552 Reed Ave

960 Sq. Ft.
$83 / Sq. Ft.
960
Sq. Ft.
$83
per Sq. Ft.

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...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!
  1. Listed by Rachael Baker • Brokerage DRE #2028450 • Coldwell Banker Realty
    P: (850)-428-2777 C: (850)-428-2777 rachael.baker@cbrealty.com

Property Details for 552 Reed Avenue

Zoning
City, Commercial, Resid Multi-Family, Resid Single Family
Architectural Style
Florida Cottage
Subdivision Name
CRESTVIEW
LISTING UPDATED: 04/14/2026 06:36 PM

Property Details for 552 Reed Avenue

StatusActive
MLS #1000638
Days on Market4
Taxes$1,585 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built1957
Lot Size0.52 AC / 22,651 SF
CountyOkaloosa County

Location

Listing Courtesy of Coldwell Banker Realty
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Building Information for 552 Reed Avenue

Stories1Year Built1957Building Size-Lot Size0.52 AC / 22,651 SF

Payment Calculator

$534 per month

30 year fixed, 6.46% Interest

Principal and Interest

$402

Property Taxes

$132

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 552 Reed Avenue

Summary
Location and General Information
  • 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).
  • Road Frontage Type: City Street
  • MLS Area Minor: 2501 Crestview Southeast
  • MLS Area Major: 25 - Crestview Area
  • Latitude: 30.753438
  • Longitude: -86.560053
  • Location Tax and Legal:Sub Area: 2501 Crestview Southeast
  • Location Tax and Legal:Elementary School: Riverside
  • Location Tax and Legal:Middle School: Shoal River
  • Location Tax and Legal:High School: Crestview
  • Location Tax and Legal:Legal Description: Crestview Lot 8, 9, 10 & 11 Blk 147
  • Garage: false
Taxes and HOA
  • Tax Legal Description: Crestview Lot 8, 9, 10 & 11 Blk 147
  • Parcel Number: 17-3N-23-2490-0147-0080
  • Association Fee: $0
  • Tax Annual Amount: $1,585
  • Listing Info Tax Legal:Last Taxes: $1,585
  • Listing Info Tax Legal:Last Tax Year: 2025.0
School Information
  • Elementary School: Riverside
  • Middle Or Junior School: Shoal River
  • High School: Crestview
Parking
  • Carport YN: No
  • General Property Info:Driveway Spaces: 2.0
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 112X200
  • Lot Size Acres: 0.52
  • Lot Size Area: 0.52
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Corner, Level
  • Building Area Total: 960.0
  • Lot Size Square Feet: 22651.2
  • General Property Info:SqFt Source: County PA Records
  • LotParcel Access: City Road, Paved Road
  • Lot Features: Corner, Level
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2025.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 1957.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Florida Cottage
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Construction Siding: Roof Metal, Siding Vinyl, Trim Vinyl
  • Occupancy Status: Vacant
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Propane, Phone, Public Water, TV Cable
  • Electric: True
  • Utilities: Electric, Gas - Propane, Phone2, Public Sewer, Public Water, TV Cable
  • Energy: AC - None
Interior and Exterior Features
Exterior Features
  • Construction Materials: Siding Vinyl, Trim Vinyl
  • Stories: 1.0
  • Patio And Porch Features: Porch
  • General Property Info:Pool: No
  • General Property Info:Pool Type: None
  • Exterior: Porch
Interior Features
  • Cooling: AC - None
  • Room Type: Living Room, Dining Area, Kitchen, Bedroom, Master Bedroom, Full Bathroom
  • Rooms Total: 7.0
  • Bathrooms Total Integer: 1.0
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Notational: 1.0
  • Cooling YN: Yes
  • Bedrooms Total: 3.0
  • Bathrooms Full: 1.0
  • Bathrooms Half: 0.0
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 16.58
  • Room Width: 11.58
  • Room Dimensions: 16.58 x 11.58
Room 2
  • Room Type: Dining Area
  • Room Level: First
  • Room Length: 11.66
  • Room Width: 8.5
  • Room Dimensions: 11.66 x 8.5
Room 3
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 11.75
  • Room Width: 11.58
  • Room Dimensions: 11.75 x 11.58
Room 4
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 11.58
  • Room Width: 9.66
  • Room Dimensions: 11.58 x 9.66
Room 5
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 12.58
  • Room Width: 11.58
  • Room Dimensions: 12.58 x 11.58
Room 6
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 12.66
  • Room Width: 9.16
  • Room Dimensions: 12.66 x 9.16
Room 7
  • Room Type: Full Bathroom
  • Room Level: First
  • Room Length: 8.0
  • Room Dimensions: 8 x 5
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false
  • Listing Info Tax Legal:Lease Expiration Dt: 08-19-2016

Property History for 552 Reed Avenue

DateEvent & SourcePriceAppreciation
Apr 14, 2026

Listed (Active)

ECAR #1000640

$79,900—
Apr 14, 2026

Listed (Active)

ECAR #1000638

$79,900—
Apr 13, 2016

Sold (Public Record)

Public Record #569716184

$40,000

+152.6% / yr

Apr 13, 2016

Sold

ECAR #745417

$40,000—
Mar 24, 2016

Pending

ECAR #745417

—
Jan 29, 2016

Listed (Active)

ECAR #745417

$45,900—
Mar 10, 2015

Sold (Public Record)

Public Record #521023065

$14,500

-33.9% / yr

Nov 9, 2012

Sold (Public Record)

Public Record #344425377

$38,000

+10.6% / yr

Nov 9, 2012

Sold

ECAR #578556

$38,000—
Oct 30, 2012

Pending

ECAR #578556

—
Jun 6, 2012

Listed (Active)

ECAR #578556

$74,900—
May 16, 2011

Sold (Public Record)

Public Record #309859054

$32,700

+7.6% / yr

May 16, 2011

Sold

ECAR #549666

$32,650—
May 9, 2011

Pending

ECAR #549666

—
Dec 22, 2010

Listed (Active)

ECAR #549666

$50,000—
Aug 9, 2001

Sold (Public Record)

Public Record #77518984

$16,000—
DateEvent & SourcePrice
04/14/2026

Listed (Active)

ECAR #1000640

$79,900
04/14/2026

Listed (Active)

ECAR #1000638

$79,900
04/13/2016

Sold (Public Record)

Public Record #569716184

$40,000

+152.6% / yr

04/13/2016

Sold

ECAR #745417

$40,000
03/24/2016

Pending

ECAR #745417

—
01/29/2016

Listed (Active)

ECAR #745417

$45,900
03/10/2015

Sold (Public Record)

Public Record #521023065

$14,500

-33.9% / yr

11/09/2012

Sold (Public Record)

Public Record #344425377

$38,000

+10.6% / yr

11/09/2012

Sold

ECAR #578556

$38,000
10/30/2012

Pending

ECAR #578556

—
06/06/2012

Listed (Active)

ECAR #578556

$74,900
05/16/2011

Sold (Public Record)

Public Record #309859054

$32,700

+7.6% / yr

05/16/2011

Sold

ECAR #549666

$32,650
05/09/2011

Pending

ECAR #549666

—
12/22/2010

Listed (Active)

ECAR #549666

$50,000
08/09/2001

Sold (Public Record)

Public Record #77518984

$16,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 552 Reed Avenue

Taxable ValueLand$61,922Additions$53,485Total$115,407
Tax Record2025$1,585 ($132 / month)
Home Facts
Beds3Total Finished SqFt960 SqFtAbove Grade Finished SqFt960 SqFtStories1Lot Size22,795 SqFtStyleSingle Family ResidenceYear Built1957CountyOKALOOSAAPN17-3N-23-2490-0147-0080

Schools near 552 Reed Avenue

This home is within Okaloosa County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Riverside Elementary School
PublicPK to 5

Shoal River Middle School
Public6 to 8

Crestview High School
Public9 to 12

Southside Center
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

552 Reed Avenue is a single family home for sale in Crestview, FL 32539. This property was listed for sale on April 14, 2026 by Coldwell Banker Realty, it's currently listed at $79,900. It has been on the market for a total of 4 days and was last sold on April 13, 2016. This listing's school district is Okaloosa County School District. Nearby schools include Riverside Elementary School, Shoal River Middle School and Crestview High School. 552 Reed Avenue is a 3-bed, 1-bath, 960 sqft single family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.