$8,000,000
Crestview, FL 32539
MLS# 783575
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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. RiverPark spans 271 acres in the heart of Crestview, Florida, offering a premier opportunity for large-scale residential development. Strategically located in this rapidly expanding market, this property is ideally suited for a master-planned community featuring single-family homes. With demand for housing on the rise and strong regional infrastructure in place, RiverPark presents significant upside for builders, developers, or investors seeking to capitalize on Crestview's expanding population and economic momentum. This is a rare chance to shape a flagship residential project in one of Northwest Florida's most dynamic markets.
Details
Maps
Location
Sub Area: 1703 - Okaloosa - Crestview
Community/Resort: None
Waterfront: No
Directions: From Highway 85, turn East onto Airport Rd. The subject property lies just past Bob Sikes Airport on the Northern side of the road.
Area: 17 - Okaloosa
Street #: 00
Street Name: Airport
Street Suffix: Drive
State: FL
Zip Code: 32539
County: Okaloosa
Subdivision: Oakland Heights
Parcel ID: 35-4N-23-0000-0003-0210
Legal Description: Okaloosa Parcel IDs: 35-4N-23-0000-0003-0210, 35-4N-23-0000-0001-0000
General Property Info
List Class: Lots/Land
Acreage: 271
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.
RiverPark spans 271 acres in the heart of Crestview, Florida, offering a premier opportunity for large-scale residential development. Strategically located in this rapidly
expanding market, this property is ideally suited
for a master-planned community featuring single-family homes. With demand for housing on the rise and strong regional infrastructure in place, RiverPark presents significant upside for builders, developers, or investors seeking
to capitalize on Crestview's expanding population and economic momentum. This is a
rare chance to shape a flagship residential project in one of Northwest Florida's most dynamic markets.
Floors in Unit/Home
One: 1
Contract Info
List Date: 2026-01-12
List Price: $8,000,000
Current Price: $8,000,000
Sub-Type: Land
Status Change Info
Status: Active
Property Features
Listing Office: NAI TALCOR
Last Updated: January - 15 - 2026
Information deemed reliable but not guaranteed.