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    6415 Mary Kitchens Rd Milton, FL 32583

    View on Map
    For Sale
    $250,000

    LAND - Milton, FL

    Lot size:
    1.42 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    14
    Last Refresh:
    Apr 1 at 5:06 am

    Property Features for 6415 Mary Kitchens Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    141S280000002230000
    Lot size
    1.42 Acres

    Taxes and HOA fees

    TaxDescription
    *NEW PARCEL FOR 2025 TAXES**** 14-1S-28W: COMM AT A CONCRETE MONUMENT AT THE INTERSEC OF THE N LINE OF SAID SEC AND THE W RIGHT OF WAY LINE OF FLORIDA STATE ROAD NO.191 & N LINE OF SEC 14 ; THN S01*10'15"W 230.11 FT ; THN S07*07'43"W R=3769.83 C=785.30 FT; THN S13*06'14"W 1827.38 FT ; THN S15*38'54"W R=7589.49 C=675.57 FT; THN S18*11'49"W 474.35 FT ; THN N82*53'54"W 842.67 FT ; THN N82*53'54"W 240.00 FT ; THN S06*52'32"W 70.00 FT ; THN S46*57'17"W 80.76 FT ; THN S01*03'05"E 326.29 FT ; THN N82*53'53"W 153.00 FT ; THN N06*52'32"E 455.00 FT ; THN S82*53'54"E 160.00 FT TO POB; CONTAINS 1.42 AC +/- AS DES IN OR 4653 PG 1360 OUT OF #1.29 IN 2025

    Utilities

    Water source
    Public

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    Listing Contact
    Jessica Duncan
    Jessica Duncan

    Listing agent Jessica Duncan

    Listing office Duncan Real Estate Collective LLC 109 E Garden St., Pensacola, FL

    Listing date Mar 19, 2026

    MLS# 679512

    Copyright © 2026 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

    Executive Homesite in Gated Enclave

    This 1.42-acre executive homesite is located within a gated enclave of three lots. The property is surrounded by mature trees, offering a wooded setting while being located minutes from everyday essentials. The property allows for the design and construction of a custom home, with space for outdoor living and enjoyment of the natural surroundings. Positioned five minutes from I-10 and Avalon Boulevard, commuting to Pensacola and downtown is convenient. The new Santa Rosa County Courthouse is less than ten minutes away, and Gulf Breeze is accessible via the Garcon Point Bridge. A private, gated, paved road provides access, featuring a waterfall and decorative lighting. Water and electricity are available in the road. This property offers the opportunity to create a custom home in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.060234
    Latitude
    30.508986

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.42-acre homesite with privacy, natural beauty, and convenience.
    Where is this residential land & home lot located?
    The property is located at 6415 Mary Kitchens Rd Milton, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 1.42‑acre executive homesite in an exclusive, gated three‑lot enclave offering privacy and natural beauty.; Ideally located minutes from everyday essentials with effortless commuting to Pensacola and surrounding areas via I‑10.; Opportunity to design and build a custom home with expansive outdoor living space and a private retreat feel.
    (850) 554-1783
    We can help!
    Listing Contact
    Jessica Duncan
    Jessica Duncan
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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