5321 Highway 90

Pace, FL 32571

$899,000
Price
104,544 / 2.4
Lot Size / Acres
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Description

Rare opportunity to acquire 2.4± acres in one of Pace’s fastest-growing corridors. Ideally positioned along Highway 90 with approximately 200 feet of road frontage and exposure to 33,000± vehicles per day, this site offers exceptional visibility and accessibility. Located less than one block from the Pea Ridge Connector, the property sits in the center of a rapidly expanding area surrounded by strong retail, dining, educational, and residential growth. Nearby destinations include Lowe’s, Walmart,...Rare opportunity to acquire 2.4± acres in one of Pace’s fastest-growing corridors. Ideally positioned along Highway 90 with approximately 200 feet of road frontage and exposure to 33,000± vehicles per day, this site offers exceptional visibility and accessibility. Located less than one block from the Pea Ridge Connector, the property sits in the center of a rapidly expanding area surrounded by strong retail, dining, educational, and residential growth. Nearby destinations include Lowe’s, Walmart, Home Depot, Santa Rosa Commons, West Florida Regional Medical Center, Pensacola State College (Milton Campus), Sonny’s BBQ, IHOP, and multiple new subdivisions. A new Caliber Collision Center is located directly adjacent to the property, further reinforcing traffic flow and demand. The property is well-suited for multi-family and mixed-use development opportunities with ingress and egress already installed helping reduce upfront development costs. With high traffic counts, excellent frontage, and a strategic location in the Pace/Milton growth corridor, this site offers outstanding long-term potential for developers and investors.
  1. Listed by Lawrence Bonck • Ross And Co.
  2. Listed by Cory Parker • Ross And Co.
LISTING UPDATED: 01/30/2026 03:38 PM

Property Details for 5321 Highway 90

StatusActive
MLS #640969
Days on Market709
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Land/Acreage
Year Built-
Lot Size2.40 AC
CountySanta Rosa County

Location

Listing Courtesy of Ross And Co.
Add your commute

Building Information for 5321 Highway 90

Lot Size2.40 AC

Payment Calculator

$5,143 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,382

Property Taxes

$761

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5321 Highway 90

Summary
Location and General Information
  • Directions: Head East on Hwy 90, the property is located on the south side between Lowes and Sherwin Williams. Less than one block Southeast of the Pea Ridge Connector.
  • Latitude: 30.602152
  • Longitude: -87.102124
  • Subdivision Name: None
Taxes and HOA Information
  • Tax Legal Description: BEG AT NW COR OF NE4 OF NE4 OF SEC 13 TOWNSHIP 1 NORTH RANGE 29 WEST TH E 398 FT TH S 547 FT TH W 398 FT TH N 547 FT TO POB AS DES IN OR 3911 PG 997 LESS OR 4444 PG 919 (NOW #8.1 FOR 2024)
  • Assn: NONE
School Information
  • Elementary School: Bennett C Russell
  • High School: Pace
  • Middle Or Junior School: AVALON
Property
Lot Information
  • Lot Size Dimensions: 199x597
  • Horse: No
Property and Assessments
  • Documents Count: 0
  • Parcel Number: 131N290000008000000
  • Photos Count: 7
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Rental
Rental Information
  • Land Lease Amount Frequency: Annually
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for 5321 Highway 90

DateEvent & SourcePriceAppreciation
Dec 7, 2025

Price Change

PENSACOLA #640969

$899,000—
Aug 21, 2025

Price Change

PENSACOLA #640969

$849,000—
Feb 27, 2024

Price Change

PENSACOLA #640969

$999,000—
Feb 27, 2024

Price Change

PENSACOLA #640969

$899,000—
Feb 27, 2024

Price Change

PENSACOLA #640969

$850,000—
Feb 27, 2024

Listed (Active)

PENSACOLA #640969

$849,000—
DateEvent & SourcePrice
12/07/2025

Price Change

PENSACOLA #640969

$899,000
08/21/2025

Price Change

PENSACOLA #640969

$849,000
02/27/2024

Price Change

PENSACOLA #640969

$999,000
02/27/2024

Price Change

PENSACOLA #640969

$899,000
02/27/2024

Price Change

PENSACOLA #640969

$850,000
02/27/2024

Listed (Active)

PENSACOLA #640969

$849,000

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

Public Records for 5321 Highway 90

Taxable ValueLand-Additions-Total-
Tax Record2021$9,136 ($761 / month)
Home Facts
Total Finished SqFt1,094 SqFtAbove Grade Finished SqFt1,094 SqFtStories1Lot Size237,576 SqFtStyleCommercialYear Built1944ZoningHCD HWY COMMECountySANTA ROSAAPN13-1N-29-0000-00800-0000Fireplace TypeHas Fireplace

Schools near 5321 Highway 90

This home is within Santa Rosa.
Rating
School
Type
Grades
Distance
Bennett C Russell Elementary School
Public - PK to 5
Avalon Middle School
Public - 6 to 8
Pace High School
Public - 9 to 12
Locklin Technical Center
Public - 9 to 12
Rating
School
Distance
Bennett C Russell Elementary School
PublicPK to 5

Avalon Middle School
Public6 to 8

Pace High School
Public9 to 12

Locklin Technical Center
Public9 to 12

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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More information about 5321 Highway 90, Pace, FL 32571

5321 Highway 90 is a 2.4 ac of land for sale in Pace, FL 32571. This property was listed for sale on February 27, 2024 by Ross And Co., it's currently listed at $899,000. This listing's school district is Santa Rosa. Nearby schools include Bennett C Russell Elementary School, Avalon Middle School and Pace High School. 5321 Highway 90 is a 0-bed, 0-bath, 2.4 ac of land on a 104,544 sq. ft. / 2.4 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ross And Co.

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.