Income Producing Homes in
5378 Alabama St Milton, FL 32570
For Sale
$329,000
MULTI_FAMILY - Milton, FL
Lot Size1.13 Acres
Days on Market474
Property Features for 5378 Alabama St
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Appliances
Electric Water Heater
Standard status
Active
APN
031N282530001000010
Lot size
1.13 Acres
Taxes and HOA fees
Tax Description
a portion of, TOWN OF MILTON LOTS 1 2 & 3 ON W SIDE BLK 1 & THAT PORT OF BLK 1 LYING BETWEEN LOTS 1 2 & 3 & THE MEDIAN SEC LINE & AS DES IN OR 1834 PG 52 6 & AS DES IN OR 3723 PG 1788 & AS DES IN OR 3724 PG 1907
Utilities
Water source
Public
Building Details
Year built
1949
Number of units
5
Roof type
Metal
Listing Agency:
Levin Rinke Realty
(850) 916-5050
Listed By:
Alan Trammell · License #SL3397816
(850) 916-5050
Added: Apr 11, 2025
Changed: May 29
Last Checked: Jul 28 at 11:06PM
MLS# 662435
Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a rare opportunity to own a parcel with five separate income producing homes. One of the potential build sites is on the corner of Alabama St. and Hunt St. This property has been surveyed to be subdivided; therefore, it will have a new parcel number and legal description recorded during closing. The parcel for sale contains 5378 Alabama St, 5374 Alabama St, 6794 Hunt St, 5374 Hunt Ct and 5380 Hunt Ct. All homes are 2 bedroom 1 bath except 5374 Hunt Ct which is 1 bedroom 1 bath. Rent history can be provided. If attempting financing this property will most likely require a commercial loan. Per the current survey the parcel is 1.13 acres. The property is located in Milton, Florida.
Key Highlights
- Opportunity to own a parcel with 5 separate income‑producing homes.
- Property has been surveyed to be subdivided, allowing for potential development.
- Includes multiple addresses: 5378 Alabama St, 5374 Alabama St, 6794 Hunt St, 5374 Hunt Ct and 5380 Hunt Ct.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Rare opportunity to own five separate income producing homes.
Where is this apartment building located?
The property is located at 5378 Alabama St Milton, FL.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Opportunity to own a parcel with 5 separate income‑producing homes.; Property has been surveyed to be subdivided, allowing for potential development.; Includes multiple addresses: 5378 Alabama St, 5374 Alabama St, 6794 Hunt St, 5374 Hunt Ct and 5380 Hunt Ct.