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.
5658 Us Hwy 90
Nov 2, 2017
2,212,848 sqft / 50.80 acres (approx)
Bennett C Russell
Similar Listings Nearby
Courtesy of Berkshire Hathaway HomeServices PenFed Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Pensacola FL. Detailed information about real estate listings held by brokerage firms other than REAL ESTATE INTERNATIONAL INC include the name of the listing broker. Neither the listing company nor REAL ESTATE INTERNATIONAL INC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2021. Pensacola FL. All rights reserved.
5658 Us Hwy 90