About This Home

This 9-bedroom, 9-bathroom single family at 11550 Munson Hwy in Milton, FL is listed for $675,000 ($11 per sqft). Built in 1976, the home offers 60,000 sqft of living space on a 10.00 acres lot.

Key Features

  • Built in 1976
  • 10.00 acre lot

Property Details

1 story
8 full, 2 half
1976

Amenities

HardwoodA/C
Listing Description

Major Investment Opportunity. This property is zoned Rural Residential Agriculture. Therefore, there are many amazing options. It used to be the Munson Elementary school but now serves as a blank slate available for being a conversion to a private mansion, nursing home, private school, athletic park, RV Park, shelter, or even the perfect spot for a Marijuana Growing Facility.

There are endless possibilities as this amazing SCHOOL CAMPUS is fully intact and is located in a private location nestled among nature. Surrounded by the Blackwater State Forest 260,000 Acre State Park, this could be the dream come true for a Not-For-Profit or Profit organization Savvy investors will quickly see the multitude of benefits this asset has, as smart buyers will quickly want to secure this rare once in a lifetime buy.

This property was built as the very first School ever built within a Florida State Park. One can develop your dreams here as a home or business as it hasa full gymnasium equipped with complete locker rooms ! The School held an AGRICULTURAL CAMPUS Status all the time.

There is a full cafeteria across from the music room of performing arts. The AG Building is equally as awesome. Walk down the halls of this campus and feel the full potential of what the future can hold for your visions. Outdoor basketball courts and a Fully Enclosed Baseball Field is ready for re-vitalization or private athletics.

The broadcast tower remains next to the big antenna at the beginning entry of the property. The campus boasts a track and field area plus a full park and more. There is too much to list and not enough can be said about this extremely rare opportunity to OWN A property that could be converted into a family state or returned back into a school campus, or innovate into a new area of income generating businesses.

Monthly Cost Estimate

$3,610/mo

20% down · 6.5% · 30 years

Principal$488
Interest$2,925
Insurance$197

Estimates only. Actual payments may vary.

Location

11550 Munson Hwy

Milton, FL 32570

Features & Amenities

Interior Features

Game RoomMedia Room

Property Details

Flooring

HardwoodParquet Wood

Construction

Brick

Heating

Central

Cooling

Multi Units

Appliances

Recirculating Pump Water Heater

Questions & Answers

This 9-bedroom, 9-bathroom single family at 11550 Munson Hwy is listed at $675,000 ($11/sqft). The estimated monthly payment is $3,610 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1976, 10.00 acre lot. Interior Features: Game Room, Media Room.

This property is listed by Joanna Johannes.

JJ

Joanna Johannes

Agent at Coconut Palm Real Estate LLC

Listed by Coconut Palm Real Estate LLC · Broker phone: 8503980130 · View on Broker Site · Broker website

MLS# 689621· Source: Pensacola Association of REALTORS· 32 days on PropertySimple

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

11550 Munson Hwy, Milton, FL 32570

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