7502 87, Milton

$4,075,000

0 Beds
0 Baths
18,295,200 Sqft
420 Acres
0 Garages

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$4,075,000
Square Footage18,295,200
Acres420.00
TypeCommercial Sales
StatusActive
WaterfrontLake
Community Information
Address7502 87
AreaNorth Santa Rosa County
CityMilton
CountySANTA ROSA
StateFL
Zip Code32570
Amenities
Is WaterfrontYes
WaterfrontLake
Exterior
Lot Description4000 x 5433
Additional Information
Days on Website241
ZoningAGRR
LISTING MAP

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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.
Listing Courtesy Of NAI Pensacola. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2023, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on February 5th, 2023 at 8:30am CST.

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