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4877 Mulatto Bayou Dr

10 Acres of Residential Land Offered at $1,600,000 in Milton, FL 32583

Investment Highlights

  • Navigable water with access to the Gulf
  • +/-10 Acres
  • +/-1,400 FT of Waterfrontage

Executive Summary

Santa Rosa County Economic Development Council reports that Santa Rosa County is the 8th fastest growing county in Florida and boasts the 4th highest median household income, along with a Grade A school system, and low business costs.

Property Facts

Price $1,600,000
Sale Type Investment or Owner User
Sale Conditions High Vacancy Property
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 10.00 AC
Parcel Numbers
Multiple
  • 34-1N-29-0000-01208-0000
  • 34-1N-29-0000-01204-0000

1 Lot Available

Lot

Price $1,600,000
Price Per AC $160,000.00
Lot Size 10.00 AC

The +/-10 Acre site is comprised of 3 total parcels with various improvements to the site. Parcels will be considered for individual sale.

Description

+/-10 Acres, +/- 1400 ft of Waterfront, Zoned R-1 in Santa Rosa County on Mulatto Bayou, a navigable body of water with access to the Gulf of Mexico. Centrally located between Pensacola and Milton this location allows for easy access to Beaches (30 minutes), Airport (20 minutes), University of West Florida (20 minutes) and Interstate with three major corridors (I-10/ US 90/ Avalon Blvd) within minutes to this site. Current zoning on the property allows four units per acre to be developed with lots no less than 1/4 acre. Existing improvements to the site include power, public water, septic, pilings from 2 previous docks/piers, cleared trail, and a driveway that leads to an existing 2,160 sq ft single-family structure. Demographics within a 5-mile radius include a Total Population 46,147 of and an Average Household Income of $95,560

zoning

Zoning Code R-1 (Single Family Residential)
R-1 (Single Family Residential)
  • Listing ID: 33736791

  • Date on Market: 11/3/2024

  • Last Updated:

  • Address: 4877 Mulatto Bayou Dr, Milton, FL 32583

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