5646 Cyanamid Rd Milton, FL 32583
Property details
About 5646 Cyanamid Rd
Investors, don’t miss this golden opportunity! Located at 5646 Cyanamid Rd in Milton, FL, this complex features 32 bedrooms and 32 bathrooms, with each unit offering 2 beds and 2 baths—a perfect layout for attracting long-term tenants. But that’s just the beginning! Zoned R3, with space to add up to 18 units per acre, giving you the opportunity to expand up to 47 units in addition to the current 16 units, for a potential total of 63 units! Plus, you can build up to 50 feet high. Rent potential for each unit is $1100.00. Seller offering partnership for redevelopment. Whether youre seeking immediate cash flow or long-term growth, this property checks all the boxes. With ample room for expansion and solid returns, this is an incredible investment in a booming area. Schedule a tour today and explore the endless possibilities for this income-producing property!
Highlights
Summary
- MLS Number: 658151
- MLS Name: Pensacola MLS
- Office Name: MARK DOWNEY & ASSOCIATES, INC.
- Office Phone: (850) 456-6616
- Listing Agent: Troy Alsaker
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Last updated on: 3/14/2025, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,500,000
5646 Cyanamid Rd
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Bennett C. Russell Elementary School
Public District PK-5
0.5 mi
•3740 Excalibur Way
5
Pea Ridge Elementary School
Public District PK-5
2.7 mi
•4775 School Ln
2
Bagdad Elementary School
Public District PK-5
3.8 mi
•4512 Forsyth St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,845. The most common annual income of people living in Milton, FL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
Figure Skating
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Dollar General
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Cracker Barrel
What do the neighbors drive?
Chevrolet
Buick
Ram
What do the neighbors listen to?
Country
Oldies- Classic Country
Frequently asked questions
About 5646 Cyanamid Rd
This home is located at 5646 Cyanamid Rd in Milton, FL and zip code 32583 in the Greater Avalon neighborhood. Features: 2 bathrooms. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $2,500,000.
Milton, FL housing market in February 2025 saw over 15 listings sold above listed price, more than 27 sold at listed price and over 49 sold below. Between January and February 2025, Milton, FL real estate market has seen increase in the number of listings by 8.4%. In February 2025 median list price was $320,214 and the average listing age was 85 days.