No photo available
$79,900 Just Listed
Property Description
INVESTOR SPECIAL! Great opportunity for a FULL REHAB project situated on FOUR LOTS in a quiet street right in the heart of Crestview! Endless potential--restore the existing home for your next FIX-AND-FLIP, or take advantage of the lot split and build FOUR NEW CONSTRUCTION homes! Zoned Mixed Use, which also allows for commercial structures if desired. Prime location with strong rental and resale appeal. CASH ONLY sale--property will NOT qualify for typical financing. CAUTION: Protective gear is recommended as mold is believed to be present. Enter at your own risk. Unbeatable proximity to major employers & military bases- approximately 10 miles to Duke Field/ 7th Special Forces Group, 21 miles to Eglin AFB, and 30 miles to Hurlburt Field. Don't miss this high-upside INVESTMENT OPPORTUNITY!
Full Property Details
Full Property Details for 552 Reed Ave
General
- Price: $79,900
- Taxes: $1,585 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1000638
- Updated: 4/14/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 7
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Porch
Location
- Area: 25 - Crestview Area
- County: Okaloosa
- Subdivision: CRESTVIEW
- Driving Directions: From S Ferdon Blvd: Turn East onto Edney Ave E, then take an immediate Left onto Reed Ave. Home will be 1/3 of a mile on your Left (Corner of Reed and S Rayburn).
School Information
- Elementary School: Riverside
- Middle School: Shoal River
- High School: Crestview
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: AC - None
- Heating/Cooling: AC - None
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Propane, Phone, Public Water, TV Cable
Structural Information
- Architectural Style: Florida Cottage
- Construction: Siding Vinyl, Trim Vinyl
- Exterior Const.: Siding Vinyl, Trim Vinyl
- Stories/Levels: 1
- Square Feet: 960
- Sq. Ft. Source: County PA Records
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,651.2
- Lot Dimensions: 112 x 200
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Corner, Level
- Zoning: City, Commercial, Resid Multi-Family, Resid Single Family
Financial Considerations
- Tax Amount: $1,585.21
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Crestview Lot 8, 9, 10 & 11 Blk 147
- APN: 17-3N-23-2490-0147-0080
- Property ID: 17-3N-23-2490-0147-0080
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
Get Pre-Approved Today
Schools
Schools serving 552 Reed Ave
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary School, Crestview, FL 3400 East Redstone Avenue, Crestview, FL 32539 | PK-5 | 1.8 mi |
Shoal River Middle School 3200 East Redstone Avenue, Crestview, FL 32539 | 6-8 | 1.7 mi |
Crestview High School 1250 North Ferdon Boulevard, Crestview, FL 32536 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 552 Reed Ave
Date
Details
Price
Change
Source
4/14/2026
Listed
$79,900
99.75%
MLS
4/13/2016
Sold
$40,000
—
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 552 Reed Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,585
13%
$115,407
21%
2024
$1,398
4%
$95,277
-3%
2023
$1,349
20%
$97,970
31%
2021
$1,122
-10%
$74,683
-19%
2022
$1,252
12%
$91,919
35%
2021
$1,122
27%
$68,264
32%
2019
$883
6%
$51,869
7%
2018
$832
—
$48,467
1%
2017
$834
-1%
$47,948
-2%
2016
$843
122%
$48,682
5%
2015
$379
7%
$46,406
1%
2014
$353
-55%
$46,042
-1%
2013
$784
—
$46,482
—
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 552 Reed Ave
552 Reed Avenue, Crestview, FL 32539 (MLS# 1000638) is a Single Family property with 3 bedrooms and 1 full bathroom. 552 Reed Avenue is currently listed for $79,900 and was received on April 14, 2026. This property is listed by Rachael Baker from our Fort Walton Beach Office.Want to learn more about 552 Reed Avenue? 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.

