00 MEMORY LANE, MILTON, FL, 32583
Active64 days on marketListed May 22, 2026MLS #OM725186
About this home
00 MEMORY LANE
This nicely wooded 5+ acre parcel is within minutes of downtown Milton. Fully paved roads take you from town and down Memory Lane, on your right, through the trees is a 1285 ft long deeded easement that can one day take you to your wooded retreat. It is zoned Rural Residential and Agricultural, so build the house and bring the farm! Santa Rosa County has this description for the Zoning: "Rural Residential Agriculture (AG-RR) – To provide suitable areas for low density residential development. This district is characterized by single family detached structures and other structures that are accessory to the residence. This district may also include conditional uses for community facilities and utilities that service specifically the residents of this district or which are benefited by and compatible with a rural residential and farming environment. The allowable density for Rural Residential Agriculture is 1 dwelling unit per acre." The flood zone for this parcel is X (the best) so no extra ins required! While the access to the lot is currently not accessible by car, you may walk the property after speaking to your Realtor.
Facts & features
The home at a glance
5.4 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$795 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$795/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Milton
Get to know Milton. See the full Milton guide →
MILTON 32583 — neighborhood snapshot
Population
31,415
Median age
39.9
Median income
$84,957
Median home value
$229,700
Avg household
2.57
Households w/ children
3,127
For the school run
Santa Rosa County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Milton market
$80K → $195K
Milton median sold, yr/yr
Median sold price, Milton, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 5% below the MILTON 32583 median. See the full Milton market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gianfranco Di Flumeri Petrelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 00 MEMORY LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 00 MEMORY LANE — before you fall in love.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
00 MEMORY LANE FAQs
What would the monthly payment be for 00 MEMORY LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $795/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 00 MEMORY LANE?+
The most recent tax bill on record (2025) was $788. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Milton?+
At $89,900, this home is listed about 76% below the Milton median of $367,450. The market section on this page shows how the area is trending.
Which schools are assigned to 00 MEMORY LANE?+
Bennett C Russell Elementary School (elementary), Milton High School (high) — Santa Rosa County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the MILTON 32583 market on paper
$89,900 is 5% below the MILTON 32583 median of $94,450.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
64 days on market against a Milton median of 25 — sellers in this position are usually ready to negotiate.
Listing courtesy of KELLER WILLIAMS CORNERSTONE RE · Jason Anderson. MLS #OM725186.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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