Five-Home Apartment
5378 Alabama St, Milton, FL 32570
For Sale
$329,000
Residential Income, Milton, FL
Property Size1,136 SF
Lot Size1.13 Acres
Price / SF$289.61
Days on Market579
Property Features for 5378 Alabama St
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Building Details
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Listing Agency:
Levin Rinke Realty
(850) 916-5050
Listed By:
Alan Trammell · License FL SL3397816
(850) 530-4921
Added: Apr 11, 2025
Changed: Aug 19
Last Checked: Nov 10 at 7:06PM
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.
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Investment Insights
Based on property information with market context.
This multifamily property comprises five separate rental homes on a surveyed 1.13-acre parcel. Four residences contain two bedrooms and one bathroom, while the fifth has one bedroom and one bathroom. The homes date to 1949 and include metal roofing, electric water heaters, driveway parking, public water, and public sewer. Rent history is available for review.
The property includes 5378 Alabama St, 5374 Alabama St, 6794 Hunt St, 5374 Hunt Ct, and 5380 Hunt Ct. A potential building site is identified at the corner of Alabama St. and Hunt St. The parcel has been surveyed for subdivision, with a new parcel number and legal description expected to be recorded at closing. Buyers should independently verify property metrics and subdivision details during due diligence.
The property includes 5378 Alabama St, 5374 Alabama St, 6794 Hunt St, 5374 Hunt Ct, and 5380 Hunt Ct. A potential building site is identified at the corner of Alabama St. and Hunt St. The parcel has been surveyed for subdivision, with a new parcel number and legal description expected to be recorded at closing. Buyers should independently verify property metrics and subdivision details during due diligence.
Key Highlights
- Five separate income‑producing homes on 1.13 acres
- Four 2‑bedroom, 1‑bath homes plus one 1‑bedroom, 1‑bath home
- Surveyed for subdivision with a new parcel number and legal description at closing
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
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Business Placement
Demographics for 32570, FL
33,144
Population
15,387
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
301.1 sq mi
ZIP Area
110
Density / Sq Mi
$73,615
Median Household Income
$38,394
Median Earnings
$1,233
Median Rent
$240,800
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Santa Rosa County, FL
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Frequently Asked Questions
What type of property is this?
Multifamily property - Five separate rental homes offer a compact multifamily configuration with public water and sewer service.
Where is this multifamily property 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: Five separate income‑producing homes on 1.13 acres; Four 2‑bedroom, 1‑bath homes plus one 1‑bedroom, 1‑bath home; Surveyed for subdivision with a new parcel number and legal description at closing
