Single Family Residence in Liberty Farms, Milton · No CDD · Built 2026
Liberty Farms · Milton, FL 32583 · Santa Rosa
Listing data updated September 13, 2026 · refreshed twice daily
4Bedrooms
2Bathrooms
1,787Sq Ft
2026Year Built
$171Per Sq Ft
2-car garageNew constructionNo CDDFEMA Zone X4 bedrooms
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
6% above
$/sq ft vs community
$171 here vs $162 median sold (12 mo)
Buyer leverage
Balanced market
3.0-month supply
3.0 months
Supply around this home
Seller <3 · balanced 3-6 · buyer >6
Zone X
Flood risk
Minimal hazard per FEMA; ~127 ft elevation
$500–$2k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
As of September 13, 2026, 5148 Rainwater Rd in Liberty Farms, Milton is listed at $304,900 (1,787 sq ft, about $171 per sq ft). That sits within a few percent of Liberty Farms's median closed sale of $297,945 over the last 12 months (20 recorded sales). It came to market within the past week. Listing facts: new construction, HOA dues of $38/mo. The parcel maps to FEMA flood zone X, outside the special flood hazard area. Figures are from the MLS record and county data; deemed reliable but not guaranteed.
No CDD assessment on record
New construction — built 2026
1,787 sq ft of living area
2-car garage
Listed at $304,900 — recent neighborhood median sale price ~$297,945 (nearby sales; deemed reliable, not an appraisal)
Active listing
HOA $38/mo (per listing)
Momentum Research · Liberty Farms
Pricing & the Liberty Farms market
How this home is priced against recent nearby sales, and where Liberty Farms has been over 25 years. Momentum Research analysis of Pensacola MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.
This home’s $/sq ft vs. nearby sales
List $/sq ft against recent nearby closed sales; the community median is marked.
Property timeline
This home’s history
2026BuiltPer public record
Aug 4, 2026First trackedObserved at $304,900
NowUnder contractCurrently pending
Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.
Financing
Estimated monthly payment
$1,968/mo
Principal & interest $1,584/mo80%
Taxes $267/mo14%
Insurance $80/mo4%
HOA $38/mo2%
$1,968/mo at 20% down, 30-yr @ 6.76% · edit any field to update.
Strongest on: Flood safety (95), Insurance cost (80)
0 limited50100 exceptional
52/100 is below average across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.
A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.
Price vs area36
This home $171/sq ft vs the community 12-month median $162/sq ft.
Affordability46
List price $304,900 vs the community median $297,945. Not a measure of personal affordability.
Flood safety95
FEMA Zone X, ~127 ft elevation. Verify the parcel with FEMA.
Insurance cost80
From FEMA Zone X and a 2026 build. Obtain a property-specific quote.
Market liquidity47
Community median 86 days on market, ~3.0 months of supply (12-month record).
Renovation upside10
From a 2026 build and $171/sq ft vs the community median $162/sq ft. Not a condition assessment.
Pricing power52
Recent sales closed at about 97.7% of original asking (~2.3% below). More room below asking generally favors buyers.
Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.
Momentum Research
The Momentum read
🟡 Asking $171 per square foot, about 6% above the community’s $162 median. Liberty Farms’s 12-month median sold price per square foot is $162. Confidence: High · 20 closed sales in 12 monthsMLS facts: Pensacola MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.
Recent Liberty Farms sales closed near 97.7% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Pensacola MLS records, community-level, 12 months ending September 12, 2026. Aggregates only; deemed reliable but not guaranteed.
What’s unique here: one of only 5 active listings in Liberty Farms, no CDD assessment.
Updated September 13, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Listing description
About this home
Welcome to Liberty Farms Community! The Cali model, one of our most sought-after designs, offers a fantastic open layout for relaxed living. Offers 4 bedrooms, 2 bathrooms, a covered back patio, 2-car garage, and the 'Smart Home Connect' System with various convenient Smart Home devices.
The well-appointed kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. Quartz Countertops in the Kitchen & Baths. Bedroom 1 and the adjoining beautiful bath boast a large walk-in closet, double vanity sinks, and more.
Fabric Hurricane window and door protection is also included. Enjoy the stylish curb appeal in this rapidly growing area with easy access to the interstate.
Description provided by D R Horton Realty of NW Florida, LLC and reproduced from the MLS; not independently verified.
Property facts & sources
Every fact, sourced
Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.
Listing facts MLS
List price$304,900
Bed / bath4 / 2
Living area1,787 sq ft
Year built2026
Property typeSingle Family Residence
Garage2-car
MLS #686896
Listing statusPending
Public records & third-party data
FEMA flood zoneZone X
Ground elevation~127 ft
Windstorm exposureLow
CountySanta Rosa
Area listings5 active · 10 under contract
Estimated first-year tax~$3,201/yr
CDD assessmentNone on record
HOA (per listing)$38/mo
Calculated estimates
Price per sq ft$171
Estimated monthly payment$1,968
Insurance (illustrative)$500–$2k/yr
Messtimate range$285,920 – $300,216
Comparable-sales median$297,945
Buyer should verify Buyer verify
Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.
$285,920the mess$300,216
Actual list price: $304,900 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.
A 5% spread on the same house — and that gap is exactly what an automated guess can't see:
Condition & finishes — as new construction, builder upgrades and finish level aren't in a sq ft number.
The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
Outliers skew it — the band above comes from 6 nearby sales; one flip or distressed sale moves the whole $/sq ft.
Carrying costs & concessions — this home carries HOA dues of $38/mo; with insurance and any seller-paid buydown, that changes what a buyer actually pays, and a sq ft estimate ignores all of it.
And here's what the live market is doing — which the number above ignores entirely:
3 active listings competing, 12 under contract
≈3.0 months of supply
20 closed here in the last 12 months
For reference, this home is listed at $304,900 ($171/sq ft) — a number set with analysis a Messtimate can't do.
Want a property-specific review from a licensed agent? A Momentum Realty agent will do a real, free comparative market analysis — walking the home, the lot, the condition, and the live market. That's the difference between a Messtimate and a valuation.
Methodology: 1,787 sq ft × $160–$168/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 13, 2026.
Keep looking
Similar homes for sale near Liberty Farms
Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.
Listed for $304,900Momentum Realty · on market 0 days
Public records
Building permits
Permit history not yet linkedConfirm permit history with the county building department.
Estimated ownership costs
Estimated costs & disclosures
Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.
Property tax (first-year est.)
~$3,201/yr
A rough first-year estimate only, applying a typical Santa Rosa rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.
CDD assessment
None
No CDD assessment on record for this community.
Insurance (illustrative range)
$500–$2k/yr
An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood insurance not federally mandated (Zone X). Get a quote from a licensed insurer before relying on any figure.
HOA
$38/mo
Covers the master association & common areas. Confirm exact dues and what they include.
Environmental data
Flood zone & elevation
Sourced environmental data for the parcel. Confirm with FEMA and your insurer.
FEMA flood zone
Zone X
From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.
Ground elevation
~127 ft
Approximate parcel elevation from USGS; confirm exact elevation with a survey.
Windstorm / insurance
Obtain a quote
This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.
Connectivity
Internet & broadband
Fiber
Check availability
AT&T Fiber covers much of NE Florida; confirm availability at the address.
Cable
Likely
Xfinity/Spectrum cable broadband is widely available.
5G Home
Backup
T-Mobile / Verizon fixed-wireless as a backup option.
Seen enough photos?
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Listed by D R Horton Realty of NW Florida, LLC · MLS # 686896
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Market data · public records
Recent sales activity in Liberty Farms
Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the Liberty Farms neighborhood guide for more.
Comparable sales found
6
Recent nearby closings in the data set.
Community median sale price
$297,945
Canonical 12-month median closed price. Reference only.
Community median $/sq ft
$162
Canonical 12-month median $/sq ft. Reference only.
Go deeper on Liberty Farms
See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.
Recent local developments near this home, compiled from news and public sources. Provided for general information; verify details with the original source.
Jul 2026 · Development
Goldring Gulf Distributing plans expansion at Milton facility
Goldring Gulf Distributing filed plans to add 76,400 square feet to its existing 192,000 square foot beverage distribution facility in the Santa Rosa County Industrial Park in East Milton. The expansion would grow the company's footprint in Northwest Florida.
Why it matters: Enlarges an established industrial and distribution operation within the Santa Rosa County Industrial Park and expands the county's industrial base. The site is about 3 miles east of Liberty Farms.
Circle K convenience store planned for Navarre Parkway
Plans for a Circle K convenience store with a gas canopy were submitted to Santa Rosa County in May 2026 for a site at 8510 Navarre Parkway. The proposal is under review by county development services.
Why it matters: Adds a fuel and convenience retail option along the Navarre Parkway commercial corridor and expands roadside services in the local market. The project is about 19 miles southeast of Liberty Farms, elsewhere in Santa Rosa County.
Schools currently assigned to this address in Santa Rosa County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.
GRADEC
BagdadAssigned elementary school · Santa Rosa County School District · Grade C (Florida DOE 2025-26)
R. HOBBSAssigned middle school · Santa Rosa County School District
GRADEB
MiltonAssigned high school · Santa Rosa County School District · Grade B (Florida DOE 2025-26)
Assigned schools per the MLS listing — assignments can change; confirm current zoning with the district. Browse school-zone pages →
How it stacks up
Comparable recent sales
Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.
Sold Jul 2026
$299,900
9735 Dutton Ln, Milton
4 / 2 bd/ba · 1,787 sq ft · $168/sq ft
Courtesy of D R Horton Realty of NW Florida, LLC · View details →
Sold Jun 2026
$289,900
9727 Dutton Ln, Milton
4 / 2 bd/ba · 1,787 sq ft · $162/sq ft
Courtesy of D R Horton Realty of NW Florida, LLC · View details →
Sold Jun 2026
$289,900
5094 Rainwater Rd, Milton
4 / 2 bd/ba · 1,787 sq ft · $162/sq ft
Courtesy of D R Horton Realty of NW Florida, LLC · View details →
Sold Jun 2026
$299,900
5009 Rainwater Rd, Milton
4 / 2 bd/ba · 1,870 sq ft · $160/sq ft
Courtesy of Patriot Realty · View details →
Sold Jun 2026
$295,000
5063 Rainwater Rd, Milton
4 / 2 bd/ba · 1,870 sq ft · $158/sq ft
Courtesy of Ross And Co. · View details →
Sold Aug 2026
$274,900
9711 Dutton Ln, Milton
3 / 2 bd/ba · 1,568 sq ft · $175/sq ft
Courtesy of D R Horton Realty of NW Florida, LLC · View details →
Community 12-month median: $162/sq ft. Shown for general reference only — this is not an appraisal or a statement of this home's value. Sold prices are public record and deemed reliable but not guaranteed.
If you rent it out
Investment snapshot
Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.
Estimated rent$1,397 – $2,033/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.6%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$612 – −$40At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide
Buyer research checklist
Items worth confirming for 5148 Rainwater Rd, chosen from what the record shows. This is general guidance, not advice about this specific property.
New construction: get the builder's warranty terms and the certificate of occupancy in writing, and ask which finishes shown are upgrades.
HOA dues are listed at $38/mo: request the current budget, reserves, and rules before relying on that figure or on any restriction.
FEMA flood zone X: flood insurance is not usually required, but get a quote anyway — FEMA reports roughly one in four flood claims come from outside high-risk zones.
Get a homeowners insurance quote for this specific address in Santa Rosa County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
Listed living area is 1,787 sq ft: verify it against the property appraiser's record and measure before relying on it.
Order a survey to confirm lot boundaries and easements.
Review permit history with the county.
Property taxes: the estimate on this page (about $3,201/yr) assumes reassessment at the list price; the seller's homestead cap does not transfer, so their current bill is not a guide.
School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Nearby & commute
Approximate distances
Approximate drive times for general reference only.
Pensacola MLS, refreshed twice daily (last: September 13, 2026)
Community market stats
Pensacola MLS closed sales, as of September 12, 2026
Flood zone & elevation
FEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly cost
Estimated from county rates; not a quote
Insurance figure
Modeled estimate; obtain a real quote before offering
Schools
2025-26 district assignments; verify with the district
Momentum Research lines are our own analysis of Pensacola MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.
Answered before you ask
Frequently asked questions
How big is 5148 Rainwater Rd and when was it built?
Per the listing record, 5148 Rainwater Rd was built in 2026 and has 1,787 sq ft of living area, 4 bedrooms and 2.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.
What community is 5148 Rainwater Rd in?
5148 Rainwater Rd is in Liberty Farms in Milton, Santa Rosa County. The community section on this page shows recent closed sales, days on market, and active inventory for Liberty Farms from the same MLS data.
Does 5148 Rainwater Rd have an HOA, and how much are the dues?
The listing reports HOA dues of $38 per month. Dues, what they cover, and the community's rules should be confirmed from the association's current documents before relying on them.
Why might property taxes on 5148 Rainwater Rd differ from the current owner's?
The estimate on this page (about $3,201 per year) assumes reassessment at the list price. Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment resets after a sale, so a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.
Is 5148 Rainwater Rd in a flood zone?
The FEMA flood map places this parcel in Zone X, outside the special flood hazard area, so flood insurance is not usually required by a lender. It is still available and worth quoting; confirm the parcel's status with FEMA and your insurer.
Can I rely on the figures on this page?
No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.
Ready when you are
See 5148 Rainwater Rd in person
Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.
Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.
Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.
Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.
Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.
Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.
No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.
Sold price and details are from public records and the MLS, deemed reliable but not guaranteed. Shown for comparison only — not an appraisal or a statement of this home's value.
