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Turnkey Triplex Unit with Balcony
For Sale
$724,900
Pending

223 Milestone Drive, Inlet Beach, FL 32461

MULTI_FAMILY - Other - Inlet Beach, FL

Property Size1,293 SF
Days on Market97

Property Features for 223 Milestone Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Deed Restrictions, Resid
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
Parking 2
Window features Storm Window(s), Window Treatments
Patio and Porch features Patio
Interior features Ceiling Crwn Molding, Owner's Closet, Pantry
Exterior features Balcony
Appliances Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Washer, Water Heater - Tnkls
Subdivision Prominence
Lot features Sidewalk
Elementary school Dune Lakes
Middle school Emerald Coast
High school South Walton
Directions Hwy 98 to Watersound Parkway, head south , turn right on 30A then right on Prominence Square N then left on Milestone Drive. The unit is on the left.
Standard status Pending
APN 20-3S-18-16205-000-4210
Size 1,293 SF

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 421 PROMINENCE PHASE 3 NORTH PB 20-9 OR 3076-4075 OR 3149-1132
Tax Annual Amount 5599
HOA Fee $1,563 Quarterly
Legal Description LOT 421 PROMINENCE PHASE 3 NORTH PB 20-9 OR 3076-4075 OR 3149-1132

Utilities

Sewer type Public Sewer
Cooling system Central Air

Amenities

10ft ceilings
hardwood flooring
upgraded coastal finishes
washer/dryer
dishwasher
fridge
quartz countertops
tile backsplash
gas range with vented hood
glass shower doors
green space views

Building Details

Year built 2018
Floors in Building 2
Flooring type Tile, Hardwood
Building materials Siding CmntFbrHrdBrd
Architectural style Other
Listing Agency: Real Broker LLC
Listed By: Christopher G Lambert · License #3268813
Added: May 21 Changed: Aug 4 Last Checked: Aug 25 at 1:06PM
MLS# 1003594

Copyright © 2026 Emerald Coast 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 well appointed triplex unit is meticulously maintained and has never been rented. Built in 2018, the residence offers 1,293 square feet of interior living space featuring hardwood and tile flooring, ceiling crown molding, an owners closet, and a pantry. The unit includes two bedrooms and two bathrooms, along with an updated guest bath with glass shower doors.

The kitchen is equipped with a gas range and vented hood, quartz countertops, and a tile backsplash, plus a full appliance package that includes a dishwasher, disposal, refrigerator, washer, and dryer. For outdoor space, the unit offers a balcony and a patio. Central air provides year-round comfort, and the property is served by public sewer.

The unit is being offered turnkey and furnished, with freshly painted interior and exterior finishes and upgraded coastal finishes throughout.

Key Highlights

  • Never rented triplex unit offered turnkey and furnished
  • 1,293 square feet with two bedrooms and two bathrooms
  • 2018 construction with hardwood and tile flooring

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Garden Center Storage Facility Auto Parts Store Bakery Cafe & Coffee Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby

Demographics for 32461, FL

2,878
Population
5,860
Households
0.5
Avg Household Size
52
Median Age
59%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
193
Density / Sq Mi
$146,393
Median Household Income
$82,620
Median Earnings
$2,665
Median Rent
$947,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Well-appointed, never-rented triplex unit with balcony, hardwood flooring, and central air.
Where is this multifamily property located?
The property is located at 223 Milestone Drive Inlet Beach, FL.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: Never rented triplex unit offered turnkey and furnished; 1,293 square feet with two bedrooms and two bathrooms; 2018 construction with hardwood and tile flooring
More about this property
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