Active
1,001,880 Lot Size23 Acres
0 Nichols Lake Rd, Milton, FL 32583
Est: $9,149/moGet pre-approved
LandProperty Type
23 acresLot Size

Description

23 plus acres zoned R1M (but can be zoned commercial since it is in the Whiting Field fly zone). Property located right off of Hwy 87 South on Nichols Lake Rd. There is a 40 ft. perpetual easement along the back property line to a 100X100 ft. cell tower site.23 plus acres zoned R1M (but can be zoned commercial since it is in the Whiting Field fly zone). Property located right off of Hwy 87 South on Nichols Lake Rd. There is a 40 ft. perpetual easement along the back property line to a 100X100 ft. cell tower site.
1530 days on Market
  • Listed by: Larry Carlan • ERIC GLEATON REALTY, INC
Last updated: 04/28/2026 03:30 PM • Source: PENSACOLA, MLS#: 607721

Location

Listing Courtesy of ERIC GLEATON REALTY, INC
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$9,149 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,149

Property Taxes

$0

HOA Dues

$0

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Property Information for 0 Nichols Lake Road

Property Details
Building Information
  • Lot Size: 23.00 AC
Summary
Location and General Information
  • Directions: I10 to Hwy 87 South towards Navarre. Take a left on Nichols Lake Rd and property is directly behind Freedom Homes and goes all the way to Southern Raceway.
  • Latitude: 30.68443581
  • Longitude: -86.99996152
  • Subdivision Name: None
  • Topography: High/Dry,Level
Taxes and HOA Information
  • Tax Legal Description: *NEW PARCEL FOR 2022 TAX ROLL*DESCRIBED PER DEEDS PARCEL 1:BEG SW CORN OF NE4 THN S89*39'26"E 1326.34 FT THN N0*35'06"E934.86 FT TO S R/W OF NICHOLSLAKE RD THN S74*45'14"W ON RD1378.97 FT TH W LN OF NE4 THNS0*33'06"W 564.29 FT TO POB &PARCEL 2 DESCRIBED AS FOLS:BEG SW CORN OF NE4 THN N0*33'06"E 564.29 FT TO S R/W OFNICHOLS LAKE RD THN S74*45'14"W ON RD 1005.94 FT THN N0*33'06"E 454.36 FT TO POB AS DESIN OR 1895 PG 1619 & OR 1975PG 1403 LESS R/W AS DES INOR 1553 PG 505 & LESS ALL MINRGHTS & LESS OR 2202 PG 503(2.844 AC TO DOT) SBJT TOESMNT AS DES IN OR 2799 PG 336& LESS OR 4187 PG 75 (THEREMAINDER OF #8.6) "There has been a 40 ft. easement granted on the back East property line."
  • Association: No
  • Assn: NONE
School Information
  • Elementary School: East Milton
  • High School: Milton
  • Middle Or Junior School: KING
Property
Lot Information
  • Lot Features: Wooded, Central Access
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Horse: No
Property and Assessments
  • Disclaimer: Buyer to verify all information as this was a two parcel piece of property with one parcel selling in 2021. Also, potential 40 ft. easement along the back property line.
  • Documents Available: Survey
  • Documents Count: 0
  • Parcel Number: 151N270000008070000
  • Mineral Rights: Yes
  • Photos Count: 1
Utilities
  • Sewer: None
  • Water Source: Public
Rental
Rental Information
  • Land Lease Amount Frequency: Annually
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for 0 Nichols Lake Road

DateEvent & SourcePriceAppreciation
Jun 11, 2025

Price Change

PENSACOLA #607721

$1,900,000
Jan 8, 2025

Price Change

PENSACOLA #607721

$2,000,000
Aug 18, 2024

Price Change

PENSACOLA #607721

$1,800,000
DateEvent & SourcePrice
06/11/2025

Price Change

PENSACOLA #607721

$1,900,000
01/08/2025

Price Change

PENSACOLA #607721

$2,000,000
08/18/2024

Price Change

PENSACOLA #607721

$1,800,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Nichols Lake Road

This home is within Santa Rosa.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Martin Luther King Middle School
Public6 to 8

Milton High School
Public9 to 12

ESE Development Center
Public12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Acres

0 Nichols Lake Road is a 23 ac of land for sale in Milton, FL 32583. This property was listed for sale on April 27, 2022 by ERIC GLEATON REALTY, INC, it's currently listed at $1,800,000. It has been on the market for a total of 1530 days and was last sold on July 1, 2009. This listing's school district is Santa Rosa. Nearby schools include Santa Rosa Virtual Instruction Course Offerings, Martin Luther King Middle School and Milton High School. 0 Nichols Lake Road is a 0-bed, 0-bath 23 ac of land on a 1,001,880 sq. ft. / 23 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERIC GLEATON REALTY, INC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.