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
Copyright © 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
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Last updated on: 3/12/2025, 12:55:54 AM 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. Residents of Milton, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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.
In February 2025 more than 15 listings in Milton, FL were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 49 were sold below. Between January and February 2025, Milton, FL real estate market has seen increase in the number of listings by 8.4%. While the average time on the market in February 2025 was 85 days, the median list price was $320,214.