Address
5658 US HWY 90 Pace, FL
Price
$ 1,985,000
Property Attributes
  • MLS#526391
  • TypeLand
  • CountySANTA ROSA
  • CityPace
  • AreaSanta Rosa
  • Zip32571
  • StyleRESIDENTIAL LOTS
  • Price$ 1,985,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size50.8 Acres
Listing Provided Courtesy Of:
Berkshire Hathaway HomeServices PenFed Realty
Data Source:
Pensacola Association of REALTORS (FARPENS)
Property Description

Rare residential development opportunity located in the heart of Pace, one of the state’s most rapidly growing communities. The 50.8 acre site is located on the north side of Highway 90, which is the main commuter artery through Pace and Milton, FL. The site has two access points on the east and west sides of the property, Lori Lane and Craig Street. The property is zoned R-1 Residential which permits 4 lots/acre. The owner has two conceptual plans which include a 200 lot plan and alternate plan which could enlarge the lots and create 136 lots. This is an excellent development site in Pace with the unique aspect of having the beautiful Pond Creek located on the north end of the property. The Pond Creek waterway and surrounding forest will serve as the perfect natural amenity and common area for a potential residential development and homeowners. The population growth in Pace has skyrocketed in the last decade to over 52,000 and continues to be a strong housing market with the close proximity to military bases and desirable features Pace has to offer.

Elementary School Middle School High School
Bennett C Russell Elementary School R. Hobbs Middle School Milton High School
Price History
11/2/2017 Listed $1,985,000

General Features

Category LAND
Elementary School BENNETT C RUSSELL
High School MILTON
Listing Area SANTA ROSA
Middle School R. HOBBS
Price Per Sq Ft 39074.8
Sewer PUBLIC SEWER
Status Active
Status Active
Subdivision NONE
Water PUBLIC WATER
Waterfront POND

Exterior Features

Lot Dimensions Irregular
Lot Size Area 50.8
Waterfront Feature NATURAL

Amenities

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

Property vs Zip Code Average in 32571

Price
AVG $240K
$1.99M
Visits
AVG 23
134

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