Listing provided courtesy of PHD Real Estate, LLCMLS# 601684MLS Provider
  • 1176 days on site
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MILTON, FL - PRICE REDUCTION!! INVESTORS, HOME BUILDERS!! 157 ACRES OFFERING PRIME DEVELOPMENT OPPORTUNITY! 2227' Paved Road frontage. ALL LEVEL AND NO WETLANDS...Welcome to an extraordinary opportunity to shape your dream community or personal estate on this expansive 157-acre tract of land for sale in Santa Rosa County. With a leaseback option and conveniently located next to the military bases, this property presents limitless potential for investors, homebuilders, and farmers alike. IDEAL LOCATION FOR MILITARY FAMILIES situated just one mile from Whiting Naval Air Station and approximately four miles from Point Baker Air Force Base. This offers a solution for military families seeking housing options with an easy commute to work, making it an attractive prospect..SALE/LEASEBACK OPTION for the farmland provides a steady income of $200.00 per acre. This unique opportunity allows you to bring in income while actively developing. CLEARED, LEVEL LANDSCAPE, READY FOR DEVELOPMENT the property boasts a cleared and level landscape, enhancing its appeal for potential developers. Enjoy easy accessibility with over 2,200 feet of paved road frontage along Jesse Allen Rd and just a half-mile from Hwy 87. PERFECT FOR FARMING OR GARDENING equipped with an irrigation system. The cleared expanse invites creative land use, providing an opportunity for agricultural pursuits alongside development. Nestled in the charming area of Allentown, Santa Rosa County, this property offers a tranquil and comfortable living environment. Residents can indulge in various recreational activities, including hunting, canoeing, and camping. Most residents in the area own their homes, and local public schools receive high ratings. Seize the Moment and Make This Prime Development Opportunity Yours! Whether You're an Investor, Homebuilder, or Farmer, This Property is The Perfect Canvas for Your Vision. Contact Us Now to Unlock the Endless Possibilities!

Source: Pensacola MLS, MLS#: 601684

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  • Property Type
    Land
  • Lot
    157.00 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 0 Jesse Allen Rd


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/10/2026Source: Pensacola MLS Status Change
Pending
3/6/2026Source: Pensacola MLS Price Reduction
$2,041,000 -31.6%
2/19/2026Source: Pensacola MLS Status Change
Active
1/29/2026Source: Pensacola MLS Status Change
Pending
11/19/2025Source: Pensacola MLS Price Reduction
$2,983,000 -17.4%
10/13/2023Source: Pensacola MLS Price Increase
$3,611,000 27.8%