5347 Stewart St

Milton, FL 32570
$499,000

Description

Priced to Sell with $50K price reduction as Sellers are moving into a newly inherited home. Stately 4,700 square foot, 9-bedroom/5 full bath Olde Florida vintage house. Open floor plan with huge 20' X 30' living room with gas fire place & vaulted ceiling. Spectacular kitchen with eight foot Dolomite center island with 6-person breakfast bar & deep stainless steel sink. All-stainless appliances, professional 6-burner gas stove, built-in Miele double convection oven, and ample soft-close white cabinetry. Home also features a Reehm tankless water heater and three bedroom suites, each with private bath. Situated on 1.2 acres of prime multi-use real estate zoned both residential and commercial, this property offers tons of income-producing potential! Rent bedrooms individually or as private offices at $650-750/room/month. Income potential will be significantly greater if used as a Bed and Breakfast or Air BnB. Also well-suited for a group home, CPA's or attorney's office. Maybe starting a cafe or restaurant is your vision. The possibilities are endless, especially if one were to build additional income-producing structures on the 3/4 acre back lot.New architectural roof with hurricane straps installed in 2021 with numerous whole-house upgrades in the last three years. Just a short walk to the Blackwater River for swimming, rafting or fishing, a mere one hundred yards from the Blackwater Bicycle Trail, and less than a 40-minute drive to the sugar white sand beaches of the Gulf of Mexico. If you are an entrepreneurial visionary, you owe it to yourself to check out this home and dream big!
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  • Interior Details
    • Interior Features
      • Interior:Baseboards, Cathedral Ceiling(s), Ceiling Fan(s), Recessed Lighting, Vaulted Ceiling(s), Bonus Room, Guest Room/In Law Sui
  • Property Details
    • Property
      • Lot description:Central Access
    • Measurements
      • Square Feet:4700
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1930
    • Material information
      • Foundation:Off Grade
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • Elementary School:W. H. Rhodes
      • Middle School:R. Hobbs
      • High School:Milton
      • County:Santa Rosa
  • Financial Details
    • Pricing Details
      • Original List Price:$499, 000
  • Other
    • Source
      • MLS #:648621

Location

Central Bay Realty and Property ManagementReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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