Pensacola - Terry Mahoney
1/17
Listing Courtesy Of: Coldwell Banker Commercial NRT, Melissa Simpson
Local Realty Services Provided By: Keller Williams Realty Gulf Coast
Overview
What It'll Cost
Neighborhood
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$725,000
4897 Mulatto Bayou Dr, Milton, FL 32583
4 Beds
2 Baths
2,160 sq ft
3.7 ac
$725,000

4897 Mulatto Bayou Dr, Milton, FL 32583

Estimation provided by Keller Williams Realty Inc.
4 Beds
2 Baths
2,160 sq ft
3.7 ac
Active
For Sale

Property Description

Come and immerse yourself in the natural beauty of this waterfront 3.7-acre dream location with sunrise and sunset views of the glimmering bayou. Whether you are seeking a personal retreat, or outdoor getaway, this perfectly secluded location is available with additional acreage if desired. The +/-500 feet of waterfrontage allow for navigable access from Mulatto Bayou to the Gulf, Escambia Bay, and Escambia River while also providing access to the surrounding oak forest and views of the estuarine inlet adjacent to this property. 30 minutes by boat to the beach and easily accessible to I-10 for convenience. Improvements to the site include power, pace water, septic, and pilings from previous dock/ pier. The existing 4-bedroom, 2-bathroom structure is currently used as a waterfront hunting and fishing lodge and will require improvements. This site presents a great investment opportunity if you chose to renovate or raise the structure to rebuild. Current R-1 zoning on the property allows 4 units per acre. Adjoining parcels on both sides of the property are available for sale, giving the entire site a total of +/-10 acres. Package deal for all three parcels totaling +/- 10 acres with +/-1,400 feet of water frontage.

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
2,160 sq ft
Year Built
1982
Days on Site
115 Days
HVAC
Central, Fireplace(s), Central Air, Ceiling Fan(s)
Parking
Yes
Mahoney Team
Pensacola
SL3363594

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $725,000
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Price & Tax History

Date
Event
Price
02/28/2025
Price Decrease
$725,000
(-3.33%)
12/06/2024
Listed
$750,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$3,703
(+6.49%)
$234,317
No Breakdown Available
2020
$3,477
(+24.46%)
$234,317
No Breakdown Available
2018
$2,794
(+1.35%)
$213,015
No Breakdown Available
2017
$2,757
(+4.7%)
$193,650
Land 92,400 + Additions 101,250
2016
$2,633
$187,366
Land 92,400 + Additions 94,966
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
Mahoney Team
Pensacola
SL3363594

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