MOLINO AREA! Escambia County, FL (Emerald Coast Estates). NEW PRICE! NEW PRICE! This property is located on Hwy 97, at the Molino/Walnut Hill cut-off. This 20.12 acre parcel features open land that can be used for pasture and planted pines and hardwood. Corner lot with frontage on Hwy 97. (GPS use 2701 Hwy 97 Mailing address this mailbox is in front of this parcel. ) Association Dues yearly are $300.00 a year for Emerald Coast Estates..