5392 Munson Hwy, Milton, FL 32570

Milton
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
5392 Munson Hwy,Milton, FL 32570
$500,000
  • 8 Beds
  • 8 Baths
  • 3,600 sq. ft.
  • Multi-family
  • Active
Listed by: matthew jones
Office: keller williams realty gulf coast
MLS#:678864
Source:FL_PMLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$138.89

About this home

Riverfront quadplex just east of Downtown Milton with rental income already in place. Each of the four units offers 2 bedrooms and 2 bathrooms. Three units currently rent for $1,200 per month and one rents for $1,150. Tenants pay their own utilities and the owner covers lawn care. All four units are currently leased with staggered expirations of 6/30/2026, 9/30/2026, 12/31/2026, and 2/28/2027. The location is a major highlight. The property sits along the Blackwater River and is about half a mile from both Downtown Milton and Carpenter’s Park, which offers a public boat launch, river access, playground, and green space. The riverfront is currently natural and wooded, creating a private setting along the Blackwater River. The property previously had a dock. All four units share the same efficient layout. Tenants enter through a small foyer into the open kitchen and living area, with sliding glass doors leading to a large private balcony. The balcony also houses the laundry room and...

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Home facts

  • Year built:1984
  • Listing ID #:678864
  • Added:42 day(s) ago
  • Updated:April 18, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Laminate, Simulated Wood, Tile
  • Kitchen Description:Built In Microwave, Dishwasher, Electric Water Heater, Refrigerator
  • Living area:3,600 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1984
  • Building area:3,600 sq. ft.
  • Construction Materials:Frame
  • Exterior Features:Deck
  • Foundation Description:Pillar/Post/Pier

Schools

  • High school:Milton
  • Middle school:KING
  • Elementary school:W. H. Rhodes

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$138.89

Features and amenities

  • Laundry features:Washer/Dryer Hook Up
  • Amenities:Baseboards, Blinds, Cable Available, Ceiling Fan(s), Electric Water Heater, Storage

Parking

  • Parking description:2 Space/Unit, Covered
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