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Lot/land
  • $1,550,000

    0 Broad St, Milton, FL 32570

    --beds
    --baths
    40.28Acres
    Unimproved Land
    Built in ----
    40.28 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Waterfront exposureEntirely within city limits
    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.
    52 days
    |
    347
    |
    25
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Jones 901-488-2405,

    Levin Rinke Realty,

    Jordan Jones 850-361-8170,

    Levin Rinke Realty

    Source: PAR,MLS#: 682356MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Features
      • On waterfront: Yes
      • Waterfront features: River Front, Waterfront
      Lot
      • Size: 40.28 Acres
      Details
      • Parcel number: 342n280000161000000
      • Zoning description: Res Multi,Res Single

      Utilities & green energy

      • Electric: None
      • Sewer: None
      • Water: None

      Community & HOA

      Community
      • Features: Dock, Fishing, Picnic Area
      • Subdivision: None
      Location
      • Region: Milton

      Financial & listing details

      • Price range: $1.6M - $1.6M
      • Date on market: 5/9/2026
      • Cumulative days on market: 52 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/9/2026Listed for sale$1,550,000
        Source: PAR #682356 Report a problem
        5/1/2026Listing removed$1,550,000
        Source: PAR #665294 Report a problem
        12/15/2025Price change$1,550,000-3.1%
        Source: PAR #665294 Report a problem
        11/11/2025Price change$1,600,000-8.6%
        Source: PAR #665294 Report a problem
        8/11/2025Price change$1,750,000-7.9%
        Source: PAR #665294 Report a problem
        6/2/2025Listed for sale$1,900,000
        Source: PAR #665294 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32570

        Getting around

        3 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: W. H. Rhodes
        • Middle: KING
        • High: Milton

        Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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