5148 Willing St
Milton, FL 32570
Land For Sale · 1.35 AC

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. Investment Highlights • ±1.35 acres of assembled waterfront land (two parcels) • Direct frontage on the Blackwater River • D-CM zoning allows mixed-use, retail, office, and hospitality • Walkable to downtown Milton’s commercial core and civic uses • Adjacent to the planned Courthouse Redevelopment District • Ideal for boutique hotel, destination restaurant, or live performance venue • Rare opportunity to control the primary waterfront commercial node for the district • Strong regional growth in Santa Rosa County, one of Florida’s fastest-growing counties • Utilities available in the immediate area