Opportunity Zone Development Site

Vacant Land for Sale
Catylist Listing ID: 30348162
Property Subtypes: Industrial, Office, Retail, Self Storage, Other
Gross Land Area: 1.90 Acres
Sale Price: $229,500
Unit Price: $120,789 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/18/2019

Overview / Comments

Great Downtown Milton Location located in a Proposed Opportunity Zone Tract (12113010600).

-1.895 +/- acre parcel includes approx 297' of waterfront on Blackwater River -Located on the Southeast corner of Elmira St. and Municipal Drive.
-1/3 Mile South of Hwy 90.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Milton (Dist. 3)
Tax ID/APN: 03-1N-28-2530-04100-0070
Zoning: COMMERCIAL
Property Located Between: Elmira St and Municipal Drive
Property Visibility: Good
Legal Description: TOWN OF MILTON LTS 7 & 8 & PORT OF LOTS 6 & 9 & PORT OF UNNUMBERED LOT LYING EAST OF LOTS 6 7 & 8 ALL IN BLK 41 FURTHER DES AS: COM AT SE CORNOF BLK 50 TH ELY ALONG PRO- JECTION OF S LINE OF BLK 50 THELY ALONG PROJECTION 50 FT TO PT ON W LINE OF BLK 41 TH NLY DEFLECTING 89*58' LEFT ALONG W LINE 15.88 FT TH ELY DEFLECTING 92*08'10" RIGHT 232 FT M/L TO W BANK OF RIVER & POB TH WLY 232 FT TO W LINE OF BLK 41 TH NLY DEFLECTING RIGHT 87*51'50" RIGHT 259.76 FT TH ELY DEFLECTING 89*07'40" RIGHT 358 FT TO W BANK OF RIVER TH SLY ALONG BANK 297 FT TO POB AS DES IN 0R 3691 PG 1645
Largest Nearby Street: Hwy 90
Highway Access: 1/3 Mi South of Hwy 90.
Area Description: Downtown Milton, FL
Lot Frontage: 191
Zoning Description: Commercial
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,227 19,768 43,308
Median Age: 39.81 38.04 38.02
Households: 1,356 7,765 15,558

Contact

Photograph of Listing Agent

Omar Walter Nagi

Alliance Real Estate Gulf Coast CMLS Member
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