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Updated 12-Unit Apartment Building
For Sale
$1,294,900

6631 Magnolia St, Milton, FL 32570

Twelve refreshed one-bedroom residences offer assigned parking and in-place occupancy at a Milton multifamily property.

Property SizeContact for details
Lot Size0.48 Acres
Days on Market53
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Property Features for 6631 Magnolia St

General Information

Standard status Active
Lot size 0.48 Acres
Property subtype Multi-Family

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Additional Details

Average Monthly Rent $945

Building Details

Year Built 1982
Listing Agency: Phd Real Property, LLC
Listed By: Erik Hansen · License #BK3069922
Source: Hansenteampensacola
Added: Aug 24 Changed: Oct 15 Last Checked: Oct 14 at 10:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phd Real Property, LLC

Investment Insights

Based on property information with market context.

Located at 6631 Magnolia St in Milton, this apartment property contains 12 one-bedroom, one-bath units on approximately 0.48 acres. Built in 1982, the complex has been updated throughout with luxury vinyl plank flooring, stainless steel appliances, quartz countertops, modern fixtures, and washer/dryer hookups. Assigned resident parking serves the property.

Ten of the 12 residences are occupied. Unit 6651 is presently configured as an on-site leasing office and can be converted back to residential use. Residents also pay a monthly utility and service fee covering water/sewer, trash, pest control, and lawn care. The seller additionally owns an 8-unit complex next door and a nearby 6-unit property, with package transactions under consideration for up to 26 multifamily units.

Key Highlights

  • 12 one‑bedroom, one‑bath apartment units
  • 10 of 12 units occupied
  • Approximately 0.48 acres at 6631 Magnolia St, Milton, FL 32570

Property Analytics

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Current Use

Brandyway apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Auto Parts Store Grocery & Convenience Store Bakery

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Twelve refreshed one-bedroom residences offer assigned parking and in-place occupancy at a Milton multifamily property.
Where is this apartment building located?
The property is located at 6631 Magnolia St Milton, FL.
What is the asking price?
The asking price for this property is $1,294,900.
What are key features of this property?
This property features: 12 one‑bedroom, one‑bath apartment units; 10 of 12 units occupied; Approximately 0.48 acres at 6631 Magnolia St, Milton, FL 32570
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