Property details
About 5851 Greenwood Rd
EXCEPTIONAL 118 ACRE PROPERTY WITH MULTIPLE INCOME-PRODUCING RENTAL UNITS-ENDLESS POTENTIAL!! Welcome to a rare opportunity to own 118 pristine acres of versatile land with a ready - to- stock private pond, perfectly positioned for investment, development, recreation, or private enjoyment. This expansive property features the perfect blend of agriculture, open pastures, wooded areas, natural beauty, and limitless potential and possibilities. HIGHLIGHTS INCLUDE...PERFECT FOR INVESTORS OR HOMESTEADERS - Build now or hold as long-term investment in rapidly-growing Jay, Florida. 118 DIVERSE ACRES - Ideal for farming, ranching, hunting, homesteading, or future development. MULITPLE RENTAL PROPERTIES and THREE RV SITES - Five single-family homes (Sold AS IS) on site, currently generating steady income. Ample space to add more rental homes, cabins, additional RV sites, or even a family compound. UTILITIES IN PLACE - Water, electric and septic systems are already established for the rental units, making expansion or upgrades easier. PRIVATE & ACCESSIBLE - Secluded feel with easy access to major highways or nearby towns. ZONED FOR AGRICULTURE/RESIDENTIAL USE - Flexible zoning allows for farming, equestrian use, a private retreat, or future development. Whether youre an investor looking for cash flow and land appreciation, a developer seeking a large parcel with income potential, or a family dreaming of a private estate with income-producing rentals - this property checks every box. Dont miss your chance to own this One-of-a-kind land opportunity. Contact us today for a private tour.
Highlights
Summary
- Waterfront: Pond, Natural Shoreline
- List Price: $750,000
- Lot: Cleared, Pond On Lot
- Directions: Hwy 87 North towards Jay past Allentown, Turn West on 399, right on Greenwood Road property on right about a half mile
- Lot Size: 118 Acres
- MLS Number: 643220
- MLS Name: Pensacola MLS
- Office Name: JANET COULTER REALTY
- Office Phone: (850) 206-3666
- Listing Agent: Janet Coulter
Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 8:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
6
Jay Elementary School
Public District PK-6
5.2 mi
•13833 Alabama St
8
Chumuckla Elementary School
Public District PK-6
11.8 mi
•2312 Highway 182
7
W S Neal Elementary School
Public District PK-4
12.7 mi
•701 Williamson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,119. The majority of Jay, FL residents have income between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country- Country
Frequently asked questions
About 5851 Greenwood Rd
The listing price of 5851 Greenwood Rd property is $750,000.
The property 5851 Greenwood Rd is land located in Jay, Florida, 32565.
Active Listing: 5851 Greenwood Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5851 Greenwood Rd are: Jay Elementary School (GreatSchools Rating 6/10), Chumuckla Elementary School (GreatSchools Rating 8/10), W S Neal Elementary School (GreatSchools Rating 7/10), Pollardmccall Junior High School (GreatSchools Rating 8/10), W S Neal Middle School (GreatSchools Rating 7/10), Martin Luther King Middle School (GreatSchools Rating 4/10), Jay High School (GreatSchools Rating 4/10), Central School (GreatSchools Rating 3/10), W S Neal High School (GreatSchools Rating 7/10).
The property 5851 Greenwood Rd is 118 acres.
This home is located at 5851 Greenwood Rd in Jay, FL and zip code 32565. Features: 0 bathroom. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $750,000.
In June 2025 more than 3 listings in Jay, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Jay, FL increased by 2.3% between May and June 2025. The median list price of listings available in June 2025 was $310,990, while the average time on the real estate market was 92 days.