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    00 Highway 87 Milton, FL 32583

    For Sale
    $349,000

    Land/Acreage - Milton, FL

    Lot size:
    9.98 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 00 Highway 87

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    221N270000002090000
    Lot size
    9.98 Acres

    Building Details

    Architectural style
    Other

    SunQuest Properties of NW FL Inc. (850) 324-1326 [email protected]

    Listing agent Teresa Mclellan (850) 932-0202

    Listing date Sep 15, 2025

    MLS# 670499 Listing URL

    Copyright © 2025 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    9.98 Acres on Hwy 87

    This 9.98-acre property is located directly on Highway 87 south of the interstate, before the Eglin Reservation. Zoned AGRR, the land offers development potential with the possibility of rezoning. The property is being sold with an adjacent 38.338-acre parcel, creating a combined total of 48.3 acres. It is located in Milton, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Auto Parts Store Kitchen & Bath Computer & Electronic Repair Furniture Store Storage Facility Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.931343417
    Latitude
    30.584274961

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    FAQs

    What type of property is this?
    Land - 9.98 acres on Hwy 87 with development potential.
    Where is this land located?
    The property is located at 00 Highway 87 Milton, FL.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Prime investment opportunity on State Road Hwy 87.; - Located directly on Hwy 87, south of the interstate.; - Total of 48.3 acres when combined with neighboring property.
    (850) 932-0202
    Request Owner's contact information
    00 Highway 87 Milton, FL 32583
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    Milton, FL 32583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Highway 87 Milton, FL 32583
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