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$250,000
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Property Description
***Triplex opportunity*** Looking for a unique investment opportunity or multi-generational setup? This Crestview property is ready for someone with vision! The main building is configured as two units--a fully renovated 2BR/2BA downstairs apartment and an upstairs 1BR/1BA unit ready for sheetrock and finish work. The downstairs unit has been completely redone from the studs out with NEW wiring, plumbing, sheetrock, flooring, cabinets, and fixtures. The upstairs has cabinets and materials on site, ready to be completed. A detached 1BR/1BA guest house or mother-in-law suite offers even more potential--it's been gutted and renovation started. With three possible income-producing units on one property, this is the perfect project for an investor or homeowner ready to add the finishing touches!
Full Property Details
Full Property Details for 198 E 1st Ave E
General
- Price: $250,000
- Taxes: $3,098 (2024)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 987808
- Updated: 12/3/2025
- Added to Site: 90 day(s) ago
Interior
- Rooms/Areas: Bedroom, Full Bathroom, Half Bathroom, Kitchen, Living Room
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Exterior
- Exterior Features: Fenced Back Yard, Fenced Privacy, Porch Open
Location
- Area: 25 - Crestview Area
- County: Okaloosa
- Subdivision: McKaskill
- Driving Directions: 85 North take a left on E 1st Ave, 5 blocks down on right at the corner of E 1st Ave and N Pearl St.
School Information
- Elementary School: Bob Sikes
- Middle School: Laurel Hill
- High School: Crestview
Heating & Cooling
- Heating/Cooling: AC - Central Elect
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Architectural Style: Florida Cottage
- Construction: Foundation Off Grade
- Stories/Levels: 2
- Square Feet: 1,935
- Sq. Ft. Source: County PA Records
- Year Built: 1939
Lot Features
- Lot Size (Acres): 0.27
- Lot Dimensions: 107 x 105
- Street/Road Desc.: City Road, Paved Road
- Lot Features: Corner, Level
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $3,098
- Tax Year: 2024
- Terms: Conventional, Other
Disclosures and Reports
- Legal Description: MCCASKILL ADD S1/2 OF LOT 8 BLK 1 AND 2 FT BY 30 FT IN SW COR OF N1/2 OF LOT 8
- APN: 08-3N-23-1700-0001-0080
Listed by EXP Realty LLC
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Schools
Schools serving 198 E 1st Ave E
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Northwood Elementary School 501 4th Ave, Crestview, FL 32536 | PK-5 | 0.3 mi |
Davidson Middle School 6261 Old Bethel Road, Crestview, FL 32536 | 6-8 | 2.1 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 198 E 1st Ave E
Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$250,000
-9.09%
MLS
10/17/2025
Listed
$275,000
44.74%
MLS
9/29/2021
Sold
$190,000
—
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 198 E 1st Ave E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,194
3%
$201,225
4%
2024
$3,098
-9%
$193,891
-8%
2023
$3,414
164%
$211,012
174%
2021
$1,292
-60%
$77,134
-61%
2022
$3,210
148%
$197,169
176%
2021
$1,292
18%
$71,336
11%
2019
$1,096
4%
$64,431
5%
2018
$1,049
3%
$61,114
5%
2017
$1,015
2%
$58,341
1%
2016
$1,000
4%
$57,716
6%
2015
$965
4%
$54,533
-2%
2014
$928
-2%
$55,387
-2%
2013
$950
—
$56,298
—
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 198 E 1st Ave E
198 E 1st Avenue E, Crestview, FL 32536 (MLS# 987808) is a Single Family property with 4 bedrooms and 4 full bathrooms. 198 E 1st Avenue E is currently listed for $250,000 and was received on October 17, 2025. Want to learn more about 198 E 1st Avenue E? Do you have questions about finding other Single Family real estate for sale in Crestview? You can browse all Crestview real estate or contact a Coldwell Banker agent to request more information.

