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Acreage with Cell Tower Easement
For Sale
$1,800,000

Nichols Lake Rd, Milton, FL 32583

LAND - Milton, FL

Property SizeContact for details
Lot Size23.00 Acres
Days on Market1580

Property Features for Nichols Lake Rd

General Information

Property type Land
Property subtype Other
Lot features Wooded, Central Access
Elementary school East Milton
Middle school KING
High school Milton
Directions I10 to Hwy 87 South towards Navarre. Take a left on Nichols Lake Rd and property is directly behind Freedom Homes and goes all the way to Southern Raceway.
Standard status Active
APN 151N270000008070000
Lot size 23.00 Acres

Taxes and HOA fees

Tax Description *NEW PARCEL FOR 2022 TAX ROLL*DESCRIBED PER DEEDS PARCEL 1:BEG SW CORN OF NE4 THN S89*39'26"E 1326.34 FT THN N0*35'06"E934.86 FT TO S R/W OF NICHOLSLAKE RD THN S74*45'14"W ON RD1378.97 FT TH W LN OF NE4 THNS0*33'06"W 564.29 FT TO POB &PARCEL 2 DESCRIBED AS FOLS:BEG SW CORN OF NE4 THN N0*33'06"E 564.29 FT TO S R/W OFNICHOLS LAKE RD THN S74*45'14"W ON RD 1005.94 FT THN N0*33'06"E 454.36 FT TO POB AS DESIN OR 1895 PG 1619 & OR 1975PG 1403 LESS R/W AS DES INOR 1553 PG 505 & LESS ALL MINRGHTS & LESS OR 2202 PG 503(2.844 AC TO DOT) SBJT TOESMNT AS DES IN OR 2799 PG 336& LESS OR 4187 PG 75 (THEREMAINDER OF #8.6) "There has been a 40 ft. easement granted on the back East property line."
Legal Description *NEW PARCEL FOR 2022 TAX ROLL*DESCRIBED PER DEEDS PARCEL 1:BEG SW CORN OF NE4 THN S89*39'26"E 1326.34 FT THN N0*35'06"E934.86 FT TO S R/W OF NICHOLSLAKE RD THN S74*45'14"W ON RD1378.97 FT TH W LN OF NE4 THNS0*33'06"W 564.29 FT TO POB &PARCEL 2 DESCRIBED AS FOLS:BEG SW CORN OF NE4 THN N0*33'06"E 564.29 FT TO S R/W OFNICHOLS LAKE RD THN S74*45'14"W ON RD 1005.94 FT THN N0*33'06"E 454.36 FT TO POB AS DESIN OR 1895 PG 1619 & OR 1975PG 1403 LESS R/W AS DES INOR 1553 PG 505 & LESS ALL MINRGHTS & LESS OR 2202 PG 503(2.844 AC TO DOT) SBJT TOESMNT AS DES IN OR 2799 PG 336& LESS OR 4187 PG 75 (THEREMAINDER OF #8.6) "There has been a 40 ft. easement granted on the back East property line."

Utilities

Water source Public
Listing Agency: ERIC GLEATON REALTY, INC
Listed By: Larry Carlan
Added: Apr 27, 2022 Changed: Jul 22 Last Checked: Aug 23 at 1:06AM
MLS# 607721

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.

Investment Insights

Based on property information with market context.

This 23-acre property is currently zoned R1M and includes a 40-foot perpetual easement along the back property line for a 100x100 cell tower site. The easement is in place and runs along the rear portion of the acreage.

The site is located right off Hwy 87 South on Nichols Lake Rd. The property notes indicate it may be possible for commercial zoning due to its location within the Whiting Field fly zone.

Prospective buyers should review the zoning and any applicable approvals for their intended use, particularly in light of the existing cell tower easement and the property’s noted fly zone considerations.

Key Highlights

  • 23+ acres of land
  • Zoned R1M with potential for commercial rezoning
  • Located directly off Hwy 87 South

Property Analytics

Current Use

Residential land & home ...

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 32583, FL

31,047
Population
11,169
Households
2.8
Avg Household Size
41
Median Age
22%
College-Educated
87%
High-School Grad
125.1 sq mi
ZIP Area
248
Density / Sq Mi
$84,957
Median Household Income
$42,193
Median Earnings
$1,307
Median Rent
$229,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 23 acres zoned R1M with a 40-foot perpetual easement for a 100x100 cell tower site.
Where is this residential land & home lot located?
The property is located at Nichols Lake Rd Milton, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 23+ acres of land; Zoned R1M with potential for commercial rezoning; Located directly off Hwy 87 South
More about this property
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