For sale - Active

0 Broad St

About this place

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.

Courtesy of Levin Rinke Realty

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Property Highlights

Property type LAND/ACREAGE
Status Active
City Milton
Zip 32570
County Santa Rosa
Updated Aug 31, 2026
MLS ID 682356

Exterior Features

Roof See listing details
Construction Features LAND/ACREAGE
Parking See listing details
Waterfront Nearby / listed

Interior Features

Property Type LAND/ACREAGE

Financial Details

List Price $1,499,000
Estimated Payment $9,594/mo
Status Active

Location

County Santa Rosa
City Milton
ZIP Code 32570

Schools

Elementary School W. H. Rhodes
Middle School KING
High School Milton

0 Broad St is located in Milton, FL 32570

Payment calculator

$9,594 per month 30 year fixed, 7.25% interest

Down payment estimate: $299,800. Taxes, insurance, HOA fees, and lender costs are not included.