0 Broad St

1,754,596 / 40.28
Lot Size / Acres

Description

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...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.
  1. Listed by Robert Jones • Levin Rinke Realty • robj@levinrinkerealty.com
  2. Listed by Jordan Jones • Levin Rinke Realty

Property Details for 0 Broad Street

Waterfront Features
River Front, Waterfront
Zoning Description
Res Multi,Res Single
LISTING UPDATED: 05/15/2026 01:15 PM

Property Details for 0 Broad Street

StatusActive
MLS #682356
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Land/Acreage
Year Built-
Lot Size40.28 AC
CountySanta Rosa County

Location

Listing Courtesy of Levin Rinke Realty
Add your commute

Building Information for 0 Broad Street

Lot Size40.28 AC

Payment Calculator

$7,724 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,724

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 0 Broad Street

Summary
Location and General Information
  • Directions: The Island is located in the Blackwater River between Carpenter Park and Russell Harbor
  • Latitude: 30.6321649
  • Longitude: -87.03372119
  • Subdivision Name: None
Taxes and HOA Information
  • Tax 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
  • Assn: NONE
School Information
  • Elementary School: W. H. Rhodes
  • High School: Milton
  • Middle Or Junior School: KING
Property
Lot Information
  • Horse: No
  • Waterfront: Yes
Property and Assessments
  • Documents Count: 0
  • Parcel Number: 342N280000161000000
  • Photos Count: 30
Utilities
  • Electric: None
  • Sewer: None
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Community Features: Dock, Fishing, Picnic Area
Rental
Rental Information
  • Land Lease Amount Frequency: Annually
  • Leasable Area Units: Square Feet
  • Lease Considered: No

Property History for 0 Broad Street

DateEvent & SourcePriceAppreciation
May 9, 2026

Listed (Active)

PENSACOLA #682356

$1,550,000
Apr 30, 2026

Expired

PENSACOLA #665294

Dec 14, 2025

Price Change

PENSACOLA #665294

$1,550,000
DateEvent & SourcePrice
05/09/2026

Listed (Active)

PENSACOLA #682356

$1,550,000
04/30/2026

Expired

PENSACOLA #665294

12/14/2025

Price Change

PENSACOLA #665294

$1,550,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Broad Street

This home is within Santa Rosa.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
W. H. Rhodes Elementary School
PublicPK to 5

Martin Luther King Middle School
Public6 to 8

Milton High School
Public9 to 12

Learning Academy Of Santa Rosa
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

0 Broad Street is a 40.28 ac of land for sale in Milton, FL 32570. This property was listed for sale on May 9, 2026 by Levin Rinke Realty, it's currently listed at $1,550,000. This listing's school district is Santa Rosa. Nearby schools include W. H. Rhodes Elementary School, Martin Luther King Middle School and Milton High School. 0 Broad Street is a 0-bed, 0-bath, 40.28 ac of land on a 1,754,596 sq. ft. / 40.28 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Levin Rinke Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.