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Updated 8-Unit Apartment Building
For Sale
$1,294,900

6665 Magnolia St, Milton, FL 32570

Eight renovated apartments offer two-bedroom layouts, assigned parking, and in-unit laundry equipment.

Property SizeContact for details
Lot Size0.55 Acres
Days on Market53

Property Features for 6665 Magnolia St

General Information

Standard status Active
Lot size 0.55 Acres
Property subtype Multi-Family
Occupancy 75%

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8
Parking per Unit 2

Building Details

Year Built 1969
Listing Agency: Palm Island Realty Group, LLC
Listed By: Jennifer Amberg · License #13297
Source: Gulfshoresrealestatesearch
Added: Aug 24 Changed: Oct 8 Last Checked: Oct 14 at 8:25PM

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 Palm Island Realty Group, LLC

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Investment Insights

Based on property information with market context.

Located at 6665 Magnolia St in Milton, this 8-unit apartment building contains updated two-bedroom, one-bathroom residences. Renovations include luxury vinyl plank flooring, stainless steel appliances, quartz countertops, updated fixtures, and a stackable washer and dryer in each unit. The property was built in 1969 and occupies approximately 0.55 acres.

Six of the eight units are occupied, while two are available for lease. Each residence has two assigned parking spaces. The seller also owns a 12-unit multifamily complex directly next door and a nearby 6-unit property, allowing the properties to be acquired separately or as a package totaling up to 26 units.

Key Highlights

  • 8‑unit apartment complex with all units updated
  • Each unit offers 2 bedrooms and 1 bathroom
  • Renovated interiors feature luxury vinyl plank flooring, stainless steel appliances, and quartz countertops

Property Analytics

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Current Use

Apartment buildings

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

8
Residential units
75%
Occupancy

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 - Eight renovated apartments offer two-bedroom layouts, assigned parking, and in-unit laundry equipment.
Where is this apartment building located?
The property is located at 6665 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: 8‑unit apartment complex with all units updated; Each unit offers 2 bedrooms and 1 bathroom; Renovated interiors feature luxury vinyl plank flooring, stainless steel appliances, and quartz countertops
More about this property
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