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.
Lot/land
$695,000
0 Highway 87 S, Milton, FL 32583
--beds
--baths
38.34Acres
Unimproved Land
Built in ----
38.34 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Some wetlandsNatural wooded settingSignificant road frontage
- 356 days
- 101
- 4
Zillow last checked:
Listing updated:
Listed by:
Teresa Mclellan 850-324-1326,
SUN QUEST PROPERTIES OF NWF,I
Source: PAR,MLS#: 670498
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Has view: Yes
- View description: Pond, River
- Has water view: Yes
- Water view: Pond, River
- Waterfront features: Pond, River Front, No Waterfront Features
- Frontage length: Water Frontage(0)
Lot
- Size: 38.34 Acres
- Features: Wooded, Central Access, Corner Lot, No Improvements
- Topography: High/Dry,Wetlands
Details
- Parcel number: 221n270000001000000
- Zoning description: Agricultural,Res Single
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Natural Gas Not Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Milton
Financial & listing details
- Price range: $695K - $695K
- Date on market: 9/6/2025
- Cumulative days on market: 266 days
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/25/2026 | Price change | $179,600-74.2% |
Source: | ||
| 2/13/2026 | Price change | $695,000-56.6% |
Source: | ||
| 12/4/2025 | Price change | $1,600,000+101.3% |
Source: | ||
| 9/30/2025 | Price change | $795,000+127.8% |
Source: | ||
| 9/6/2025 | Price change | $349,000-64.9% |
Source: | ||
| 9/6/2025 | Listed for sale | $995,000+184.3% |
Source: | ||
| 11/1/2023 | Sold | $350,000-6.7% |
Source: | ||
| 10/5/2023 | Pending sale | $375,000 |
Source: | ||
| 8/14/2023 | Listed for sale | $375,000-84.7% |
Source: | ||
| 8/9/2022 | Listing removed | -- |
Source: | ||
| 2/13/2022 | Price change | $2,443,000+31220.5% |
Source: | ||
| 9/10/2021 | Listed for sale | $7,800 |
Source: Space Coast AOR #906132 Report a problem | ||
| 9/6/2021 | Contingent | $7,800 |
Source: Space Coast AOR #906132 Report a problem | ||
| 5/27/2021 | Listed for sale | $7,800-91.3% |
Source: Space Coast AOR #906132 Report a problem | ||
| 4/15/2021 | Sold | $90,000-94.6% |
Source: | ||
| 12/1/2020 | Listed for sale | $1,652,000 |
Source: REAL ESTATE COUNSELORS #551174 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 32583
Nearby schools
Schools provided by the listing agent
- Elementary: East Milton
- 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.






