Avalon Moors Multi-Family

Vacant Land for Sale
Catylist Listing ID: 30007931
Property Subtypes: Multi-Family
Gross Land Area: 25 Acres
Sale Price: $1,775,000
Unit Price: $71,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2017

Overview / Comments

Perfect site for a 250 unit apartment complex or other multi-family project.

It is located one mile north of I-10 on Avalon Blvd. (SR 281) and is high profile with traffic count over 30,000 cars per day on commuter corridor.

Tenants would be; military, retirees and employees in surrounding communities - 10 Miles to; Pensacola, Tiger Point, Pace, Milton - 13 miles from Pensacola International Airport.

Site is 25 Acres R2 - 10/unit per acre in south Santa Rosa County Florida and is part of the former PGA Moors Golf Course. Site includes two lakes and rolling Scottish moors terrain.

Entry is through attractive stone wall common entry of master parcel. Seller will build tie-in and roundabout for access to the subject multi-family parcel or reimburse buyer for this.

The seller is willing to work through the development planning, feasibility and permitting with qualified users, developers and brokers.

Santa Rosa School District maintained its status as one of the best school system academically in Florida.

Site is accessible to a population of over 1.3 million in the surrounding six county area plus HUGE tourist market.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 41-1N-28-0000-00101-0000
Zoning: R2 10 UNITS PER ACRE
Property Located Between: I-10 and US 90
Property Visibility: Excellent
Legal Description: In File
Largest Nearby Street: Avalon Blvd
Feet of Frontage: 100
Traffic/Vehicle Count: 30,000
Highway Access: Yes
Airports: Pensacola International
Site Description: Former Golf Course Rolling Terrain - Two Lakes
Area Description: Good residential corridor between the municipalities of Pace-Milton-Tiger Point and Pensacola
Lot Frontage: Irregular
Lot Depth: Irregular
Zoning Description: R2
Part of Planned Development?: Yes
Development Name: Moors Lakes
Topography: Rolling
Easements: Ingress/Egress, Utilities
Easements Description: Common Entry
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,887 34,675
Median Age: 38.08 38.4
Households: 4,618 13,529

Contact

© Copyright Gulf Coast CMLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.