7
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$2,900,000
$3,075,000 5.7%
Est. payment /mo
1 SqFt
Sold on 02/26/2024
7502 87 Milton, FL 32570
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Key Details
Sold Price $2,900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $2,900,000
MLS Listing ID 900745
Lot Size 420.000 Acres
Property 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 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
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 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
Location
State FL
County Santa Rosa
Area 10 - North Santa Rosa County
Zoning AGRR
Exterior
Waterfront Description Lake
Listed by Theresa G Davis NAI Pensacola
NEARBY SCHOOL & BUSINESS
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