6630 Applegate St, Milton, Florida image 1
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6630 Applegate St

Milton, FL 32570
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$595,000 $2,508/Mo
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Unique 6-unit multifamily investment opportunity in Milton. Situated on approximately 0.44 acres, this property offers a desirable mix of unit sizes consisting of a 2-bedroom, 1-bathroom duplex plus four 1-bedroom, 1-bathroom units, all located on the same parcel. The property is currently 1 of 6 units occupied, creating an excellent opportunity for an investor to immediately lease the remaining five units and establish the property at current rental rates. The occupied 2-bedroom unit is currently rented at $1,245 per month. The second 2-bedroom unit is offered at $1,245 per month, while the four 1-bedroom units are offered at $895 per month. The property offers an attractive combination of existing income and significant immediate lease-up potential at a great purchase price. Addition al portfolio opportunity available: Seller also owns a 12-unit complex of updated 1-bedroom apartments and an 8-unit complex of updated 2-bedroom apartments nearby. Seller is willing to consider a package transaction, creating a rare opportunity to acquire up to 26 multifamily units in close proximity. Properties may also be purchased separately.

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Detail Ic Property Details

Property Type : Residential Income

Price : $595,000

AD Id : 89906771

MLS Id : 687891

Year Built : 1966

County : Santa Rosa

Subdivision: Milton Heights

  • Map Map

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Feature Features

  • Flooring Information

    See Remarks

  • Roofing Information

    Shingle

  • Interior Features

    Roof: Shingle

  • Heating & Cooling

    Heating: Central, Wall/Window Unit(s) Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1966

  • Lot Information

    Lot Description: Central Access Lot Size Units: Acres Stories: 1

    Property Information

    Property Type: Residential Income Sub Type: ApartmentSubdivision: Milton Heights

  • Listing Price Information

    Original Listing Price: $595000

  • Tax Information

    Parcel Number: 342N282470017000090

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

  • Location Information

    Direction: Stewart Street North from 90, approximately 1.8 Miles to Left on Applegate. Property on the Right. Duplex and Quad Building on Same Parcel.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9856 Indian Ford Rd, Milton, FL, 32570 $265,000 3 2 1,800 1.67 Acres
8090 Blackwater Ridge Rd, Milton, FL, 32570 $450,000 1 1 -- 10 Acres
7488 Wild Horse Way, Milton, FL, 32570 $340,000 3 2 1,568 2.66 Acres
9543 Quiet Creek Rd, Milton, FL, 32570 $297,000 5 3 3,908 2.19 Acres
8940 Indian Ford Rd, Milton, FL, 32570 $364,900 3 -- 1,965 1.40 Acres
8870 Farmhouse Ln, Milton, FL, 32570 $499,999 3 2 2,000 1.42 Acres
5324 Horizons Edge Ln #.., Milton, FL, 32570 $281,490 4 2 1,667 0.18 Acre
5336 Horizons Edge Ln #.., Milton, FL, 32570 $302,490 4 3 1,891 0.15 Acre
5344 Horizons Edge Ln #.., Milton, FL, 32570 $287,490 4 2 1,707 0.15 Acre
5340 Horizons Edge Ln #.., Milton, FL, 32570 $272,490 3 2 1,474 0.14 Acre

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Copyright © 2026 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.

ByOwner last updated this listing 09/05/2026 @ 10:16

MLS: 687891 LISTED BY: Jennifer Amberg, Palm Island Realty Group, LLC 850-807-4122 SOURCE: Pensacola MLS

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