Under Contract

5347 Stewart St

Milton, FL 32570
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Stately 4,700 square foot, 9-bedroom/5 bath Olde Florida vintage home priced well below market value at just $85/sf. Open floor plan with huge 20' X 30' great room with gas fire place, lofty cathedral ceiling and bright recessed lighting. Spectacular kitchen with eight foot Dolomite center island, stainless steel deep sink, 6-person breakfast bar, all-stainless appliances, professional 6-burner gas stove, built-in Miele double convection oven, and ample soft-close white cabinetry. Home also features a Reehm tankless water heater and three bedroom suites, each with private bath. Situated on 1.2 acres of prime multi-use real estate zoned both residential and commercial, this property offers tons of income-producing potential! The home was used in its early days as a popular Tea House an d for many years later as a Rooming House. Live in the main section of the house and lockout upstairs &/or rear bedrooms (with three separate side and rear entrances), to rent to boarders or as private offices at an estimated $650-$800/room/month. Even greater income potential if used as a Bed and Breakfast or Air BnB. Also well-suited as a group home or commercial office. Maybe a cafe, restaurant, wedding/event venue or live music hall is your dream. The possibilities are endless, especially if one were to improve or build on the expansive, 450' deep back lot. New architectural roof with hurricane straps installed in 2021 with numerous whole-house upgrades in the last five years. Just a short drive to the Blackwater River for swimming, canoeing, tubing or fishing, one hundred yards from the Blackwater Bicycle Trail, ten minutes to NAS Whiting Field and a mere 40-minutes to the emerald waters and sugar white sand beaches of the Gulf of America. If you are an entrepreneurial visionary or simply have a large family, perhaps with elderly or extended family members or an on-site business, you need to give this house a closer look.

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Detail Ic Property Details

Property Type : Residential Income

Price : $399,900

AD Id : 77060432

MLS Id : 680879

Year Built : 1930

County : Santa Rosa

  • Map Map

Map

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Feature Features

  • Kitchen Information

    Kitchen Room Remarks: Solid Surface Countertops

    Room Information

    Window Feature: Drapery Rods, Some Blinds, Some Drapes
  • Flooring Information

    Wood
  • Roofing Information

    Shingle
  • Interior Features

    Baseboards, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Speed Internet, Recessed Lighting Roof: Shingle Appliances: Water Heater, Electric Water Heater, Tankless Water Heater, Washer, Built In Microwave, Dishwasher, Disposal, Double Oven, Refrigerator, Self Cleaning Oven, Oven Laundry Features: Inside, W/D Hookups
  • Heating & Cooling

    Heating: Multi Units, Heat Pump, Fireplace(s) Cooling: Ceiling Fan(s), Heat Pump, Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1930 Construction Materials: Frame Security System: Smoke Detector(s)
  • Exterior Features

    Foundation Details: Off Grade
    Porch: Porch
  • Pool Information

    None

  • Lot Information

    Lot Description: Central Access Lot Size Units: Acres Waterfront: None Stories: 2

    Property Information

    Property Type: Residential Income Sub Type: OtherSubdivision: None

  • Listing Price Information

    Original Listing Price: $399900

  • Tax Information

    Parcel Number: 031N282530083000020

  • Parking Information

    Parking Lot, Rear Entrance, Side Entrance

  • Elementary School: W. H. Rhodes
    Junior High School: R. HOBBS
    Senior High School: Milton
  • Utility Information

    Cable Available
  • Location Information

    Direction: From Hwy 90 (Caroline St) turn North on Hwy 87 (Stewart St). House is on the Left just beyond the Fire Station and directly across from What-A-Burger.
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Nearby Home Value

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6512 Winston Brown Road, Milton, FL, 32570 $239,995 3 2 --
6512 Winston Brown Rd, Milton, FL, 32570 $239,995 3 2 1,750 1,750 SqFt
6274 Munson Hwy, Milton, FL, 32570 $213,000 3 2 1,351 1,351 SqFt

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ByOwner last updated this listing 06/26/2026 @ 13:02

MLS: 680879 LISTED BY: Richard Holzknecht, BCB RESIDENTIAL PROPERTIES 850-449-4030 SOURCE: Pensacola MLS

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