For Sale
$198,500

0 Municipal DrMilton, FL 32570

3.07 Acres, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3.07-acre commercial land parcel in Milton, Florida (32570), presents a compelling investment or development opportunity. Located in Santa Rosa County, this property consists of three parcels within a proposed Opportunity Zone Tract (12113010600) and is currently zoned for industrial use. The land is strategically situated just south of Highway 90, a major thoroughfare connecting East Milton to Pace and Pensacola, offering excellent accessibility. Parcels 1 and 2 are positioned to potentially benefit from a future extension of Escambia Street. The scarcity of vacant land along Municipal and Elmira Streets further enhances the property's value. A significant advantage is the inclusion of a 25-foot easement granting riverfront access. The asking price is $198,500, translating to approximately $64,657 per acre. The APN numbers are 03-1N-28-2530-05000-0070

Highlights

  • 3.07-acre commercial land parcel in Milton, FL (32570).
  • Located in Santa Rosa County within a proposed Opportunity Zone.
  • Currently zoned industrial, situated south of Highway 90 with excellent accessibility.
  • Potential to benefit from Escambia Street extension.
  • Rare vacant land along Municipal and Elmira Streets.
  • Includes a 25-foot riverfront easement.

Property Details for 0 Municipal Dr

Property type
Land
Lot Size (sq. ft)
133,729 SF

Location Insight

City
Milton
County
Santa Rosa
State
Florida
Latitude
30.6176915
Longitude
-87.0357129
Municipal Dr, Milton, Florida

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0 Municipal Dr
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