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Wooded Agricultural Land with Waterfront
For Sale
$599,000

S Hwy 87, Milton, FL 32583

Land, Milton, FL

Property SizeContact for details
Lot Size38.34 Acres
Days on Market379

Property Features for S Hwy 87

General Information

Property type Land
Property subtype Other
Zoning description Agricultural, Res Single
Lot features Wooded, Central Access, Corner Lot, No Improvements, Pond On Lot
View River
Elementary school East Milton
Middle school KING
High school Milton
Directions Hwy 87 south of Interstate 10-on the corner of Farrington and Hwy 87-5 acres across on the other side of 87.
Standard status Active
APN 221N270000001000000
Lot size 38.34 Acres

Taxes and HOA fees

Tax Description *DESCRIPTION UPDATED FOR 2025* E2 OF SE4 OF NE4 & N2 OF NE4 OF NE4 AS DES IN OR 442 PG 572 & IN OR 2718 PG 2075 LESS OR 128 PG 670 & LESS OR 2956 PG 1934 (.642 AC TO DOT) & AS DES IN OR 4585 PG 1393
Legal Description *DESCRIPTION UPDATED FOR 2025* E2 OF SE4 OF NE4 & N2 OF NE4 OF NE4 AS DES IN OR 442 PG 572 & IN OR 2718 PG 2075 LESS OR 128 PG 670 & LESS OR 2956 PG 1934 (.642 AC TO DOT) & AS DES IN OR 4585 PG 1393

Utilities

Water front features River Front, Waterfront, Pond
Water front 1
Listing Agency: SUN QUEST PROPERTIES OF NWF,I
Listed By: Teresa Mclellan
Added: Sep 6, 2025 Changed: Sep 15 Last Checked: Sep 19 at 2:06PM
MLS# 670498

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 38.338-acre agricultural land holding combines a wooded setting with road access along S Hwy 87. Waterfront features include river frontage, a pond, and additional waterfront areas, creating varied natural conditions across the property. The current AGRR zoning supports its agricultural classification, while the parcel’s size and physical setting provide flexibility for future planning subject to applicable approvals.

The property is positioned near the Yellow River Bridge, south of the interstate and near the entrance to the Eglin Reservation. It includes significant highway frontage and a natural landscape with privacy and wooded surroundings. A current survey and wetlands report are available upon request.

Key Highlights

  • 38.338 acres of wooded agricultural land
  • Frontage along S Hwy 87 in Milton
  • Current AGRR zoning

Property Analytics

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Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 32583, FL

31,047
Population
11,169
Households
2.8
Avg Household Size
41
Median Age
22%
College-Educated
87%
High-School Grad
125.1 sq mi
ZIP Area
248
Density / Sq Mi
$84,957
Median Household Income
$42,193
Median Earnings
$1,307
Median Rent
$229,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Wooded acreage with Highway 87 access, AGRR zoning, and waterfront features including a pond.
Where is this agricultural land / farmland located?
The property is located at S Hwy 87 Milton, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 38.338 acres of wooded agricultural land; Frontage along S Hwy 87 in Milton; Current AGRR zoning
More about this property
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