Catylist ID:
#30836243
| Catylist Listing ID: | 30836243 |
| Property Subtypes: | Residential (Single Family), Other |
| Gross Land Area: | 59.69 Acres |
| Sale Price: | $499,000 |
| Unit Price: | $8,359 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/26/2024 |
Overview / Comments
|
59.69-acre waterfront development site located in the popular Avalon area of Milton, Florida. Located in the RR-1 district, this lot is an ideal location for a developer to subdivide and sell single lots or single-family homes in a scenic waterfront setting! Picturesque waterfront acreage in the Avalon/Mulat Bayou area of Milton, Florida. Ideally located on Escambia Bay, this property offers quick boat access to Pensacola Bay and the Gulf of Mexico. Workers have an easy commute to Pensacola via the Interstate 10 bridge and Milton, Fla., to the north, with its military installations. Offering : Quick Access to I-10 1,300 FT of Water-frontage Development Opportunity Private Waterfront Retreat The property enjoys 1,300 feet of water frontage on Escambia Bay. Escambia Bay is a 13-mile-long inlet, of the Gulf of Mexico. The bay is connected to open water by Pensacola Bay to the southeast and fed by the Escambia River. Northwest Florida's pleasant annual climate and the wide variety of fish in the bay, provide year-round fishing opportunities. This is the perfect location for a custom waterfront home site surrounded by soft needle pines, abundant wildlife viewing, and multi-million dollar views of Escambia Bay. The site adjoins two conservation parcels, which together total 175 acres providing the property with the ultimate tranquil waterfront oasis. |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Santa Rosa |
| Tax ID/APN: | 04-1S-29-0000-00201-0000 |
| Zoning: | RR-1 |
| Property Located Between: | San Raphael and I-10 |
| Legal Description: | In File |
| Largest Nearby Street: | I-10 |
| Feet of Frontage: | 1,300 |
| Site Description: | Beautiful large waterfront land parcel on Escambia Bay. |
| Area Description: | The property is conveniently located just south of Interstate 10 with quick access to explosive Pensacola MSA and beyond to rapidly growing Milton, FL. The Pensacola market has experienced exponential growth and development in recent years as Naval Federal relocated its main campus, expanding into the Beulah area with more homes and businesses relocating there. Shopping, employment, education, governmental facilities, and medical are all within a quick drive to the site. Milton, FL is currently growing at a compound annual growth rate of 1.3%, and its population has increased by 4.0% since the last census. In Milton, the labor market grew 1.9 percent last year. Future job growth over the next ten years is projected at 43.2%, above the U.S. average of 33.5% |
| Lot Frontage: | 1300 |
| Lot Depth: | 2000 |
| Zoning Description: | RR-1 |
| Topography: | Level |
| Soil Type: | Mixed |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 6,760 | 39,997 |
| Median Age: | 42.49 | 41.26 |
| Households: | 2,764 | 16,729 |
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