Property summary
This exceptional 16-unit apartment complex, located at 5646 Cyanamid Rd in Milton, Florida, presents a compelling investment opportunity. The property boasts 16,420 square feet across two, two-story buildings, built in 1984 and renovated in 2023. Each of the 16 units features two bedrooms and two bathrooms, currently enjoying 100% occupancy. The property generates a strong net operating income (NOI) of $172,800, resulting in a 6.06% cap rate. The asking price is $2,850,000, translating to… $173.57 per square foot and $178,125 per unit. Situated on 3.65 acres and zoned R3, this property offers significant development potential. The R3 zoning allows for the addition of up to 18 units per acre, presenting the possibility of expanding the complex by up to 47 additional units, for a total of 63 units. Building heights of up to 50 feet are permitted. The property's prime location, just off Avalon Boulevard and minutes from I-10, provides convenient access to shopping, dining, and employment centers. The seller is open to a partnership for redevelopment, making this an ideal opportunity for investors seeking immediate cash flow and long-term growth in a thriving market. The current rent potential for each unit is $1100.00. This is a rare chance to acquire a well-maintained, income-producing asset with substantial upside potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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