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    5603 Stewart St Milton, FL 32570

    Source: https://www.saltercompany.com
    For Sale
    $275,000

    Corner Lot, 2,088 SF, High-Income Area

    Property size:
    2,088 SF

    Description

    Added:
    Feb 5, 2025
    Days on Market:
    305
    This exceptional 2,088 square foot free-standing office building is situated on a desirable corner lot in Milton, Florida, zip code 32570, within Santa Rosa County. The property boasts a flexible layout adaptable to various business needs, potentially accommodating 3-5 individual offices, a dedicated conference room, two bathrooms, and two break rooms. Ample storage space is available, along with a utility room equipped for washer/dryer hookups. The building's design allows for a convenient separation of the front and rear areas, each with its own private access. Previously used as a dental office, this versatile space offers significant potential for a variety of professional uses. The 0.18-acre lot provides ample parking and visibility. The surrounding area demonstrates strong demographics, with a total population of 56,102 within a 5-mile radius and an average household income of $97,942, indicating a robust market for commercial properties. The asking price is $275,000. This property presents a unique opportunity to acquire a well-maintained, adaptable office space in a thriving community. The building features an additional 20,000 square feet of buildable area.

    Property Features for 5603 Stewart St

    General Information

    Property type
    Other retail properties
    Square Feet
    2,088 SF
    Price / Square Foot
    $131
    Class
    C
    Total Parking Spaces
    15
    Elevators
    N/A
    Net Rentable
    2,088 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built/Renovated
    1956/2002
    Buildings
    1
    Stories
    1

    HighLights

    • Prime 2,088 sq ft freestanding office building in Milton, FL.
    • Corner lot location offers excellent visibility and accessibility.
    • Versatile layout adaptable to various office configurations, including 3‑5 offices.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    State
    Florida
    Longitude
    -87.043413
    Latitude
    30.638287

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    FAQs

    What type of property is this?
    Other retail property - Corner Lot, 2,088 SF, High-Income Area
    Where is this other retail property located?
    The property is located at 5603 Stewart St Milton, FL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Prime 2,088 sq ft freestanding office building in Milton, FL.; Corner lot location offers excellent visibility and accessibility.; Versatile layout adaptable to various office configurations, including 3-5 offices.
    (850) 564-0120
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    5603 Stewart St Milton, FL 32570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5603 Stewart St Milton, FL 32570
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