Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address or Facebook? Check out our how-to page for more info. Also, LIKE and follow us @gulfcondos to receive local info including aerial imagery, event and entertainment news and helpful local information.

  • Price$3,075,000
  • SQ. Feet18,295,200
  • Acres420.00

7502 87, Milton

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 floodingThe 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 rightsThe 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

Essential Information

  • MLS® #900745
  • Price$3,075,000
  • Sold Price$2,900,000
  • Square Footage18,295,200
  • Acres420.00
  • TypeCommercial Sales
  • StatusSold

Amenities

  • Is WaterfrontYes
  • WaterfrontLake

Additional Information

  • Days on Website780
  • Date Sold2024-02-26
  • ZoningAGRR

Community Information

  • Address7502 87
  • Area10 - North Santa Rosa County
  • CityMilton
  • CountySanta Rosa
  • StateFL
  • Zip Code32570

Exterior

  • Lot Description4000 x 5433

Listing Details

  • Listing OfficeNAI Pensacola
Please provide a valid email address.

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.