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$40,000
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Property Description
One of the last few lots available! WATERFRONT!! Build your dream home on the lake. Site with access to 2 lakes. Dead end road leading into secluded neighborhood. Don't miss this opportunity to live in this well-established neighborhood.
Full Property Details
Full Property Details for 118 Tranquility Dr
General
- Price: $40,000
- Taxes: $269 (2024)
- Status: Active
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 992086
- Updated: 1/3/2026
- Added to Site: 12 day(s) ago
Additional Information
- Shared Amenities: Waterfront
Location
- Area: 25 - Crestview Area
- County: Okaloosa
- Subdivision: Northlakes S/D Ph 1
- Driving Directions: From Old Bethel Road, Turn South onto Ridge Lake Road for .6 Miles. Turn Right onto Woodbine drive. Then turn Left onto Tranquility Drive. Property on left after .25 miles and several curves
School Information
- Elementary School: Bob Sikes
- Middle School: Davidson
- High School: Crestview
Utilities
- Utility Description: Other
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.75
- Lot Dimensions: +/- .75
- Lot Features: Cul-De-Sac, Dead End, Irregular, Restrictions
- Zoning: Resid Single Family
Water Features
- Water Front Type: Lake
Financial Considerations
- Price Per Acre: $53,333
- Tax Amount: $269
- Tax Year: 2024
- Terms: Conventional
Disclosures and Reports
- Legal Description: NORTHLAKES S/D PH I LOT 9 BLK A
- APN: 06-3N-23-1788-000A-0090
Listed by The Property Group 850 Inc
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Schools
Schools serving 118 Tranquility Dr
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Bob Sikes Elementary School 425 Adams Drive, Crestview, FL 32536 | PK-5 | 0.9 mi |
Davidson Middle School 6261 Old Bethel Road, Crestview, FL 32536 | 6-8 | 1.8 mi |
Crestview High School 1250 North Ferdon Boulevard, Crestview, FL 32536 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Tranquility Dr
Date
Details
Price
Change
Source
1/03/2026
Listed
$40,000
166.67%
MLS
2/03/2020
Sold
$15,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 118 Tranquility Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$295
9%
$18,554
10%
2024
$270
8%
$16,868
7%
2023
$251
12%
$15,764
18%
2021
$224
-2%
$13,355
-5%
2022
$228
2%
$14,031
7%
2021
$224
-43%
$13,093
-43%
2019
$390
-1%
$22,913
—
2018
$393
-2%
$22,913
—
2017
$399
1%
$22,913
—
2016
$397
1%
$22,913
3%
2015
$394
-5%
$22,246
-10%
2014
$413
-1%
$24,649
—
2013
$416
—
$24,649
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 Tranquility Dr
118 Tranquility Drive, Crestview, FL 32536 (MLS# 992086) is a Vacant Land property with a lot size of 0.75 acres. 118 Tranquility Drive is currently listed for $40,000 and was received on January 03, 2026. Want to learn more about 118 Tranquility Drive? Do you have questions about finding other Vacant Land real estate for sale in Crestview? You can browse all Crestview real estate or contact a Coldwell Banker agent to request more information.

