5347 STEWART ST, Milton, Florida
5347 STEWART ST, Milton, Florida 32570 - Back on the market with improvements! Great business or investment opportunity in the heart of Milton and convenient to beaches and all Blackwater River recreational activities. This 9 bedroom, 7.5 bath home is strategically situated along the well-trafficked Stewart Street Business Corridor and zoned SSC-RC (Stewart Street Corridor -- Commercial/Residential) with endless possibilities for future use to include an Air B&B, veteran's home, boarding house, group home, day spa/salon, women's shelter, children's day care, professional office, flea market, antique mall, private residence with lockout rentals or personal residence for large family with on-site family business. Property was last used as a rooming house generating over $4,000 in monthly gross rents. Interior features include large common area/living room, fireplace, dining room with exposed beams & built-in bookshelves, hardwood floors, crown molding, French doors and porcelain tiled kitchen with farm sink. New roof in 2005 with large sections re-roofed in 2016. Handicap ramp. Five separate entrances including two rooms with private entrances in back. One possibility: Live in spacious 3 bedroom/2.5 bath quarters downstairs and rent six lockout bedrooms upstairs and in the rear of the property. Another possibility: Live in even more spacious 5 bedroom/4.5 bath quarters downstairs and rent four lockout bedrooms or offices upstairs. Roughly one acre undeveloped in rear of property for future use as business, garden, or construction of additional rental units. 18'X24' detached garage is watertight but in need of repair. Property being sold "As Is". Seller is a licensed Realtor. Buyer/Buyer's Agent to verify square footage, acreage and possible zoning restrictions for intended use.
Listing Courtesy of Better Homes And Gardens Real Estate Main Street Properties