Naples

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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.

Property Details

Price:
$1,985,000
MLS #:
526391
Status:
Active
Address:
5658 US HWY 90
Type:
Land
City:
PACE
Listed Date:
Nov 2, 2017 (766 days)
State:
FL
ZIP:
32571
Lot Size:
2,212,848 sqft / 50.80 acres (approx)

Schools

Elementary School:
BENNETT C RUSSELL
Middle School:
R. HOBBS
High School:
MILTON

Interior

Exterior

SEWER
PUBLIC SEWER
WATER
PUBLIC WATER
WATERFRONT
POND
WATERFRONT FEATURE
NATURAL

Financial

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Information is deemed reliable but not guaranteed. Based on the information from the Pensacola Association of Realtors (PAMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is based on data available to the associate, including county records. The information has not been verified by the associate and should be verified by the buyer. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation. Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty. Last updated on 2019-12-08.
5658 US HWY 90
PACE, FL

239-860-0894
Karen Van Arsdale

A full-time Naples resident since 1981, Karen began her real estate career in 1983. Originally from Easton, Maryland, she holds a Bachelor’s of Science Degree in Business Administration from the University of Richmond, with concentration in Marketing and Finance.

Karen’s primary focus is to provide her clients market knowledge to better help them in the purchase or sale of their home. She has participated in over two billion in residential sales establishing herself as one of the top real estate professionals in the United States.With decades of experience in every tier of the Naples luxury market, Karen ranks in the top 25 percent among Wall Street Journal’s and Real Trends’ Annual Report of the Top 250 realtors in the United States.