Great Corner Property = 2.67 Acres

Special Purpose for Sale
Also listed as Vacant Land
Catylist Listing ID: 30617826
Building Size (RSF): 1,226 SF
Gross Building Area: See Agent
Gross Land Area: 2.67 SF
Sale Price: $160,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/3/2020

Overview / Comments

Take another LOOK: Price Reduced $20 K. Great Developers' Opportunity! This property consisted of 4 Parcels, however, recently it was converted to one(Parcel # 16-1N-28-0000-01304-0000). It comprises the South East Corner of Old Bagdad Hwy and Galt City Rd. It consists of 2.67 Acres with sparsely scattered trees; so clearing the land for development would not be a major concern. It is Zoned R-1M (Mixed Residential Subdivision District) which means, according to SRCPA Zoning, that “ property may be developed at the option of the owner, from one (1) to a maximum of four (4) units per acre.” Other Permitted and Conditional uses are possible with approval. The home has not been given any value, however, it is a 2 bedroom and it would need some repairs to make it habitable.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 16-1N-28-0000-01304-0000
Zoning: ZONED R-1M
Property Located Between: Corner of Galt City Road and Old Bagdad Highway. One Block South of Hwy. 90.
Property Visibility: Good
Largest Nearby Street: Highway 90/Caroline Street
Highway Access: Two Accessible Highways: To The NORTH = Highway 90/Caroline Street. To The WEST = Avalon Blvd.
Airports: Pensacola International Airport / Milton Airport
Site Description: House situated aprox. South West of property. The 2.67 Acres consist of mostly cleared land and sparsely scattered trees.
Area Description: The phenomenal growth that Pace has experienced in the past few years, is now cascading into Milton. Great area to invest in.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1956
Roof Type: Gable
Construction/Siding: Other
Exterior Description: House will need some repairs.
Parking Type: Surface
Parking Description: Gravel parking.
Sprinklers: None
Heat Type: Electricity, Space Heaters
Heat Source: Baseboard, Wall Units
Air Conditioning: Window Unit
Interior Description: A sealed wall separating front and back of house. Can easily be opened.
Zoning Description: Zoned R-1M: (Mixed Residential Subdivision District)
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned
Legal Description: Parcel # 16-1N-28-0000-01304-0000

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 21,453 49,670
Median Age: 37.27 38.26
Households: 8,340 19,097

Contact

Photograph of Listing Agent

Angelo Peter Guadagnano

Coastal Realty Experts Pensacola Gulf Coast CMLS Member
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