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    Morrison Rd Milton, FL 32583

    Sponsored
    For Sale
    $225,000

    Land/Acreage - Bagdad, FL

    Lot size:
    3.86 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 8 at 10:06 am

    Property Features for Morrison Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    151N280000049030000
    Lot size
    3.86 Acres

    Building Details

    Architectural style
    Other

    Florida Investment Group LLC dba Keller Williams Realty Gulf Coast (850) 471-5000 [email protected]

    Listing agent William Boatner (850) 471-5000

    Listing date Jan 5, 2026

    MLS# 667318 Listing URL

    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

    Bagdad Land with Development Potential

    This 3.86-acre land parcel is mostly cleared and suitable for builders. Zoned R-1, the property has the capacity to build 8 units. The landscape is semi-secluded and located minutes from the I-10/Garcon Point exit, providing access to Pensacola in 15 minutes and beaches and downtown in 30 minutes. A potential configuration includes 6 individual lots of approximately 1/3 acre (70'x200') on the corner of Woodville Rd and Morrison Rd, with 2 additional larger lots and a 1.5-acre space in the back. Minor subdivision requirements are minimal due to ample road frontage and no need for variance on setback or access requirements. Public water is available at the road. Septic systems are required. A storage shed on the property will convey as is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.035772092
    Latitude
    30.590141553

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    FAQs

    What type of property is this?
    Land - High, dry 3.86-acre land parcel suitable for residential development.
    Where is this land located?
    The property is located at Morrison Rd Milton, FL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Zoned R-1 with capacity to build 8 units, offering a low per-unit cost (under $40,000).; - Large 4.5 (+/-) acre lot that is high, dry, and mostly cleared.; - Potential for 6 individual 1/3 acre lots and an additional 1.5 (+/-) acre homestead.
    (901) 692-2458
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    Morrison Rd 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
    Morrison Rd Milton, FL 32583
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