Skip To Content

5646 Cyanamid Rd

Milton, FL 32583
  • $2,500,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 658151
UPDATED: 35 min ago
$2,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Investors, don't 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 that's 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!

Monthly Payment Calculator



© 2025 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. Data last updated: 2025-02-07T12:54:35.527.
www.connellsellsthecoast.com/homes/159839011
Print Image

5646 Cyanamid Rd Milton, FL 32583

  • Price: $2,500,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 35 min ago
  • MLS #: 658151
0
Beds
2
Baths
0
½ Baths
N/A
Acres
1984
Built
Neighborhood:
None
County:
Santa Rosa
Area:
Milton
Elementary School:
Bennett C Russell
Middle School:
Avalon
High School:
Milton
Property Description
Investors, don't 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 that's 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!
Exterior Features

Lot Features Interior Lot Roof See Remarks

Interior Features

Heating Central Heating YN Yes

Property Features

Building Area Total 19280 Building Name None Electric Circuit Breakers Horse YN No Listing Agreement Exclusive Right To Sell Property Sub Type Apartment Sale Rent For Sale

Listing provided by MARK DOWNEY & ASSOCIATES, INC.: 850-456-6616.


© 2025 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. Data last updated: 2025-02-07T12:54:35.527.
 
https://bt-photos.global.ssl.fastly.net/pensacola/1280_boomver_1_658151-2.jpg https://bt-photos.global.ssl.fastly.net/pensacola/1280_boomver_1_658151-2.jpg https://bt-photos.global.ssl.fastly.net/pensacola/1280_boomver_1_658151-2.jpg
Logo
Connell & Company Realty, Inc.
2107 Airport Blvd
Pensacola FL, 32504