$2,900,000
Milton, FL 32570
MLS# 900745
Status: Sold
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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
Details
Documents
Contract Info
GCCMLS Number: 30803871
Listing Board: Emerald Coast
List Date: 2022-06-07
List Price: $3,075,000
Location, Tax and Legal
Sub Area: 1006 - Munson Hwy
Property Name: 420 ACRE Tract with Lake
Legal Description: Is in file
General Property Info
Listed on GCCMLS: Yes
Vacant: Yes
Immediate Occupancy: Yes
Lot Depth: 5433
Zoning: AGRR
Lot Frontage: 4000
Acreage: 420
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: 1
Multi-Family: 1
Waterfront
Lake: 1
Waterfront Feet: 1000
Land
Property Type: Single Family Res
Multi-Family
# of Units: 420
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
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
Property Features
Class: Land; Multi-Family
Waterfront: Lake
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
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.
