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34.9 Acre Waterfront Development Site

34.9 Acre Waterfront Development Site 34.9 Acre Waterfront Development Site 34.9 Acre Waterfront Development Site 34.9 Acre Waterfront Development Site 34.9 Acre Waterfront Development Site 34.9 Acre Waterfront Development Site 34.9 Acre Waterfront Development Site 34.9 Acre Waterfront Development Site 34.9 Acre Waterfront Development Site

Property Overview

Price/Rent PSF $ 1,750,000.00
Asset Type Land
Trade Type Sale
Acres Available 34.90
Date Available 03/25/2021
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Description

Location
This prime development site is located south of the City of Milton, west of Avalon Boulevard, and east of Escambia Bay along the southeast side of McMillan Road extending to the protected waters of Mulatto Bayou. The property is located across the street from the Destiny Marina and southwest of the Bernath Place residential subdivision, and has convenient access to Interstate 10 (major freeway that extends from California to eastern Florida) and Avalon Boulevard (a major thoroughfare providing access to I-10 from the City of Milton to the north and Pensacola Beach and Gulf Breeze to the south). Mulatto Bayou is located off of Escambia Bay, which provides deep water access to Pensacola Bay, the Santa Rosa Sound, and the Gulf of Mexico to the south.

Sale
ATTENTION DEVELOPERS - SVN Southland Commercial is proud to present this spectacular 34.9 acre waterfront site with over 1,600 feet of frontage on picturesque Mulatto Bayou. The site is comprised of 7 tax parcels with 15.39 acres zoned R1 (Single Family, allowable density of 4 units per acre) and 18.7 acres zoned RR1 (Rural Residential Single Family, allowable density of 2 units per acre). Based on the current zoning, this property could potentially accommodate up to 98 residential lots. The property includes breathtaking water views, a variety of mature oaks draped with Spanish moss, as well as pecan and magnolia trees. This is the perfect southern location for an upscale waterfront community or use as a secluded family retreat and enjoy the spectacular sunrises and sunsets! Property includes an older house located at the southern portion of the site that is currently occupied by caretaker, to be sold "as is". All information deemed accurate but shall be verified by Buyer and/or Buyer's Agent. Please contact Lisa Bradley for additional information or to schedule a tour!

Location

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