
Recreational & Residential Land for Sale in Milton, Florida
Highway 87, Milton, FL 32583
Prime development opportunity with 38+/- acres of wooded land located along Highway 87 South in Milton, near the Yellow River Bridge. This unique property offers approximately 34 acres on the west side of Hwy 87 and an additional 4.5 acres on the east side, providing excellent visibility and access along this growing corridor. The property features a natural wooded setting with some wetlands, offering potential for creative site planning while maintaining privacy and natural surroundings. Currently zoned AGRR with potential for commercial rezoning, making it an attractive option for investors, developers, or businesses looking to establish a presence along this high-traffic highway. Conveniently located south of the interstate and near the entrance to the Eglin Reservation, this property sits in an area experiencing continued growth and development. With significant road frontage and flexible possibilities for future use, this parcel offers excellent potential for commercial, mixed-use, or long-term investment. Survey and wetlands report available upon request. This property being sold with neighboring property which is 9.98 acres to make it a total of 48.3. Reach out today on this gem. Beautiful property.
Location
- Street address
- Highway 87
- County
- Santa Rosa County
- Elevation
- 26 feet
Directions
Hwy 87 south of Interstate 10-on the corner of Farrington and Hwy 87-5 acres across on the other side of 87.
Property details
- Acreage
- 38.338 acres
- Zoning
- Agricultural, Res Single
- MLS #
- PAR 670498
- Posted
Parcels
- 221N270000001000000
Legal description
*DESCRIPTION UPDATED FOR 2025* E2 OF SE4 OF NE4 & N2 OF NE4 OF NE4 AS DES IN OR 442 PG 572 & IN OR 2718 PG 2075 LESS OR 128 PG 670 & LESS OR 2956 PG 1934 (.642 AC TO DOT) & AS DES IN OR 4585 PG 1393
Details and features
Listing
- Type
- Land
- Address
- Hwy 87
Lot
- View
- River
- Waterfront
- Pond, River Front, Waterfront
- Features
- Central Access, Corner Lot, No Improvements, Pond On Lot, Wooded
Nearby schools
| Name | Type |
|---|---|
| East Milton | Elementary |
| King | Middle |
| Milton | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 14, 2026 | Price drop | $695,000 | $100,000 -12.6% | PAR |
| Oct 1, 2025 | Price drop | $795,000 | $200,000 -20.1% | PAR |
| Sept 6, 2025 | New listing | $995,000 | — | PAR |









