Attention developers, builders, and investors!! Located in the heart of one of Northwest Florida's most promising growth corridors, this exceptional development tract offers a rare opportunity to invest in the region's future. Located about 2 miles west of the Shoal River Ranch Gigasite, the property sits near the future Williams International aviation gas turbine engine manufacturing campus, a multi-billion-dollar investment expected to drive substantial job creation, population growth, and economic activity for decades to come.
With its size, location and development potential, the property is well-suited for a master-planned residential community, mixed-use development or other large-scale investment opportunities. As the surrounding area continues to attract new employers, residents and infrastructure improvements, demand for housing and supporting commercial services is expected to increase significantly.
The tract offers a unique combination of accessibility, natural features and long-term growth potential. Portions of the property are enhanced by river frontage and natural green space, creating opportunities for thoughtfully designed communities that incorporate recreational amenities and conservation areas.
Lot/land
$15,225,000
E Highway 90, Crestview, FL 32539
--beds
0baths
512.07Acres
Agriculture
Built in ----
512.07 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Natural green space
- 3 days
- 45
- 2
Zillow last checked:
Listing updated:
Listed by:
Sandra F Kemp 850-525-5785,
Coconut Palm Real Estate LLC
Source: ECAOR,MLS#: 1012351
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 512.07 Acres
Details
- Parcel number: 133N23000000010000
- Zoning description: Agriculture
Community & HOA
Community
- Subdivision: Shoal River East
Location
- Region: Crestview
Financial & listing details
- Annual tax amount: $9,858
- Date on market: 9/19/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2026 | Listed for sale | $15,225,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 32539
Nearby schools
Schools provided by the listing agent
- Elementary: Walker
- Middle: Shoal River
- High: Crestview
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






