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Recreational & Residential Land for Sale in Milton, Florida

Broad St, Milton, FL 32570

$1,550,000
40.3 acres
Active sale
ago
Est $11,431/mo

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
Elevation
2 feet
Coordinates
30.6322, -87.0337

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

Details and features

Listing

Type
Land
Franchise
None

Lot

Waterfront
River Front, Waterfront

Nearby schools

NameType
W. H. RhodesElementary
KingMiddle
MiltonHigh

Listing history

DateEventPriceChangeSource
May 9, 2026New listing$1,550,000PAR
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This 40.28-acre property is located at Broad St in Milton, FL 32570. The property is available for sale for $1,550,000 with a price per acre of $38,481.

Checked 1 hour ago — Updated

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