HCD/R2M Land Centrally Located Between US 90/Hwy 87/ I-10

Vacant Land for Sale
Catylist Listing ID: 30807402
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail
Gross Land Area: 2.06 Acres
Sale Price: $167,500
Unit Price: $81,310 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/26/2022

Overview / Comments

Dual Zoned Vacant Lot in East Milton. Quick Hwy access to US Hwy 90 only a half a mile to the north, 1.5 miles to Hwy 87 and I-10 2.5 miles to the south. Approximately 0.25 Acres of the corner at Persimmon Hollow Rd and Delta Dr is zoned HCD with the remaining 1.81 Acres zoned R2M which allows for 10 units per acre. Property is in a X Flood Zone and has a fire hydrant on Persimmon Hollow.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: East Milton
Tax ID/APN: 06-1N-27-3392-00000-0470
Zoning: HCD & R2M
Property Located Between: US Hwy 90 and Hwy 87
Property Visibility: Good
Legal Description: REDLAND ESTATES LOT 47 AS DESIN OR 3930 PG 1096
Largest Nearby Street: Persimmon Hollow Rd.
Feet of Frontage: 312
Highway Access: I-10 only 2.5 miles, 1.5 miles to Hwy 87 and US Hwy 90 a half a mile.
Airports: Peter Prince Air Field, Naval Air Station Whiting Field, Pensacola International Airport,
Site Description: 2.06 Acres in East Milton with +/- 0.25 Acres of the corner zoned HCD and the remaining 1.81 Acres zoned R2M which allows for 10 units per acre.
Area Description: Located in Santa Rosa County just north of I-10, the County is the 8th fastest growing population in the State of FL, is the 4th highest median house hold income. The County has a 1.9% growth population through 2025 and A rated school district.
Lot Frontage: 312
Lot Depth: 275
Topography: Level
Available Utilities: Electric
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,952 24,070
Median Age: 36.87 36.62
Households: 2,604 8,186


Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial Realty
Gulf Coast CMLS Member
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