420 ACRE LAND TRACT

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30806921
Property Subtypes: Residential (Single Family), Vacation/Resort, Other
Status: Pending
Gross Land Area: 420 Acres
Sale Price: $3,075,000
Unit Price: $7,321 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2023

Overview / Comments

NAI Pensacola is pleased to present this beautiful 420-acre land tract that is in close proximity to the entrance of Whiting Field Naval Air Station.

Beautiful 420-acre property that is highly suited for development. or your own self-contained retreat. Current zoning allows for 420 units of single-family residential lots. The actual number would have to be verified upon engineering. The property includes a beautiful 94-Acre spring-fed lake. The lake has no history of flooding

The property is positioned close to the entrance of Whiting Field Naval Air Station. The property offers a quiet peaceful environment centered around a lovely 94-acre, spring-fed lake. The immediate neighborhood after the property is the nicely developed subdivision “Cold Creek Farms” with larger 3,000 SF and up homes on 3-5+ acre home sites. There are many estate-style homes in the area on large land tracts.

Seller to retail all mineral rights.

The property is a beautiful wooded 420-acre land tract that includes a beautiful 94-acre spring-fed lake. While the property offers a beautiful country setting and views it does offer quicks access to area employers, restaurants, schools, churches, retailers, grocery stores, and first-class medical care.

The area enjoys a tranquil atmosphere, there is also positive commercial growth throughout the area

Walmart has purchased land that is minutes from the site,

new Publix also just minutes away was completed in 2021.

FDOT has plans for a connector from popular Navarre Beach to CR 191

The property is across from Naval Air Station Whiting Field which has an estimated annual impact of $1.4B

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 04-2N-28-0000-00143-0000
Zoning: AG-RR
Property Located Between: HWY 87
Property Visibility: Excellent
Legal Description: in File
Lot Frontage: 4000

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,166 17,510
Median Age: 35.21 39.11
Households: 1,231 6,767

Contact

Photograph of Listing Agent

DeeDee Davis, SIOR

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

John Griffing, ALC, CRE, SIOR

NAI Pensacola Gulf Coast CMLS Member
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