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855 Pearl St, Crestview, FL, 32536

3beds
2baths
1,895sqft
$198,000
$104price/sqft
$1,636/moest. monthly cost
$65,440/yrincome needed

About This Home

Step into a piece of Crestview history with this distinctive 1948 brick home, a vintage example of the transition from the elegant Late Colonial Revival era to the emerging Traditional Ranch style. Considered a high-end design when built, this home showcases architectural details that are increasingly rare and well worth preserving. Offering 3 bedrooms, 2 bathrooms, a dedicated laundry room, and two separate living areas, the spacious floor plan provides endless possibilities for homeowners, investors, entrepreneurs, and design enthusiasts alike. At the heart of the home, a striking fireplace serves as the main focal point, beautifully representative of late-1940s craftsmanship with its original wood-paneled chimney breast. Additional period details include built-in shelving with decorative openings between rooms, creating character, charm, and a sense of architectural distinction rarely found in modern construction. Designed to maximize natural light, the home features an impressive collection of original windows, including rare original steel casement corner windows in two of the three bedrooms, large picture windows in both the living room and dining room, and original jalousie windows that reflect the home's vintage Florida heritage. Together, these elements create bright, inviting spaces while preserving the home's authentic character. Situated on a generously sized lot shaded by mature native trees, the property offers ample parking, rear alley access, and plenty of room to expand your vision. Beyond its residential appeal, this property presents a unique investment opportunity. The City of Crestview's Future Land Use designation of Multi-Use (MU) (Table 4.06.00) allows for a variety of residential and commercial possibilities. Whether you envision a beautifully restored residence, professional office, boutique retail space, studio, gallery, or mixed-use investment, the flexibility is already in place. With its combination of architectural significance, prime visibility, accessibility, and future potential, this is far more than a home--it's an opportunity to create something truly special. Consider renovation financing and bring your vision to life. Call your Realtor today!

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

6/10
8/10
Davidson Middle SchoolGrades 6-82.2 mi
5/10
Crestview High SchoolGrades 9-121.9 mi

Construction

Condition

  • Property condition: Construction Complete,Needs Work
  • Year built: 1948

Materials

  • Roof: Composition
  • Construction materials: Concrete,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Bathroom

  • Level: First
  • Area: 30
  • Dimensions: 6 x 5

Bedroom

  • Level: First
  • Area: 100
  • Dimensions: 10 x 10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Area

  • Level: First
  • Area: 100
  • Dimensions: 10 x 10

Family Room

  • Level: First
  • Area: 100
  • Dimensions: 10 x 10

Features

  • Bookcases
  • Flooring: Hardwood,Tile
  • Fireplace features: EPA Qualified Fireplace,Gas
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 1,895
  • Total interior livable area: 1,895 sqft

Kitchen

  • Level: First
  • Area: 80
  • Dimensions: 10 x 8

Laundry

  • Level: First
  • Area: 48
  • Dimensions: 8 x 6

Living Room

  • Level: First
  • Area: 192
  • Dimensions: 16 x 12

Master Bathroom

  • Level: First
  • Area: 48
  • Dimensions: 8 x 6

Master Bedroom

  • Level: First
  • Area: 120
  • Dimensions: 12 x 10

Property

Details

  • Parcel number: 173N23249000360030
  • Zoning description: Business, City, Commercial, Resid Multi-Family, Resid Single Family

Features

  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Rain Gutters
  • Fencing: Partial

Lot

  • Lot size: 0.33 Acres
  • Lot size dimensions: 80 x 150

Parking

  • Total spaces: 10
  • Parking features: Converted Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Heat Wave
Strong Wind
Cold Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Okaloosa County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,001$12,012
Home Insurance *$173$2,076
Property Taxes $265$3,180
Electricity $197$2,366
Total$1,636$19,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,091/yr
40% on housing$49,080/yr
45% on housing$43,626/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$104This listing

vs Other Active Listings

Avg $/sqft

ZIP 32536$150
Okaloosa County$263

vs Homes Sold Last Month

Median $/sqft

ZIP 32536$166
Okaloosa County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-28Listed for sale$198,000
2026-06-12Listing removed$285,000
2026-04-14Pending sale$285,000
2026-02-11Listed for sale$285,000
2026-01-16Pending sale$285,000
2025-06-08Listed for sale$285,000
2018-05-31Sold$68,500
2018-05-23Pending sale$79,900
2018-04-21Price change$79,900
2018-02-21Price change$89,000
2017-12-07Listed for sale$99,000
2017-04-05Listing removed$89,000
2017-02-21Price change$89,000
2017-02-01Listed for sale$99,000
2016-06-08Listing removed$110,000
2016-05-01Price change$110,000
2016-02-28Listed for sale$119,000

For Sale by Agent

AgentDawn M Johnson
BrokerageBack Stage Realty

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