6.9 Acre Development
For Sale
Contact for pricing
8883 Hwy 87, Milton, FL
6.9 acres rezoned for multi-family or commercial development.
Property SizeContact for details
Lot Size6.90 Acres
Days on Market1923
Property Features for 8883 Hwy 87
General Information
Standard status
Active
Lot size
6.90 Acres
Property subtype
LAND
Listing Agency:
Olde City Realty
(850) 341-7209
Listed By:
Scott Jennings · License #FL 446796
(850) 341-7209
Source:
Moodyscre
Added: May 6, 2021
Changed: Aug 8
Last Checked: Jul 16 at 8:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Olde City Realty
Investment Insights
Based on property information with market context.
This 6.9-acre parcel, located less than a half mile south of I-10, has been rezoned to HCD with conditional use approval for multi-family development. A concept layout proposes 32 townhouses, while the zoning allows for up to 69 apartment units. The HCD zoning also permits a multitude of other commercial uses. The property connects to Carl Booker Rd in the rear. This area is experiencing rapid development, including a new 65-acre resort-style RV Park at the southwest corner of the Interstate exchange and a new truck stop under construction at the northeast corner. The site is high and dry with no wetlands. Nearby points of interest include NAS Whiting Field, Santa Rosa NOLF Airport, NW FLA Industrial Park @ I-10, Santa Rosa Industrial Park, the city of Milton, and the town of Navarre. Supporting documents, including a survey, zoning approval, HCD permitted uses, and a townhouse concept, are available.
Key Highlights
- Rezoned to HCD with conditional use approval for multi‑family development.
- Potential for up to 69 +/- apartment units or 32 townhouses.
- Located less than a half mile south of I‑10.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
33
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Frequently Asked Questions
What type of property is this?
Land - 6.9 acres rezoned for multi-family or commercial development.
Where is this land located?
The property is located at 8883 Hwy 87 Milton, FL.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Rezoned to HCD with conditional use approval for multi‑family development.; Potential for up to 69 +/- apartment units or 32 townhouses.; Located less than a half mile south of I‑10.
