
Recreational & Residential Land for Sale in Milton, Florida
Broad St, Milton, FL 32570
This is one of the most extraordinary waterfront properties on the Florida Gulf Coast, a 40.28 acre private island in the heart of Milton, surrounded by the pristine waters of the Blackwater River. Rarely does an opportunity arise to own an island of this scale entirely within city limits, offering unmatched privacy, natural beauty, and long-term investment potential in one of Northwest Florida's fastest growing markets. Hidden beneath a canopy of mature hardwoods and native timber, this remarkable island delivers the feeling of a remote wilderness retreat while remaining just minutes from downtown Milton, shopping, dining, schools, medical facilities, and Interstate 10. Whether envisioned as a private family compound, luxury waterfront estate, eco-tourism destination, corporate retreat, conservation sanctuary, or future development opportunity, the possibilities here are truly limitless. Positioned along the historic Blackwater River, renowned for its dark tannin-rich waters, exceptional fishing, kayaking, boating, and wildlife, the property offers a setting that is both peaceful and unforgettable. The view of downtown Milton makes this Island a true hidden gem. Large private islands within Florida city limits are exceptionally rare, especially properties offering this level of acreage, waterfront exposure, and strategic location. Conveniently located near downtown Milton, Peter Prince Field, Downtown Pensacola, and the sugar-white beaches of the Florida Gulf Coast, this property combines natural Florida beauty with strong future upside. This is more than just land. It is a legacy property, a private sanctuary, and a once-in-a-generation opportunity to own a true island retreat in Northwest Florida.
Location
- Street address
- Broad St
- County
- Santa Rosa County
- Elevation
- 2 feet
Directions
The Island is located in the Blackwater River between Carpenter Park and Russell Harbor
Property details
- Acreage
- 40.28 acres
- Zoning
- Res Multi, Res Single
- MLS #
- PAR 682356
- Posted
Parcels
- 342N280000161000000
Legal description
Description Update For 2022 Entire Island Known As Chaffin Island Or Buzzards Island That Lies In The Blackwater River In Milton Fl & More Particularly Inc That Part Of Island #1 West Of River That Lies In S2 Of Se4 Of Section 34 Township 2 North Range 28 West & In Section 35 Township 2 North Range 28 West & In Section 3 Range Township 1 North Range 28 West All Des In Or 3138 Pg 1520 & In Or 4239 Pg 685
Details and features
Listing
- Type
- Land
- Franchise
- None
Lot
- Waterfront
- River Front, Waterfront
Nearby schools
| Name | Type |
|---|---|
| W. H. Rhodes | Elementary |
| King | Middle |
| Milton | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 9, 2026 | New listing | $1,550,000 | — | PAR |
