$139,900
For Sale

2 Acre Lot Richard Lane Road

Milton, FL 32583
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime 1.986 Acre Lot in Milton - Great Location & Development Potential! This nearly 2-acre parcel in Milton offers a fantastic opportunity for both homeowners and investors. Nestled in a highly sought-after area, the lot's versatile R1 zoning allows for single-family residences, with the potential for building multiple homes, just as the neighboring lot was split. The density is four dwellings per acre, meaning you can divide the property into smaller .25-acre lots, each with its own unique possibilities. The lot features generous setbacks - 25 feet in the front and rear, with a 10% lot width requirement for side setbacks (roughly 10 feet if subdivided like the adjacent property). To ensure access, each lot created must have a minimum of 70 feet of frontage on a county-maintained road.

  • Property Details
      • Elementary SchoolEast Milton
      • Property SubtypeVacant Land
      • SubdivisionWARD BASIN
      • Property TypePurchase
      • Lot Size210x416
      • High SchoolMilton
      • MLS #966349
      • Cost139900
      • MLS #966349
      • Middle SchoolKing
      • Taxes Annual$230
      • Taxes Annual Year2024

Location

Todd Siegrist | LPT RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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