10 Ac-Entrance to Stonebrook Golf Club Pace

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30642491
Property Subtypes: Multi-Family
Status: Pending
Gross Land Area: 10 Acres
Sale Price: $395,000
Unit Price: $39,500 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/13/2023

Overview / Comments

10 acres at the entrance to Stonebrook Golf Course. There are 2 lakes on the property. The smaller lake is 'man made' and may be filled.

The large lake is 1.69 Ac.

A power-line easement runs across the south 2.9 Acres....A great spot for a retention pond and parking.

Leaving 4.59 acres to develop / $86,000 PA .....site will allow 112 units...that's $3,526 land cost per unit!!!!!

Currently zoned R-3 which allows 18 units per acres so the site can handle 112 units. This could be single family, apartments, townhouses or an Assisted Living facility.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa Co
Tax ID/APN: 31-2N-29-0000-00614-0000
Zoning: R-3
Property Located Between: Corner of Cobblestone and South Lake Dr (SWC)-On the left at entrance to Stonebrook
Property Visibility: Good
Legal Description: In File
Largest Nearby Street: Woodbine
Feet of Frontage: 347
Highway Access: Woodbine to Hwy 90
Airports: Pensacola International
Site Description: Beautiful piece of property at entrance to Stonebrook Golf Club. Nice lake as a landscape feature.
Area Description: Very nice homes in Stonebrook Golf Club
Lot Frontage: 347
Lot Depth: 845
Zoning Description: R-3 Allows 18 units per acre
Topography: Rolling
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,635 18,215 31,701
Median Age: 44.53 39.99 39.01
Households: 991 6,603 11,644

Contact

Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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