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    Old Bay Pointe Rd Milton, FL 32583

    For Sale
    $347,000

    Prime Milton, FL Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.75-acre residential lot, located in the desirable Bay Pointe Plantation community in Milton, Florida (APN 24-1N-28-0227-00C00-0280), presents a unique opportunity to build your dream home. Zoned R-R1 - Rural Residential Single Family, this property allows for low-density residential development. Enjoy the convenience of underground utilities, public water and sewer, and offsite improvements already in place. The community boasts both waterfront and interior homesites, with access to the Blackwater River and a community lake, offering stunning natural scenery and potential water views. Situated off I-10 (39,500 AADT), this location provides easy access to major roadways, while remaining close to schools, Milton Naval Air Station, hospitals, restaurants, shops, beaches, and Pensacola. The rapidly growing Milton market makes this an ideal investment for building a new home in a picturesque setting. The asking price for this remarkable property is $347,000. This lot is part of a larger offering of five residential lots in the area.

    Property Features for 0 Old Bay Pointe Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.006728510444
    Latitude
    30.572584523321

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    FAQs

    What type of property is this?
    Land - Prime Milton, FL Residential Land
    Where is this land located?
    The property is located at Old Bay Pointe Rd Milton, FL.
    What is the asking price?
    The asking price for this property is $347,000.
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    Old Bay Pointe Rd 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
    Old Bay Pointe Rd Milton, FL 32583
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