5347 Stewart St. Milton, FL 32570

This stately 4,700 square foot Olde Florida vintage home presents a unique investment opportunity. Boasting nine bedrooms and five full baths, it's ideally suited for a variety of income-generating uses. The expansive open floor plan includes a huge 20' x 30' living room with a gas fireplace and high-vaulted ceilings. The spectacular kitchen features an eight-foot Dolomite center island, a six-person breakfast bar, a deep stainless steel sink, all-stainless appliances, a professional six-burner gas stove, and a built-in Miele double convection oven. Three bedroom suites each have private baths. Situated on 1.2 acres of prime multi-use real estate zoned for both residential and commercial use, this property offers significant income potential. Individual room rentals (estimated $650-$750/month) or leasing sections of the house are viable options. Five separate entrances allow for flexible occupancy. Estimated monthly rental income could exceed $10,000 if used as a bed and breakfast, AirBnB, or group home. Other possibilities include a real estate brokerage, attorney's office, café, coffee house, or restaurant. The large back lot allows for the construction of additional income-producing structures. The property features a new architectural roof with hurricane straps (installed 2021) and numerous whole-house upgrades within the last three years. Its convenient location—a short walk to the Blackwater River and Blackwater Bicycle Trail, and less than 40 minutes from Gulf of Mexico beaches—further enhances its appeal. Additional revenue streams could be generated by renting bicycles, surreys, kayaks, and canoes. This property is perfect for an entrepreneurial visionary seeking a high-return investment.