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Recreational & Residential Land for Sale in Milton, Florida

Highway 87, Milton, FL 32583

$695,000
38.3 acres
Active sale
$100k drop
Est $5,125/mo

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
Elevation
26 feet
Coordinates
30.586, -86.9333

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

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

NameType
East MiltonElementary
KingMiddle
MiltonHigh

Listing history

DateEventPriceChangeSource
Feb 14, 2026Price drop$695,000$100,000 -12.6%PAR
Oct 1, 2025Price drop$795,000$200,000 -20.1%PAR
Sept 6, 2025New listing$995,000PAR
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This 38.338-acre property is located at Highway 87 in Milton, FL 32583. The property is available for sale for $695,000 with a price per acre of $18,128.

Checked 1 hour ago — Updated

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