WATERFRONT PROPERTY with the tranquility you have been looking for nestled in Santa Rosa county at the North End of Black Water Bay. Located less than a mile from Exit 28 on I-10 sits a cleared, 2.4 acre, R1M zoned property with a small town feel and big town access. Ready for your dream home, a fish camp, or anything in between. The property sits between the Black Water Bay and Ward Basin just South of and outside the city limits of (East) Milton, Fl. Over looking Ward Basin to the East and accessible by use of the canal on the east side of the property, which runs 2-6’ deep, leading out to Ward Basin which provides deep water access to Blackwater Bay, East Bay, Escambia Bay and Pensacola Bay. The fishing in this area is desirable with many species of fish available from Red fish, Bass, Blue Crab, Bream, Speckled Trout, Shell Cracker, Bluegill and many others. The property is surrounded by Pine, Oak, and Magnolia trees as well as a plethora of Blackberry and Azalea bushes. If birdwatching is your thing, you will enjoy this property even more, there is many different species of birds that frequent the property. The property features 3 entry points from Petersen Point Rd. The Northern entry has a 250’ x 12’ gravel driveway ending with a 65’ x 25’ concrete pad. The property also has a 24’ x 24’ shed and a 20’ x 14’ boat house. The boat house is neatly tucked aware for privacy and will need to be shored up, but the pilings are intact. The boat house would be ideal for a John boat, skiffs, bass boat or even jet skis. Additionally it has a boat launch for John boats, canoes, and kayaks right on the property. Reports available:Topographical, Geo-tech, subsurface Boundary & Mean High Waterline Surveys are also available. A utility pole is already located on the SW corner of the property. Convenience is key, beaches are 35 minutes away, Milton is 14-19 minutes away, Downtown Pensacola is 26 minutes away and 6 boat ramps within a 5 mile radius.
Great opportunity to own prime waterfront real estate in Milton Florida. 112 feet of waterfront and 2.4 acres of buildable, cleared land. Zoned low density residential, so property could be subdivided for up to 4 dwellings. Direct water access to Ward Basin, Blackwater River and Blackwater Bay. This private, tree-lined property offers breath-taking views of marshland and Ward Basin. It features 3 access driveways, a 24x24 Shed, garage with slab and a 11x10 Storage Shed. No HOA and no restrictions on what toys you can store on property. There is also a covered boat house and boat put-in area. A septic tank is already present, water tab has been paid for and horses are allowed. Enjoy fishing, kayaking, breathe fresher air, get more vitamin D, and witness spectacular views daily. There’s nothing more serene and peaceful than waterfront living. Imagine sitting in your backyard, by the water as the sun sets, or waking up to that perfect view first thing in the morning. Only 1/2 Mile to I-10, 5 miles to Milton, 23 Miles to Pensacola and 23 miles to Navarre Beach. Impress guests when you entertain without having to lift a finger.There’s no denying that a house on the water creates the perfect backdrop for your Florida lifestyle.
PARMLS #603061
Apr 7, 2022
Sold
$250,000
Feb 4, 2022
Listed
$265,000
ECAR #890146
Apr 7, 2022
Sold
$250,000
Apr 7, 2022
Sold
$250,000
Mar 4, 2022
Pending
—
Mar 4, 2022
Listing Removed
—
Feb 4, 2022
Listed
$265,000
Jan 31, 2022
Listed
$265,000
PARMLS #569108
Aug 30, 2021
Sold
$180,000
Mar 10, 2020
Listed
$187,000
PARMLS #544925
May 8, 2019
Listing Removed
—
Nov 7, 2018
Listed
$159,000
PARMLS #530320
Nov 7, 2018
Listing Removed
—
Feb 5, 2018
Listed
$159,000
PARMLS #520502
Jan 5, 2018
Listing Removed
—
Jul 6, 2017
Listed
$159,000
PARMLS #506006
Jun 16, 2017
Listing Removed
—
Sep 9, 2016
Listed
$189,000
PARMLS #459144
Aug 13, 2014
Listing Removed
—
Mar 1, 2014
Listed
$84,900
PARMLS #403480
Jan 1, 2014
Listing Removed
—
Jan 28, 2011
Listed
$99,000
PARMLS #394217
Nov 27, 2010
Listing Removed
—
Jul 26, 2010
Listed
$109,000
PARMLS #381314
Jul 28, 2010
Listing Removed
—
Dec 16, 2009
Listed
$99,000
PARMLS #371348
Nov 10, 2009
Listing Removed
—
May 9, 2009
Listed
$169,900
PARMLS #287529
Mar 24, 2006
Listing Removed
—
Sep 23, 2005
Listed
$395,000
PARMLS #253898
Apr 5, 2004
Listing Removed
—
Nov 5, 2003
Listed
$224,900
Public Records
Dec 22, 2000
Sold
$158,000
Public Records
Dec 20, 1996
Sold
$135,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,302 (+5.0%)
$110,775 + $2,001
$112,776
2024
$1,240 (−5.9%)
$110,775 + $2,001
$112,776
2023
$1,318 (+10.6%)
$110,775 + $2,001
$112,776
2022
$1,192 (+62.3%)
$98,850 + $2,001
$100,851
2021
$735 (+0.2%)
$57,900 + $2,001
$59,901
2020
$733 (−0.3%)
$57,150 + $2,001
$59,151
2019
$736 (−1.7%)
$57,150 + $2,001
$59,151
2018
$748 (−1.8%)
$57,150 + $2,001
$59,151
2017
$762 (−1.9%)
$57,150 + $2,001
$59,151
2016
$777 (−2.6%)
$57,150 + $2,001
$59,151
2015
$798 (−1.8%)
$57,150 + $2,001
$59,151
2014
$813
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
2.4 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Other
County
Santa Rosa County
APN
24-1N-28-0000-00201-0000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R1M
Mixed Residential Subdivision District
To provide suitable areas for low density residential development where appropriate urban services and facilities are provided or where the extension of such services and facilities will be physically and economically facilitated. This district will be characterized by single family detached structures and such other structures as are accessory thereto. The density shall not exceed 4 du per acre for platted lots and 10,890 sq ft for metes and bounds lots.
Permitted uses
Include but are not limited to:
Garden center
Housing-Group
Housing-Single unit
Housing-Mobile home park
Climate risks
5/10 Flood Factor
Estimated 41-55% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 22 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Milton, FL • 32583
Average low and high temperatures (°F)
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39
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48
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61
82
67
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92
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91
75
87
70
81
61
73
55
65
45
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Feb
Mar
Apr
May
Jun
Jul
Aug
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 7524 Petersen Pt Rd
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