Single Family Residential Development LAND SITE

Vacant Land for Sale
Catylist Listing ID: 30848260
Property Subtypes: Residential (Single Family), Other
Gross Land Area: 116.10 Acres
Sale Price: $965,000
Unit Price: $8,311 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2024

Overview / Comments

The property is located on the 4-lane state road, Highway 87N, and has over 1,320 feet of highway frontage providing excellent access and views.

The subject property consists of multiple (AG RR) parcels combined to create a 116.10 acres tract.

Conveniently located less than a quarter mile from the entrance to Whiting Naval Air Station and minutes from Point Baker Air Force Base.
Homes in the area consist primarily of medium-sized single-family homes (three to four bedrooms), most of which are owner-occupied.
Residents of the area are drawn to the quiet rural setting and beautiful natural amenities, while also appreciating the convenience of easy access to shopping, healthcare, and the area's excellent school system.

Zoning- AG RR This district is designed to provide suitable areas for low-density residential development.
Density For residential development, property may be developed at the option of the owner, to a maximum of one (1) dwelling unit per one (1) acre.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 09-2N-28-0000-00129-0000
Zoning: AG RR
Property Located Between: HWY 87N and Oriole St
Property Visibility: Excellent
Legal Description: in file
Largest Nearby Street: HWY 90
Feet of Frontage: 1,320
Traffic/Vehicle Count: 12,900
Area Description: Located within a competitive housing market the location is immediate to the entrance of NAS Whiting Field and Point Baker Air Force Base offering homeowners a country setting with easy access to amenities. National retailers, big-box retailers, medical, and service providers are all minutes from the area Homebuilders in Santa Rosa County will need to build nearly 1,500 homes a year over the next eight years to keep up with population growth in the county, according to a housing study commissioned by the Home Builders Association of West Florida. Naval Air Station Whiting Field is home to the largest air wing in the U.S. Navy and produces 100% of all Navy, Marine Corps, and Coast Guard helicopter pilots. Situated on 12,000 acres, Whiting Field serves a population of over 14,000 including active duty military, family members, civilian employees, and retirees. The $44 billion industry is the state’s third top economic sector behind tourism and agriculture; it tops the list in Santa Rosa County. Location- Close to shopping, excellent school systems, healthcare, employment and entertainment Located on a four laned HWY. Great accessibility to the Site Competitive Home Buyers’ Market Demand Less than a 1/4 mile from the entrance to NAS Whiting Field Large numbers of retiring military personnel choose to settle in Santa Rosa County Florida has remained the TOP destination for Americans to move to for the last decade Florida does not have a state tax on income or on military pensions Military Retirees receive their total pension income without paying a cent of state tax Even though Florida is one of the fastest growing states at 7.8% over the last years, Santa Rosa County is outpacing the state average.
Lot Frontage: 1320
Lot Depth: 3562
Zoning Description: Zoning- AG RR This district is designed to provide suitable areas for low-density residential development. Density For residential development, property may be developed at the option of the owner, to a maximum of one (1) dwelling unit per one (1) acre.
Topography: Level
Soil Type: Mixed

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,141 21,673
Median Age: 39.92 39.36
Households: 2,034 8,476

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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