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    San Raphael St Milton, FL 32583

    For Sale
    $1,995,000

    Prime waterfront residential land, 175 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 175-acre property presents a remarkable development opportunity in Avalon, Florida. Located on the south side of Interstate 10, this land comprises three contiguous parcels offering unparalleled waterfront access to Escambia Bay. Zoned RR-1, the site is ideally suited for residential subdivision, allowing for the creation of individual lots or the construction of single-family homes. Its strategic location near the rapidly expanding Pensacola Metropolitan Statistical Area (MSA) makes it exceptionally attractive for investors. The Pensacola area has witnessed significant recent growth, fueled in part by major employers like Navy Federal Credit Union, which has announced substantial expansion plans. This prime location offers developers access to a thriving market with a strong demand for residential properties. The property's size and zoning provide significant flexibility for a variety of residential development projects, capitalizing on the area's robust growth trajectory. The 32583 zip code in Santa Rosa County, Florida, ensures easy access to local amenities and infrastructure. This is a rare opportunity to acquire a large-scale waterfront development site in a high-growth area. The asking price is $1,995,000.

    Property Features for 0 San Raphael St

    General Information

    Property type
    Land
    Lot Size
    7,623,000 SF

    HighLights

    • 175‑acre development opportunity in Avalon, Florida, on the south side of I‑10.
    • Three contiguous parcels with Escambia Bay waterfront access.
    • RR‑1 zoning ideal for residential subdivision of single‑family homes.
    • Prime location near Pensacola MSA, benefiting from area growth and major employers like Navy Federal Credit Union.
    • $1,995,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.1017599
    Latitude
    30.533555

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    FAQs

    What type of property is this?
    Land - Prime waterfront residential land, 175 acres.
    Where is this land located?
    The property is located at San Raphael St Milton, FL.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: 175-acre development opportunity in Avalon, Florida, on the south side of I-10.; Three contiguous parcels with Escambia Bay waterfront access.; RR-1 zoning ideal for residential subdivision of single-family homes.
    (813) 761-7780
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    San Raphael St 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
    San Raphael St Milton, FL 32583
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