Milton FL Multi Family for Sale

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Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
16
Year built:
1984
Baths:
8.00
MLS#:
649500

ADDITIONAL INFORMATION

8 quality units in the heart of Pace and located just a half mile north of the popular and growing 5 points intersection where you'll find the new Starbucks and Publix! All units are 2 bedroom / 1 bath and have: central heat & air, open living room and kitchen layout with washer dryer connections in the unit and a private patio plus a dedicated storage room outside the unit. The current gross rent is $8400 per month but with the 3 most recent vacant units renting for $1250 per month there is room to increase revenue. 4 Units have been totally remodeled and rent has been increased but the other 4 units offer opportunities to increase your return through value add improvements and higher rent. Conveniently, all leases under $1150 are month to month and all leases at $1150 and up are locked into a lease up to 1 year. The property has been well kept and the current owners have made over $75k in capital improvements(Interior renovation, fences, paved parking area, new windows in 2 units) in the last few years. Each unit is separately metered and the tenants pay their own utilities. The owner pays the electric bill for the lift station and splits the bill for the dumpster with the neighboring property. Lodging Cir is a small private circle drive community made up of 4 quadplexes with trees surrounding the neighborhood and a large area of green grass in the center. The current offering of 3378 & 3386 Lodging Cir sit next door to each other. Both buildings received a new roof in 2021. This is the ideal rental, it makes good money today but still offers lots of upside for the new owner!

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75019


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Milton Real Estate

The median home value in Milton, FL is $311,800. This is lower than the county median home value of $342,500. The national median home value is $338,100. The average price of homes sold in Milton, FL is $311,800. Approximately 76.66% of Milton homes are owned, compared to 17.46% rented, while 5.88% are vacant. Milton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Milton real estate agent to arrange a tour today!

Milton, Florida 32571 has a population of 23,527. Milton 32571 is more family-centric than the surrounding county with 35.51% of the households containing married families with children. The county average for households married with children is 33.37%.

The median household income in Milton, Florida 32571 is $67,500. The median household income for the surrounding county is $77,260 compared to the national median of $69,021. The median age of people living in Milton 32571 is 38.7 years.

Milton Weather

The average high temperature in July is 91.4 degrees, with an average low temperature in January of 41.1 degrees. The average rainfall is approximately 67.2 inches per year, with 0.1 inches of snow per year.

Milton Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    403
    30-day change

Milton Schools and Demographics

Education near Milton, FL

Metric City County
High School Graduates 91.98 92.28
College Degree - 2 year 13.58 13.07
College Degree - 4 year 27.8 29.15
Graduate Degree 9.36 8.23
Expenditures per Student 10,587 10,587
Students per Teacher 18 18

Elementary Schools near Milton, FL

School Grades Students P/T Ratio ZIP
Bagdad Elementary School PK - 05 456 11.4 32583
Bennett C Russell Elementary School PK - 05 799 11.9 32583
Berryhill Elementary School PK - 05 814 14 32570
Chumuckla Elementary School PK - 06 276 12.6 32565
Gulf Breeze Elementary School PK - 05 720 14.4 32561
Holley-Navarre Intermediate School 02 - 05 823 14.7 32566
Holley-Navarre Primary School PK - 05 824 12.9 32566
Jay Elementary School PK - 06 492 12.9 32565
Oriole Beach Elementary School PK - 05 808 13.5 32563
Pea Ridge Elementary School PK - 05 762 13.4 32571
S. S. Dixon Intermediate School 02 - 05 755 14.3 32571
S. S. Dixon Primary School PK - 02 724 14.2 32571
T. R. Jackson PREK Center PK - PK 187 17 32570
W. H. Rhodes Elementary School PK - 05 864 12 32570
West Navarre Intermediate School 03 - 06 1,033 14.6 32566
West Navarre Primary School KG - 04 844 13.8 32566

Middle Schools near Milton, FL

School Grades Students P/T Ratio ZIP
Avalon Middle School 05 - 09 745 17.7 32583
Gulf Breeze Middle School 05 - 08 887 19.3 32561
Hobbs Middle School 06 - 08 664 16.2 32570
Holley-Navarre Middle School 06 - 08 851 17.4 32566
Martin Luther King Middle School 06 - 08 615 16.6 32570
Thomas L Sims Middle School 06 - 08 887 17.1 32571
Woodlawn Beach Middle School 06 - 08 1,012 20.6 32563

High Schools near Milton, FL

School Grades Students P/T Ratio ZIP
Gulf Breeze High School 09 - 12 1,578 22.9 32561
Jay High School 06 - 12 454 15.7 32565
Milton High School 09 - 12 1,772 20.9 32570
Navarre High School 09 - 12 2,029 23.1 32566
Pace High School 09 - 12 1,890 22.5 32571

Ungraded Schools near Milton, FL

School Grades Students P/T Ratio ZIP
* Locklin Technical Center 09 - 12 5 0.6 32570
* Santa Rosa Adult School 09 - 12 159 15.9 32570
Berryhill Administrative Complex 03 - 12 51 1.2 32570
Central School PK - 12 556 11.6 32570
East Milton Elementary School PK - 09 748 11 32583
Learning Academy of Santa Rosa 06 - 12 133 22.2 32570
Milton Youth Academy 05 - 12 0 32583
Santa Rosa Online Virtual Instruction Program KG - 12 33 32570
Santa Rosa Virtual Franchise 06 - 12 62 32570
Santa Rosa Virtual Instruction Course Offerings 06 - 12 0 32570

Demographics near Milton, FL 32571

Metric Zip Code City
Neighborhood Type Suburban
Population 23,527 184,345
Population Density 971 182
Median Age 38.7 40.1
People per Household 2.7 2.6
Median Household Income 67,500 77,260
Average Income per Capita 32,848 35,253