Excellent Multifamily Development: 11.83+/-Acres / 18 units/Acre
Vacant Land
for Sale
| Catylist Listing ID: |
30841974 |
| Property Subtypes: |
Multi-Family, Residential (Single Family), Vacation/Resort, Other
|
| Gross Land Area: |
11.83 Acres
|
| Sale Price: |
$3,850,000 |
| Unit Price: |
$325,443 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/9/2024 |
Overview / Comments
The site contains approximately 11.83+/- acres with access to US Highway 90 with 34,500 AADT to the south. The property offers 11.83+/- acres zoned R3 - Medium High Density (18 Units/Acre).
Santa Rosa County's population has grown by over 24% in the last decade making it the fastest growing county in the Florida Panhandle.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Santa Rosa |
| Taxing Authority: |
Santa Rosa County |
| Tax ID/APN: |
11-1N-29-0000-01400-0000;11-1N-29-0000-01001-0000;11-1N-29-0000-00900-0000;11-1N-29-0000-01000-0000;11-1N-29-0000-01100-0000 |
| Zoning: |
R3: MEDIUM HIGH DENSITY RESIDENTIAL |
| Property Located Between: |
Jerry Drive & Boone Rd |
| Property Visibility: |
Excellent |
| Legal Description: |
See County Property Appraiser Records |
| Largest Nearby Street: |
US 90 |
| Feet of Frontage: |
575 |
| Traffic/Vehicle Count: |
34,500 |
| Highway Access: |
US Highway 90 |
| Airports: |
Pensacola Airport to the West |
| Site Description: |
Property is level with road frontage along the southern and eastern boundary. |
| Area Description: |
Santa Rosa County's population has grown by over 24% in the last decade making it the fastest growing county in the Florida Panhandle. |
| Lot Frontage: |
575 |
| Lot Depth: |
640 |
| Zoning Description: |
R3: Medium High Density Residential (18 Units/ Acre) |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,738 |
27,646 |
51,266 |
| Median Age: |
37.85 |
38.08 |
38.74 |
| Households: |
663 |
10,400 |
19,716 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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