6631 Magnolia St, Milton, FL 32570

Milton
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
6631 Magnolia St,Milton, FL 32570
$1,295,000
  • - Beds
  • - Baths
  • 6,144 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer amberg
Office: palm island realty group, llc.
MLS#:687888
Source:FL_PMLS

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$210.77

About this home

Excellent multifamily investment opportunity in Milton! Updated complex consisting of a total of 12 1-bedroom, 1-bathroom units. Each unit has been updated with modern finishes including luxury vinyl plank flooring, stainless steel appliances, quartz countertops, updated fixtures, and washer/dryer hookups. The property is currently 10 of 12 units occupied, providing immediate rental income with additional upside through lease-up of the two vacant units. One vacant unit, 6651, is currently set up and utilized as an on-site leasing office and could be returned to residential use. Current base rents are approximately $925-$945 per month, with tenants also paying an additional $75 monthly utility/service fee covering water/sewer, trash, pest control, and lawn care. Situated on approximately 0.48 acres, the property also offers assigned resident parking. With all 12 units already updated, plus strong existing occupancy, this apartment complex offers an attractive opportunity to acquire...

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Home facts

  • Year built:1982
  • Subdivision & Development:Milton Heights
  • Listing ID #:687888
  • Added:1 day(s) ago
  • Updated:August 23, 2026 at 03:44 AM

Rooms and interior

  • Living area:6,144 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1982
  • Building area:6,144 sq. ft.
  • Lot Features:Central Access
  • Construction Materials:Frame
  • Exterior Features:Covered
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Milton
  • Middle school:R. HOBBS
  • Elementary school:W. H. Rhodes

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$210.77

Parking

  • Parking description:Assigned, Parking Lot
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