6386 Sandy Lane, Milton, FL 32570 – 950748 - Shirley Wright

$625,000

$640,000

2.3%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment -/mo

4,480 SqFt

SOLD DATE : 07/30/2024

Key Details

Sold Price $625,000

Property Type Commercial

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,480 sqft

Price per Sqft $139

MLS Listing ID 950748

Sold Date 07/30/24

Year Built 1985

Lot Size 0.300 Acres

Acres 0.3

Property Description

Investment Opportunity 4-plex in Milton, FL. Be a Resident Owner w/VA Financing available, or Conventional Financing with 20-25% Down with all of the units rented. Property is +/- 0.29 acres, with 90.52 feet of frontage along Sandy Lane. The property features four units, eachhaving a total SF of 1,120, 960 SF of living area. Perfect for the owner to use as a primary residence while leasing out the remainder. One lease expires June 2024; it would be available for the new owner. Zoned R3 - Medium High-Density Residential, located along Hwy 87 (16,317 AADT). Property is near the Naval Air StationWhiting Field, Santa Rosa Medical Center, Santa Rosa Christian School, and King Middle School. Nearby national/credit tenants include Publix, Winn-Dixie, TractorSupply Co., and Starbucks