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    Municipal drive Milton, FL 32570

    Source: https://www.saltercompany.com
    For Sale
    $45,000

    Prime 0.23-acre lot, RC-1 zoning.

    Property size:
    10,062 SF

    Description

    Added:
    Feb 20, 2025
    Days on Market:
    295
    This exceptional 0.23-acre vacant lot presents a remarkable investment opportunity in Milton, Florida's vibrant downtown area. Situated within the RC-1 Residential Commercial District, this property offers flexible zoning allowing for a diverse range of development projects, including residential, commercial, and office uses. The lot boasts dimensions of 100 feet by 100 feet, providing ample space for construction. Its strategic location across from the City of Milton sewage treatment facility and a short distance from the Blackwater River and the heart of downtown positions it perfectly to benefit from the ongoing revitalization efforts in the area. The RC-1 zoning encourages a planned mix of uses, fostering a traditional neighborhood development with interconnected circulation systems designed for walkability, bikeability, and drivability, aligning with the growth of the midtown and downtown areas. The zoning also permits ancillary uses and amenities suitable for this thriving community. This property offers significant potential for developers seeking to participate in Milton's exciting future. The asking price is $45,000.

    Property Features for Municipal drive

    General Information

    Property type
    Other land
    Square Feet
    10,062 SF
    Price / Square Foot
    $4
    Elevators
    N/A
    Lot Size
    10,019 SF

    HighLights

    • Prime 0.23‑acre lot in Milton's revitalizing downtown area.
    • RC‑1 zoning allows diverse development options, including residential and commercial uses.
    • Convenient location near Blackwater River and city amenities, offering high development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Milton
    State
    Florida

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    FAQs

    What type of property is this?
    Land - Prime 0.23-acre lot, RC-1 zoning.
    Where is this land located?
    The property is located at Municipal drive Milton, FL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: Prime 0.23-acre lot in Milton's revitalizing downtown area.; RC-1 zoning allows diverse development options, including residential and commercial uses.; Convenient location near Blackwater River and city amenities, offering high development potential.
    (225) 931-3200
    Request Owner's contact information
    Municipal drive Milton, FL 32570
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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
    Municipal drive Milton, FL 32570
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