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.
MLS Source Origin: Pensacola MLS
PenFed Realty - Harry Bell is located at 17 W. Cedar St., Pensacola, FL 32502. Equal Housing Opportunity. The data relating to real estate for sale on this website appears in part through the Pensacola MLS Broker Reciprocity program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Berkshire Hathaway HomeServices PenFed Realty participates, and is provided by Pensacola MLS through a licensing agreement. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty are marked with the IDX logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Berkshire Hathaway HomeServices PenFed Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2019 Pensacola MLS, All Rights Reserved. Information last updated on 11/13/19 1:50 AM EST.