Description
5646 Cyanamid Rd,
Milton,
FL
32583
Investors, dont miss this golden opportunity! Located at 5646 Cyanamid Rd in Milton, FL, this complex features 32 bedrooms and 32 bathrooms, with each unit offering 2 beds and 2 bathsa perfect layout for attracting long-term tenants. But thats just the beginning! Zoned R3, with space to add up to 18 units per acre, giving you the opportunity to expand up to 47 units in addition to the current 16 units, for a potential total of 63 units! Plus, you can build up to 50 feet high. Rent potential for each unit is $1100.00. Seller offering partnership for redevelopment. Whether you're seeking immediate cash flow or long-term growth, this property checks all the boxes. With ample room for expansion and solid returns, this is an incredible investment in a booming area. Schedule a tour today and explore the endless possibilities for this income-producing property!
This is an Active listing.
Broker Office Phone Number: 850-456-6616
Copyright © 2025Pensacola 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.
Listing By: MARK DOWNEY & ASSOCIATES, INC. via Data Source: Pensacola Association of REALTORS
Santa Rosa County
School District
Santa Rosa County
School District
santa-rosa-milton-fl
Schools
Bennett C Russell
Elementary
Avalon
Middle
Milton
High
Price History
date | price | variance | type |
---|
1/27/2025 | $2,500,000 | - | Listed |
listing agent: Troy Alsaker