Skip main navigation
For sale
  • $520,000

    5148 Willing St, Milton, FL 32570

    --beds
    0baths
    --sqft
    : 
    Loading
    Get pre-qualified
    Other
    Built in ----
    1.35 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Positioned at the front door of Milton's transformative Courthouse Redevelopment District, this A±1.35-acre assembled waterfront offering presents one of the most significant mixed-use development opportunities in Northwest Florida's emerging downtown markets. Located on Willing Street with direct frontage on the Blackwater River, the site forms the critical riverfront terminus of the City's planned walkable urban core and is immediately adjacent to the proposed civic, residential, and commercial redevelopment of the former Santa Rosa County Courthouse property. This offering includes two contiguous parcels totaling approximately 58,800 square feet, providing the scale, zoning, and visibility required for a signature project. With D-CM zoning already in place, the property is ideally suited for a boutique hotel, waterfront restaurant and entertainment venue, mixed-use residential over retail, townhomes, or a vertical live-work environment. The location at the end of the reconnecting street grid and along the planned riverwalk and public gathering spaces positions the site as the natural activation point for dining, hospitality, and destination retail within the district. The surrounding redevelopment initiative is expected to introduce new residential density, adaptive reuse of the historic courthouse, structured parking, and a pedestrian-oriented public realm that connects downtown Milton directly to the riverfront. As the only privately controlled waterfront assemblage within the immediate project area, the property offers unmatched long-term leverage for developers seeking to establish a landmark presence in a supply-constrained, high-barrier downtown setting. The site is currently vacant, with approximately 0.67 and 0.68 acres per parcel, and is located within FEMA Flood Zone AE (BFE available), making it well suited for elevated or podium construction consistent with modern coastal and waterfront development practices.
    118 days
    |
    142
    |
    4
    |

    Zillow last checked:

    Listed by:

    Dean Cooledge,

    Keller Williams Realty Gulf Coast 850-471-5000

    Source: REALSTACK,MLS#: 100469

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Features
      • Has basement: No
      Video & virtual tour

      Property

      Lot
      • Size: 1.35 Acres
      Details
      • Parcel number: 031N2825300410000B0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Other

      Community & HOA

      Location
      • Region: Milton

      Financial & listing details

      • Tax assessed value: $195,030
      • Annual tax amount: $2,842
      • Date on market: 3/6/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,656/mo

        Price history

        DateEventPrice
        3/6/2026Listed for sale$520,000-8.6%
        Source: REALSTACK #100469 Report a problem
        1/28/2024Listing removed--
        Source: PAR #626045 Report a problem
        4/27/2023Listed for sale$569,000+26.4%
        Source: PAR #626045 Report a problem
        2/15/2022Sold$450,000+150%
        Source: Agent Provided Report a problem
        11/7/2006Sold$180,000+44%
        Source: Public Record Report a problem
        11/3/2005Sold$125,000+257.1%
        Source: Public Record Report a problem
        7/21/1998Sold$35,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,842 -1%$195,030
        2023$2,871 +115.9%$195,030 +216.5%
        2022$1,330 +51.7%$61,629 +10%
        2021$876 -1.6%$56,026
        2020$890 -1.4%$56,026
        2019$903 $56,026
        2018$903 +148.5%$56,026 +177.5%
        2017$364 $20,192
        2016$364 +11.1%$20,192
        2015$327 -2.2%$20,192
        2014$335 $20,192 +5.3%
        2013-- $19,182
        2012-- $19,182 -10%
        2011-- $21,314 -16.7%
        2008-- $25,577
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32570

        Getting around

        49 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel