jpg)

![737 Arbor Lake Drive - Photo 14](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f4173361439r.jpg)

![737 Arbor Lake Drive - Photo 15](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f770673457r.jpg)

![737 Arbor Lake Drive - Photo 16](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f4188332780r.jpg)

![737 Arbor Lake Drive - Photo 17](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f314794957r.jpg)

![737 Arbor Lake Drive - Photo 18](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f335990717r.jpg)

![737 Arbor Lake Drive - Photo 19](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f4291584880r.jpg)

![737 Arbor Lake Drive - Photo 20](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f4099103246r.jpg)

![737 Arbor Lake Drive - Photo 21](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f1915730580r.jpg)

![737 Arbor Lake Drive - Photo 22](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f3013060539r.jpg)

![737 Arbor Lake Drive - Photo 23](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f266688230r.jpg)

![737 Arbor Lake Drive - Photo 24](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f799838893r.jpg)

![737 Arbor Lake Drive - Photo 25](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f2562672372r.jpg)

![737 Arbor Lake Drive - Photo 26](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f1272886743r.jpg)

![737 Arbor Lake Drive - Photo 27](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f3212819836r.jpg)

![737 Arbor Lake Drive - Photo 28](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f1720193878r.jpg)

![737 Arbor Lake Drive - Photo 29](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f948861261r.jpg)

![737 Arbor Lake Drive - Photo 30](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f1286742286r.jpg)

![737 Arbor Lake Drive - Photo 31](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f782213994r.jpg)

![737 Arbor Lake Drive - Photo 32](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f206753004r.jpg)

![737 Arbor Lake Drive - Photo 33](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f3850086248r.jpg)

![737 Arbor Lake Drive - Photo 34](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f3085490056r.jpg)

![737 Arbor Lake Drive - Photo 35](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f2787732979r.jpg)

![737 Arbor Lake Drive - Photo 36](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f3872854040r.jpg)

![737 Arbor Lake Drive - Photo 37](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f1512217904r.jpg)

![737 Arbor Lake Drive - Photo 38](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f2670180292r.jpg)

![737 Arbor Lake Drive - Photo 39](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f497019454r.jpg)

![737 Arbor Lake Drive - Photo 40](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f2515137042r.jpg)

![737 Arbor Lake Drive - Photo 41](http://lh.rdcpix.com/97f1eaef356093aa550cc7921e199995l-f137733486r.jpg)

---

**MLS#:** 917472 | **Updated:** 2026-09-11
**Source:** listhub

*Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/737-arbor-lake-drive-crestview-fl-32536-l917472)

---

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