About This Home

This land at S Hwy 87 in Milton, FL is listed for $599,000 (38.34 acres).

Key Features

  • 38.34 acre lot
  • Waterfront

Amenities

WaterfrontView
Listing Description

Owner will consider splitting parcels for less acreage. 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 4.85 acres on the east side, providing excellent visibility and access along this growing corridor.

The property features a natural wooded setting with a lake for fishing in the 22 acres section, 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.

Current 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

S Hwy 87

Milton, FL 32583

Property Details

Views

River

Questions & Answers

This 0-bedroom, 0-bathroom land at S Hwy 87 is listed at $599,000. The estimated monthly payment is $3,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 38.34 acre lot, Waterfront.

This property is listed by Teresa Mclellan and can be reached at 8509320202.

TM

Teresa Mclellan

Agent at SunQuest Properties of NW FL Inc.

(850) 932-0202
Agent website

Listed by SunQuest Properties of NW FL Inc. · Broker phone: (850) 324-1326 · View on Broker Site · Broker website

MLS# 670498· Source: Pensacola Association of REALTORS· 275 days on PropertySimple

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

S Hwy 87, Milton, FL 32583

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