8206 S Hwy 87

Milton, FL
$ 1,200,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

5.915 acres located at the corner of Hwy 87 S and Nichols Lake Rd. Property is currently being rented for a manufactured home dealership with the lease expiring in Feb. 2023. Owner will have to honor lease. Owner is willing to sell the 22 acres behind this property located on Nichols Lake Rd. There is a red light at the intersection.

Land

  • Price
  • $ 1,200,000
  • Lot Size
  • 5.92 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Milton
  • County
  • SANTA ROSA
  • Style
  • Archived Commercial Land
  • Area
  • Santa Rosa
  • MLS#
  • 590755
  • Zip
  • 32583
Listing Provided by: ERIC GLEATON REALTY, INC
Data Source: Pensacola Association of Realtors (PARMLS) - 56 - FL

Features

General

Association Y/N No
Buildingareaunits Square Feet
City Milton
County Santa Rosa
Current Use Commercial
Days on Market 17
Directions I10 East and get off on Hwy 87 S down about one and a half mile to red light at Nichols Lake Rd. Property is on the left.
Elementary School East Milton
High School Milton
Listing Agent Name Larry Carlan
Middle/Junior High School King
Property SubType Archived Commercial Land
Property Type Land
Sewer Septic Tank
Showing Instructions Call Owner
Special Listing Conditions As Is
Standard Status Active
Status Active
Street Name Hwy 87
Subdivision Name None
Topography High/Dry
Zoning Description Commercial

Interior Features

Livingareaunits Square Feet

Exterior Features

Frontage Length Road Frontage(708)
Lot Dimensions 708x610
Lot Size Acres 5.915
Lot Size Area 5.915
Lot Size Square Feet 257657.4
Lot Size Units Acres
Road Frontage Type State Road
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Gulf Shores, AL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School East Milton Elementary School
Middle School King Middle School
High School Milton High School

Price History

6/1/2021 Listed $1,500,000
6/18/2021 20% - $1,200,000

Property vs Zip Code Average in 32583

Price
AVG $140K
$1.2M
Visits
AVG 69
26

Map

8206 S Hwy 87 Milton, FL is a Single Family Home for sale at $1200000 and a lot size of 5.92 Acres Acre(s). 8206 S Hwy 87 Milton has 0 bedrooms, 0 baths . The property's zip code is 32583 which is in Milton, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.