Blackwater Reserve
Homes for Sale in Milton, FL
All 383 homes for sale in Milton, FL · median $329,991 · 209 homes for sale in 32583 · Santa Rosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Olesya Chatraw, D R Horton Realty of NW Florida, LLC · via Pensacola MLS
As of November 2026, Blackwater Reserve in Milton, FL has 16 homes for sale and 11 pending, asking from $287,900 to $384,900 (median $319,900). Over the 12 months ending 2026-09-20, 103 recorded sales closed at a median of $319,900, $172 per square foot, a median 69 days on market, sellers accepting 96% of original asking (-5% versus the prior year). Homes listed or recently sold were built 2025–2026 with 39 new construction; 39 of 39 report an HOA (median $51/mo); none of the 39 geocoded homes sit in a FEMA special flood hazard zone (median elevation 115 ft). At the median price and Santa Rosa County's FY2025-26 rate of 12.81 mills, annual property tax runs about $4,100 ($3,590 with the full homestead exemption).
Last 30 days in Blackwater Reserve: 11 under contract right now, 3 closed sales (median $337,900). As of October 31, 2026, Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Homes For Sale Right Now in Blackwater Reserve
Live MLS inventory for Blackwater Reserve. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 31 daysTop listing
Active · 49 days
Active · 95 days
Active · 84 days
Active · 135 days
Active · 143 days
Active · 158 days
Active · 38 days
Active · 90 days
Active · 84 days
Active · 90 days
Active · 125 days
Active · 151 days
Active · 76 daysActive and pending Blackwater Reserve listings as of 2026-11-01, priced high to low. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Tap any home to ask about it.
Blackwater Reserve is a small community of 44 homes, and with 22 active listings against a median that sits just under $320,000, price here is driven more by condition and individual home than by any wide swing in the market. At roughly $172 per square foot, the median tells you this is a straightforward, finish-and-footprint market rather than one chasing amenities or a view premium.
The posture is seller-leaning on paper — 2.6 months of supply will do that — but a median of 69 days on market and a 5.0% year-over-year dip in price tell the fuller story. Sellers still hold a slight edge on scarcity, but buyers have time to look and room to negotiate on homes that aren't priced right out of the gate.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Blackwater Reserve right now
🔴 Seller-leaning market. 2.6 months of supply and 45% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Pensacola MLS records, as of September 20, 2026. Confidence: Very High (40 active and pending listings, 103 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($320K) is down 5.0% from the prior 12 months ($337K).Momentum Research, record-level Pensacola MLS closed sales, 12-month windows ending September 20. Confidence: High (103 and 29 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 1, 2026 · Live data: Pensacola MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Blackwater Reserve market snapshot (as of September 20, 2026): the median sale price is about $320K ($172 per sq ft over the trailing 12 months of closed sales), a median 69 days on market for closed sales, and 2.6 months of supply, a seller-leaning market. The trailing-12-month median is down 5% from the prior 12 months, computed from record-level Pensacola MLS closed sales (103 closings in the current window).
In ZIP 32583 (Milton), 617 homes closed in the last 12 months at a median of $320K ($172/sq ft), up 2.0% year over year, with a median 63 days on market. Right now 144 active and 100 pending listings put supply at about 2.9 months — a healthy market. See the live ZIP 32583 housing market and the Santa Rosa County market.
Pensacola MLS sales records identify 143 homes in Blackwater Reserve that have changed hands since 2025, built between 2025 and 2026 (median 2025), with a median living area of about 1,856 sq ft and a typical 4-bedroom, 2-bath layout; 100% are single-family homes. Source: Pensacola MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Flood zones in Blackwater Reserve: of 33 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Milton.
This is a compact Milton community in Santa Rosa County where roughly half the homes are currently listed, so the handful of active options at any moment carry outsized weight on what you'll pay.
The setting & the homes.
Aerial and on-site photos of Blackwater Reserve. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Blackwater ReservePhotos from Pensacola MLS listings in Blackwater Reserve; content deemed reliable but not guaranteed.
Who Blackwater Reserve is best for.
Best for
- Buying to hold in a small, quiet Santa Rosa County community with few homes turning over
- Buyers who can act when one of the limited listings matches their layout and budget
- Buyers comfortable negotiating on a home that has been sitting past the 69-day median
Probably not for
- Needing community amenities, since none are identified from current listings
- Expecting a fast sale or multiple-offer competition in a market averaging 69 days
- Counting on near-term appreciation after a 5.0% year-over-year price decline
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Pensacola MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($320K) IS the median in the snapshot above, and the move from 2025 ($337K) IS the -5.0% one-year change.
Windows contain 29 to 103 sales each (103 in the current window); every figure carries its sample size. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Deemed reliable but not guaranteed.
Blackwater Reserve Market Scorecard
Blackwater Reserve is currently a seller's market. About 1.8 months of supply, a median asking price of $319,900, and homes go under contract in about 90.0 days.
Typical home value in the 32583 ZIP is $290,641, about 30.9% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Blackwater Reserve on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Pensacola MLS. Map data © OpenStreetMap contributors.
Schools
- Santa Rosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Bagdad Elementary SchoolFLDOE grade C · Elementary
- Hobbs Middle SchoolFLDOE grade B · Middle
- Milton High SchoolFLDOE grade B · High
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with Santa Rosa County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Blackwater Reserve address.
Shop the zone: Homes zoned for King Middle School · Homes zoned for Milton High School
Recent Developments in Blackwater Reserve
Development, infrastructure, retail, and school activity affecting Blackwater Reserve, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- September 2026Infrastructure
Santa Rosa commissioners consider $826,544 signal at SR 87 and Ray Helms Road
The September 22 Santa Rosa County commission agenda included an $826,544 contract with Griffin Traffic Signals for a traffic light at State Road 87 and Ray Helms Road, the truck route to Milton Interchange Park, plus resurfacing and sidewalk work. A separate $106,480 contract would replace signs at the park, now called the I-10 Coastal Commerce Center. The article is a preview of the meeting.
What it may mean for the marketA signal and resurfacing on SR 87 would affect truck and commuter traffic flow near the I-10 industrial park in Milton. The site is about 4 miles north of Blackwater Reserve.
Source: Navarre Press - July 2026Development
Goldring Gulf Distributing plans expansion at Milton facility
Goldring Gulf Distributing filed plans to add 76,400 square feet to its existing 192,000 square foot beverage distribution facility in the Santa Rosa County Industrial Park in East Milton. The expansion would grow the company's footprint in Northwest Florida.
What it may mean for the marketEnlarges an established industrial and distribution operation within the Santa Rosa County Industrial Park and expands the county's industrial base. The site is less than a mile west of Blackwater Reserve.
Source: Navarre Press - May 2026Retail & Dining
Circle K convenience store planned for Navarre Parkway
Plans for a Circle K convenience store with a gas canopy were submitted to Santa Rosa County in May 2026 for a site at 8510 Navarre Parkway. The proposal is under review by county development services.
What it may mean for the marketAdds a fuel and convenience retail option along the Navarre Parkway commercial corridor and expands roadside services in the local market. The project is about 17 miles south of Blackwater Reserve, elsewhere in Santa Rosa County.
Source: Navarre Press
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Blackwater Reserve buying strategy.
If we were buying in Blackwater Reserve today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Blackwater Reserve.
A small pool with a long clock
The numbers that matter most here are the small ones. With 44 homes total and 22 active listings, the available inventory is a large share of the whole community. That concentration means a single well-priced or badly-priced listing can move the perceived market, and it also means the comps you lean on are few — so the condition and layout of the specific home in front of you drives the price more than any neighborhood trend line.
A 69-day median on market, paired with a 5.0% year-over-year decline, is the counterweight to the thin supply. Homes are not selling in a weekend. Sellers who price to the data and present the home well can still transact ahead of a true buyer's market; those who anchor to last year's number should expect the clock to run. A homestead share of zero also tells you this stock skews toward second homes and rentals rather than owner-occupied primary residences, which is worth weighing if you plan to live here full time.
The location and the amenities are priced into every listing in Blackwater Reserve. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Blackwater Reserve buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (4.9). Basis: Recent Direction -5.0% year-over-year; Liquidity & Demand 2.6 months of supply; Owner Commitment 0% owner-occupied; Pricing Power 96.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a 44-home community where the active listings are a thin, shifting set, pricing and timing are everything — a bad comp read costs real money on both sides of the table. We track this Milton market listing by listing, so we can tell you whether a given asking price is defensible or optimistic, and whether waiting for the next listing is smarter than chasing the current one.
Blackwater Reserve in 15 seconds.
Tools for a Blackwater Reserve buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Blackwater Reserve sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Blackwater Reserve, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Blackwater Reserve home worth?
Get a no-obligation home value based on real comparable sales in Blackwater Reserve, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in Blackwater Reserve
Homes in Blackwater Reserve that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 19 on record.
- 5410 Martingale Dr · off market
- 7990 Fir Tree Dr · off market
- 7996 Fir Tree Dr · off market
- 8054 Fox Hunt Dr · off market
- 8074 Fox Hunt Dr · off market
- 8081 Flying Duck Dr · off market
- 8082 Fox Hunt Dr · off market
- 8088 Flying Duck Dr · off market
| Location | Milton, Santa Rosa County, FL · ZIP 32583 |
|---|---|
| Homes in the community | 44 (FL DOR 2025 assessment roll) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Pool, Pavilion/Gazebo |
| Sale prices, last 12 months | $319,900 median across 103 closed sales · $172 per sq ft · -5.0% vs the prior 12 months |
| Days on market (closed sales) | 69 median |
| For sale right now | 22 active, 18 pending · median asking $331,900 · 2.6 months of supply |
| Owner-occupied (homestead) share | 0% |
| Zoned public schools | Bagdad Elementary School (C, FLDOE 2025-26); Hobbs Middle School (B, FLDOE 2025-26); Milton High School (B, FLDOE 2025-26) |
Data as of September 20, 2026. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Blackwater Reserve key facts,” movewithmomentum.com/neighborhoods/blackwater-reserve, data as of September 20, 2026.
Housing distress & ownership in Blackwater Reserve, Milton
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Deemed reliable but not guaranteed.
Just listed in Blackwater Reserve
The newest homes for sale in Blackwater Reserve right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 8064 Flying Duck Dr $384,900 · 5 bd · 3.5 ba · 2,995 sq ft · listed Oct 1, 2026 Courtesy of D R Horton Realty of NW Florida, LLC
- 8056 Flying Duck Dr $319,900 · 4 bd · 2 ba · 1,856 sq ft · listed Sep 24, 2026 Courtesy of D R Horton Realty of NW Florida, LLC
- 8060 Flying Duck Dr $354,900 · 4 bd · 2.5 ba · 2,384 sq ft · listed Sep 13, 2026 Courtesy of D R Horton Realty of NW Florida, LLC
- 8162 Fir Tree Dr $304,900 · 4 bd · 2 ba · 1,856 sq ft · listed Aug 17, 2026 Courtesy of D R Horton Realty of NW Florida, LLC
- 8077 Flying Duck Dr $294,900 · 3 bd · 2 ba · 1,631 sq ft · listed Aug 15, 2026 Courtesy of D R Horton Realty of NW Florida, LLC
- 8072 Flying Duck Dr $334,900 · 5 bd · 3 ba · 2,107 sq ft · listed Aug 9, 2026 Courtesy of D R Horton Realty of NW Florida, LLC
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Blackwater Reserve Right Now (27)
All 27 active and pending Blackwater Reserve listings with a detail page, newest first, refreshed twice a day from the MLS.
- 8056 Flying Duck Dr · $319,900 · 4 bd / 2 ba · listed Sep 12, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8060 Flying Duck Dr · $354,900 · 4 bd / 2.5 ba · listed Sep 12, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8162 Fir Tree Dr · $304,900 · 4 bd / 2 ba · listed Sep 11, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8072 Flying Duck Dr · $334,900 · 5 bd / 3 ba · listed Sep 7, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8065 Flying Duck Dr · $314,900 · 4 bd / 2 ba · listed Sep 7, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8068 Flying Duck Dr · $314,900 · 4 bd / 2 ba · listed Sep 7, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8076 Flying Duck Dr · $319,900 · 4 bd / 2 ba · listed Sep 7, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8084 Flying Duck Dr · $309,900 · 4 bd / 2 ba · listed Aug 22, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8077 Flying Duck Dr · $294,900 · 3 bd / 2 ba · listed Aug 16, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8085 Flying Duck Dr · $324,900 · 4 bd / 2 ba · pending · listed Aug 16, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8083 Fox Hunt Dr · $324,900 · 4 bd / 2 ba · pending · listed Aug 15, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8064 Flying Duck Dr · $384,900 · 5 bd / 3.5 ba · listed Aug 14, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8080 Flying Duck Dr · $369,900 · 4 bd / 2.5 ba · pending · listed Aug 7, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8061 Flying Duck Dr · $389,900 · 5 bd / 3.5 ba · pending · listed Aug 5, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8073 Flying Duck Dr · $326,900 · 4 bd / 2 ba · pending · listed Aug 4, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8069 Flying Duck Dr · $349,900 · 4 bd / 2.5 ba · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8153 Fir Tree Dr · $329,900 · 5 bd / 3 ba · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 5394 Martingale Dr · $287,900 · 3 bd / 2 ba · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8154 Fir Tree Dr · $327,900 · 5 bd / 3 ba · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 5398 Martingale Dr · $309,900 · 4 bd / 2 ba · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 5402 Martingale Dr · $324,900 · 5 bd / 3 ba · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8079 Fox Hunt Dr · $336,900 · 5 bd / 3 ba · pending · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8158 Fir Tree Dr · $322,900 · 4 bd / 2 ba · pending · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8075 Fox Hunt Dr · $341,900 · 5 bd / 3 ba · pending · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 5390 Martingale Dr · $329,900 · 5 bd / 3 ba · pending · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 8166 Fir Tree Dr · $329,900 · 5 bd / 3 ba · pending · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
- 5386 Martingale Dr · $328,900 · 4 bd / 2 ba · pending · listed Aug 2, 2026 · listed by D R Horton Realty of NW Florida, LLC
Recently sold in Blackwater Reserve
- 8082 Fox Hunt Dr · sold $337,900
- 8155 Fox Hunt Dr · sold $334,900
- 8093 Flying Duck Dr · sold $369,900
- 8081 Flying Duck Dr · sold $399,900
- 8089 Flying Duck Dr · sold $341,000
- 8096 Flying Duck Dr · sold $379,900
- 8097 Flying Duck Dr · sold $326,900
- 8074 Fox Hunt Dr · sold $325,900
- 7990 Fir Tree Dr · sold $376,000
- 8092 Flying Duck Dr · sold $299,900
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Milton home searches
- All homes for sale in Milton, FL
- Homes for sale in Santa Rosa County, FL
- Milton home values: what is my house worth?
- ZIP 32583 housing scorecard
- 4 coming-soon communities in Santa Rosa County
Milton guides & data
- Market data
- Cost of living
- Best neighborhoods
- Flood zones
- Property taxes (Santa Rosa County)
- Homestead exemption (Santa Rosa County)
- Home insurance cost
- New construction
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
Real estate agent in Milton? Join Momentum in Milton: 100% commission, one $12K cap.
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Fox Hunt Drive (69 homes on record)
- Fir Tree Drive (65 homes on record)
- Flying Duck Drive (7 homes on record)
- Martingale Drive (3 homes on record)
What it really costs to own in Blackwater Reserve
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| HOA dues | Median $615/year (about $51/month) across 27 MLS listings (most billed annually; 2026-11-01). Dues cover what the documents say they cover; ask for the budget and reserve study. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Santa Rosa County is $2,444/yr (876 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 33 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 2026 across 10 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Email me new listings in Blackwater Reserve
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Blackwater Reserve
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Blackwater Reserve will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Blackwater Reserve?
How long do homes in Blackwater Reserve take to sell?
Is Blackwater Reserve a buyer's or seller's market right now?
What share of Blackwater Reserve is owner-occupied?
What schools serve Blackwater Reserve?
Who is the best real estate agent for Blackwater Reserve?
How do I find a top Milton real estate agent who knows Blackwater Reserve?
Can Momentum Realty connect me with an agent for Blackwater Reserve?
Where is Blackwater Reserve, and what county is it in?
Is Blackwater Reserve in a flood zone?
Is Blackwater Reserve a good place to live?
Should you buy in Blackwater Reserve?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Pensacola MLS, refreshed twice daily (last: November 1, 2026) |
| Community market stats | Pensacola MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32583)) |
| Under-contract shares | Pensacola MLS records, as of 2026-09-20 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2025 (132 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Pensacola MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Pensacola MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Blackwater Reserve fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Blackwater Reserve with Momentum Realty’s local guides.
More on Blackwater Reserve
- Find an agent · How to choose the best real estate agent in Blackwater Reserve