7502 87, Milton, FL 32570

$2,900,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 18,295,200 Status: Sold
Current Price: $3,075,000 List Date: 6/09/2022 Last Modified: 10/13/2024

Description

Beautiful 420-acre property that is highly suited for development. or your own self-contained retreat. Current zoning allows for 420 units of single-family residential lots. The actual number would have to be verified upon engineering. The property includes a beautiful 94-Acre spring-fed lake. The lake has no history of flooding The property is positioned close to the entrance of Whiting Field Naval Air Station. The property offers a quiet peaceful environment centered around a lovely 94-acre, spring-fed lake. The immediate neighborhood after the property is the nicely developed subdivision 'Cold Creek Farms' with larger 3,000 SF and up homes on 5 Acre and up homes sites. Seller to retail all mineral rights

Supplements: The property is a beautiful wooded 420-acre land tract that includes a beautiful 94-acre spring-fed lake. While the property offers a beautiful country setting and views it does offer quicks access to area employers, restaurants, schools, churches, retailers, grocery stores, and first-class medical care. The area enjoys a tranquil atmosphere, there is also positive commercial growth throughout the area Walmart has purchased land that is minutes from the site, new Publix also just minutes away was completed in 2021. FDOT has plans for a connector from popular Navarre Beach to CR 191 The property is across from Naval Air Station Whiting Field which has an estimated annual impact of $1.4B

More Information MLS# 900745

None

Current Price: $2,900,000

Status Change Info

Status: Sold Under Contract Date: 2023-04-21 Sold Date: 2024-02-26 Sold Price: $2,900,000

Contract Info

GCCMLS Number: 30803871 List Date: 2022-06-07 List Price: $3,075,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 10 - North Santa Rosa County Street #: 7502 Street Name: 87 State: FL Zip Code: 32570 County: Santa Rosa Parcel ID: 042N280000001161000

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Immediate Occupancy: Yes Acreage: 420 Lot Frontage: 4000 Lot Depth: 5433 Zoning: AGRR

Land

Property Type: Single Family Res

Multi-Family

# of Units: 420

Waterfront

Waterfront Feet: 1000

Property Features

Class: Land; Multi-Family Waterfront: Lake
Listing Office: NAI Pensacola
Last Updated: October - 13 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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