Remodeled Retail
6682 Ravine St, Milton, FL 32570
For Sale
New
$229,900
Commercial Sale, Milton, FL
Property Size936 SF
Lot Size0.16 Acres
Price / SF$245.62
Days on Market4
Property Features for 6682 Ravine St
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
High school district
Directions
Standard status
APN
Size
Lot size
Amenities
covered front porch
one-car carport
Building Details
Buildings
Listing Agency:
National Land Realty, Gulf Coast
(855) 657-5263
Listed By:
Bo English
855-NLR-LAND
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 7:06PM
MLS# 12065505
Copyright © 2026 My State MLS. 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 1910 cottage offers 936 square feet on a 0.16-acre lot, with C-1 Neighborhood Retail Commercial zoning and residential use also permitted by the City of Milton planning and zoning department. Interior features include hardwood floors, tiled wet areas, a kitchen with granite counters, and a Viking gas range. Updates include wiring, windows, blinds, ceiling fans, switches, a tankless water heater, and smoke detectors.
Exterior improvements include a new roof and siding, cedar trim, a covered front porch, and a one-car carport. The property is on Ravine Street in downtown Milton, within walking distance of the city's shops and restaurants.
Exterior improvements include a new roof and siding, cedar trim, a covered front porch, and a one-car carport. The property is on Ravine Street in downtown Milton, within walking distance of the city's shops and restaurants.
Key Highlights
- 936‑square‑foot cottage on a 0.16‑acre lot
- C‑1 Neighborhood Retail Commercial zoning; residential use also permitted
- Hardwood floors, tiled wet areas, granite kitchen counters, and a Viking gas range
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,072
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,440
$201.4K
Cap Rate 7%
$143,886
$143.9K
Cap Rate 9%
$111,911
$111.9K
Market Conditions
NOI Build-Up for 936 SF
Gross rent
$15.7K $16.80/SF
− Vacancy
−$1.3K −$1.43/SF
EGI
$14.4K $15.37/SF
− OpEx
−$4.3K −$4.61/SF
NOI
$10.1K $10.76/SF
Area
Santa Rosa County, FL
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,440
Cap Rate 7%
$143,886
Cap Rate 9%
$111,911
Alternative Uses
Best Use
Retail
$143.9K
$125.9K – $167.9K
NOI $10,072 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$230.5K
$201.7K – $268.9K
NOI $16,134 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
93k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
Whataburger
Dining
30,594 visits/mo
0.1 miles
Circle K
Shops & Services
19,585 visits/mo
0.3 miles
Burger King
Dining
15,032 visits/mo
0.5 miles
Arby's
Dining
11,173 visits/mo
0.5 miles
Family Dollar
Shops & Services
7,740 visits/mo
0.1 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - C-1 Neighborhood Retail Commercial zoning also permits residential use under City of Milton planning and zoning guidance.
Where is this retail space located?
The property is located at 6682 Ravine St Milton, FL.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 936‑square‑foot cottage on a 0.16‑acre lot; C‑1 Neighborhood Retail Commercial zoning; residential use also permitted; Hardwood floors, tiled wet areas, granite kitchen counters, and a Viking gas range
