Imagine watching the sun set over Blackwater Bay from your slice of paradise! Beautiful waterfront lot on over 1/2 acre in the desirable Petersen Point subdivision. Absolutely gorgeous views from this lot with over 95' of beachfront. Petersen Point is a Private, deed restricted waterfront community with beautiful homes. If you are looking for the perfect place to build your dream home, this is the lot for you!
0.81 acresLot Size
$140Est. Price/Sq.Ft.
Listed by Laura Bradley• Service Matters Realty, Inc.
Bought with Laura Bradley• Service Matters Realty, Inc.
Source:PARMLS #583837
Redfin Estimate
$462,350
$262K since sold in May 2022
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 44.3% lower than the average sale price ($830K) of 6 comparable homes.
Imagine watching the sun set over Blackwater Bay from your slice of paradise! Beautiful waterfront lot on over 1/2 acre in the desirable Petersen Point subdivision. Absolutely gorgeous views from this lot with over 95' of beachfront. Petersen Point is a Private, deed restricted waterfront community with beautiful homes. If you are looking for the perfect place to build your dream home, this is the lot for you!
PARMLS #566352
Mar 27, 2020
Sold
$139,500
$42/sq ft
Jan 18, 2020
Listed
$145,000
$44/sq ft
+45
Gorgeous waterfront lot (over 1/2 acre) with almost 100 feet on Blackwater Bay in the desirable Petersen Point subdivision ready for you to build your dream home with panoramic vistas of the bay and fantastic fishing right out from your property. Pretty white sand and lots of live oaks greet you on the property. The lot is protected with rip rap and is ready and waiting for you to build your own pier and boathouse for all kinds of boating fun. Freshwater (Yellow River) and salt water are both within easy reach so you have the best of both worlds! This is a well established executive neighborhood with comparatively low HOA fees and only a few other vacant lots left. Travel by car is also very efficient by jumping on Interstate 10 literally at the end of Petersen Point Rd. but, from this location on the end of the point, traffic noise might as well be a million miles away! This is the best of both worlds...small town waterfront location with quick access to all cities across the Gulf Coast and connections north via I-65. Truly a hidden gem for the discriminating buyer. Come see it today!
Public Records
Sep 19, 2002
Sold
$128,500
$39/sq ft
Public Records
Nov 27, 1995
Sold
$90,000
$27/sq ft
Public Records
Feb 24, 1995
Sold
$79,000
$24/sq ft
Public Records
Nov 1, 1986
Sold
$52,900
$16/sq ft
Public Records
Sep 1, 1985
Sold
$55,000
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,921 (+25.8%)
2024
$1,527 (−1.6%)
$133,000
2023
$1,552 (−1.0%)
$133,000
2022
$1,568 (+21.2%)
$133,000
2021
$1,294 (+6.1%)
$106,400
2020
$1,219 (+8.2%)
2019
$1,126 (−1.9%)
2018
$1,148 (+27.3%)
2017
$902 (+9.6%)
$71,250
2016
$823 (−2.7%)
$71,250
2015
$846 (−1.7%)
$62,700
2014
$861
Tax history for 7837 Petersen Point Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,921 (+25.8%)
2024
$1,527 (−1.6%)
$133,000
2023
$1,552 (−1.0%)
$133,000
2022
$1,568 (+21.2%)
$133,000
2021
$1,294 (+6.1%)
$106,400
2020
$1,219 (+8.2%)
2019
$1,126 (−1.9%)
2018
$1,148 (+27.3%)
2017
$902 (+9.6%)
$71,250
2016
$823 (−2.7%)
$71,250
2015
$846 (−1.7%)
$62,700
2014
$861
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R1
Single Family Residential District
To provide suitable areas for low density residential development where appropriate urban services 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
Feb 11, 2026 • Final
Residential
Install a lawn sprinkler system around the perimeter of the property.
Plumbing
Jan 5, 2026 • Active
Residential
Install a new gunite swimming pool in a designated flood zone.
Pool and hot tub
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Exterior
Exterior Information
Foundation Type: Stone
Building Construction Quality: Excellent
Roof Framing Type: Wood
Roof Shape Type: Wood Truss
Property Information
Subdivision Name: PETERSEN POINT
Living Sq. Ft: 3,310
Gross Sq. Ft: 7,268
Adjusted Gross Sq. Ft: 4,842
Ground Floor Sq. Ft: 3,310
Building Sq. Ft: 7,268
# of Stories: 2
Stories Type: 1 1/2
Legal Description: PETERSEN POINT LOT 11 BLK 2 AS DES IN OR 2053 PG 2002
Parking & Garage Information
Parking Type: Unfinished Garage
Garage/Parking Sq. Ft: 3,614
Garage / Carport Type: Unfinished
Lot Information
# of Buildings: 1
Land Sq. Ft: 35,268
Legal Lot Number: 11
Legal Block Number: 2
Municipality Name: EAST MILTON
Acres: 0.8096
Zoning Code: R1
State Use Description: RESIDENTIAL-VACANT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 3,310
Stories: 2.0
Lot Size: 0.81 acres
Style: Other
Year Built: —
Year Renovated: —
County: Santa Rosa County
APN: 24-1N-28-3077-00200-0110
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
East Milton Elementary School
Public PreK-5 • Assigned • 3.4mi
4/10
Martin Luther King Middle School
Public 6-8 • Assigned • 5.8mi
4/10
Milton High School
Public 9-12 • Assigned • 4.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 21 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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87
70
81
61
73
55
65
45
Jan
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May
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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
Estimated sale price
$440,000 – $532,000
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