Lot/land

$500,000

Mike Gibson Ln, Milton, FL 32583

--beds

--baths

0.51Acres

Unimproved Land

Built in ----

0.51 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Build your dream home on this .51-acre vacant lot with direct frontage on Pensacola Bay. The west-facing property offers wide open water views toward Pensacola and stunning sunsets every evening. Located on Garcon Point, you’re just 10 minutes from I-10 and 25 minutes from Downtown Pensacola, giving you the best of both worlds—peaceful waterfront living with quick access to city amenities. Drop your boat in and explore: you're 10 minutes to the Escambia River or Blackwater Bay, 20 minutes to the Blackwater River or Downtown Pensacola, and about 35 minutes to the Gulf of Mexico. The options for boating, fishing, and water recreation are nearly endless. The lot is level, partially shaded by mature trees, and includes a riprap sea wall that has held up strong through recent storms—ready for your plans to take shape.

525 days
95
4

Facts & features

Interior

Features

Has basement: No

Property

Features

Has view: Yes
View description: Bay, Water
Has water view: Yes
Water view: Bay, Water
Waterfront features: Bay, Waterfront, Block/Seawall, Rip Rap
Frontage length: Water Frontage(107),Road Frontage(107)

Lot

Size: 0.51 Acres
Topography: Level

Details

Parcel number: 281s280000009050000
Zoning description: Res Single

Utilities & green energy

Sewer: None
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Milton

Financial & listing details

Tax assessed value: $218,250
Annual tax amount: $2,141
Price range: $500K - $500K
Date on market: 5/5/2025
Cumulative days on market: 478 days
Road surface type: Gravel

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/3/2026	Price change	$500,000-4.8%
Source: PAR #663791 Report a problem
3/13/2026	Price change	$525,000-4.5%
Source: PAR #663791 Report a problem
5/5/2025	Listed for sale	$550,000+111.5%
Source: PAR #663791 Report a problem
9/5/2006	Sold	$260,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,141 +14.8%	$155,355 +10%
2024	$1,865 -8.6%	$141,232 +10%
2023	$2,041 +21.8%	$128,393 +10%
2022	$1,676 +12.6%	$116,721 +10%
2021	$1,489 +20.3%	$106,110 +21.5%
2020	$1,238 -0.3%	$87,300
2019	$1,241	$87,300
2018	$1,241 +0.6%	$87,300
2017	$1,233	$87,300 +7.1%
2016	$1,233 +6.7%	$81,480 +21.7%
2015	$1,156 +12.6%	$66,960
2014	$1,027	$66,960 +5.3%
2013	--	$63,612
2012	--	$63,612 -8%
2011	--	$69,112 -16.7%
2010	--	$82,935 -25%
2009	--	$110,580 -25%
2008	--	$147,440
2007	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--