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$500,000

Riverfront quadplex just east of Downtown Milton with rental income already in place. Each of the four units offers 2 bedrooms and 2 bathrooms. Three units currently rent for $1,200 per month and one rents for $1,150. Tenants pay their own utilities and the owner covers lawn care. All four units are currently leased with staggered expirations of 7/30/2027, 9/30/2026, 12/31/2026, and 2/28/2027. The location is a major highlight. The property sits along the Blackwater River and is about half a mile from both Downtown Milton and Carpenter’s Park, which offers a public boat launch, river access, playground, and green space. The riverfront is currently natural and wooded, creating a private setting along the Blackwater River. The property previously had a dock. All four units share the same efficient layout. Tenants enter through a small foyer into the open kitchen and living area, with sliding glass doors leading to a large private balcony. The balcony also houses the laundry room and provides a quiet outdoor space overlooking the wooded riverfront. Down the hall are two bedrooms and two full bathrooms. One bedroom in each unit opens directly to the balcony and looks toward the river. Covered parking for the units is located beneath the building. Investors may also appreciate the flexibility this property offers. With its riverfront location and proximity to downtown Milton and river recreation, a future owner may explore the possibility of using one or more units as a short term rental. Riverfront multifamily opportunities in this area are rare. Whether you are looking for a long term hold or a unique waterfront investment, this property deserves a closer look.

8 Beds ⋅ 8 Baths ⋅ 686607 MLS

Riverfront quadplex just east of Downtown Milton with rental income already in place. Each of the four units offers 2 bedrooms and 2 bathrooms. Three units currently rent for $1,200 per month and one rents for $1,150. Tenants pay their own utilities and the owner covers lawn care. All four units are currently leased with staggered expirations of 7/30/2027, 9/30/2026, 12/31/2026, and 2/28/2027. The location is a major highlight. The property sits along the Blackwater River and is about half a mile from both Downtown Milton and Carpenter’s Park, which offers a public boat launch, river access, playground, and green space. The riverfront is currently natural and wooded, creating a private setting along the Blackwater River. The property previously had a dock. All four units share the same efficient layout. Tenants enter through a small foyer into the open kitchen and living area, with sliding glass doors leading to a large private balcony. The balcony also houses the laundry room and provides a quiet outdoor space overlooking the wooded riverfront. Down the hall are two bedrooms and two full bathrooms. One bedroom in each unit opens directly to the balcony and looks toward the river. Covered parking for the units is located beneath the building. Investors may also appreciate the flexibility this property offers. With its riverfront location and proximity to downtown Milton and river recreation, a future owner may explore the possibility of using one or more units as a short term rental. Riverfront multifamily opportunities in this area are rare. Whether you are looking for a long term hold or a unique waterfront investment, this property deserves a closer look.

5392 Munson Hwy, Milton

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.

$929,999

Waterfront living at its finest in Bay Pointe Plantation. Perfectly positioned to capture breathtaking water views, this well maintained 3-bedroom, 2-bath residence offers an unparalleled waterfront lifestyle with panoramic views from the main living areas, the kitchen, and the private primary suite. Designed to embrace the beauty of its surroundings, the open floor plan is filled with natural light and showcases spectacular water views the moment you step inside. The spacious living room, anchored by a fireplace, custom built- ins, and electric blinds throughout the house, flows into the kitchen and dining areas, creating the perfect setting for both elegant entertaining and everyday living. The eat-in kitchen and formal dining room provide multiple spaces to gather while enjoying the ever-changing waterfront scenery. Step outside to your private waterfront oasis. A generous over-sized covered patio with a swing overlooks the water, inviting you to relax and unwind from sunrise to sunset. Follow the brick walkway to your private dock, complete with an electric boat lift and seating making it effortless to spend the day cruising, fishing, or simply enjoying life on the water. The primary suite is a peaceful retreat with tranquil water views that greet you each morning. The primary large bathroom with water closet including a bidet. Enjoy the large walk-in closet. A dedicated office provides the perfect work-from-home space, while new flooring and fresh interior paint offer a clean sophisticated finish throughout. Additional features include an irrigation system, gutters and beautifully maintained grounds. As an exceptional bonus, the sale includes a 4,583-square-foot lot directly across the street. Located in the prestigious Bay Pointe Plantation community and zoned for highly regarded schools, this is more than a home—it's a rare opportunity to own an exceptional waterfront property where every day feels like a vacation. Open House Saturday, August 1 from 11-1pm

3 Beds ⋅ 686551 MLS

Waterfront living at its finest in Bay Pointe Plantation. Perfectly positioned to capture breathtaking water views, this well maintained 3-bedroom, 2-bath residence offers an unparalleled waterfront lifestyle with panoramic views from the main living areas, the kitchen, and the private primary suite. Designed to embrace the beauty of its surroundings, the open floor plan is filled with natural light and showcases spectacular water views the moment you step inside. The spacious living room, anchored by a fireplace, custom built- ins, and electric blinds throughout the house, flows into the kitchen and dining areas, creating the perfect setting for both elegant entertaining and everyday living. The eat-in kitchen and formal dining room provide multiple spaces to gather while enjoying the ever-changing waterfront scenery. Step outside to your private waterfront oasis. A generous over-sized covered patio with a swing overlooks the water, inviting you to relax and unwind from sunrise to sunset. Follow the brick walkway to your private dock, complete with an electric boat lift and seating making it effortless to spend the day cruising, fishing, or simply enjoying life on the water. The primary suite is a peaceful retreat with tranquil water views that greet you each morning. The primary large bathroom with water closet including a bidet. Enjoy the large walk-in closet. A dedicated office provides the perfect work-from-home space, while new flooring and fresh interior paint offer a clean sophisticated finish throughout. Additional features include an irrigation system, gutters and beautifully maintained grounds. As an exceptional bonus, the sale includes a 4,583-square-foot lot directly across the street. Located in the prestigious Bay Pointe Plantation community and zoned for highly regarded schools, this is more than a home—it's a rare opportunity to own an exceptional waterfront property where every day feels like a vacation. Open House Saturday, August 1 from 11-1pm

3932 Plantation Cove Ct, Milton

Listing courtesy of Avenue Realty.

$1,550,000

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.

682356 MLS

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.

Broad St, Milton

Listing courtesy of Levin Rinke Realty.

$600,000

Situated on approximately 1.18 acres, this private Milton property offers a rare blend of space, natural beauty, and comfortable living. Surrounded by mature trees and scenic waterways, the land features multiple water inlets that connect to the Blackwater River, creating a peaceful setting ideal for enjoying Florida’s natural landscape. The brick home showcases classic curb appeal and a welcoming interior filled with natural light. Hardwood floors and neutral finishes define the main living areas, while large windows and arched details enhance the open, airy feel. The layout flows effortlessly, making it well suited for both everyday living and entertaining. At the center of the home is a well-equipped kitchen with warm wood cabinetry, granite countertops, stainless steel appliances, tile flooring, and an island with seating. An adjacent breakfast area offers tranquil views of the surrounding property and waterways. The primary suite provides a comfortable retreat with generous space and an ensuite bath featuring a soaking tub, separate tiled shower, dual vanities, and ample storage. Additional bedrooms offer flexibility for guests, a home office, or hobby space. Outdoors, the 1.18 acre sanctuary provides exceptional privacy, open areas, wooded surroundings, and direct access to scenic water inlets leading to the Blackwater River—perfect for recreation, relaxation, or creating your own private retreat. A unique opportunity to own acreage with water access and a well-maintained home in Milton.

4 Beds ⋅ 680588 MLS

Situated on approximately 1.18 acres, this private Milton property offers a rare blend of space, natural beauty, and comfortable living. Surrounded by mature trees and scenic waterways, the land features multiple water inlets that connect to the Blackwater River, creating a peaceful setting ideal for enjoying Florida’s natural landscape. The brick home showcases classic curb appeal and a welcoming interior filled with natural light. Hardwood floors and neutral finishes define the main living areas, while large windows and arched details enhance the open, airy feel. The layout flows effortlessly, making it well suited for both everyday living and entertaining. At the center of the home is a well-equipped kitchen with warm wood cabinetry, granite countertops, stainless steel appliances, tile flooring, and an island with seating. An adjacent breakfast area offers tranquil views of the surrounding property and waterways. The primary suite provides a comfortable retreat with generous space and an ensuite bath featuring a soaking tub, separate tiled shower, dual vanities, and ample storage. Additional bedrooms offer flexibility for guests, a home office, or hobby space. Outdoors, the 1.18 acre sanctuary provides exceptional privacy, open areas, wooded surroundings, and direct access to scenic water inlets leading to the Blackwater River—perfect for recreation, relaxation, or creating your own private retreat. A unique opportunity to own acreage with water access and a well-maintained home in Milton.

4621 Riley Rd, Milton

Listing courtesy of REMAX Select Partners.

$600,000

Rare waterfront opportunity offering 200 feet of deep-water frontage, ideal for boating, fishing, kayaking, and swimming—right from your backyard. This unique property features a licensed marina with 15 slips and significant potential for expansion, making it an excellent opportunity for investors or owner-operators looking to generate additional income. With vision and a little TLC, the possibilities are wide open: expand the marina, add additional slips, or explore future waterfront business opportunities. The 1,357-square-foot home provides comfortable living with flexibility for an owner, on-site manager, or potential rental income. The property also includes a 380 square foot enclosed patio and a 200 square foot workshop, adding functional space for storage, hobbies, or marina operations. Located just 3 minutes from Downtown Milton, 34 minutes to Downtown Pensacola, 44 minutes to Pensacola Beach, and 48 minutes to NAS Pensacola, this property offers a rare combination of waterfront lifestyle, business potential, and convenient access to the Gulf Coast. Enjoy the marina lifestyle while creating income and building something special on the water. Opportunities like this are hard to find in this area.

3 Beds ⋅ 679332 MLS

Rare waterfront opportunity offering 200 feet of deep-water frontage, ideal for boating, fishing, kayaking, and swimming—right from your backyard. This unique property features a licensed marina with 15 slips and significant potential for expansion, making it an excellent opportunity for investors or owner-operators looking to generate additional income. With vision and a little TLC, the possibilities are wide open: expand the marina, add additional slips, or explore future waterfront business opportunities. The 1,357-square-foot home provides comfortable living with flexibility for an owner, on-site manager, or potential rental income. The property also includes a 380 square foot enclosed patio and a 200 square foot workshop, adding functional space for storage, hobbies, or marina operations. Located just 3 minutes from Downtown Milton, 34 minutes to Downtown Pensacola, 44 minutes to Pensacola Beach, and 48 minutes to NAS Pensacola, this property offers a rare combination of waterfront lifestyle, business potential, and convenient access to the Gulf Coast. Enjoy the marina lifestyle while creating income and building something special on the water. Opportunities like this are hard to find in this area.

7001 & 7005 Old Spanish Trl Rd, Milton

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.

$1,000,000

Waterfront living meets space, privacy, and functionality at this 3 bedroom, 3.5 bathroom home situated along the Blackwater River in Milton. Elevated construction provides expansive views of the water while offering substantial covered space below for parking, storage, and outdoor entertaining. The main living level features an open layout with tile flooring throughout the kitchen and living areas. The kitchen offers granite countertops, stainless steel appliances, custom cabinetry, and a large breakfast bar that flows into the spacious living and dining areas. Multiple windows and doors bring in natural light and frame views of the river. The primary suite includes a large bathroom with a soaking tub, walk-in tiled shower, and dual vanities. Additional bedrooms provide flexible space for guests, hobbies, or home office use. Outdoor living is a defining feature of this property. A covered front porch and large deck create ideal spaces to enjoy the surrounding natural setting and river views. The backyard includes an in-ground pool overlooking the river on the waterfront. The property also features a dock and boathouse structure along the river, offering convenient access for boating, kayaking, or fishing. A sandy shoreline area adds another place to enjoy the water. Below the home, the expansive covered area includes 7 garage doors, workshop, and ample room for equipment, watercraft, or vehicles. This property offers a combination of waterfront access, outdoor amenities, and tons of space. Schedule a private showing to explore everything this riverfront property has to offer.

3 Beds ⋅ 4 Baths ⋅ 679177 MLS

Waterfront living meets space, privacy, and functionality at this 3 bedroom, 3.5 bathroom home situated along the Blackwater River in Milton. Elevated construction provides expansive views of the water while offering substantial covered space below for parking, storage, and outdoor entertaining. The main living level features an open layout with tile flooring throughout the kitchen and living areas. The kitchen offers granite countertops, stainless steel appliances, custom cabinetry, and a large breakfast bar that flows into the spacious living and dining areas. Multiple windows and doors bring in natural light and frame views of the river. The primary suite includes a large bathroom with a soaking tub, walk-in tiled shower, and dual vanities. Additional bedrooms provide flexible space for guests, hobbies, or home office use. Outdoor living is a defining feature of this property. A covered front porch and large deck create ideal spaces to enjoy the surrounding natural setting and river views. The backyard includes an in-ground pool overlooking the river on the waterfront. The property also features a dock and boathouse structure along the river, offering convenient access for boating, kayaking, or fishing. A sandy shoreline area adds another place to enjoy the water. Below the home, the expansive covered area includes 7 garage doors, workshop, and ample room for equipment, watercraft, or vehicles. This property offers a combination of waterfront access, outdoor amenities, and tons of space. Schedule a private showing to explore everything this riverfront property has to offer.

7608 River Rd, Milton

Listing courtesy of Levin Rinke Realty.

$645,000

Step into this stunning waterfront home that offers the perfect blend of luxury, comfort, and outdoor recreation. Tucked away near the end of a peaceful cul-de-sac, this stately residence boasts impressive curb appeal from the front and breathtaking water views from the back, overlooking the beautiful Wright Basin off Blackwater River. As you enter the main level, you are welcomed by an open floor plan and a family room that features high ceilings, a cozy fireplace with an updated mantel and shelving, tons of natural light and panoramic views of Basin! The kitchen flows seamlessly from the living area and features an eat-in dining area, bar seating, a new wall oven and microwave and ample cabinet space. For those that enjoy hosting, this home features a formal dining room as well as an additional space, previously used as a bar area that is equipped with plumbing for any future endeavors utilizing the space. The oversized primary bedroom offers a fireplace with an updated mantel, extra closet space for storage, plenty of natural light, and two french doors that open out onto the screened back porch that stretches over the entire width of the home and overlooks the basin. The primary bathroom is massive with a new oversized walk-in shower, two vanities with updated cabinetry and countertops, a makeup vanity, and massive walk in closet. The two additional bedrooms are large in size with copious closet and storage space, and sit on opposite ends of the third level, allowing for extra privacy. The ground level is an oversized garage that has an additional area perfect for a game room or tool shop. TONS of storage here! Walk out to the 52ft of waterfront views and enjoy a pier with a full sized covered boat lift powered with dual motors, with an additional covered space for seating. Fish from the dock or relax with friends! This home truly checks all the boxes, call or schedule a showing today.

3 Beds ⋅ 3 Baths ⋅ 670977 MLS

Step into this stunning waterfront home that offers the perfect blend of luxury, comfort, and outdoor recreation. Tucked away near the end of a peaceful cul-de-sac, this stately residence boasts impressive curb appeal from the front and breathtaking water views from the back, overlooking the beautiful Wright Basin off Blackwater River. As you enter the main level, you are welcomed by an open floor plan and a family room that features high ceilings, a cozy fireplace with an updated mantel and shelving, tons of natural light and panoramic views of Basin! The kitchen flows seamlessly from the living area and features an eat-in dining area, bar seating, a new wall oven and microwave and ample cabinet space. For those that enjoy hosting, this home features a formal dining room as well as an additional space, previously used as a bar area that is equipped with plumbing for any future endeavors utilizing the space. The oversized primary bedroom offers a fireplace with an updated mantel, extra closet space for storage, plenty of natural light, and two french doors that open out onto the screened back porch that stretches over the entire width of the home and overlooks the basin. The primary bathroom is massive with a new oversized walk-in shower, two vanities with updated cabinetry and countertops, a makeup vanity, and massive walk in closet. The two additional bedrooms are large in size with copious closet and storage space, and sit on opposite ends of the third level, allowing for extra privacy. The ground level is an oversized garage that has an additional area perfect for a game room or tool shop. TONS of storage here! Walk out to the 52ft of waterfront views and enjoy a pier with a full sized covered boat lift powered with dual motors, with an additional covered space for seating. Fish from the dock or relax with friends! This home truly checks all the boxes, call or schedule a showing today.

5708 Lakeside Ct, Milton

Listing courtesy of EXP Realty, LLC.

$695,000

Prime development opportunity with 38± acres of wooded land located along Highway 87 South in Milton, near the Yellow River Bridge. This unique property offers approximately 34 acres on the west side of Hwy 87 and an additional 4.5 acres on the east side, providing excellent visibility and access along this growing corridor. The property features a natural wooded setting with some wetlands, offering potential for creative site planning while maintaining privacy and natural surroundings. Currently zoned AGRR with potential for commercial rezoning, making it an attractive option for investors, developers, or businesses looking to establish a presence along this high-traffic highway. Conveniently located south of the interstate and near the entrance to the Eglin Reservation, this property sits in an area experiencing continued growth and development. With significant road frontage and flexible possibilities for future use, this parcel offers excellent potential for commercial, mixed-use, or long-term investment. Survey and wetlands report available upon request. This property being sold with neighboring property which is 9.98 acres to make it a total of 48.3. Reach out today on this gem. Beautiful property.

670498 MLS

Prime development opportunity with 38± acres of wooded land located along Highway 87 South in Milton, near the Yellow River Bridge. This unique property offers approximately 34 acres on the west side of Hwy 87 and an additional 4.5 acres on the east side, providing excellent visibility and access along this growing corridor. The property features a natural wooded setting with some wetlands, offering potential for creative site planning while maintaining privacy and natural surroundings. Currently zoned AGRR with potential for commercial rezoning, making it an attractive option for investors, developers, or businesses looking to establish a presence along this high-traffic highway. Conveniently located south of the interstate and near the entrance to the Eglin Reservation, this property sits in an area experiencing continued growth and development. With significant road frontage and flexible possibilities for future use, this parcel offers excellent potential for commercial, mixed-use, or long-term investment. Survey and wetlands report available upon request. This property being sold with neighboring property which is 9.98 acres to make it a total of 48.3. Reach out today on this gem. Beautiful property.

Hwy 87, Milton

Listing courtesy of SUN QUEST PROPERTIES OF NWF,I.

$58,000

Beautiful 1.30 acre wooded residential lot with bayou running through...also neighborhood bay access at the end of the road.

597483 MLS

Beautiful 1.30 acre wooded residential lot with bayou running through...also neighborhood bay access at the end of the road.

Lot A Aegean Dr, Milton

Listing courtesy of KELLER WILLIAMS REALTY GULF COAST.