4640 Parkmore Plaza DrMilton, FL 32570

Property Details for 4640 Parkmore Plaza Dr

Lot size

10.45 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 10.45-acre property boasts prime commercial real estate potential in Milton, Florida. Strategically located with 49 feet of frontage on Highway 90, offering unparalleled visibility and accessibility. The property also features 782 feet of frontage on Parkmore Plaza Drive and 280 feet on Old Bagdad Highway, providing ample space for development. The site includes a fully leased 9,600 square foot office building, generating consistent rental income. Additionally, a 1,519 square foot residential home is situated on the property. The land is zoned HCD (Highway Commercial District), allowing for a wide range of commercial uses. This versatile property presents a unique opportunity for investors seeking high-impact development in a rapidly growing area. The fee simple ownership provides complete control and flexibility for future projects. The Santa Rosa County location, with its convenient access to Highway 90 and surrounding infrastructure, makes this an attractive investment opportunity. The property's APN is 08-1N-28-0000-04700-0000. The asking price is $2,600,000.

Location Insight

City

Milton

County

Santa Rosa

State

Florida

Latitude

30.6032

Longitude

-87.0658

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