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$1,985,000
5658 Us Hwy 90, Pace, FL 32571
0 Beds
0 Baths
n/a sqft

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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.
  • Price:
  • $1,985,000
  • Acreage:
  • 50.80
  • Listing ID #:
  • 526391
  • Street Address:
  • 5658 Us Hwy 90
  • City:
  • Pace
  • State:
  • Florida
  • Postal Code:
  • 32571
  • County:
  • Santa Rosa
  • Subdivision:
  • None
  • Listing Status:
  • Active
  • Listing Type:
  • Land
4
out of 5

Bennett C Russell Elementary School
Public
School Grade Level PRESCHOOL-5
School Students 855 students
School Teachers 14 student/
teacher
3
out of 5

Milton High School
Public
School Grade Level 9-12
School Students 1834 students
School Teachers 20 student/
teacher
n/a

R. HOBBS
Public
  • Lot Size:
  • 50.8
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 2212848
  • Days On Market:
  • 324
  • Originating Mls:
  • Pensacola Mls
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
  • Waterfront:
  • Yes
  • Waterfront Description:
  • Pond, Natural
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Berkshire Hathaway Homeservices Penfed Realty
  • FLPCOLA

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