Blackwater River Waterfront
For Sale
$1,550,000
Broad St, Milton, FL 32570
Land, Milton, FL
Property SizeContact for details
Lot Size40.28 Acres
Days on Market107
Property Features for Broad St
General Information
Property type
Land
Property subtype
Other
Zoning description
Res Multi, Res Single
Elementary school
W. H. Rhodes
Middle school
KING
High school
Milton
Directions
The Island is located in the Blackwater River between Carpenter Park and Russell Harbor
Standard status
Active
APN
342N280000161000000
Lot size
40.28 Acres
Taxes and HOA fees
Tax Description
Description Update For 2022 Entire Island Known As Chaffin Island Or Buzzards Island That Lies In The Blackwater River In Milton Fl & More Particularly Inc That Part Of Island #1 West Of River That Lies In S2 Of Se4 Of Section 34 Township 2 North Range 28 West & In Section 35 Township 2 North Range 28 West & In Section 3 Range Township 1 North Range 28 West All Des In Or 3138 Pg 1520 & In Or 4239 Pg 685
Legal Description
Description Update For 2022 Entire Island Known As Chaffin Island Or Buzzards Island That Lies In The Blackwater River In Milton Fl & More Particularly Inc That Part Of Island #1 West Of River That Lies In S2 Of Se4 Of Section 34 Township 2 North Range 28 West & In Section 35 Township 2 North Range 28 West & In Section 3 Range Township 1 North Range 28 West All Des In Or 3138 Pg 1520 & In Or 4239 Pg 685
Utilities
Water front features
Waterfront, River Front
Water front
1
Listing Agency:
Levin Rinke Realty
(850) 916-5050
Listed By:
Robert Jones · License #18562
(850) 916-5050
Added: May 9
Changed: Aug 20
Last Checked: Aug 23 at 6:06AM
MLS# 682356
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.
Investment Insights
Based on property information with market context.
This 40.28-acre private island is situated on the Blackwater River within Milton city limits. The property is characterized by waterfront and riverfront conditions, with mature hardwoods and native timber across the island. A view toward downtown Milton adds an urban visual connection to the otherwise natural setting.
The property is located near downtown Milton, with access to shopping, dining, schools, medical facilities, and Interstate 10. Peter Prince Field, Downtown Pensacola, and Florida Gulf Coast beaches are also identified in the surrounding area. The river setting supports fishing, kayaking, boating, and wildlife observation, providing a range of outdoor-oriented recreational possibilities.
The property is located near downtown Milton, with access to shopping, dining, schools, medical facilities, and Interstate 10. Peter Prince Field, Downtown Pensacola, and Florida Gulf Coast beaches are also identified in the surrounding area. The river setting supports fishing, kayaking, boating, and wildlife observation, providing a range of outdoor-oriented recreational possibilities.
Key Highlights
- 40.28‑acre private island on the Blackwater River
- Waterfront and riverfront land within Milton city limits
- Mature hardwoods and native timber cover the island
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
Demographics for 32570, FL
33,144
Population
15,387
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
301.1 sq mi
ZIP Area
110
Density / Sq Mi
$73,615
Median Household Income
$38,394
Median Earnings
$1,233
Median Rent
$240,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Private island land on the Blackwater River within Milton city limits, surrounded by mature hardwoods and native timber.
Where is this waterfront land located?
The property is located at Broad St Milton, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 40.28‑acre private island on the Blackwater River; Waterfront and riverfront land within Milton city limits; Mature hardwoods and native timber cover the island
