ASSUMABLE 2.75% mortgage on this extraordinary 1.87-acre waterfront peninsula. It is beautifully situated on the only island in Milton: Paradise Island. Complete with its own sandbar and 3 sided waterfront, you can enjoy more than 500’ of frontage. The ideal spot to travel by bass boat or kayak to the Blackwater River or Annie’s Basin via the natural, spring fed Marshall Lake. Stop to fish, swim, kayak, canoe or explore Marshall Lake! This home, on stilts and secured on a concrete slab, has plenty of wrap-around, covered outdoor living, illuminated with LED lighting. To the rear is an expansive area currently set up as an outdoor entertainment area to watch a movie, relax and enjoy a cold beverage (fridge conveys)! Downstairs, there is a garage, currently used as a gym and storage area that provides endless potential, a separate shop to the rear with tons of shelving and workspace, and a half bath in between. Metal roof-covered stairs and a 1,500 lb capacity elevator lead up to the indoor living area of the home, which has custom dark oak kitchen cabinets, custom features, a Florida with room with built in hot tub and much more. There are three outbuildings; the first is a detached living space/guest house currently being used as an air-conditioned 3rd bedroom. This custom elevated structure, built by Elite Portable Buildings, is certified to Florida Wind Code and inspected by Top Line Engineering, LLC in 2021. This structure is fully insulated with top-of-the-line spray foam insulation, custom flooring, beadboard wall coverings, a custom loft with joist support, a wood slat ceiling and skylight. The second is a covered Class A RV pad with extra thick poured concrete slab, complete with 30 amp service and a sceptic hook up/dump station. The third is a large, elevated metal building on flotation foam with anchor- point system. You owe it to yourself to own this waterfront sanctuary and with a low interest rate, assumable mortgage, we can make it happen!