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$235,000
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Property Description
Owner will consider splitting for less acreage. Excellent investment opportunity on Highway 87 South! This 9.98-acre parcel offers prime road frontage and strong potential for future development. Approximately 2 acres are located on the southeast side of Hwy 87, providing additional access and flexibility for a variety of uses. This property is being offered in conjunction with the neighboring 38.34-acre parcel, creating a combined total of approximately 48.32 acres along this rapidly growing corridor. With significant highway exposure and multiple access points, the combined acreage presents outstanding possibilities for commercial, investment, or future development potential (buyer to verify zoning and permitted uses). Conveniently located near the Yellow River Bridge area in Milton, this tract offers a rare chance to secure a large footprint along Hwy 87 South.
Full Property Details
Full Property Details for S Hwy 87
General
- Price: $235,000
- Status: Active
- Type: Acreage
- Source: Pensacola
- MLS ID: 670499
- Updated: 9/16/2026
- Added to Site: 379 day(s) ago
Location
- County: Santa Rosa
- Driving Directions: Hwy 87 South to right past Farrington Rd. 2 acres on SE side of 87 and 7.98 on NW side of Hwy 87.
School Information
- Elementary School: East Milton
- Middle School: KING
- High School: Milton
Utilities
- Sewer: None
- Water: None
Structural Information
- Current Bldg. Use: Agricultural, Residential
Lot Features
- Property View: Pond
- Lot Size (Acres): 9.98
- Frontage: County Road, Interstate, State Road
- Street/Road Desc.: Paved
- Topography: High/Dry, Wetlands
- Lot Features: Wooded, Central Access, Interior Lot, No Improvements, Pond On Lot
- Zoning: Agricultural, Res Single
Water Features
- Water View: Yes
- Water Front Desc.: No Waterfront, No Waterfront Features
Financial Considerations
- Price Per Sq. Ft.: $23,547.09
Disclosures and Reports
- Property ID: 221N270000002090000
Listed by Sun Quest Properties Of Nwf,I
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Price & Sales History for S Hwy 87
Date
Details
Price
Change
Source
9/16/2026
Price Increased
$235,000
30.85%
MLS
5/25/2026
Price Reduced
$179,600
-48.54%
MLS
9/06/2025
Listed
$349,000
3390%
MLS
2/02/2016
Sold
$10,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for S Hwy 87
Year
Property Taxes
Change
Tax Assessment
Change
2024
$264
8%
$23,265
10%
2023
$244
-1%
$21,150
—
2022
$247
55%
$21,150
48%
2021
$159
18%
$14,276
29%
2020
$135
-2%
$11,103
11%
2018
$138
1%
$10,046
—
2019
$136
15%
$10,046
19%
2017
$118
-20%
$8,460
-20%
2016
$147
-3%
$10,575
—
2015
$151
3%
$10,575
—
2014
$147
12%
$10,575
21%
2013
$131
—
$8,706
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for S Hwy 87
S Hwy 87, Milton, FL 32583 (MLS# 670499) is a Acreage property with a lot size of 9.98 acres. S Hwy 87 is currently listed for $235,000 and was received on September 06, 2025. Want to learn more about S Hwy 87? Do you have questions about finding other Acreage real estate for sale in Milton? You can browse all Milton real estate or contact a Coldwell Banker agent to request more information.

