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    Highway 87 Milton, FL 32583

    For Sale
    $795,000

    Land/Acreage - Milton, FL

    Lot size:
    38.34 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for Highway 87

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    221N270000001000000
    Lot size
    38.34 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    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 30, 2025

    MLS# 670498 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

    Highway 87 Acreage For Sale

    Located on Highway 87 south of the interstate, this 38.338-acre property is the last stop before the Eglin Reservation. Zoned AGRR, the land presents various development opportunities with the potential for rezoning. A survey and wetlands report are available upon request. The property is being sold with an adjacent 9.98-acre parcel, creating a combined total of 48.3 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.933263879
    Latitude
    30.585965182

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    FAQs

    What type of property is this?
    Land - 38.338 acres on Hwy 87 with development potential.
    Where is this land located?
    The property is located at Highway 87 Milton, FL.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - 48.3 total acres on Hwy 87, offering a substantial land holding.; - Located directly on Hwy 87 south of the interstate, providing excellent accessibility.; - Zoned AGRR with potential for rezoning, opening doors to various development possibilities.
    (850) 932-0202
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    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
    Highway 87 Milton, FL 32583
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