Vacant Waterfront Downtown Milton area

Vacant Land for Sale
Catylist Listing ID: 30741413
Property Subtypes: Hospitality, Retail, Other
Gross Land Area: 0.67 Acres
Sale Price: $299,000
Unit Price: $446,268 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/23/2021

Overview / Comments

The subject property is a cleared waterfront parcel located along the northerly right-of-way of Highway 90 at Bayou Drive. The property is located within 1 mile east of the downtown Milton waterfront. The parcel has approximately 210' of road frontage and 171' of waterfrontage. Development options include townhomes, waterfront restaurant/retail sited facing NW maximizing the water views. The adjacent commercial property is available, 7060 US-90, Listing #: 30741053.

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Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 02-1N-28-0240-00600-0011
Zoning: HCD
Property Located Between: NW Corner of Hwy 90 and Bayou Dr
Property Visibility: Excellent
Legal Description: PARCEL A: BAYVIEW LOTS 1 2 & 3PORT OF BLK 6 (N SIDE HWY 90)(DB A-28 PG 602) LESS PORTLYING WITHIN R/W OF HWY 90PARCEL BEING MORE PARTICULARLYDES AS FOLLOWS: COM AT NE CORNOF SECTION 2 TOWNSHIP 1 NORTHRANGE 28 W THN S86*17'03"E 457.54 FT THN S3*57'08"W 725.67FT TO NE CORN OF LOT 1 BLK 6BAYVIEW SUBD THN N86*02'52"W220 FT +/- TO MHWL OF MARQUISBAYOU & POB THN S86*02'52"E220 FT TO SAID NE CORN LOT 1THN S03*57'08"W 105.83 FT TONLY R/W LN OF HWY 90 THN WLYALNG CURV IN 209.09 FT TO SAIDMHWL SAME CURV HAVING (R=1577.89 FT CHB=S75*59'36"W) THN NLYMDRG ALNG SAID MHWL 171.58 FT+/- TO POBAS DES IN OR 3790 PG 431
Largest Nearby Street: 1/2 mile East of Downtown Milton waterfront, Hwy 87 3 miles East
Traffic/Vehicle Count: 21,500
Highway Access: Site is accessed via the northerly right-of-way of Highway 90 at Bayou Drive.
Airports: PNS,VPS
Site Description: The site is cleared with a gentle slope to the waterfront. The site was previously improved with a restaurant. Retail building adjacent to also available, providing for a variety of commercial uses.
Area Description: The subject property is located 1/2 mile East of the downtown Milton waterfront. A revitalization of the downtown Milton waterfront is in the initial planning stages, proposing a mixed use shopping, dining, retail and living destination.
Lot Frontage: 210'
Lot Depth: 171'
Zoning Description: HCD: Highway Commercial Development.This district is designed to provide for a wide range of uses in appropriate and easily accessible locations adjacent to major transportation corridors and having access to a wide market area. This district is intended to be situated along selected segments of major thoroughfares in the vicinity of major intersections. Automobiles and other vehicular service establishments, motels and hotels, business and professional offices, general retail and eating and drinking establishments, primarily characterize this district
In Flood Plain?: Yes
Topography: Gently Sloping
Available Utilities: Electric, Water

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,227 18,484 45,044
Median Age: 39.81 39.2 38.14
Households: 1,356 7,295 16,236

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