02 Petersen Pt Rd, Milton, FL 32583

Listing agent Kathleen Batterton Show Phone

Listing office Levin Rinke Realty i***@resortrealtylife.com 220 W Garden Street Suite 125, Pensacola Beach, FL Show Phone

Listing date Jan 20, 2026

Report an issue

MLS# 676345 Listing URL

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.

---

Overview

This parcel, located near the private, waterfront community of Petersen Point on Blackwater Bay in Milton, Florida, presents an opportunity to own approximately 0.468 acres of land. The property is situated directly across from the water, offering a waterfront lifestyle ambiance. The site is suitable for designing and building a custom home. Petersen Point is noted as a quiet, private neighborhood known for its natural beauty and coastal charm, appealing to those seeking space, privacy, and access to the water.

Suggested Use

Real Estate Agency Dental Office Auto Repair Shop Pharmacy Department Store Food Market Grocery & Convenience Store Bar & Pub Discount Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Milton

County

Santa Rosa

State

Florida

Longitude

-87.001409

Latitude

30.589809

Nearby Similar for Sale

• 

  $249,000

  3,000 SF

  Waterfront Land Ready For Building

  0.45-acre waterfront double lot with utilities in place.

  5056 San Miguel St, Milton, FL 32583

  View Details
• 

  $259,000

  Milton, FL Land For Sale

  0.918 acre lot with redevelopment potential near Avalon Blvd.

  5901 Carroll Rd, Milton, FL 32583

  View Details
• 

  $179,000

  Milton Land with Redevelopment Potential

  Land for sale in Milton, Florida, with redevelopment potential.

  5907 Carroll Rd, Milton, FL 32583

  View Details
• 

  $250,000

  Land with Avalon Blvd Frontage

  Commercial land with road frontage near new courthouse.

  3981 Avalon Blvd, Milton, FL 32583

  View Details
• 

  $190,000

  Prime Commercial Land on Avalon

  Highly visible .309-acre parcel on Avalon Blvd near I-10.

  Avalon Blvd lot: Aa, Milton, FL 32583

  View Details
• 

  $50,000

  Land with Blackwater Bay View

  Half-acre lot with Blackwater Bay view, convenient location.

  Owensville Road, Milton, FL 32583

  View Details
• 

  $293,000

  1,256 SF

  5.01 Acres with Pecan Trees

  5.01 acres with mature pecan trees and livable home.

  5568 Forest Hills Ln, Milton, FL 32570

  View Details
• 

  $315,000

  Waterfront Land with Boat House

  Cleared waterfront property with deep-water canal access, multiple entry points, and a boat house on site.

  7524 Petersen Pt Rd, Milton, FL 32583

  View Details
• 

  $30,000

  Corner Lot in Growing Area

  Prime corner lot near downtown, schools, shopping, and recreation.

  11th Ave lot: 1, Milton, FL 32583

  View Details
• 

  $45,000

  Residential Land Near Blackwater Bay

  Land near Blackwater Bay, close to amenities and transportation.

  Austin Drive, Milton, FL 32583

  View Details
• 

  $1,500,000

  85+ Acres in Milton, Florida

  85.38 acres ideal for private estate or development.

  Pearson Rd, Milton, FL 32583

  View Details
• 

  $119,500

  Blackwater Bay View Homesite

  Residential lot with bay views in gated community, Milton, Florida.

  1045 Oyster Bay Dr, Milton, FL 32583

  View Details

FAQs

What type of property is this?

Residential land & home lot - Land parcel near waterfront community, ideal for custom home.

Where is this residential land & home lot located?

The property is located at 02 Petersen Pt Rd Milton, FL.

What is the asking price?

The asking price for this property is $48,900.

What are key features of this property?

This property features: Large lot, nearly half an acre, provides ample space to build.; Located across from Blackwater Bay, offering a waterfront lifestyle.; Opportunity to purchase the adjoining lot for an even larger homesite.