7502 87, Milton, FL 32570 (MLS# 900745)

7502 87, Milton, FL 32570

$2,900,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 18,295,200 Status: Sold

Current Price: $2,900,000 List Date: 6/09/2022 Last Modified: 10/13/2024

Overview

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, ther ... (Read more)

Listing Details MLS# 900745

Status Change Info

Under Contract Date: 2023-04-21
Sold Date: 2024-02-26

Contract Info

GCCMLS Number: 30803871
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

More Information

Multi-Family

# of Units: 420

Waterfront

Waterfront Feet: 1000
Lake: Yes

Location, Tax and Legal

Sub Area: 1006 - Munson Hwy
Property Name: 420 ACRE Tract with Lake
Legal Description: Is in file

Listing Info, Tax & Legal

As Is: No

Remarks & Misc

Remarks: 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

Class

Land: Yes
Multi-Family: Yes

Property Features

Class: Land; Multi-Family Waterfront: Lake

Documents

Marketing File ›

Listing Office: NAI Pensacola

Last Updated: October - 13 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.