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    5 Farrel Way Milton, FL 32583

    For Sale
    $59,900

    Residential Lots - Milton, FL

    Lot size:
    0.31 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 5 Farrel Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    231S28000300I000050
    Lot size
    0.31 Acres

    Building Details

    Architectural style
    Other

    Levin Rinke Resort Realty (850) 916-5050 [email protected]

    Listing agent Dallas Skornia (850) 916-5050

    Listing date Oct 18, 2025

    MLS# 669081 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

    Cleared Lot in Well-Maintained Subdivision

    This is a 0.31 acre cleared lot located in a well-maintained subdivision with friendly neighbors. The property is zoned for top-rated schools in Santa Rosa County. The tap fee for water and sewer has already been paid. New homes surround the lot. The Garcon Point Trailhead is steps away, offering light hiking opportunities. A public boat ramp at Garcon Point Park is located 7 minutes away, providing access for fishing. The property offers views of a nearby pond. Pensacola Beach is located within minutes, with easy access to Escambia Bay and Blackwater River. Shopping, dining, and local activities are conveniently located in Milton, Pace, or Pensacola.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Wholesale Shop Electronics Store Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.090049724
    Latitude
    30.475128797

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    FAQs

    What type of property is this?
    Land - Cleared 0.31 acre lot in Milton, zoned for top-rated schools.
    Where is this land located?
    The property is located at 5 Farrel Way Milton, FL.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: - Cleared 0.31 acre lot with paid water and sewer tap fee.; - Zoned for top-rated Santa Rosa County schools.; - Close proximity to Garcon Point Trailhead and Garcon Point Park boat ramp.
    (850) 916-5050
    Request Owner's contact information
    5 Farrel Way 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
    5 Farrel Way Milton, FL 32583
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