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1000 87 Hwy - Seller Financing & Sewer Available 0.94 Acres of Commercial Land Offered at $411,559 CAD in Milton, FL 32583

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INVESTMENT HIGHLIGHTS

  • Available Sewer Connection
  • 200 Ft Rd Frontage
  • 0.94 Acres Zoned HCD
  • 5 Mile Demographics: Total Pop. 27,504 Avg. HHI $92,911

EXECUTIVE SUMMARY

The EDC reports the County has the 4th highest median household income, 7th fastest growing population in the state of Florida, 2.5% per year population growth over the past 10 years, and 1,500 new single-family homes will be needed annually to meet projected population growth. Santa Rosa County is home to NAS Whiting Field, the largest air wing in the U.S. Navy and produces 100% of all Navy, Marine Corps and Coast Guard helicopter pilots. The wing also conducts 60% of Chief of Naval Air Training (CNATRA) command's primary flight training, supporting more than 1.5 million annual flight operations. The installation currently hosts 6 Training Squadrons and 2 Instructor Squadrons and is the busiest installation in the world.

ATTACHMENTS

Brochure

PROPERTY FACTS

Price $411,559 CAD
Sale Type Investment
Sale Condition High Vacancy Property
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 0.94 AC
Zoning HCD - Highway Commercial District

1 LOT AVAILABLE

Lot 2

Price $411,559 CAD
Price Per AC $437,828.20 CAD
Lot Size 0.94 AC

Two Parcels totaling +/-.94-acre lot of raw land with 200-feet of linear frontage on Hwy 87. Lot Dimensions of 200 x 190 x 196 x 182. Existing curb cut on Hwy 87. Sewer is Available on site as Seller has 90% of tap fee already paid.

DESCRIPTION

Seller Financing Available. Two parcels on Hwy 87 S zoned HCD totaling +/-1 acre, 200 feet of road frontage and curb cut. Rare find with this site having an available sewer connection. Current connection and impact fee is 93% paid in full. Connection of 250 GPD meets residential minimums and small office users with potential for additional capacity to be approved on a case-by-case basis with the city of Milton. The southern lot is cleared with curb cut in place and the northern unimproved lot is less than 200 feet to a full median cut to the north. Demographics within a 5-mile radius include a total population of 27,504 and annual household income of $92,911. FDOT reports a current average annual daily traffic rate of 16,300.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 32-2N-27-0000-00262-0000
  • 32-2N-27-0000-00263-0000
Land Assessment
$152,021 CAD
Improvements Assessment
$0 CAD
Total Assessment
$152,021 CAD
  • Listing ID: 35092048

  • Date on Market: 2025-03-11

  • Last Updated:

  • Address: 1000 87 Hwy, Milton, FL 32583

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