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.
Lot/land
Price cut: $25K (6/3)
$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
- 428 days |
- 129 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Brenda Wade 813-924-8677,
Keller Williams South Tampa
Source: PAR,MLS#: 663791
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: $183,330
- Annual tax amount: $1,865
- Price range: $500K - $500K
- Date on market: 5/5/2025
- Cumulative days on market: 429 days
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
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 |
|---|---|---|
| 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 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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: 32583
Nearby schools
GreatSchools rating
- 5/10Bagdad Elementary SchoolGrades: PK-5Distance: 10.2 mi
- 7/10Avalon Middle SchoolGrades: 6-8Distance: 7.4 mi
- 4/10Milton High SchoolGrades: 9-12Distance: 12.2 mi
Schools provided by the listing agent
- Elementary: Bennett C Russell
- Middle: AVALON
- High: Milton
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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.
- Florida
- Santa Rosa County
- Milton
- 32583
- Mike Gibson Ln
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