Waterfront Mixed-Use Development Site
Land | 1.35 acres
Marketing description
Two lots in downtown Milton, Florida, ready for development. 5148 Willing Street is a waterfront lot of 0.68 acres, which is bordered by the Blackwater River on the east, and the railroad tracks on the south. The terminus of Willing Street divides the two lots. 5139 Willing street is 0.67 acres, and is bordered on the south by the railroad tracks.
Both lots are cleared. Both lots are zoned D-CM in the City of Milton, which allows for mixed-use commercial zoning. They are located in an redevelopment area, and fall under the Riverfront Master Plan. Attached documents identify permitted uses. The properties are in a regulated floodway and any development will require a no-rise certificate. Interested buyers are encouraged to do their due-diligence.
Investment highlights
Downtown Milton is experiencing a resurgence driven by public investment, population growth, and its strategic location between Pensacola and the expanding Santa Rosa County residential corridor. The property’s irreplaceable waterfront setting, development-ready zoning, and role within a catalytic redevelopment area create a generational opportunity for a developer or investment group to deliver a defining project on the Blackwater River.
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