Falling Waters State Park is a Florida state park located three miles (5 km) south of Chipley, Washington County in northwestern Florida. The park contains a waterfall, the highest in the state The park is the site of a Civil War era gristmill. The gristmill was powered by the waterfall in Falling Waters Sink. Later, in 1891, a distillery was constructed on the site. Park facilities such as a picnic pavilion and restrooms were constructed soon after. An archaeologic dig, led by the University of West Florida in 2007, revealed Indian artifacts that were between 1,000 and 1,500 years old. Items found included bits of pottery, Indian arrowheads and what may be the only cave painting in Florida.

Falling Waters State Park lies atop a bed of limestone that has been eroded over the years by water which has created the sinkholes and caverns that are found throughout the park. The waterfalls are fed by springs that are dependent on rainfall. The water from the falls disappears into a large cavern at the base of the sinkhole. The sinkhole can be accessed by visitors by way of a paved trail and boardwalk.

Recreation

Falling Water State Park is open for year-round recreation including camping, fishing, hiking and swimming. The park is noted for hosting campfire circles. Park rangers give interpretive talks at the circles and present a slide show. The main campground is on one of the highest hills in Florida at .