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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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70017005 7001/7005 Old Spanish Trl , Milton, FL 32583
$550,000
Est. Payment: $2,789.50/mo
3 Bed
2 Bath
771 Sqft
Status: active | Days on site: 148
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Rare waterfront opportunity offering 200 feet of deep-water frontage, ideal for boating, fishing, kayaking, and swimming--right from your backyard. This unique property features a licensed marina with 15 slips and significant potential for expansion, making it an excellent opportunity for investors or owner-operators looking to generate additional income. With vision and a little TLC, the possibilities are wide open: expand the marina, add additional slips, or explore future waterfront business opportunities. The 1,357-square-foot home provides comfortable living with flexibility for an owner, on-site manager, or potential rental income. The property also includes a 380 square foot enclosed patio and a 200 square foot workshop, adding functional space for storage, hobbies, or marina operations. Located just 3 minutes from Downtown Milton, 34 minutes to Downtown Pensacola, 44 minutes to Pensacola Beach, and 48 minutes to NAS Pensacola, this property offers a rare combination of waterfront lifestyle, business potential, and convenient access to the Gulf Coast. Enjoy the marina lifestyle while creating income and building something special on the water. Opportunities like this are hard to find in this area.

Highlights

Listed by Erik T Hansen , 850-377-2201 Keller Williams Realty Gulf Coast , 850-471-5000. Emerald Coast Multiple Listing Services

Property Type

Residential

Year Built

1993

County

Santa Rosa

Area

10 - North Santa Rosa County

Neighborhood

Milton Courts

Listing ID

998081

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Freezer, Microwave, Refrigerator, Water Heater - Gas
Air Cond:Ceiling Fans
Fireplaces:
Floor:Floor Hardwood
Other:
  • Additional:Washer/Dryer Hookup

Exterior Features

Lot:Bay,Bayou
Lot Dimensions:2.25 acres
Zoning:Commercial, Resid Multi-Family, Resid Single Family
Sewer:Septic Tank
Parking Features:Boat,Carport,Guest,RV,See Remarks
Principal Interest
$2,789
Taxes
$351

Home Price

$550,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,789.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,789.50 $350.63 $0.00 $3,140.12
Yearly $33,473.95 $4,207.50 $0.00 $37,681.45
Total $1,004,218.64 $126,225.00 $0.00 $1,130,443.64

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Milton, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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